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Tag: bln
Google buys data analytics specialist Looker for USD 2.6 bln
2019-06-07 09:04:00| Telecompaper Headlines
(Telecompaper) Google Cloud CEO Thomas Kurian said the acquisition will let Google harness data in new ways, across all the clouds.
Tags: data
google
usd
specialist
Alibaba to raise USD 20 bln in Hong Kong listing in H2 - report
2019-05-28 09:11:00| Telecompaper Headlines
(Telecompaper) Alibaba plans to raise USD 20 billion via a second listing in Hong Kong. Alibaba previously raised USD 25 billion in its first listing in New York in 2014, in the world's largest initial public offering. Alibaba is working with financial advisers on the planned offering, Bloomberg reports, citing unnamed people with knowledge of the matter. According to the same sources, Alibaba would file a listing application in Hong Kong confidentially in the second half of this year.
Tags: report
listing
hong
kong
Toshiba Memory to buy back preferred shares from Apple, Dell, others for USD 4 bln - report
2019-05-20 14:44:00| Telecompaper Headlines
(Telecompaper) Toshiba Memory, bought last year by Bain Capital, is hoping to buy out the preferred shares held in the company by Apple, Dell, Kingston Technology and Seagate Technology for over 4 USD , the Wall Street Journal reported, with sources estimating the deal at over USD 4 billion. The transaction will come under a refinancing plan worth JPY 1.3 trillion, or USD 11.8 billion, from Japanese banks. The money will go towards buying back the shares and simplifying the capital structure. This will make it easier for Toshiba Memory to list itself, the sources said. The Japanese banks working on the refinancing plan include the government-owned Development Bank of Japan, set to buy JPY 300 billion worth of shares and debt.
HPE buys supercomputing specialist Cray for USD 1.3 bln
2019-05-17 15:01:00| Telecompaper Headlines
(Telecompaper) Hewlett Packard Enterprise (HPE) has agreed to buy supercomputer specialist Cray for USD 35.00 per share in cash, for a total of USD 1.3 billion, net of cash. With headquarters in Seattle, Washington, Cray reported 2018 revenues of USD 456 million, up 16 percent from the year before. The company has 1,300 employees worldwide.
Tags: usd
specialist
buys
cray
Vodacom Group FY revenue rises 4.3% to ZAR 90.1 bln, customers up 5.8%, net profit dips
2019-05-13 09:52:00| Telecompaper Headlines
(Telecompaper) Vodacom Group said its revenue increased by 4.3 percent to ZAR 90.1 billion in the year ended 31 March. It ended the fiscal year with 110 million customers, up by 5.8 percent. Operating profit rose 1.1 percent to ZAR 24.51 billion, or 7.4 percent excluding a one-off, non-cash IFRS 2 charge of ZAR 1.4 billion and transaction costs of ZAR 124 million relating to the BEE deal. Net profit decreased slightly to ZAR 15.44 billion from ZAR 15.56 billion in 2018.
Tags: net
group
customers
profit
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