je.st
news
Tag: bln
Vivendi to buy rest of Canal+ for EUR 1.02 bln
2013-10-29 08:38:00| Telecompaper Headlines
(Telecompaper) Vivendi said it has reached an agreement to buy Lagardere Group's 20 percent stake in Canal+ France for EUR 1.020 billion in cash, giving Vivendi 100 percent control of the company. The agreement follows mediation at the Paris commercial court and puts an end to their legal dispute over the French pay-TV joint venture. Lagardere and Canal+ will continue to work together on programme production and publishing and distribution of TV channels.
RPT-UPDATE 3-Glencore, Sumitomo buy Rio coal mine stake for $1 bln
2013-10-28 01:11:07| Grocery - Topix.net
Rio Tinto has agreed to sell its majority stake in Australia's third-largest thermal coal mine to Glencore Xstrata and Japan's Sumitomo Corporation for just over $1 billion, pushing ahead with plans to focus on larger, core operations.
AT&T sells tower rights to Crown Castle for USD 4.85 bln
2013-10-21 08:46:00| Telecompaper Headlines
(Telecompaper) AT&T has agreed to sell the rights to 9,700 of its mobile towers to Crown Castle for USD 4.85 billion cash. Crown Castle will have the exclusive right to lease and operate the AT&T towers for an average 28 years. At the end of the lease, Crown Castle will have the option to buy the towers for USD 4.2 billion. Crown Castle said nearly half of the AT&T towers are located in the top 50 markets in the US, where the majority of network densification and upgrade activity is expected to occur. The towers average 1.7 existing tenants per site, allowing further room for growth. The deal increases Crown Castle's footprint by 33 percent, strengthening its place as the biggest tower operator in the US. The company expects the contract to be slightly accretive to 2014 adjusted funds from operations per share and add 5 percent over the long term. AT&T has contracted to maintain its communications facilities on the towers for a minimum of 10 years with monthly rent of USD 1,900 per site and fixed annual rent increases of 2 percent. AT&T will also have access to additional space on the towers for its future use, subject to certain restrictions. The transaction is expected to close in the fourth quarter.
UPDATE 2-NRG to buy Edison Mission Energy assets for $2.64 bln
2013-10-19 13:04:07| Energy - Topix.net
Power company NRG Energy Inc said on Friday it would pay $2.64 billion to acquire the assets of bankrupt unregulated power producer Edison Mission Energy, adding nearly 8,000 megawatts of coal, gas and wind generation to its business.
Tags: buy
update
energy
mission
U.S. Steel to write down $1.8 bln in value of units
2013-10-19 02:26:46| Steel - Topix.net
United States Steel Corp said it expects to write down the value of two of its North American units by up to $1.8 billion, hurt by a prolonged slump in steel prices due to overcapacity and a weak global economy.
Sites : [132] [133] [134] [135] [136] [137] [138] [139] [140] [141] [142] [143] [144] [145] [146] [147] [148] [149] [150] [151] next »