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Tag: america
America Movil ends relationship agreement with KPN
2013-07-29 09:08:00| Telecompaper Headlines
(Telecompaper) Dutch operator KPN announced that it has been informed by its shareholder America Movil that it has terminated their relationship agreement signed in February with immediate effect. America Movil confirmed the decision in a statement, without providing further details. In addition to governance issues, the agreement included a standstill providing that AMX would not increase its shareholding to 30 percent of more, the trigger for a full takeover bid of KPN. AMX will continue to have two seats on KPN's supervisory board as long as it holds 20 percent in the Dutch company. The announcement follows reports that AMX is questioning KPN's planned sale of its German operator E-Plus, as the price may be too low. The Mexican company acquired its almost 30 eprcent stake inKPN ast year for around EUR 8 per share, but KPN's share price has since fallen to less than EUR 2.
Tags: agreement
america
relationship
ends
America Movil ends deal to cap KPN shareholding
2013-07-29 02:00:00| Total Telecom industry news
Dutch incumbent's E-Plus sale triggers clause allowing America Movil to end partnership agreement.
Dairy Farmers of America (DFA) Ingredient Manufacturing Facility
2013-07-29 01:00:00| Food Processing Technology
Dairy Farmers of America (DFA) started the construction of a new manufacturing facility for dairy ingredients in April 2012.
Tags: america
manufacturing
facility
farmers
Bank of America Corp. Upgrades Rogers Communications to Buy
2013-07-28 17:46:51| Telecom - Topix.net
The firm currently has a $45.50 price objective on the stock, down from their previous price objective of $48.75.
Tags: buy
america
bank
communications
US: Southern Wine & Spirits of America widens operations VP role
2013-07-26 17:03:00| Daily beverage news and comment - from just-drinks.com
Southern Wine & Spirits of America (SWSA) has appointed a new operations VP for its Illinois, Kentucky and Minnesota divisions.
Tags: america
role
operations
southern
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