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Hutchison and Cellnex confirm 'advanced talks' over EUR 10 bln tower asset sales

2020-11-04 10:57:00| Telecompaper Headlines

(Telecompaper) CK Hutchison, the parent company of mobile operator 3 Group, has confirmed recent reports that it is in advanced negotiations regarding the sale of its European mobile tower business to Spanish operator Cellnex Telecom, already Europe's largest mobile towers company. In a statement, CK Hutchison said it has reached "substantial agreement" on the key commercial terms for the disposal of the telecommunications infrastructure assets in Europe held indirectly by its CK Hutchison Group Telecom Holdings subsidiary to Cellnex. It added that total proceeds on completion of the transactions would amount to around EUR 10 billion, including minority partners' shares. 

Tags: advanced sales eur confirm

 

M&S suffers first ever loss as clothing sales hit

2020-11-04 09:46:56| BBC News | Business | UK Edition

The High Street stalwart saw clothing and home sales fall due to the impact of lockdown.

Tags: sales hit loss clothing

 
 

Pub plans eased as takeaway beer sales now allowed

2020-11-03 21:33:56| BBC News | Business | UK Edition

Pre-ordered alcohol can be collected by customers as long as they do not enter the premises.

Tags: sales plans allowed pub

 

Q1 Sales Fall at Estée Lauder

2020-11-02 13:16:37| Happi Breaking News

Still, company execs say results were 'stronger than expected.'

Tags: sales este fall lauder

 

Wärtsilä to collaborate with Anemoi Marine Technologies in future sales of Rotor Sail solutions

2020-11-02 09:55:35| Green Car Congress

Tags: sales future solutions technologies

 

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