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Sterling Construction Company, Inc. Affiliate, Road And Highway Builders, Is Awarded A Hawaii Project Valued At Approximately $61M

2016-01-13 04:34:01| publicworks Home Page

Sterling Construction Company, Inc. (“Sterling” or the "Company”) recently announced that its affiliate, Road and Highway Builders, LLC (RHB), is apparent low bidder on a $61.0M Federal Highway Administration (FHWA) project to perform reconstruction work on a 6.6 mile stretch of the Daniel K. Inouye Highway on the "Big Island" of Hawaii

Tags: company project road construction

 

UPDATE 1-Hyundai Motor, Kia Motors ordered to cut stakes in steel affiliate

2015-12-30 03:29:04| Automakers - Topix.net

SEOUL, Dec 30 Hyundai Motor and Kia Motors have been ordered to sell a combined 6.6 percent stake worth 461 billion won in steelmaking affiliate Hyundai Steel by Thursday to meet conglomerate ownership rules. South Korea seeks to address complex cross-shareholdings involving affiliates of big industrial groups, which have long been criticized for their poor corporate governance.

Tags: update cut motor affiliate

 
 

China Mobile buys assets, businesses from TieTong affiliate

2015-11-27 14:04:00| Telecompaper Headlines

(Telecompaper) China Mobile TieTong, a subsidiary of China Mobile, has signed an acquisition agreement with company affiliate TieTong. CM TieTong has agreed to acquire the target assets and businesses for CNY 31.88 billion (approximately HKD 38.67 billion). In addition, CM TieTong will also assume net debt of CNY 2.34 billion (HKD 2.84 billion). The price adjustment amount will not exceed CNY 1 billion. The final consideration will not exceed CNY 32.88 billion.

Tags: china mobile businesses affiliate

 

China Green Agriculture's Affiliate Joins Mercedes-Benz 's SUV Journey 2015

2015-09-14 08:18:52| Steel - Topix.net

China Green Agriculture", "CGA" or the "Company"), a company that mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its subsidiaries in China, today announced that the Company's affiliate, 900LH.com Food Co., Ltd. join Mercedes-Benz's SUV Journey 2015 as a sponsor. After four cities tryout settled down in early August, 48 winners stood out from 2,880 entrants, and joined the SUV Journey.

Tags: china green affiliate journey

 

Sprint affiliate Shentel to buy Ntelos for USD 640 mln

2015-08-11 08:59:00| Telecompaper Headlines

(Telecompaper) Shenandoah Telecommunications (Shentel) has entered into a definitive agreement to acquire fellow US regional mobile operator Ntelos for approximately USD 640 million in cash. Shentel will assume Ntelos's net debt, which stood at USD 431 million at the end of June, adjusted for its expected obligations from winding down its Eastern Markets division in November. Ntelos shareholders will receive around USD 208 million in cash, or USD 9.25 per share, an approximately 60 percent premium over the last 30 days. The purchase will be financed with an expanded credit facility. The 'nTelos Wireless' brand will be discontinued in favour of Sprint, with which Shentel has concurrently extended its affiliate relationship. Ntelos's 297,500 retail customers in its Western Markets, (parts of Virginia, West Virgina, Maryland, North Carolina, Pennsylvania, Ohio, Kentucky) will use the Sprint branded service. Shentel will continue to upgrade the nTelos network to 4G LTE and expand coverage in the areas with at least an additional 150 sites over the next three years, using spectrum acquired by Sprint and made available to Shentel as part of the transaction.

Tags: buy usd affiliate sprint

 

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