Home billion
 

Keywords :   


Tag: billion

The $320 Billion Bogey Needed to Placate U.S. Stock Market Bulls

2015-04-20 08:35:35| Biotech - Topix.net

An image of Mark Zuckerberg, CEO of Facebook Inc., left, with Robert Greifeld, CEO of Nasdaq OMX Group Inc., right, remotely ringing the opening bell for trading is projected on a screen at the Nasdaq MarketSite in New York on May 18, 2012. Photographer: Peter Foley/Bloomberg Few have benefited more from the U.S. bull market that started in 2009 than technology companies, and none are being counted on more by investors to deliver the earnings needed to keep it going.

Tags: market stock needed billion

 

Telenet buys Base for EUR 1.325 billion

2015-04-20 08:33:00| Telecompaper Headlines

(Telecompaper) Belgian cable operator Telenet has agreed to acquire the mobile operator Base from KPN for EUR 1.325 billion. The sale price is equal to 8.9 times Base's EBITDA last year. Telenet is already a successful MVNO in Belgium and with Base acquires its own mobile network infrastructure and the number-three spot on the Belgian mobile market. Base has around 3.3 million customers, good for 21 percent of the market at the end of 2014. Telenet said it will raise around EUR 1 billion in debt to help finance the takeover as well as invest EUR 240 million in Base in the coming years. The company expects to realise around EUR 150 million in annual synergies from the takeover, thanks to savings on operational costs and investments and migrating its mobile customers to the Base network. For KPN, the sale marks the end of its international activities and the company will now focus exclusively on its home market the Netherlands. 

Tags: base eur billion buys

 
 

UPDATE 1-Prologis to buy KTR Capital for $5.9 billion

2015-04-20 05:20:52| Real Estate - Topix.net

Prologis Inc, which owns warehouses and retail-distribution centers, said on Sunday it would acquire the real estate assets and operating platform of closely held KTR Capital Partners and its affiliates for $5.9 billion. The assets consist of KTR's three co-investment funds and will be part of Prologis U.S. Logistics Venture, a joint partnership with Norges Bank Investment Management, according to a press statement.

Tags: buy update capital billion

 

Merck aims to quickly repay up to $5 billion in loans - CFO in Boersen-Zeitung

2015-04-18 20:49:36| Chemicals - Topix.net

Germany's Merck aims to quickly repay the up to $5 billion in bank loans it needed to fund the $17 billion acquisition of U.S. lab supplies company Sigma-Aldrich , its finance chief told daily Boersen-Zeitung. "We want to reduce the loans very aggressively within two to three years to stabilise our credit rating and to regain financial leeway for further acquisitions," Marcus Kuhnert told the paper in an interview published on Saturday.

Tags: in quickly loans billion

 

Ford to spend $2.5 billion on plants in Mexico, angering UAW

2015-04-18 08:34:40| Automakers - Topix.net

Ford Motor Co said on Friday it will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The United Auto Workers union, in response, said putting jobs in Mexico rather than the United States will be a major issue at its upcoming U.S. labor talks with Ford, General Motors Co and Fiat Chrysler Automobiles.

Tags: mexico spend ford plants

 

Sites : [415] [416] [417] [418] [419] [420] [421] [422] [423] [424] [425] [426] [427] [428] [429] [430] [431] [432] [433] [434] next »