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US: Crestview Partners finalises DS Waters of America takeover

2013-09-04 11:54:00| Daily beverage news and comment - from just-drinks.com

DS Waters of America has been acquired by private-equity firm Crestview Partners.

Tags: america partners waters takeover

 

AUDIO: German media takeover 'glorifies war'

2013-09-02 11:19:52| BBC News | Business | UK Edition

The regulator of commercial radio, Ofcom, is considering a request to block a big take-over of a British radio station because the media group which has bought it publishes a controversial magazine in Germany.

Tags: media audio war german

 
 

Foundation moves to freeze Slim's KPN takeover

2013-08-30 01:23:02| Telecom - Topix.net

Carlos Slim's bid to take over Dutch telecom Royal KPN NV has been thrown into doubt, as the KPN foundation set up to safeguard the company's interests said late Thursday it would issue shares to prevent what it termed a hostile takeover - for the time being.

Tags: foundation moves freeze takeover

 

KPN works council calls on govt to block takeover

2013-08-29 13:54:00| Telecompaper Headlines

(Telecompaper) KPN's central works council (COR) has called on the government to block the proposed takeover of the Dutch operator by America Movil in the name of public interest. In a letter to the cabinet and parliament, the COR urged politicians to use their influence and introduce legislation to protect KPN from the takeover. The works council includes representatives of KPN's main unions and must be consulted by management in the event of major changes at the company. The COR said its concerned about the continuity of service and employment at KPN if the new owner takes over. KPN's management is in talks with America Movil about the organisation post-takeover, before it decides whether to recommend the takeover to shareholders. However, the COR noted that current Dutch law is not strong enough to ensure such any agreements are upheld, as once a shareholder gains majority control, it can appoint new management or ignore the agreements with management. If KPN were to remain an independent Dutch company, the council pledged to do all it can to ensure the group's profitability and added value for Dutch society. The council hopes to hold talks with the government and MPs on the question.

Tags: works block council calls

 

ARM expands in IoT with Sensinode takeover

2013-08-27 09:44:00| Telecompaper Headlines

(Telecompaper) UK-based semiconductor design company ARM has acquired Sensinode, a provider of software for the Internet of things (IoT). The privately-held company led the creation of the 6LoWPAN and CoAP standards for low-cost, low-power devices, and has been a key contributor to the IETF, ZigBee IP, ETSI and OMA standardisation efforts. ARM will continue to provide Sensinode's NanoStack and NanoService products to existing and new customers. The IoT is the next evolution of the internet where products of all types and capabilities are connected. ARM's Cortex family of processors and collaborative mbed project, together with Sensinode's NanoStack and NanoService offering, will together provide the foundation for new applications including wireless sensors, smart connected appliances, home health applications, and wearable electronics. The technology is also applicable to M2M applications using cellular connections and the new OMA Lightweight M2M standard for device management. Mbed is an industry collaboration to deliver open source hardware and software building blocks for rapid development of intelligent connected devices.

Tags: arm expands takeover iot

 

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