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Community union's 'serious concerns' over Tata sale

2016-06-21 19:59:03| BBC News | Business | UK Edition

Unions say they have "serious concerns" about the ongoing sale of the Tata Steel UK business.

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TDC exits Sweden in sale to Tele2

2016-06-21 09:01:00| Telecompaper Headlines

(Telecompaper) Danish operator TDC is exiting the Swedish market and selling its activities there to Tele2. Tele2 will acquire TDC Sweden at an enterprise Value of SEK 2.9 billion, helping strengthen its position in the B2B segment on its home market. TDC Sweden serves the public sector and many blue-chip customers in Sweden with a range of connectivity services. It generated net sales in 2015 of SEK 3.4 billion and EBITDA of SEK 0.4 billion. The operations had 809 full-time employees at the end of 2015. For TDC, thing brings to an end its strategic review and leaves the company focused on Denmark and Norway. It will continue to cooperate with Tele2 in Sweden to serve business customers there. Tele2 expects synergies of SEK 300 million in annual opex and capex and SEK 200 million in one-off capital expenditure thanks to the deal. It plans a rights issue to raise SEK 3 billion to strengthen its balance sheet after the acquisition.

Tags: sale sweden exits tele2

 
 

E6 & REGISTERED BEEFMASTER REPLACEMENT FEMALE SALE HELD

2016-06-20 22:34:48| Cattle Today

The E6 and Registered Beefmaster Replacement Female Sale was held April 24, 2016 in Columbus, Texas.

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PPG Signs Agreement for Sale of European Fiber Glass Operations to Nippon Electric Glass

2016-06-20 21:06:00| Coatings World Breaking News

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Sweden faces climate test as voters oppose brown coal sale

2016-06-15 18:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: The Swedish government is expected to decide this week whether to allow the sale of some of Europe`s most polluting assets. At issue are state-owned Vattenfall`s brown coal mines and plants in Germany, which it wants to offload to Czech firm EPH. That would go against UN climate deal struck in Paris, say critics, calling for the dirty fuel to be left in the ground. Olivia Linander of 350.org urged the ruling parties to "show they take the Paris Agreement seriously" by blocking the transaction....

Tags: sale test brown sweden

 

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