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US: Retail imports to remain above average amid port talks

2014-09-09 18:53:00| Daily apparel & textile news and comment - from just-style.com

Import volumes at major US retail container ports are seen staying above average in September as retailers stock up ahead of the holiday season, although not to the same level as in August.

Tags: average port remain retail

 

CenturyLink in talks to buy RackSpace - report

2014-09-08 08:29:00| Telecompaper Headlines

(Telecompaper) US operator CenturyLink is seeking to acquire Rackspace Hosting to further expand into cloud-computing services, people familiar with the situation told Bloomberg. CenturyLink has discussed the idea with Rackspace, which last month said it was still conducting an internal review of its strategic options. Rackspace had a stock-market valuation of USD 5.33 billion at the end of last week. CenturyLink would reportedly pay n a combination of cash and its own shares. Rackspace hired Morgan Stanley earlier this year to seek strategic options and explore ways to expand the business after the company said it had been approached by multiple groups interested in a partnership or acquisition.

Tags: report buy talks rackspace

 
 

Panel talks cyber security on the grid

2014-09-02 16:00:00| Transmission & Distribution World

Three industry experts joined a panel to discuss cyber security challenges when adopting new smart grid technologies at Automation &Power World 2013. read more

Tags: security panel talks grid

 

Iliad talks to private equity firms on T-Mobile bid - report

2014-09-01 11:27:00| Telecompaper Headlines

(Telecompaper) French operator Iliad is talking to private-equity firms about teaming up to make an improved offer for T-Mobile US, people familiar with the matter told Bloomberg. Iliad's discussions with potential partners may accelerate after Deutsche Telekom indicated it's willing to negotiate with a price of at least USD 35 a share. The German company hasn't received a new proposal and there's no guarantee a higher offer will be made, the report noted. In addition to US buyout firms, Iliad has been talking to companies and sovereign-wealth funds about supporting its offer for T-Mobile. Iliad's previous offer of USD 33 per share in cash for a 56.6 percent stake in T-Mobile was rejected as too low a month ago. 

Tags: report private bid equity

 

Iliad in talks with private equity firms on improving T-Mobile US bid

2014-09-01 02:00:00| Total Telecom industry news

French group continues its pursuit of the Deutsche Telekom-owned U.S. operator.

Tags: us private bid equity

 

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