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Tag: stake
Brazil watchdog urges Telefonica to exit stake in TIM Brasil
2013-12-05 00:42:46| Telecom - Topix.net
Brazil antitrust watchdog Cade ruled on Wednesday that Spain's Telefonica SA must exit its direct and indirect stake in wireless carrier TIM Participacoes SA or seek a new partner for its Vivo mobile phone unit.
Hedge fund Hayman Capital takes stake in GM: source
2013-12-05 00:00:54| Automakers - Topix.net
Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker's stock could rise more than 40 percent over the next 12-18 months after the U.S. Treasury sells its stake in the company, a source familiar with investment said on Wednesday.
Tags: source
capital
takes
fund
FCC approves Verizon purchase of Vodafone stake in Verizon Wireless
2013-12-04 23:32:32| InfoWorld: Top News
The U.S. Federal Communications Commission has given its blessing to Verizon Communication's proposed $130 billion purchase of the stake that Vodafone Group has in Verizon Wireless. The FCC Wednesday approved a Verizon petition to allow the company to be more than 25 percent owned by foreign investors, with the Vodafone deal distributing Verizon shares to stockholders in the U.K. company. The FCC also approved the transfer of control of Vodafone's share to Verizon.
Tags: purchase
wireless
vodafone
verizon
SPX Corp to sell JV stake to Emerson Electric for $571 million
2013-12-04 15:53:30| Electronics - Topix.net
SPX, which makes food and beverage production equipment, electrical transformers, and cooling towers for power plants, said it expects the sale to close in the first quarter of 2014.
Tags: sell
million
electric
corp
Nilon's Enterprises mulls sale of 49% stake
2013-12-02 01:00:00| Food Processing Technology
Nilon's Enterprises, an Indian-based packaged food manufacturer, is looking at options to sell up to 49% to a strategic investor.
Tags: sale
enterprises
stake
mulls
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