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Tigo to buy ETB's stake in Colombia Movil for USD 240 mln

2013-11-14 08:45:00| Telecompaper Headlines

(Telecompaper) Colombian operator Empresa de Telecomunicaciones de Bogota (ETB) has agreed to sell its 24.99 percent stake in Colombia Movil to Tigo for COP 463.8 billion (approximately USD 240 million). ETB plans to use the net proceeds from the sale to launch 4G services. Back in June, ETB in partnership with Colombia Movil, acquired 30Mhz of AWS spectrum for provision of 4G services across Colombia. Following the completion of the transaction, ETB will keep 50 percent of this spectrum, El Espectador reports.

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RPT-UPDATE 3-Glencore, Sumitomo buy Rio coal mine stake for $1 bln

2013-10-28 01:11:07| Grocery - Topix.net

Rio Tinto has agreed to sell its majority stake in Australia's third-largest thermal coal mine to Glencore Xstrata and Japan's Sumitomo Corporation for just over $1 billion, pushing ahead with plans to focus on larger, core operations.

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Glencore, Sumitomo buy Rio coal mine stake for $1 billion

2013-10-25 18:03:58| Food - Topix.net

A gauge of U.S. business investment plans fell sharply in September in a possible sign companies shut their wallets out of concern a budget battle brewing in Washington would damage the economy.

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Glencore, Sumitomo buy Rio coal mine stake for $1 billion

2013-10-25 16:01:42| Grocery - Topix.net

A gauge of U.S. business investment plans fell sharply in September in a possible sign companies shut their wallets out of concern a budget battle brewing in Washington would damage the economy.

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ITALY/IRELAND: Illva Saronno Irish whiskey stake buy prompts new distillery

2013-10-16 12:36:00| Daily beverage news and comment - from just-drinks.com

Italian drinks firm Illva Saronno has put its weight behind the Irish whiskey category by acquiring a 50% stake in the producer of The Irishman brand.

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