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UTi Shareholders Approve Acquisition by DSV
2016-01-15 17:25:06| Logistics - Topix.net
Shareholders of UTi Worldwide Inc. overwhelmingly approved a $1.35 billion acquisition by Denmark's DSV A/S, a move that is intended to broaden the buyer's U.S. and overseas logistics capabilities. The vote was more than 99% in favor of combining UTi, which ranks No.
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Fiat Chrysler shareholders approve Ferrari spinoff
2015-12-03 21:34:49| Automakers - Topix.net
Fiat Chrysler Automobiles investors today approved the spinoff of its supercar unit Ferrari -- part of CEO Sergio Marchionne's plan to raise cash and reduce debt at the group. Shareholders voted about 98 percent in favor of the separation, in which Fiat Chrysler will distribute the remaining 80 percent stake in Ferrari to its own investors starting early next year.
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Fiat Chrysler shareholders approve de-merger of Ferrari from group
2015-12-03 14:20:03| Automakers - Topix.net
FCA sold 10 percent of Ferrari in an initial public offering in October and will distribute its remaining 80 percent in the maker of supercars such as the 1 million-euro LaFerrari to FCA shareholders once the unit is spun off at the start of January.
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Nokia's shareholders to approve Alcatel-Lucent deal
2015-12-02 16:12:14| Telecom - Topix.net
Shareholders in Finnish telecom group Nokia are widely expected to approve the company's acquisition of French-American rival Alcatel-Lucent at an extraordinary general meeting in H elsinki on Wednesday. Once the world's top mobile phone maker, Nokia hopes the merger will help it become the world's number one network equipment and service provider, with a combined revenue of nearly 25 billion euros .
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nTelos shareholders approve merger agreement
2015-11-16 14:17:32| Telecom - Topix.net
Waynesboro, Virginia-based nTelos says in a news release that the merger won shareholder approval last week at its annual stockholders meeting. nTelos shareholders will receive $9.25 per share in cash when the deal is completed.
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