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Tag: caribbean
Liberty Global creates tracking stock for LatAm, Caribbean
2014-10-23 09:16:00| Telecompaper Headlines
(Telecompaper) Cable group Liberty Global has decided to establish a tracking stock for its operations in Latin America and the Caribbean (the LiLAC Group) in order to highlight the value of its operations in the region and create attractive "pure-play" equities for investors. Liberty CEO Mike Fries said the structure will also give the advantages of doing business as a single company, leveraging group synergies and economies of scale. The LiLAC Group will initially have attributed to it Liberty Global's 100 percent stake in VTR GlobalCom and VTR Wireless, as well as its 60 percent stake in Liberty Cablevision of Puerto Rico. Record Liberty Global stockholders will receive one LiLAC Group share for every 20 shares held. Liberty Global expects that the LiLAC tracking shares will trade under the symbols "LILA," "LILAB" and "LILAK" on the NASDAQ Global Select Market. All of Liberty Global's businesses not attributed to the LiLAC Group will be attributed to the Liberty Global Group, whose shares will continue to trade under its current "LBTYA," "LBTYB" and "LBTYK" symbols on on the NASDAQ Global Select Market. The entire process is expected to take five months, pending regulatory approval, including that of the Securities and Exchange Commission (SEC) and shareholder approval There will be no change in the business management of the different operations.
Tags: stock
global
tracking
creates
Royal Caribbean starts construction on third Quantum-class cruise ship
2014-09-22 01:00:00| Ship Technology
Royal Caribbean International has officially marked the start of construction on its third Quantum-class cruise ship with the steel cutting ceremony held at Meyer Werft shipyard in Papenburg, Germany.
Tags: construction
ship
royal
starts
Metso to upgrade automation system for Royal Caribbean
2014-09-18 01:00:00| Ship Technology
Metso has won a contract from Royal Caribbean Cruises to enhance the vessel-wide automation system of its cruise ship Voyager of the Seas.
Tags: system
royal
upgrade
caribbean
Acoustiblok Inc., Expands International Business Network to Caribbean; Regional Distributor ...
2014-09-12 06:00:00| Industrial Newsroom - All News for Today
Acoustiblok Inc. Founder and President, Lahnie Johnson, is pleased to announce Darrell Bereaux as Acoustiblok's Regional Distributor for the Caribbean Islands of Trinidad and Tobago.<br /> <br /> Darrell Bereaux<br /> Acoustiblok Inc., Founder and President, Lahnie Johnson is pleased to announce Darrell Bereaux as Acoustiblok's Regional Distributor for the Caribbean Islands of Trinidad and Tobago.<br /> <br /> Tampa, Florida<br /> <br /> Acoustiblok Inc. Founder and President, Lahnie ...This story is related to the following:Soundproofing | Sound Absorbing Materials
Tags: business
international
network
regional
ABB contracted to deliver support services for Royal Caribbean ships
2014-09-10 01:00:00| Ship Technology
Power and automation technology firm ABB has signed a 15-year service agreement worth $50m with Royal Caribbean Cruises (RCC) to increase cost efficiency and the predictability of maintenance costs.
Tags: services
support
ships
royal
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