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Vodafone eyes Metroweb stake

2014-11-07 01:00:00| Total Telecom industry news

U.K.-based telco giant becomes second player to reportedly show interest in Italian fibre operator.

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Agrium agrees to take equity stake in CH Biotech R&D

2014-11-06 21:32:37| Chemicals - Topix.net

Agrium Inc., through its subsidiary Loveland Products, Inc., and CH Biotech R&D Co., Ltd., an agricultural technology company that develops and markets plant health and nutrition technologies, announced that Loveland Products has signed a definitive agreement to take an equity stake in CH Biotech. Under the terms of the agreement, Agrium will have the right to obtain exclusive, worldwide distribution rights to CH Biotech's existing plant health technologies as well as access to new product and technology opportunities.

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UPDATE 1-Finland to sell 2.3 pct stake in TeliaSonera

2014-11-06 10:53:00| IT Services - Topix.net

Finnish government's investment arm Solidium said on Wednesday it would sell 100 million shares, or a stake of 2.3 percent, in Swedish mobile operator TeliaSonera in a move to raise funds from state holdings to curb public debt. The move comes after Finnish minister in charge of the sales last month told Reuters the government aims to raise more than 1 billion euros from Solidium.

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Vodafone also interested in Metroweb stake report

2014-11-06 10:22:00| Telecompaper Headlines

(Telecompaper) Vodafone has joined the competition for a stake in Milan-based broadband provider Metroweb, according to unnamed sources cited by the Ansa news agency. The report suggests that Vodafone may be interested in bidding for the 54 percent stake in holding company Metroweb Italia owned by infrastructure fund F2i. Last month Telecom Italia confirmed that CEO Marco Patuano had been given a mandate to make an offer for Metroweb, a possibility that was welcomed at the time by Metroweb CEO Alberto Trondoli, who said the transaction would make "great sense, especially from an industrial standpoint". Vodafone already offers a 300 Mbps broadband service over Metroweb's fibre-optic network in Milan and has plans to expand the service to another 30 Italian cities, starting with Bologna. Metroweb is 87 percent controlled by Metroweb Italia, 54 percent of which is in the hands of F2i, with state-backed holding company Cassa Depositi e Prestiti (CDP) owning 46 percent and Italian broadband operator Fastweb retaining an 11 percent stake.

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Abengoa to buy BrightSources stake in California power project

2014-11-05 01:00:00| Power Technology

Spanish solar-thermal power developer Abengoa has agreed to acquire BrightSource Energy's stake in the Palen Solar Energy Generating Station (PSEGS) project.

Tags: buy power project california

 

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