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AMP Capital agrees to buy majority stake in VX Fiber

2020-09-23 09:35:00| Telecompaper Headlines

(Telecompaper) AMP Capital has announced an agreement to buy a majority stake in Swedish-based VX Fiber, which has operations in South Africa and the UK, and is targeting opportunities in Belgium, Austria and Germany. VX Fiber builds and runs Fibre-To-The-Premise (FTTP) open access networks and has developed a proprietary software platform running on third parties' passive infrastructure as a fibre operator. The network is remotely run from a network operations centre (NOC) in Umea, Sweden.

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Next to take majority stake in Victoria's Secret UK

2020-09-15 13:16:00| Daily apparel & textile news and comment - from just-style.com

Clothing and homewares retailer Next Plc is to acquire a majority stake in the UK business of lingerie, loungewear and beauty products retailer Victoria's Secret under a new joint venture.

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Majority of staff jobs at risk, hotel firm warns

2020-08-05 20:51:42| BBC News | Business | UK Edition

About 1,500 staff at hotels managed by LGH have been told they are at risk of redundancy.

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Tokyo Gas Takes First Majority Stake in US Shale Producer

2020-07-30 23:30:00| OGI

Tokyo Gas will pay about $620 million as it increases its ownership in Castleton Resources, a U.S. shale gas operator focused on being a consolidator of E&P assets in the Ark-La-Tex region.

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STC moves one step closer to acquiring majority share of Vodafone Egypt

2020-07-07 02:00:00| Total Telecom industry news

Back in January, Saudi Telecom Company (STC) signed a memorandum of understanding with Vodafone Group to acquire its 55% stake in Vodafone Egypt. At the time, the deal was evaluated at around $2.4 billion, with the accompanying partner market agreement including the use of the Vodafone brand and preferential roaming agreements…read more on TotalTele.com »

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