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Tag: unit
Hutchison Acquires Telefonica's Irish Unit for $1.1 Billion
2013-06-24 23:55:43| Telecom - Topix.net
Billionaire Li Ka-shing's Hutchison Whampoa Ltd. agreed to buy Telefonica SA's Irish unit for as much as 850 million euros , a year after failing to take over Ireland's former phone monopoly Eircom Group.
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irish
acquires
Telefonica sells Irish unit 02
2013-06-24 15:36:31| Telecom - Topix.net
Spanish telecommunications company Telefonica says it has sold its Irish division, 02, to Hutchison Whampoa in a bid to reduce debt.
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irish
sells
telefonica
Aerofloat 3500 Dissolved Air Floatation Unit
2013-06-24 14:56:00| Food Processing Technology
The Aerofloat 3500 is a small dissolved air floatation (DAF) product that is suitable for a wide range of wastewater treatment applications.
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unit
dissolved
floatation
TransDigm Group acquires GE Aviation unit
2013-06-24 14:48:54| Logistics - Topix.net
TransDigm Group Inc., a Cleveland-based aircraft parts maker, has acquired GE Aviation's electromechanical actuation division for $150 million, the Cincinnati Business Courier reports .
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unit
aviation
acquires
Telefonica sells Irish unit O2 to 3 Ireland for EUR 850 mln
2013-06-24 10:06:00| Telecompaper Headlines
(Telecompaper) Telefonica has agreed to sell its operating business in Ireland to 3 Ireland, owned by Hutchison Whampoa. The total consideration for the acquisition is EUR 850 million, with EUR 780 million in cash payable on completion and a further additional deferred payment of EUR 70 million dependent upon achievement of agreed financial objectives. The takeover of its bigger rival takes 3 to the number two position on the Irish market, with an estimated market share of 37.5 percent, with over 2 million active customers. The combined operators had pro forma revenues of EUR 803 million in 2012, compared to just EUR 174 million for 3 alone. 3 said the deal will give it the strength to challenge Vodafone for the number one position on the market.
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