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Tag: proceeds
Corning: Proceeds From Dow-Corning Divestiture To Drive Shares Higher In 2016
2015-12-14 05:24:35| Footwear - Topix.net
The company has stepped up its transformative actions dramatically as its shares have traded within a narrow range that has consistently frustrated its long-term investors. The company's recently announced divestiture of its over 70-year-old joint venture Dow Corning is by far the most dramatic transformative action the company has taken to date.
Tags: drive
higher
shares
proceeds
Vodacom proceeds with acquisition of Neotel, drops spectrum
2015-12-08 13:18:00| Telecompaper Headlines
(Telecompaper) Vodacom South Africa announced it will proceed with the acquisition of Neotel, but has dropped the group's spectrum from the deal. In a statement, Vodacom said it reached a a revised agreement with Neotel on a modified transaction that does not include Neotel's spectrum. The new deal will see it acquire the majority of Neotel's assets related to its fixed-line business as a going concern, but excluding Neotel's spectrum licences. At the same time, Neotel will offer a roaming arrangement to all the mobile network operators, including Vodacom South Africa. The revised agreement addresses some of the concerns of rival operators and regulators that the takeover would give Vodacom too strong a position in terms of spectrum resources. Vodacom and Neotel have submitted the revised agreement to the Competition Tribunal, which has scheduled a pre-hearing for 10 December.
Tags: acquisition
spectrum
proceeds
drops
Us GM corn lawsuit proceeds against Syngenta
2015-10-04 17:43:51| Chemicals - Topix.net
Swiss seeds and pesticides specialist Syngenta has failed to block a lawsuit from three of the world's biggest commodities traders and thousands of farmers. The case centres on a Chinese ban of genetically modified corn that has cost an estimated $6.3 billion .
Tags: proceeds
corn
lawsuit
syngenta
Ryanair to distribute 398 Aer Lingus proceeds to shareholders
2015-09-24 13:48:12| Airlines - Topix.net
At the AGM Ryanair briefed shareholders on further AGB improvements later this year, including new primary airports in Amsterdam, Cologne, and Copenhagen, a new personalised website with advanced features , an improved mobile app, new cabin interiors, crew uniforms and improved inflight menus. Ryanair's AGM also heard of plans to distribute the proceeds from the sale of Ryanair's 29.8% stake in Aer Lingus, to its shareholders via a 'B' Share programme which will be concluded, subject to EGM approval, before December.
Tags: proceeds
distribute
shareholders
aer
Mainstream Renewable Power proceeds with three wind power developments
2015-09-10 01:00:00| Power Technology
Green energy firm Mainstream Renewable Power has signed a grid connection agreement for a wind project in Ghana and started construction of two wind farms in South Africa.
Tags: power
wind
developments
proceeds
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