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America Movil increases stake in Telekom Austria to 26.8%

2014-01-17 08:22:00| Telecompaper Headlines

(Telecompaper) Mexican billionaire Carlos Slim has decided to consolidate his company and family stakes in Telekom Austria. Carlos Telecom, a subsidiary of his company America Movil registered in the Netherlands, has increased its stake in Telekom Austria to 26.8 percent, after purchasing a 3.14 percent stake from a family foundation. The Austrian government remains the largest shareholder in the operator, with 28 percent. The move by Slim clarifies the company's position before regulators, showing its full indirect and direct stake via a number of subsidiaries. Once a company's cumulative shareholding, it can be required to launch a bid for the rest of the company's shares. In November 2012, America Movil said it was not planning any hostile bid for Telekom Austria.

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Bank of America Corp. PT Raised to $20.00 at Raymond James

2014-01-17 01:42:21| Apparel - Topix.net

Raymond James' price objective suggests a potential upside of 19.26% from the stock's previous close.

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America Movil ups Telekom Austria stake

2014-01-17 01:00:00| Total Telecom industry news

Mexico-based telco edges closer to mandatory offer threshold.

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Climate Change Disbelief Rises in America

2014-01-16 19:04:00| Climate Ark Climate Change & Global Warming Newsfeed

LiveScience: The number of Americans who believe global warming isn't happening has risen to 23 percent, up 7 percentage points since April 2013. The latest survey, taken in November 2013, finds that the majority of Americans -- 63 percent -- do believe in climate change, and 53 percent are "somewhat" or "very" worried about the consequences. The proportion of people who do believe in climate change has been steady since April 2013, but the proportion of those who say they "don't know" whether climate change...

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4-2011: SBB Steel Markets North America

2014-01-16 15:54:03| Steel - Topix.net

Since the recession and its dramatic effect on demand and pricing, service centers have been understandably gun-shy about buying steel.

Tags: north america north america steel

 

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