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Ono board decides to press ahead with IPO report
2014-02-12 09:12:00| Telecompaper Headlines
(Telecompaper) Spanish cable operator Ono's board of directors gave the green light to proceed with an IPO in a meeting held on 11 February, at the same time deferring a takeover approach from Vodafone, according to unnamed sources close to the matter cited by Reuters. In addition, the board agreed to call a shareholders meeting by mid-March because shareholders also need to approve the IPO. One source said the plan was to first carry out a capital increase of EUR 800 million and later sell existing shares for a total amount of at least EUR 200 million before listing immediately before Easter. That would give potential suitors such as Liberty Global and Vodafone, which is said to have offered around EUR 6.9 billion for the Spanish company, a timeframe of about four weeks before the IPO process starts. According to reports, Ono foresees a valuation of EUR 7 billion to EUR 8 billion, including debt, based on the price Liberty paid to buy Dutch cable operator Ziggo last month. However, sources with knowledge of the matter have said that any buyer could have to pay up to EUR 9 billion to convince Ono's owners to drop their plans for a stock market flotation.
Tags: report
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JSR Group Company JM Energy Decides To Construct High-Volume Production Plant For Lithium Ion Capacitors
2014-01-31 01:09:12| plantautomation News Articles
JSR Corporation is recently announce that JM Energy Corporation, a 100% JSR subsidiary focusing on lithium ion capacitors technology (LIC), has decided to expand its existing commercial operation with a high-volume production plant to meet the growing market demands
Tags: group
company
production
energy
Los Angeles board decides to move ahead with iPad push
2014-01-15 17:40:00| American School & University
Oversight panel had recommended buying thousands fewer of the tablet devices Schoolhouse Beat read more
Sony Decides to Keep Its Batteries
2013-12-31 10:32:14| Electronics - Topix.net
Sony Corp. has changed its mind about selling its lithium ion battery division, according to a report from the Nikkei newspaper seen by Reuters .
Time Warner Cable decides to keep NECN
2013-12-21 23:29:40| Telecom - Topix.net
In a reversal of a previous decision, Time Warner Cable has opted to continue carrying the New England Cable News channel.
Tags: time
cable
warner
decides
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