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BT raises 1bn through placing to help fund EE takeover

2015-02-12 01:00:00| Total Telecom industry news

UK incumbent announced placing earlier on Thursday.

Tags: fund placing raises takeover

 

Marubeni expects $1bn writedown on losses

2015-01-26 10:21:38| Chemicals - Topix.net

Marubeni Corporation expects to write down $1 billion on the value of energy and commodity assets after the plunge in crude oil prices and a failure to meet targets at its Gavilon Holdings LLC grain unit. The Tokyo-based trading company halved its forecast for net income this year to 110 billion yen after recording about 95 billion yen in writedowns on oil and gas assets, including in the North Sea, and about 50 billion yen on US grain merchant Gavilon, bought for $2.7 billion in 2013 as Marubeni's largest-ever acquisition.

Tags: losses expects 1bn marubeni

 
 

Marubeni expects $1bn writedown on losses

2015-01-26 10:01:49| Grocery - Topix.net

Marubeni Corporation expects to write down $1 billion on the value of energy and commodity assets after the plunge in crude oil prices and a failure to meet targets at its Gavilon Holdings LLC grain unit. The Tokyo-based trading company halved its forecast for net income this year to 110 billion yen after recording about 95 billion yen in writedowns on oil and gas assets, including in the North Sea, and about 50 billion yen on US grain merchant Gavilon, bought for $2.7 billion in 2013 as Marubeni's largest-ever acquisition.

Tags: losses expects 1bn marubeni

 

Dalian Wanda invests $1bn in Sydney

2015-01-26 06:26:18| BBC News | Business | UK Edition

Chinese property giant Dalian Wanda is set to invest $1bn (667bn) in a real estate development near Sydney Harbour.

Tags: sydney wanda invests dalian

 

Jollibee Foods eyes $1bn American fast-food company

2015-01-26 01:00:00| Food Processing Technology

Philippines-based Jollibee Foods is planning to acquire an American fast-food company with a market value of $1bn in a bid to expand its international operations.

Tags: company american eyes foods

 

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