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America Movil mulling sale of stake in KPN

2017-11-17 14:26:00| Telecompaper Headlines

(Telecompaper) America Movil may consider selling its 21.4 percent stake in KPN after receiving interest from a number of parties, Reuters reported. CFO Carlos Garcia Morena said the company had in the past already received expressions of interest and that these were coming in again. Moreno made the statement to to investors at the Morgan Stanley TMT conference in Barcelona.

Tags: sale america stake movil

 

Taubman Centers Climbs After Elliott Is Said to Build Stake

2017-11-14 22:10:37| National Real Estate Investor

Elliott has held discussions with the company and is urging it to explore being taken private, among other options, sources report.

Tags: to build centers stake

 
 

Namibian telecoms watchdog blocks MTC stake sale to state ahead of postal holding dismantling

2017-11-13 10:22:00| Telecompaper Headlines

(Telecompaper) The Communications Regulatory Authority of Namibia (CRAN) has blocked a plan by the government to buy 34 percent of mobile operator MTC in a deal worth over NAD 3 billion, The Namibian reported. The government already owns 66 percent of MTC through Namibia Post and Telecommunications Holdings (NPTH), while 34 percent belongs to Portugal Telecom. In 2016, the cabinet approved a plan for NPTH to buy Portugal Telecom's 34 percent shareholding, worth over NAD 3 billion, using money from the Government Institutions Pension Fund (GIPF). 

Tags: state sale holding ahead

 

Loeb's Third Point Is Said to Take Stake in Macerich REIT

2017-11-10 18:12:47| National Real Estate Investor

The New York-based hedge fund owns almost 5 percent of the REIT and is expected to agitate for change at the company, which could include a potential sale.

Tags: point stake reit macerich

 

Shandong Ruyi buys controlling stake in Trinity

2017-11-10 12:24:00| Daily apparel & textile news and comment - from just-style.com

Chinese textile major Shandong Ruyi has bought a controlling stake in Hong Kong menswear group Trinity, the owner of bespoke suit maker Gieves & Hawkes.

Tags: controlling buys stake trinity

 

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