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Buffalo Bills Owners Blank-check Company Raises $300 Million

2020-08-07 11:30:00| OGI

Terrence M. Pegula joins other NFL owners, most notably Dallas Cowboys owner Jerry Jones, in making large new investments during a stagnant time for the oil and gas industry.

Tags: company million owners buffalo

 

Rackspace prices IPO at low end of range, raises USD 704 million

2020-08-05 08:34:00| Telecompaper Headlines

(Telecompaper) Rackspace Technology has priced its IPO at USD 21 per share, the low end of the indicated subscription range. This puts the gross proceeds of the sale of 33.5 million shares at USD 703.5 million. The underwriters have a 30-day option to purchase up to 5.025 million more shares at the same price. 

Tags: end low range prices

 
 

Russia Raises Oil Output as OPEC+ Cuts Ease

2020-08-03 15:16:48| OGI

Russian oil and gas condensate output increased to 9.8 million barrels per day (MMbbl/d) on Aug. 1-2 from 9.37 MMbbl/d in July.

Tags: oil output russia ease

 

Seattle Software Firm Raises $12M to Help Grocers Cut Food Waste

2020-07-30 17:00:00| Waste Age

A Seattle tech company has landed $12 million in equity funding to fuel the growth of its software, which is aimed at helping grocers manage food orders to reduce waste and spoilage issues. The startup, Shelf Engine, was founded by software entrepre

Tags: software food firm cut

 

Luxembourg's 5G spectrum auction raises EUR 41.3 million

2020-07-23 08:14:00| Telecompaper Headlines

(Telecompaper) Luxembourg's ministry for communications and media announced that four bidders have successfully secured 5G spectrum in the auction that took place in mid-July for 700 MHz and 3,600 MHz frequencies. Overall, the licence holders will pay EUR 41.3 million for their fifteen-year licences. In the 3,600 MHz band, the country's three mobile network operators were awarded most of the spectrum, with Post and Orange securing 110 MHz each and Proximus Luxembourg acquiring 100 MHz.

Tags: eur million auction spectrum

 

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