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Tag: stake
Chiquita Brands International Inc (CQB): Mario Gabelli Reports Increased Stake as Company is Acquired
2015-01-07 03:23:39| Agriculture - Topix.net
GAMCO Investors , a fund managed by Mario Gabelli has disclosed raising the activist stake in Chiquita Brands International Inc , a company that has been recently taken over. According to a filing with the Securities and Exchange Commission, GAMCO, together with Gabelli Funds and GSI hold a total of 4.43 million shares of the company, up from 3.84 million shares disclosed in an earlier filing.
Tags: is
international
company
reports
PKP Cargo to acquire majority stake in rail freight operator AWT
2015-01-06 01:00:00| Railway Technology
Poland-based PKP Cargo has entered an agreement to acquire 80% interest in Advanced World Transport (AWT) for approximately 103.2m.
Tags: majority
operator
cargo
acquire
DOCOMO requests arbitration for Tata Teleservices stake
2015-01-05 13:20:20| Wireless - Topix.net
DOCOMO had exercises its option on July 7, 2014, to request that a suitable buyer be found to purchase its Tata Teleservices shares As per the April 25 statement by DoCoMo, as part of the original agreement, Tatas would pay a minimum of Rs 7,250 crore to DoCoMo. NTT DOCOMO Inc said over the weekend, it has submitted a request for an artibitration with Tata Sons in connection with it exercising its options to sell its stake in Tata Teleservices.
Tags: requests
stake
tata
arbitration
Docomo files for arbitration in Tata Teleservices stake sale
2015-01-05 10:55:00| Telecompaper Headlines
(Telecompaper) Japanese mobile operator NTT Docomo has submitted a request before the London Court of International Arbitration for arbitration with Tata Sons, Tata Group's holding company, pursuant to the shareholders agreement regarding the exercise of Docomo's option to sell its stake in Indian operator Tata Teleservices (TTSL). Under the terms of the shareholder agreement between Docomo, TTSL and Tata Sons, Docomo exercised on 7 July 2014 its right to request that a suitable buyer be found to purchase its TTSL shares for 50 percent of the acquired price, amounting to INR 72.5 billion (approximately JPY 125.4 billion), or a fair market price, whichever is higher. Pursuant to the shareholders agreement, Docomo submitted its request for arbitration to ensure that its right be exercised after Tata Sons failed to fulfill its obligation, despite Docomo's repeated negotiations with Tata Sons regarding the sale of its entire stake in TTSL.
DOCOMO requests arbitration for Tata Teleservices stake
2015-01-05 10:11:16| Telecom - Topix.net
DOCOMO had exercises its option on July 7, 2014, to request that a suitable buyer be found to purchase its Tata Teleservices shares As per the April 25 statement by DoCoMo, as part of the original agreement, Tatas would pay a minimum of Rs 7,250 crore to DoCoMo. NTT DOCOMO Inc said over the weekend, it has submitted a request for an artibitration with Tata Sons in connection with it exercising its options to sell its stake in Tata Teleservices.
Tags: requests
stake
tata
arbitration
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