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Tag: stake
Deloitte to probe Telenor's Vimpelcom stake
2015-11-05 01:00:00| Total Telecom industry news
External review to look at Norwegian telco's governance structure, board's conduct regarding Vimpelcom's Uzbek investment.
Tags: probe
stake
deloitte
telenors
Fonterra sells 9% stake in Australian firm Bega Cheese
2015-11-02 01:00:00| Food Processing Technology
New Zealand-based dairy cooperative Fonterra has sold their 9% stake in Australia-based Bega Cheese.
Tags: firm
australian
cheese
sells
Niel ups Telecom Italia stake to 15.1%
2015-10-30 09:06:00| Telecompaper Headlines
(Telecompaper) French billionaire Xavier Niel, founder of internet provider Iliad, has increased his holding in Telecom Italia to the equivalent of a 15.1 percent voting stake, according to a filing with Italian markets regulator Consob. Just a day after it emerged that Niel had an 11.2 percent holding in the Italian company, the latest Consob filing indicates that on 27 October the stake was increased to 15.1 percent via call option contracts and other long positions. Niel is now the second-largest shareholder in Telecom Italia behind French media conglomerate Vivendi, led by another French billionaire, Vincent Bollore, which earlier this week boosted in Telecom Italia to just over 20 percent of the company's ordinary shares. Although a 25 percent holding requires a mandatory takeover offer under Italian market rules, Telecom Italia CEO Marco Patuano sought to play down press reports about the increasing French presence in the Italian operator. "It doesn't strike me as financial speculation. I can't say if the two parties are working together or as rivals but don't think there's a liaison," he said.
Tags: italia
ups
telecom
stake
Niel becomes Telecom Italia's number two shareholder with 15% stake
2015-10-30 01:00:00| Total Telecom industry news
French entrepreneur increases his holding in Italian incumbent via call options and other long positions, Consob says.
Tags: with
number
telecom
stake
Statoil acquires 35% stake in South Africas offshore Tugela South
2015-10-30 01:00:00| Offshore Technology
Statoil has completed a farm-in deal by acquiring a 35% interest in the ER 12/3/154 Tugela South Exploration Right from ExxonMobil Exploration and Production South Africa.
Tags: south
offshore
stake
acquires
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