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Tag: takeover
FMC Corporation: A More Appetizing DuPont Takeover Target After Alkali Chemicals Divestiture
2015-02-08 11:58:09| Chemicals - Topix.net
The company agreed to sell its alkali chemicals business to de-lever their balance sheet from debt related to the Cheminova acquisition. The company's agricultural chemicals business is the majority of sales subsequent to the recent alkali chemical divestiture and the Cheminova acquisition.
Tags: corporation
target
chemicals
dupont
TeliaSonera wins clearance for takeover of Tele2 Norway
2015-02-05 09:04:00| Telecompaper Headlines
(Telecompaper) Norwegian authorities have approved new conditions for Tele2 to sell its mobile activities in the country to TeliaSonera. The competition authority vetoed the deal in December, and the operators proposed new remedies. Under the new deal, the customer base of Network Norway will be sold to the operator ICE. Network Norway is part of Tele2 and has around 90,000 business customers. TeliaSonera also agreed to provide ICE with national roaming. The total price for TeliaSonera to acquire the remaining assets drops to SEK 4.5 billion from SEK 5.1 billion. However, TeliaSonera said it does not see any change in the expected synergies from the deal, which it estimates at SEK 800 million by the second half of 2016. TeliaSonera also committed to providing 4G services to 98 percent of the population by next year, two years ahead of its licence terms. By this summer already, 90 percent of the country will have access to 4G. Tele2 said it expects to complete the sale within two weeks. Tele2 will book a one-time gain of SEK 1.8 billion from the transaction. It will use the proceeds from the sale to pay an extraordinary dividend of SEK 4.5 billion.
Tags: norway
clearance
wins
takeover
Intel expands in broadband market with Lantiq takeover
2015-02-02 11:51:00| Telecompaper Headlines
(Telecompaper) Intel has agreed to buy Lantiq, a maker of chipsets for broadband gateways. The takeover of Munich-based Lantiq will allow Intel to expand beyond the cable market to also target DSL, fibre, LTE, IoT and other types of routers. The company is keen to play a role in the growing use of broadband routers to deliver additional services in the 'smart home'. Lantiq counts over 100 operators worldwide using its products and also holds more than 2,000 patents in broadband communications. Subject to regulatory approvals, the takeover is expected to close within 90 days. No financial details were disclosed.
Tags: market
intel
broadband
expands
Scottish Friendly in takeover move
2015-02-02 02:35:09| BBC News | Business | UK Edition
Financial group Scottish Friendly is set to double in size after announcing it is close to securing the takeover of another mutual.
Tags: friendly
move
scottish
takeover
Obama's Government Takeover of WiFi
2015-01-31 06:05:06| Wireless - Topix.net
At every turn, it seems like the Obama administration has found a new way to insert itself into our everyday lives. And, the administration's most recent encroachment could impact our quality for years to come.
Tags: government
wifi
takeover
obamas
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