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NENT plans Viaplay international expansion, mulls SEK 3.5 bln equity increase and US listing

2020-11-10 10:20:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment Group (NENT) has announced plans to launch its Viaplay streaming service in Poland and the US in 2021 and in five other markets by the end of 2023, with a new target of approximately 10.5 million Viaplay subscribers by end of 2025. In addition, NENT is considering raising more equity to finance the international expansion and increase liquidity and the company also is mulling a secondary US listing.

Tags: us international increase listing

 

Coronavirus: All Blacks rugby looking at private equity bids

2020-11-06 04:10:22| BBC News | Business | UK Edition

New Zealand's world-famous national rugby team has seen its cash reserves hit hard during the pandemic.

Tags: private equity bids rugby

 
 

N Brown in GBP100m equity raise as H1 profit tumbles

2020-11-05 11:02:00| Daily apparel & textile news and comment - from just-style.com

UK digital clothing retailer N Brown has outlined plans for a pre-emptive equity raise of about GBP100m (US$130.7m) to strengthen its balance sheet and accelerate profitable growth amid a drop in first-half profit and revenue.

Tags: brown profit equity raise

 

PPG Appoints Marvin Mendoza as Global Head of Diversity, Equity & Inclusion

2020-11-05 10:00:00| Coatings World Breaking News

Tags: head global equity diversity

 

SK Telecom's Q3 profit jumps more than 44% on equity gains from SK Hynix unit

2020-11-05 07:23:00| Telecompaper Headlines

(Telecompaper) South Korean operator SK Telecom posted revenue of KRW 4.73 trillion for the third quarter of 2020, which represents an increase of 3.7 percent year-on-year. Operating income reached KRW 361.5 billion, growing by 19.7 percent in the period. Growth was mainly boosted by improved performance of SK Telecom's mobile communication business and steep growth of its new businesses, the company said. Net income jumped 44.2 percent year-on-year, boosted by increased equity method gains from SK Hynix.

Tags: unit sk profit equity

 

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