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United Technologies to get $400 million tax deal
2014-04-25 17:46:23| Industrial Machines - Topix.net
State lawmakers gave final legislative approval Thursday to a $400 million tax credit deal with United Technologies Corp., but not without some concerns that Connecticut has to "play defense" to keep its largest private sector employer from moving elsewhere.
C&W sells Monaco Telecom for EUR 322 million
2014-04-25 11:56:00| Telecompaper Headlines
(Telecompaper) Cable & Wireless Communications has agreed the sale of Compagnie Monégasque de Communication, the holding company for its 55 percent stake in Monaco Telecom, to a private investment vehicle controlled by Xavier Niel, the French entrepreneur controlling Iliad, for EUR 321.79 million. Monaco Telecom is the incumbent operator in Monaco where it is the market leader and only full service telecommunications provider. It also owns 36.75 percent of Afghan mobile operator Roshan, supplies international carrier and country code services to Kosovo, and works with OnAir for onboard telephony. CMC had USD 74 million of EBITDA on a USD 218 million revenue in the year to March 2013, when it had USD 537 million of gross assets and some 35,000 mobile customers, 34,000 fixed line and 17,000 broadband users. The parties have regulatory approval and only await a C&W shareholder vote to complete the deal. The disposal puts C&W in a strong position to pursue growth opportunities, both organic and inorganic, in the targeted Caribbean and Latin America region, the operator said.
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United Technologies to get $400 million tax deal
2014-04-25 04:20:18| Paper - Topix.net
State lawmakers gave final legislative approval Thursday to a $400 million tax credit deal with United Technologies Corp., but not without some concerns that Connecticut has to "play defense" to keep its largest private sector employer from moving elsewhere.
United Technologies to get $400 million tax deal
2014-04-25 04:02:34| Industrial Machines - Topix.net
State lawmakers gave final legislative approval Thursday to a $400 million tax credit deal with United Technologies Corp., but not without some concerns that Connecticut has to "play defense" to keep its largest private sector employer from moving elsewhere.
United Way projects $4.7 million campaign total
2014-04-25 03:40:24| Steel - Topix.net
FORT WAYNE, Ind. United Way of Allen County president and CEO Todd Stephenson and campaign chair Chris Sosebee announced community campaign results at a celebration breakfast today at the Grand Wayne Center.
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