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Tag: exit
Softbank agrees T-Mobile exit in share sale, call option with Deutsche Telekom
2020-06-23 09:08:00| Telecompaper Headlines
(Telecompaper) Softbank Group has agreed to reduce its stake in T-Mobile US, selling around two-thirds of its stake to its co-shareholder Deutsche Telekom. It also gave the German operator a call option on most of its remaining shares in T-Mobile. Telekom plans to sell on the initial Softbank shares through a rights offering and trust securities.
Telia announces executive management changes ahead of new Nordic, Baltic strategy and Turkish exit
2020-06-22 09:34:00| Telecompaper Headlines
(Telecompaper) Telia Company has announced changes to its group executive management as it prepares a new strategy for the Nordic and Baltic regions and in light of its intention to leave the Turkish market. Markus Messerer will be appointed chief of strategy, innovation and head of global business; Rachel Samren becomes chief officer of external affairs, governance and trust; and Dan Stromberg has been promoted to head of Lithuania, Estonia and Denmark (LED).
Tags: management
executive
strategy
ahead
Turkey takes control of Turkcell as Telia agrees exit for USD 530 mln
2020-06-18 08:50:00| Telecompaper Headlines
(Telecompaper) Telia Company has reached an agreement to sell its 47.1 percent stake in Turkcell Holding to the state-owned Turkey Wealth Fund for USD 530 million. The transaction also includes a full settlement of all shareholder disputes and litigation connected to Turkcell and Turkcell Holding. As a result of the deal with all the shareholders, the state fund becomes the largest, controlling shareholder of the mobile operator.
Tags: control
takes
usd
turkey
Worker safety initiative Nirapon to exit Bangladesh
2020-06-08 14:21:00| Daily apparel & textile news and comment - from just-style.com
The Bangladesh worker safety initiative Nirapon is restructuring its organisation which will see it shift to operating from North America.
Tags: safety
exit
initiative
worker
Amber Beverage Group's Americas head makes swift exit
2020-05-28 16:47:00| Daily beverage news and comment - from just-drinks.com
Former Diageo executive Charles Henagan has stepped down from the role of MD for the Americas at Amber Beverage Group, barely a year after assuming the position.
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