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PM in Port Talbot steel crisis talks

2016-04-26 14:49:47| BBC News | Business | UK Edition

David Cameron visits managers, workers and unions at Tata in Port Talbot to discuss the steel crisis.

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Oi enters talks with bondholders group

2016-04-25 16:26:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi has taken a further step in restructuring its debt by entering into talks with a group of bondholders. The operator said it signed a non-disclosure agreement with Moelis & Company, an advisor acting on behalf of an ad hoc group of holders of the bonds issued by Oi and certain of its affiliated companies. Oi said the agreement is an initial step toward "productive and expeditious discussions regarding the terms of a potential restructuring". According to previous announcements, Oi retained PJT Partners as financial advisor to assist in evaluating financial and strategic alternatives to optimize its liquidity and debt profile, and it has engaged Barbosa Mussnich Aragao and White & Case as its legal advisors. 

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TIM in talks to swap TI Sparkle stake for Metroweb - report

2016-04-25 08:45:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) and state-backed lender Cassa Depositi e Prestiti (CDP) are negotiating a deal that may see the operator acquire Milan-based broadband provider Metroweb in exchange for a stake in its international wholesale unit TI Sparkle, according to unnamed sources cited by Reuters. Metroweb is currently owned by CDP-controlled Fondo Strategico Italiano (FSI) and infrastructure fund F2i, with Fastweb retaining an 11 percent stake. Italian daily La Repubblica also reported that a possible deal could see Telecom Italia buy F2i's 54 percent stake in Metroweb in cash before acquiring FSI's stake in exchange for a 25 percent stake in Sparkle. 

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AARP Oregon Talks with Commissioner Nick Fish - Livable Oregon

2016-04-22 19:45:54| PortlandOnline

Bandana Shrestha in the AARP, April 21, 2016

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Greece bailout talks make 'progress'

2016-04-22 16:38:19| BBC News | Business | UK Edition

Eurozone finance ministers say they have made progress in talks about the bailout programme for Greece.

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