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Tag: bln
Symantec buys Blue Coat for USD 4.65 bln
2016-06-13 09:10:00| Telecompaper Headlines
(Telecompaper) Symantec has agreed to acquired Blue Coat for USD 4.65 billion in cash, in a deal that has been approved by the board of directors of both companies and which is expected to close in the third quarter. Upon closing, Symantec will be led by Blue Coat CEO Greg Clark, who will also join the Symantec board. On a pro-forma and adjusted basis, the combined company would have reported USD 4.4 billion in revenues for its fiscal full year to end April, with 62 percent coming from enterprise security.
Australian PM pledges A$1 bln to help ailing Great Barrier Reef
2016-06-13 06:38:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Australian Prime Minister Malcolm Turnbull, facing a tight re-election battle, pledged on Monday a A$1 billion ($738 million) fund for the Great Barrier Reef, where scientists say mass coral bleaching has destroyed vast tracts of the World Heritage site. A report late last month said mass coral bleaching, caused by climate change, had destroyed at least 35 percent of the northern and central Great Barrier Reef and that the coral mortality rate would likely rise. The report cast a shadow over...
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MTN Nigeria agrees to pay NGN 330 bln fine over 3 years
2016-06-10 15:39:00| Telecompaper Headlines
(Telecompaper) MTN Nigeria has announced that it has reached an agreement with the government of Nigeria over its fine for failing to cut off unregistered SIMs. The operator said it has agreed to pay a total cash amount of NGN 330 billion over three years, which is the equivalent of USD 1.671 billion at the official exchange rate and USD902 million at the Lagos Parallel Market Rate. It will pay this to the national government in full and final settlement of the matter.
Line values IPO at USD 1 bln - filing
2016-06-10 11:54:00| Telecompaper Headlines
(Telecompaper) Line is hoping to raise USD 1 billion in its initial public offering (IPO) in July, Bloomberg reported, citing a company filing. Line will sell shares in the US and Japan at a valuation of about JPY 588 billion. The offering is for 35 million new and existing shares, with an over-allotment of 5.25 million shares. The price range will be set on 27 June, and the final price on 11 July, the company said.
Dell starts new USD 3.25 bln offering for EMC takeover
2016-06-09 09:40:00| Telecompaper Headlines
(Telecompaper) Dell has started the private offering of USD 3.25 billion worth of senior notes. The company will use net proceeds to help finance its acquisition of EMC.
Tags: dell
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