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Tag: stake
Bidder preparing USD 1.1 bln bid for Telecom Argentina stake
2016-02-29 08:37:00| Telecompaper Headlines
(Telecompaper) Argentine businessman Carlos Newbery is preparing to make a bid for Telecom Italia's stake in Telecom Argentina, reports Bloomberg, adding that Newbury is ready to offer 10 percent more than US-backed investment fund Fintech. "The valuation and potential of the company is higher than what has been offered and we are ready to improve it up to USD 1.1 billion," Newbery told Bloomberg. Although Telecom Italia reached a deal back in 2013 to sell its 68 percent controlling stake in Telecom Argentina holding company Sofora to Fintech for USD 960 million, it has so far only been able to divest an initial 17 percent share.
Tags: argentina
usd
bid
telecom
Sumitomo to acquire a minority stake in Cosan Biomassa
2016-02-29 01:00:00| Power Technology
Sumitomo has agreed to acquire a 20% stake in Cosan Biomassa, a Brazilian producer of sugarcane pellets for power generation.
Tags: acquire
minority
stake
sumitomo
MX Oil to sell stake in Aje field, offshore Nigeria
2016-02-29 01:00:00| Offshore Technology
MX Oil has signed an agreement to sell its investment in the Aje field offshore Nigeria to GEC Petroleum Development (GPDC), a wholly owned E&P subsidiary of Global Energy.
Janus Capital Management Has $27,663,000 Stake in Mylan NV
2016-02-28 16:41:06| Biotech - Topix.net
Janus Capital Management raised its stake in Mylan NV by 1,608.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 687,099 shares of the company's stock after buying an additional 646,874 shares during the period.
Tags: management
capital
nv
stake
Acadian Asset Management Increases Stake in Cirrus Logic, Inc.
2016-02-28 15:57:14| Semiconductors - Topix.net
Acadian Asset Management boosted its stake in Cirrus Logic, Inc. by 118.0% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 71,843 shares of the company's stock after buying an additional 38,880 shares during the period.
Tags: inc
management
increases
logic
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