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Tag: exits
UK: Coupe takes helm as King exits Sainsbury's
2014-01-29 10:55:00| Daily apparel & textile news and comment - from just-style.com
Sainsbury's chief executive Justin King will leave the UK supermarket group this summer when current commercial director Mike Coupe will take the helm at the firm.
Sawiris interested in Telecom Italia if Telefonica exits
2014-01-27 10:03:00| Telecompaper Headlines
(Telecompaper) Egyptian tycoon Naguib Sawiris would be prepared to invest in Telecom Italia on condition that the operator's largest shareholder, Telefonica, withdraws, reports Bloomberg, citing comments made by Sawiris in an interview. "I am still interested in Telecom Italia but only on two conditions: that Telefonica exits and that Telecom Italia does not sell Brazil," he said. Last year Sawiris made an unsuccessful offer to acquire a stake in the Italian operator for at least EUR 2 billion, but in the interview he declined to discuss how much he is willing to invest. However, he did add that "from a financial point of view, Telecom Italia still needs a massive EUR 3 to 4 billion capital increase." The Egyptian billionaire, who runs Orascom Telecom, made it clear that, in his opinion, Telecom Italia should hold onto its stake in TIM Brasil. "I think it's not good for Telecom Italia to dispose its stake in TIM Brasil," he said. "It does not make any sense to me, because it will reduce the carrier to a regional company only focused on Italy".
Tags: interested
italia
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exits
Brocade exits network adapter business
2014-01-21 20:41:29| InfoWorld: Top News
Brocade late last week said it has sold its network adapter business to QLogic to better focus on data center fabrics and software defined networking.
Tags: business
network
adapter
exits
Revlon Exits China
2014-01-07 16:00:00| Happi Breaking News
Once thriving market is now a tough slog.
FRANCE: Comptoir des Cotonniers creative director exits
2013-12-19 15:35:00| Daily apparel & textile news and comment - from just-style.com
French clothing brand Comptoir des Cotonniers today (19 December) confirmed that creative director Amélie Gillier has left the company.
Tags: des
france
director
creative
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