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MTN sells Cyprus unit to Monaco Telecom for EUR 260 mln

2018-07-16 11:01:00| Telecompaper Headlines

(Telecompaper) MTN Group has agreed to sell its Cyprus unit to Monaco Telecom for about EUR 260 million. MTN Cyprus is MTN's only operating business in the EU, and was acquired as part of MTN Group's acquisition of telecoms holding company Investcom in 2006. It falls outside the group's core footprint of Africa and the Middle East.

Tags: eur unit telecom monaco

 

MTN Group spins off Cypriot business unit for 260m

2018-07-16 02:00:00| Total Telecom industry news

South African based global telco, MTN Group, has sold its operations in Cyprus, according to reports in the local press. The deal is believed to be worth €260m. Last year…read more on TotalTele.com »

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Distell Group selects Camus unit for Scotch distribution in China

2018-07-09 12:52:00| Daily beverage news and comment - from just-drinks.com

South Africa's Distell Group has announced a distribution tie-up with Camus subsidiary Yuanliu Int'l Trade Co to handle three of its Scotch whisky brands in China.

Tags: group china distribution unit

 

Deutsche Bank's US unit fails Fed's stress test

2018-06-29 00:44:07| BBC News | Business | UK Edition

The Federal Reserve points to "widespread and critical deficiencies" at the German bank's US division.

Tags: test unit stress deutsche

 

Brookfield Is Said to Explore a Sale of Industrial-Property Unit

2018-06-07 20:26:41| National Real Estate Investor

The Canadian investment firm has interviewed banks to advise it on a sale of the company, which could fetch $5 billion.

Tags: sale unit explore brookfield

 

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