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Vivendi to announce imminent Telecom Italia deal - report

2015-06-22 08:32:00| Telecompaper Headlines

(Telecompaper) French media conglomerate Vivendi is expected to announce an imminent deal that will see it increase its stake in Telecom Italia to 14.9 percent and secure two board seats, according to an unnamed source cited by Reuters. The announcement could be made by 23 or 24 June, the source said. Vivendi is keen on consolidating its position as Telecom Italia's largest shareholder beyond the 8.3 percent it will receive from Telefonica as part-payment for its Brazilian broadband unit GVT and last week sources reported that the French company is planning to increase its stake to 10-15 percent. However, a report in Italian business daily Il Sole 24 Ore suggests the Brazilian antitrust watchdog will require Vivendi to first sell a 7.4 percent stake it still holds in Telefonica's Brazilian unit Vivo before it can raise its stake in Telecom Italia.

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Euskaltel confirms imminent IPO plans

2015-06-03 14:24:00| Telecompaper Headlines

(Telecompaper) Spanish regional cable operator Euskaltel has announced plans to list its shares on the Madrid stock exchange later this year. Euskaltel, operating in the Basque Country, said its current shareholders savings bank Kutxabank, utility Iberdrola and investment firm International Cable will sell existing shares in an IPO jointly coordinated by JP Morgan and UBS. Unnamed sources cited by Reuters suggested that the operator was seeking to interest international investors by listing around 50 percent of the company and that Euskaltel shares are expected to start trading at the end of July.

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Google 'Buy' Button Launch 'Imminent'

2015-05-28 18:02:47| PC Magazine Software Product Guide

Chief Business Officer Omid Kordestani confirmed the upcoming feature to Re/code.

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Massive Antarctic Ice Shelf Faces Imminent Risk of Collapse

2015-05-13 16:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Scientific American: An Antarctic ice shelf that is twice the size of Hawaii is at "imminent risk' of collapse and needs to be monitored carefully, a new study finds. The ice shelf--Larsen C--is located in roughly the same geography as the Larsen A and B ice shelves, which disintegrated in 1995 and 2002, respectively. Larsen C covers 19,300 square miles and is the largest shelf on the Antarctic Peninsula. If it melts, it could significantly raise global sea levels, said Paul Holland, the lead author of the study and...

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