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Ralph Lauren takes stake in upcycled fibre start-up

2020-08-13 18:35:00| Daily apparel & textile news and comment - from just-style.com

Ralph Lauren Corporation has invested in a sustainable material science startup which works to turn plant-based, upcycled fibres - such as cotton waste - into high-performance materials.

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Brookfield in Talks to Buy Chenieres Stake from Blackstone

2020-08-12 15:16:36| OGI

The infrastructure arm of Brookfield Asset Management Inc. is in talks to buy Blackstone Group Inc.s minority stake in Cheniere Energy Partners, Bloomberg News reported on Aug. 11, citing people familiar with the matter.

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KKR offers TIM 1.8bn for minority stake in last mile grid

2020-08-03 02:00:00| Total Telecom industry news

The Italian government has long been hungry for TIM to consolidate its fibre business with that of state-owned Open Fiber, a move which would greatly increase efficiencies throughout the country. TIM, however, has been reluctant to do so and has repeatedly resisted government pressure…read more on TotalTele.com »

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Toyota to take 10% stake in electric drive maker BluE Nexus; new joint sales structure

2020-07-31 13:55:36| Green Car Congress

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TIM board to discuss KKR bid for stake in last-mile network

2020-07-31 12:04:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has confirmed the receipt of a binding offer from US private equity fund KKR for a minority stake in its landline (copper and fibre) network. In a brief statement, TIM said its board will discuss the bid in its 04 August meeting and subsequently provide details of the potential transaction. KKR has been in exclusive talks with TIM since February and has reportedly offered EUR 1.8 billion for a 38 percent stake in the FiberCop newco set up by the former incumbent for its last-mile network.

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