je.st
news
Tag: takeover
Liberty Global Q2 results boosted by Virgin Media takeover
2013-08-02 09:00:00| Telecompaper Headlines
(Telecompaper) Liberty Global reported second-quarter sales up 25 percent year-on-year to USD 3.16 billion. Its takeover of Virgin Media in the UK contributed around two-thirds of the increase, and the company's organic growth was 4 percent. The cable operator saw a slowdown in customer growth in the period, with 191,000 revenue-generating units added on an organic basis compared to 364,000 a year ago. This was due to a slowdown in Germany and East Europe and tough competition in the Netherlands, where it lost customers. Operating cash flow was up 21 percent to USD 1.45 billion and grew 3 percent on an organic basis, while operating profit fell 7 percent to USD 445 million, hurt by charges and increased depreciation related to the Virgin takeover. The cable operator increased capex slightly in the quarter to USD 490 million or 16 percent of revenues. Free cash flow was still up 29 percent to USD 193 million in Q2. While debt increased substantially in the quarter on the Virgin takeover, Liberty still had USD 2.1 billion in cash and said it would continue its share repurchase programme.
Tags: results
media
global
virgin
Chr. Hansen finalises Turkish subsidiary takeover
2013-08-02 00:49:11| Chemicals - Topix.net
Chr. Hansen has finalised its acquisition of the final 50% of shares in its Turkish subsidiary, Peyma Chr-Hansen A.S. The company announced that it had agreed to acquire the remaining stake in its subsidiary as it reported its Q3 results last month.
Tags: subsidiary
turkish
hansen
chr
Chr. Hansen finalises Turkish subsidiary takeover
2013-08-02 00:19:55| Food - Topix.net
Chr. Hansen has finalised its acquisition of the final 50% of shares in its Turkish subsidiary, Peyma Chr-Hansen A.S. The company announced that it had agreed to acquire the remaining stake in its subsidiary as it reported its Q3 results last month.
Tags: subsidiary
turkish
hansen
chr
Chinese workers strike over takeover of...
2013-07-31 07:41:41| Industrial Machines - Topix.net
More than 5,000 Chinese workers at a Sino-US joint venture tyre manufacturer have gone on strike against the American parent company's $2.5 billion takeover by an Indian firm, state media reported.
Tags: chinese
workers
strike
takeover
US: Mondelez takeover "too risky" - PepsiCo CFO
2013-07-29 11:36:05| Daily beverage news and comment - from just-drinks.com
PepsiCo CFO Hugh Johnston has insisted a takeover of Mondelez International would be "too risky" after calls from activist investor Nelson Peltz to carry out the deal.
Tags: cfo
risky
takeover
pepsico
Sites : [209] [210] [211] [212] [213] [214] [215] [216] [217] [218] [219] [220] [221] [222] [223] [224] [225] [226] [227] [228] next »