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Sinch raises SEK 3.3 bln in share sale, Softbank takes 10% stake
2020-12-01 12:35:00| Telecompaper Headlines
(Telecompaper) Swedish provider of cloud communications for mobile customer engagement Sinch said Softbank subsidiary SB Management will own approximately 10.1 percent of the company following a share issue and sell-down by larger shareholders of existing stock. Proceeds from the issue will be used to support potential acquisitions, a strategy that has the backing of SB Management.
Xiaomi to pounce on Huawei market share with $4bn share sale
2020-12-01 01:00:00| Total Telecom industry news
Today, reports suggest that Chinese smartphone maker Xiaomi is poised to sell 1 billion shares in an effort to raise $3.2 billion, with a further $855 million to be generated from a seven-year, zero-coupon convertible bond. In total, the company is aiming to raise around $4 billion to expand its operations, particularly in order to capitalise on the continuous international pressure of their domestic rival Huawei…read more on TotalTele.com »
Tags: share
sale
market
market share
Diageo's United Spirits halts Tern Distilleries sale after payment falls through
2020-11-30 13:45:00| Daily beverage news and comment - from just-drinks.com
Diageo's United Spirits division in India has cancelled the sale of Tern Distilleries after payment for the subsidiary failed to materialise.
Tags: through
united
sale
payment
Exxon Mobil Scraps Potential Multibillion-dollar Asset Sale in Australia
2020-11-30 11:25:00| OGI
The decision by U.S. oil major Exxon Mobil comes just six weeks after the deadline for indicative bids for the portfolio set by adviser JPMorgan.
Tags: sale
australia
potential
mobil
Adidas "coy" on Reebok sale rumours
2020-11-26 12:43:00| Daily apparel & textile news and comment - from just-style.com
Adidas has refused to be drawn into speculation it has appointed investment firm JP Morgan to weigh a sale of Reebok.
Tags: sale
adidas
reebok
rumours
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