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Home › stake

 

Tag: stake

France to sell stake in jet maker

2013-11-14 19:51:42| BBC News | Business | UK Edition

The French government is selling a stake in the jet engine maker Safran in a move that could raise up to $1.3bn.

Tags: france sell jet maker

Dan Loeb Reveals Stake in FedEx

2013-11-14 14:38:02| Air Courier - Topix.net

"Hedge fund manager Dan Loeb revealed a stake in FedEx Tuesday morning," notes CNNMoney , "adding that he likes the stock and the management of the company."

Tags: dan reveals stake fedex

Telecom Italia sells Telecom Argentina stake for USD 960 mln

2013-11-14 09:49:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has agreed to sell its entire stake in Telecom Argentina to Fintech Group for USD 960 million. The operator confirmed in a statement that Fintech would buy the Telecom Argentina shares held by its units Telecom Italia International, Sofora Telecomunicaciones, Nortel Inversora and Tierra Argentea. The company added that USD 100.5 million of the total corresponds to additional agreements related to the transaction, including an agreement to continue providing the Telecom Argentina companies technical support and other services for up to three years.

Tags: italia argentina usd telecom

Tigo to buy ETB's stake in Colombia Movil for USD 240 mln

2013-11-14 08:45:00| Telecompaper Headlines

(Telecompaper) Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) has agreed to sell its 24.99 percent stake in Colombia Movil to Tigo for COP 463.8 billion (approximately USD 240 million). ETB plans to use the net proceeds from the sale to launch 4G services. Back in June, ETB in partnership with Colombia Movil, acquired 30Mhz of AWS spectrum for provision of 4G services across Colombia. Following the completion of the transaction, ETB will keep 50 percent of this spectrum, El Espectador reports.

Tags: buy usd colombia stake

Telecom Italia agrees to sell Telecom Argentina stake

2013-11-14 01:00:00| Total Telecom industry news

$960 million deal with Fintech Group to help Italian incumbent pay off part of its huge debt.

Tags: sell italia argentina telecom

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