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Tag: america
America Movil doesn't ask for much in return for KPN support
2013-02-21 01:00:00| Total Telecom industry news
Mexican telco will participate in KPN's 4 billion capital raising plan; pair unveil new 'relationship agreement'.
Tags: for
support
return
america
Kuka Furniture names Justin Smith to head North America sales
2013-02-20 21:23:16| Furniture - Topix.net
Smith has more than 14 years of furniture industry experience, most recently as vice president of sales for the leather upholstery division of Z-Line Designs.
Tags: north
sales
head
america
Siemon Releases New Full-line Catalog for North America
2013-02-20 16:36:39| Siemon Press Release Feed
Siemon announces the release of its newest full-line catalog for North America...
Tags: north
america
catalog
releases
America Movil agrees support for KPN rights issue
2013-02-20 09:04:00| Telecompaper Headlines
(Telecompaper) KPN said it has signed a long-term relationship agreement with America Movil (AMX), its largest shareholder, which will support KPN in its bid to raise EUR 4 billion in equity capital. AMX said it will, subject to certain conditions, vote in favour of certain resolutions to be put before the general meeting of shareholders. The AGM is scheduled to take place on 10 April, and replaces the EGM planned for 19 March, which is hereby cancelled. AMX will approve KPN's capital increase subject to to the appointment of two individuals, designated by AMX, to KPN's supervisory board, amongst other conditions. The capital to be supported by AMX will consist of a EUR 3 billion rights issue and the issue of hybrid capital instruments which are expected to receive partial equity recognition, bringing the total to EUR 4 billion. KPN will use the proceeds to reduce its net debt level and to continue investing in operations. AMX will participate in the rights issue pro rata to its current stake of around 28 percent in KPN. KPN said that it and AMX look forward to further developing their relationship by leveraging the financial, commercial and operational expertise of both parties.
Tags: rights
support
issue
america
What America Is Thinking On Energy Issues - 69 Percent Of Voters Support Keystone XL Pipeline
2013-02-19 06:42:35| oilandgasonline News Articles
Sixty-nine percent of American voters favor building the Keystone XL pipeline, while 83 percent believe the pipeline would strengthen the nation’s energy security and 92 percent agree jobs are important when considering the project,according to a new Harris Interactive pollreleased recently.
Tags: support
issues
america
energy
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