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Softbank Group to raise cash by selling shares in mobile unit, bringing stake down to 40%
2020-08-28 17:06:00| Telecompaper Headlines
(Telecompaper) As of 3 August, Softbank Group said it has sold or monetised JPY 4.3 trillion (almost USD 41 billion) worth of assets, as part of a programme announced in March to buy back shares and reduce debt for a total of JPY 4.5 trillion (almost USD 43 billion). Softbank Group said it will offer part of its holding in Softbank (mobile), for a total of 927.5 million shares. There will also be a greenshoe of 100.5 million more shares. The offer price will be determined on the pricing day.
Kinder Morgan Puts Final Unit at Elba Island LNG Export Plan in Service
2020-08-28 16:00:00| OGI
U.S. energy regulators on Aug. 27 granted Kinder Morgan's request to put in service the 10th and final liquefaction train at the company's nearly $2 billion Elba Island LNG export plant in Georgia.
Tags: service
plan
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Fears of second COVID-19 wave see SoftBank sell $12.5bn shares in telco unit
2020-08-28 02:00:00| Total Telecom industry news
As a group, SoftBank has been hit hard by the coronavirus pandemic. Many of their investments, such as into the hotel chain Oyo, have seen a dramatic loss in value during the crisis, leaving SoftBank in something of a crisis of its own. Back in March, CEO Masayoshi Son began a $41 billion programme of asset sales to help dramatically reduce its debt and buy back shares…read more on TotalTele.com »
Kinder Morgan: Last Unit at Elba Island LNG Plant Ready
2020-08-24 16:08:45| OGI
Company has asked regulators for the OK to put the final LNG train into service.
Tags: island
ready
unit
kinder
Orange brokers deal with Romanian govt to buy Telekom Romanias fixed unit
2020-08-20 02:00:00| Total Telecom industry news
The Romanian telecoms market is beginning to consolidate, driving up competition across its various markets. In 2019, Romania’s largest mobile operator, Vodafone Romania, acquired fixed-line operator UPC Romania…read more on TotalTele.com »
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