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TPG Telecom to explore towers sale as H1 underlying revenue, EBITDA fall 3%

2021-08-20 08:59:00| Telecompaper Headlines

(Telecompaper) Australia's TPG Telecom reported revenues for its fiscal first half to June up 71 percent year-on-year to AUD 2.63 billion and reported EBITDA increased by 67 percent to AUD 886 million...

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Oaktree to Explore $2 Billion Sale of Cold Storage Firm

2020-09-18 16:01:00| National Real Estate Investor

The alternative asset manager is soliciting interest from potential suitors to buy Agro Merchants Group.

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JD sports founders explore sale of Footasylum stake

2017-07-11 14:16:00| Daily apparel & textile news and comment - from just-style.com

The families of the two founders of UK sports retailer JD Sports - John Wardle and David Makin - have initiated proceedings to sell their minority stake in UK high-street chain Footasylum. 

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Telecom Italia to explore sale of tower unit Inwit

2015-09-28 08:48:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has given its CEO a mandate to explore the sale of its mobile-phone tower unit Inwit, with Spain's Cellnex Telecom and Italian infrastructure fund F2i said to be among the interested bidders. "Telecom Italia will explore opportunities to enhance the value of the Inwit stake," said Telecom Italia in statement released after its board meeting in Rio de Janeiro. Inwit operates some 11,500 sites across Italy and the operator raised around EUR 875 million after selling a 40 per cent stake in the unit in an IPO held in June, retaining 60 percent of the company. Sources cited in a recent Bloomberg report suggested Spain's Cellnex Telecom was considering a bid for 30 percent of the tower unit, but CEO Marco Patuano later said there had been no contact with the Spanish operator over Inwit. In addition, Telecom Italia took advantage of the board meeting to confirm it had no plans to sell its 67 percent stake in TIM Brasil, saying it "expected to consolidate its long-term presence" in Brazil.

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Northwest Pipe Company to Explore the Sale of Its Energy Tubular Products Business

2015-07-21 04:30:28| Steel - Topix.net

The Company has retained Raymond James & Associates, Inc. as financial advisor to assist in this initiative. "The decision to explore a sale of our remaining Energy Tubular Products business reflects our long term desire to continue to sharpen our focus on our core Water Transmission business through organic growth initiatives as well as through M&A activity," said Scott Montross, President and CEO of Northwest Pipe Company.

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