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Telenor sells 5.1% stake in Veon, sees NOK 2.9 bln proceeds in Q3

2017-09-21 09:49:00| Telecompaper Headlines

(Telecompaper) Telenor said it is continuing the sale of its interest in Veon, formerly known as Vimpelcom. It is offering 5.1 percent of Veon's total outstanding common shares, leaving Telenor with about 256.7 million ADS, or about 14.6 percent of Veon's common shares. The underwriters have priced the 90 million common shares and ADS in the offering at USD 4.15 each, giving net proceeds of USD 365 million (around NOK 2.9 billion), which will be included in Telenor's third-quarter cash flow statement.

Tags: in proceeds sees sells

 

Report: New Zealand offers highest acreage to bid in Q3 2017

2017-09-08 01:00:00| Hydrocarbons Technology

This year's third quarter will see a total of 13 bid rounds closing globally, with New Zealand offering the highest acreage of all rounds, according to a report by GlobalData.

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Global trade heading for modest recovery in Q3

2017-08-08 13:51:00| Daily apparel & textile news and comment - from just-style.com

Global trade is heading for a modest recovery in the third quarter, new figures show, with growth likely to strengthen thanks to higher export orders.

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Asos FY on track following 32% Q3 sales jump

2017-07-13 11:19:00| Daily apparel & textile news and comment - from just-style.com

UK-based online fashion retailer Asos is forecasting full-year sales growth to be at the upper end of its 30-35% guidance range following a 32% jump in sales in the third quarter.

Tags: sales track jump q3

 

New Look cautious as Q3 earnings tumble

2017-02-07 11:57:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer New Look has offered a cautious outlook as it booked lower third-quarter like-for-like sales and earnings as a result of reduced footfall and a highly promotional retail environment.

Tags: earnings cautious q3 tumble

 

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