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German spectrum auction yield passes EUR 3 billion
2015-06-11 09:32:00| Telecompaper Headlines
(Telecompaper) The German multi spectrum auction has past EUR 3 billion in bids on 11 June of this year during 106th round of bidding, according information posted to the website of German network regulator BNA after each round. At the end of day nine of the auction with a total of 109 rounds of bidding the yield reaches EUR 3.079 billion. Telekom Deutschland has bid EUR 1.154 billion, Vodafone Germany has made bids with a value of EUR 1.089 billion and Telefonica Germany has bid EUR 836 million. Bidding for 1800 MHz spectrum and 1500 MHz spectrum has been continuous while bidding for 700 MHz spectrum stopped after the first round with all operators bidding for 2 blocks of 2x5 MHz.
Tags: eur
german
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billion
Hedge fund, Samsung Group locked in fight over $8 billion merger
2015-06-11 06:54:54| Chemicals - Topix.net
U.S. activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate. Elliott said it had filed its second injunction with a South Korean court, this time to stop builder Samsung C&T Corp from selling treasury shares amounting to a 5.8 percent stake to KCC Corp in a bid to gain KCC's support for the proposed all-share takeover offer from Cheil Industries Inc. In a statement, Samsung C&T said the sale would defend shareholders against "an attack from a foreign hedge fund intended for a short-term trading profit".
Tags: group
samsung
fight
fund
Hedge fund, Samsung Group locked in fight over $8 billion merger
2015-06-11 05:18:11| Semiconductors - Topix.net
U.S. activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate. Elliott said it had filed its second injunction with a South Korean court, this time to stop builder Samsung C&T Corp from selling treasury shares amounting to a 5.8 percent stake to KCC Corp in a bid to gain KCC's support for the proposed all-share takeover offer from Cheil Industries Inc. In a statement, Samsung C&T said the sale would defend shareholders against "an attack from a foreign hedge fund intended for a short-term trading profit".
Tags: group
samsung
fight
fund
Hedge fund, Samsung Group locked in fight over $8 billion merger
2015-06-11 05:12:52| Electronics - Topix.net
U.S. activist hedge fund Elliott filed another injunction to block a proposed $8 billion merger of two key Samsung Group companies, escalating a conflict over a deal seen key to leadership transfer at South Korea's top conglomerate. Elliott said it had filed its second injunction with a South Korean court, this time to stop builder Samsung C&T Corp from selling treasury shares amounting to a 5.8 percent stake to KCC Corp in a bid to gain KCC's support for the proposed all-share takeover offer from Cheil Industries Inc. In a statement, Samsung C&T said the sale would defend shareholders against "an attack from a foreign hedge fund intended for a short-term trading profit".
Tags: group
samsung
fight
fund
Koch Industries doled out more than $5.3 billion in direct pay in 2014
2015-06-10 20:25:10| Oil & Gas - Topix.net
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