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Tag: billion
Magna revenue up 13% to US$8.3 billion in Q3 2013
2013-11-05 19:43:00| Canadian Plastics Headlines
Automotive parts maker Magna International reported stronger-than-expected third-quarter results amid strong growth in North American vehicle production and a modest improvement in Europe.
Tags: revenue
billion
magna
q3
Ukraine signs $10 billion shale deal with Chevron
2013-11-05 14:40:46| Oil & Gas - Topix.net
"It's been signed," Energy Minister Eduard Stavytsky told journalists, referring to a deal for exploration and extraction of shale gas at the Olesska field in western Ukraine.
Tags: deal
signs
ukraine
billion
Telefonica sells Czech operator to PPF for EUR 2.5 billion
2013-11-05 09:35:00| Telecompaper Headlines
(Telecompaper) Telefonica has agreed to sell a majority stake in Telefonica Czech Republic to the private equity firm PPF. For the 65.9 percent stake, which includes also Telefonica Slovakia, PPF will pay EUR 2.467 billion (CZK 63.6 billion). This includes an initial payment of EUR 2.063 billion and EUR 404 million over the next four years. Telefonica will also receive a dividend of EUR 260 million from the Czech operator before the deal closes and maintain a 4.9 percent equity stake in the company. As part of an industrial and commercial partnership with the new owner, Telefonica Czech Republic will be renamed but continue to have rights to the O2 brand for four years. In addition, the company will become part of Telefonica's Business Partners Program. Telefonica said it will use the proceeds of the sale to reduce debt and realise a capital loss of EUR 56 million on the transation in Q3.
Tags: eur
czech
operator
billion
Janssen Agrees to $1.6 Billion Guilty Plea for Risperdal Allegations
2013-11-05 08:26:25| Biotech - Topix.net
The U.S. Department of Justice announced today a whopping $400 million criminal fine in addition to a $1.25 billion civil settlement against Janssen Pharmaceuticals of Titusville, N.J. for introducing a misbranded drug, Risperdal .
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guilty
agrees
allegations
New NanoMarkets Report Says Smart Coatings Market to Reach $3 billion by 2018
2013-11-05 06:00:00| Coatings World Breaking News
Tags: report
market
reach
smart
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