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Tag: bids
Angolan, French bids target Portugal Telecom
2014-11-10 13:25:22| Telecom - Topix.net
A battle has started for control of Portugal Telecom, with an Angolan takeover bid countering a French company's offer. The Lisbon stock exchange on Monday suspended trading in shares of Portugal Telecom SGPS SA after a 1.2 billion euro bid from Terra Peregrin, a Lisbon-based company wholly owned by Isabel dos Santos, a businesswoman and daughter of longtime Angolan President Jose Eduardo dos Santos.
Tags: french
target
portugal
telecom
Angolan, French bids target Portugal Telecom
2014-11-10 13:07:40| IT Services - Topix.net
A battle has started for control of Portugal Telecom, with an Angolan takeover bid countering a French company's offer. The Lisbon stock exchange on Monday suspended trading in shares of Portugal Telecom SGPS SA after a 1.2 billion euro bid from Terra Peregrin, a Lisbon-based company wholly owned by Isabel dos Santos, a businesswoman and daughter of longtime Angolan President Jose Eduardo dos Santos.
Tags: french
target
portugal
telecom
Fashion world bids farewell to designer Oscar de la Renta
2014-11-04 05:00:11| Apparel - Topix.net
Annette de la Renta, wife of late fashion designer Oscar de la Renta and Moises de la Renta depart a memorial service for the designer in New York, November 3, 2014. Annette de la Renta, wife of late fashion designer Oscar de la Renta and Moises de la Renta depart a memorial service for the designer in New York, November 3, 2014.
Tags: world
fashion
designer
oscar
Altice bids over EUR 7 billion for PT Portugal
2014-11-03 08:30:00| Telecompaper Headlines
(Telecompaper) Altice has made a binding offer to acquire the Portuguese assets of Portugal Telecom from Oi for EUR 7.025 billion. The offer excludes PT's assets in Africa and the Rio Forte debt securities, Oi treasury shares and Portugal Telecom financing companies. Altice said the bid gives PT Portugal an enterprise value of EUR 7.025 billion on a cash- and debt-free basis. It includes a EUR 400 million earn-out related to the future revenue generation of Portugal Telecom and a EUR 400 million earn-out based on future operating free cash flow (EBITDA less capex). If accepted, the bid would be financed by new debt and existing cash from Altice. Altice is already active in Portugal through the cable operator Cabovisao. Oi has been looking to sell the PT assets in order to reduce debt and give it the financial flexibility to participate in consolidation underway in its home market Brazil.
ABF Freight asks contractors for bids on Memphis expansion
2014-10-24 13:56:16| Trucking - Topix.net
ABF Freight is planning to move its Little Rock, Arkansas, hub to Memphis, which could create as many as 400 jobs. ABF Freight System Inc. has asked three contractors, including one in Memphis, to bid on the $20.5 million expansion of its local terminal, sources say.
Tags: expansion
bids
contractors
asks
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