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Eutelsat looking to sell stake in Spain's Hispasat

2016-07-13 08:31:00| Telecompaper Headlines

(Telecompaper) Eutelsat announced that it has initiated the process of divesting its 33.69 percent stake in Spanish satellite operator Hispasat by exercising the put option granted in 2008 by Hispasat's majority shareholder, the Abertis Group. Under the terms of the put option agreement, the value of the Hispasat stake will be determined by an independent expert, said Eutelsat in a statement. However, Abertis subsequently replied that the process initiated by Eutelsat is not valid and that the company doesn't recognise the put option under which Abertis would have to buy the stake.

Tags: sell stake eutelsat spains

 

Oi shareholder ups stake, calls for board overhaul

2016-07-13 02:00:00| Total Telecom industry news

Investor says Brazilian telco's board not equipped to face current challenges.

Tags: board ups calls stake

 
 

Golden Wing Mau builds up 20% stake in New Zealand fruit producer T&G Global

2016-07-13 01:00:00| Food Processing Technology

Chinese fruit exporter Golden Wing Mau Agricultural Produce has acquired a 19.99% stake in New-Zealand-based T&G Global.

Tags: global golden zealand fruit

 

Nordstrom cuts supply chain complexity with Dsco stake

2016-07-12 13:06:07| Daily apparel & textile news and comment - from just-style.com

US upscale fashion retailer Nordstrom is hoping to reduce supply chain complexity with the acquisition of a minority stake in software group DropShip Commerce (DS Co) and its Dsco platform.

Tags: supply chain supply chain complexity

 

Southern Company to acquire 50% stake in Kinder Morgans SNG pipeline for $1.47bn

2016-07-12 01:00:00| Hydrocarbons Technology

Southern Company has signed an agreement to acquire a 50% stake in US-based Kinder Morgans southern natural gas (SNG) pipeline system for $1.47bn.

Tags: company southern kinder acquire

 

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