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Honduras raises $1.5bn as activewear plan shifts into gear

2017-06-24 13:34:00| Daily apparel & textile news and comment - from just-style.com

The textiles and apparel sector in Honduras has raised $1.5bn as part of its 2020 development plan to become a global synthetics yarn and activewear major.

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China raises heat over foreign investment

2017-06-22 13:34:28| BBC News | Business | UK Edition

The authorities in China have reportedly stepped up efforts to clamp down on firms' overseas investment.

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Altice USA prices IPO near high end, raises USD 1.9 bln

2017-06-22 08:43:00| Telecompaper Headlines

(Telecompaper) Altice USA has priced its IPO near the high end of the indicated range, at USD 30 per share. As a result, it will raise a total USD 1.918 billion before costs from the sale of 63.94 million shares. Altice is selling 12.07 million shares, for proceeds of USD 362.1 million, and its shareholders BC Partners and the Canada Pension Plan Investment Board are selling the remaining shares in the IPO from their existing holdings. After completion of the offering, Altice will own 70.3 percent of Altice USA's outstanding stock, equal to 98.3 percent of the voting rights.

Tags: high end usa prices

 

Samba TV raises $30 million in growth capital

2017-06-19 21:00:29| Digital TV News

Samba TV has announced that it has secured $30 million in Series B financing. Samba TV will use the funding to expand operations internationally and launch a variety of transformative products in the media and advertising industry.

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TJ Maxx sourcing raises labour practice questions

2017-06-19 16:34:00| Daily apparel & textile news and comment - from just-style.com

Discount US department store retailer TJ Maxx could be buying its clothes from manufacturers that pay their employees as little as US$4 an hour, it is understood.

Tags: questions practice labour raises

 

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