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Tag: raises
Sinch raises SEK 3.3 bln in share sale, Softbank takes 10% stake
2020-12-01 12:35:00| Telecompaper Headlines
(Telecompaper) Swedish provider of cloud communications for mobile customer engagement Sinch said Softbank subsidiary SB Management will own approximately 10.1 percent of the company following a share issue and sell-down by larger shareholders of existing stock. Proceeds from the issue will be used to support potential acquisitions, a strategy that has the backing of SB Management.
Home Depot Deal Raises Buildings Materials M&A to Record Height
2020-11-30 14:16:00| National Real Estate Investor
The $8.7 billion acquisition propelled North American building materials deals to an all-time high of $15.2 billion.
Tags: home
record
deal
materials
Ericsson raises forecast for global 5G subscribers in 2020, almost 80% in China
2020-11-30 13:51:00| Telecompaper Headlines
(Telecompaper) There are signs of an acceleration in 5G roll-out, according to the latest Ericsson Mobility Report. The company estimates that by the end of this year, more than 1 billion people or 15 percent of the world's population will live in an area with 5G coverage. This is expected to reach 60 percent in 2026, when there will be an estimated 3.5 billion 5G users in the world.
Tags: in
china
global
ericsson
Ericsson raises long-term group EBITA margin target, cuts 2022 EBIT target for Digital Services
2020-11-10 09:37:00| Telecompaper Headlines
(Telecompaper) Ericsson has raised its long-term group EBITA margin target and left its EBIT target for 2022 unchanged, although it has cut the 2022 target for Digital Services and raised goals in other divisions. It said on the occasion of its Capital Markets Day that it has completed its turn-around to establish a strong platform for accelerating growth and investments in 5G enterprise applications.
Tags: services
group
digital
target
Apeel Raises $30 Million in Funding to Tackle Food Waste
2020-11-09 12:46:00| Waste Age
Apeel, a food science start-up, makes natural coatings that extend the shelf-life of food avocados and lemons. Nearly 25 percent of fruits and vegetables are lost globally, and North America is among the global regions with the highest leve
Tags: food
million
waste
funding
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