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Nokia may drop Here sale if price not right
2015-05-25 09:01:00| Telecompaper Headlines
(Telecompaper) Nokia may not sell its Here mapping unit if it doesn't attract the right price, according to Nokia CEO Rajeev Suri. In an interview with European Communications, he confirmed that the subsidiary has attracted "significant interest", but would not say who the bidders are. He did say that the quality of the bids is better than expected, but adds: "Let's give it more time We may not end up selling it if we don't get the right value." Suri confirmed the company's focus going forward will be networks. He also discussed integration plans for the planned merger with Alcatel-Lucent, saying Alcatel's submarine cable business will not be part of the new company. It will likely be sold or spun off as part of the merger with Nokia, Suri said. Nokia as the acquiring company will take the lead in the integration process with Alcatel-Lucent, which Suri expects to move quickly in the first 100 days. Nokia's "corporate culture, headquarters and values" will be implemented across the merged group, he said, noting a mistake was made at Nokia Siemens Networks to try and work with both the Nokia and Siemens' cultures.
Last call for MeadWestvaco, as sale to Rock-Tenn nears
2015-05-24 15:08:54| Paper - Topix.net
MeadWestvaco, ticker symbol MWV, will be changing its name to WestRock Co. after the Rock-Tenn deal is finalized next month.
Last call for MeadWestvaco, as sale to Rock-Tenn nears
2015-05-24 14:55:33| Industrial Machines - Topix.net
MeadWestvaco, ticker symbol MWV, will be changing its name to WestRock Co. after the Rock-Tenn deal is finalized next month.
Artist cries foul over sale of CWG vehicles
2015-05-22 04:10:14| Auto Dealers - Topix.net
Jennifer Pighin with the medal she designed for the 2015 Canada Winter Games in February. She is now taking the Canada Winter Games and three local car dealerships to small claims court over a dispute about images she created for the Games.
Tags: sale
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Idea mulls 1.1bn towers sale
2015-05-22 02:00:00| Total Telecom industry news
Indian operator reportedly draws interest from three suitors including American Tower.
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