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STC moves one step closer to acquiring majority share of Vodafone Egypt

2020-07-07 02:00:00| Total Telecom industry news

Back in January, Saudi Telecom Company (STC) signed a memorandum of understanding with Vodafone Group to acquire its 55% stake in Vodafone Egypt. At the time, the deal was evaluated at around $2.4 billion, with the accompanying partner market agreement including the use of the Vodafone brand and preferential roaming agreements…read more on TotalTele.com »

Tags: share step majority closer

Brazil sees jump in share of China's cotton import market

2020-07-02 13:21:00| Daily apparel & textile news and comment - from just-style.com

Brazil has been the prime beneficiary of the US's losses in China, as the South American country saw its share of the Chinese cotton import market jump by 170% in 2018/19, new data shows.

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Northern Oil and Gas Plans Reverse-stock Split to Boost Share Price

2020-06-23 23:30:00| OGI

The reverse stock split is expected to increase the per share trading price of Northern Oil and Gas�common stock, which may improve marketability and facilitate its trading, the Minneapolis-based company said.

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Softbank agrees T-Mobile exit in share sale, call option with Deutsche Telekom

2020-06-23 09:08:00| Telecompaper Headlines

(Telecompaper) Softbank Group has agreed to reduce its stake in T-Mobile US, selling around two-thirds of its stake to its co-shareholder Deutsche Telekom. It also gave the German operator a call option on most of its remaining shares in T-Mobile. Telekom plans to sell on the initial Softbank shares through a rights offering and trust securities.�

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