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Telecom Italia to extend, amend Telecom Argentina deal

2014-09-29 08:35:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has agreed to a request from US-backed investment fund Fintech to extend the deadline to close the USD 960 million sale of Telecom Argentina by another month, until 24 October, to buy more time to secure regulatory approval from local authorities. At the same time, the operator confirmed in a statement that its management would "evaluate and define with Fintech possible amendments to the sale process", without specifying what those amendments would be. The announcement came after a 7-hour board meeting held on 26 September, which was dominated not only by the company's options in Argentina but also by news of renewed foreign takeover interest. Just before the meeting, the head of Italian internet company ItaliaOnline, controlled by Egyptian tycoon Naguib Sawiris, said Sawiris was still interested in investing in Telecom Italia, despite having an offer rejected in 2012 to buy a stake for EUR 3 billion. "We have always been interested in Telecom. The interest is there and this is known," ItaliaOnline chairman Khaled Bishara told reporters in Milan. On the day before the meeting, a Bloomberg report claimed that US businessman Sol Trujillo, the former CEO of Australian operator Telstra, was seeking to raise EUR 7.5 billion to bid for a stake in Telecom Italia.

Tags: deal italia argentina extend

 

APHIS Issues Proposed Rule to Amend Fruit and Vegetable Import Requirements

2014-09-08 10:00:00| Expeditors Newsflash - Americas Edition

Expeditors Newsflash - Americas Edition

Tags: issues requirements proposed rule

 
 

Wal-Mart truck crash hits amid effort to amend hours-of-service rules

2014-06-12 01:07:03| Trucking - Topix.net

There is never a good time for a high-profile and deadly traffic accident involving a tractor-trailer rig, but efforts by the trucking industry to amend federal hours-of-service rules likely became more difficult when a Wal-Mart rig caused an accident in New Jersey that killed comedian James McNair and critically injured Saturday Night Live alum ... (more)

Tags: rules effort hits truck

 

One year later, ExxonMobil still trying to amend

2014-03-31 11:22:26| Oil & Gas - Topix.net

It has been a year since the lives of certain Mayflower residents were devastated when a ruptured ExxonMobil pipe allowed thousands of barrels of toxic crude oil free in a quiet residential community named Northwoods.

Tags: to year trying amend

 

Marina Biotech and Mirna Therapeutics Amend License Agreement for the ...

2014-01-03 03:24:21| Biotech - Topix.net

Under terms of the amendment, Mirna paid certain pre-payments to Marina Biotech and now has additional rights to its lead program, MRX34, currently in Phase 1 clinical development for patients with unresectable primary liver cancer or metastatic cancer with liver involvement.

Tags: the agreement license marina

 

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