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Sinch to buy Brazil's Wavy from Movile, sees up to BRL 20 mln synergies in 2 years

2020-03-27 09:51:00| Telecompaper Headlines

(Telecompaper) Swedish mobile messaging service provider Sinch said it has signed a definitive agreement to acquire Brazilian messaging company Wavy for BRL 355 million in cash and 1.53 million new shares issued to owner Movile, and expects to complete the deal in the second half of 2020. Merger synergies are expected to reach BRL 15-20 million over the coming 24 months. Sinch has increased its credit facility by SEK 600 million for future acquisition opportunities, too.

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IEA: Global Oil Demand Could Drop 20% as 3 Billion People in Lockdown

2020-03-26 22:00:00| OGI

IEA's Fatih Birol said that, despite huge demand destruction, oil supply was nevertheless set to rise by another 3 million bbl/d as part of Saudi Arabia's market share battle with Russia.

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INEOS to build new hand sanitizer plant in UK in 10 days to make 1M bottles per month; to replicate in Germany

2020-03-26 08:55:38| Green Car Congress

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TV antenna usage in US broadband households up 25% in 2019

2020-03-26 06:00:36| Digital TV News

According to Parks Associates, 25% of US broadband households use an antenna to watch local broadcast TV channels, up from 15% in 2018. Roughly half of antenna users do not subscribe to any pay-TV services, either traditional or vMVPD.

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News Release: Bridge construction to close SW Boones Ferry Road at Tryon Creek; Detour begins March 30; COVID-19 precautions in place

2020-03-25 23:34:29| PortlandOnline

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