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AT&T ends plan to offer wireless Internet access on planes
2014-11-10 21:47:32| Wireless - Topix.net
AT&T Inc., the second-biggest U.S. mobile-phone carrier, is scrapping its plans to introduce 4G LTE wireless Internet access on commercial flights to conserve cash as it expands internationally. AT&T had said in April that it would work to build a land- to-air high-speed network to serve airlines with in-flight Wi-Fi Internet access.
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Nutreco Agrees $3.7 Billion Sweetened Takeover Offer
2014-11-10 14:54:36| Food - Topix.net
SHV Holdings NV has agreed to sweeten its offer for Nutreco NV by 11% to a 2.99 billion in cash to ward off a potential rival bid by Cargill Inc. which had also approached the Dutch animal-feed maker.
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Nos shareholder makes offer for Portugal Telecom
2014-11-10 09:20:00| Telecompaper Headlines
(Telecompaper) Isabel dos Santos, the daughter of Angola's president, has launched a takeover bid for Portugal Telecom. In a statement published by Portugal's stock market regulator on 09 November, Terra Peregrin, a Portuguese holding company controlled by Dos Santos, said the offer was for EUR 1.35 a share, a premium of 11 percent on Portugal Telecom's latest share price. The bid, which is conditional on acquiring more than 50 percent of Portugal Telecom's shares, comes a week after Altice launched a EUR 7 billion offer to buy the Portuguese assets of Oi, Portugal Telecom's merger partner. Dos Santos's offer is for the shares of Portugal Telecom SGPS, which owns a 37 percent stake in Oi. The Brazilian operator in turn controls Portugal Telecom's operations in Portugal. Terra Peregrin said it supported a planned merger between Portugal Telecom and Oi, but added that the success of its offer would involve some delays in the merger operation, the Financial Times reports. Dos Santos is also leading shareholder in Nos, PT's main competitor in Portugal. The Terra Peregrin offer does not involve the other shareholders in Nos.
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Paragon Offshore: Could Old Rigs Offer Good Value?
2014-11-09 03:10:10| Energy - Topix.net
The market is currently pricing a near-bankruptcy scenario over the next three years, which is unfounded due to sufficient demand for ILC jackups. The share price of Paragon Offshore has been in a non-stop freefall since it was spun-out of Noble .
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Paragon Offshore: Could Old Rigs Offer Good Value?
2014-11-08 23:23:51| Oil & Gas - Topix.net
The market is currently pricing a near-bankruptcy scenario over the next three years, which is unfounded due to sufficient demand for ILC jackups. The share price of Paragon Offshore has been in a non-stop freefall since it was spun-out of Noble .
Tags: good
offer
value
offshore
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