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Rogers attempts to block $670 million Glentel sale to BCE

2014-12-18 17:03:57| Telecom - Topix.net

Rogers Communications has filed an application to block its rival, BCE , from buying wireless phone retailer Glentel in a previously announced deal valued at $670 million in stock, cash and debt. According to court documents, Rogers claims that Glentel has not sought its approval for the BCE acquisition, which was required in their agreement.

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Wesco to buy back as much as $300 million in shares

2014-12-18 16:19:00| Electronics - Topix.net

Wesco International Inc. announced a $300 million share buyback plan over the next three years.

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Goldgroup sells Mexican gold project to Timmins Gold for up to US$30 million

2014-12-18 15:29:01| Railroads - Topix.net

Timmins Gold Corp. will exchange US$10 million cash and shares currently worth about US$15 million to acquire the Caballo Blanco open pit gold mine project in Mexico from Goldgroup Mining Inc. . There's also a contingency for Timmins to pay an additional US$5 million once a permit is granted, making the deal potentially worth US$30 million.

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Food insecurity due to Ebola to affect a million by March 2015, says UN

2014-12-18 01:00:00| Food Processing Technology

Two United Nation (UN) agencies have warned that the number of people facing food insecurity due to Ebola in Guinea, Liberia, and Sierra Leone could top one million by March 2015.

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How will Jos. A. Bank dump $50 million in unsold clothes?

2014-12-17 14:39:07| Apparel - Topix.net

New Jos. A. Bank owner Men's Wearhouse plans to dispose of $50 million in inventory to bring the acquired menswear retailer's clothing up to more fashionable standards.

Tags: in million bank clothes

 

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