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Tag: share
Telefonica announces EUR 3 bln share issue for GVT purchase
2015-03-26 08:53:00| Telecompaper Headlines
(Telecompaper) Telefonica has announced a capital hike of around EUR 3.05 billion to part fund its EUR 7.2 billion purchase of Brazilian broadband operator GVT. In a statement to Spain's market regulator CNMV, the Spanish operator confirmed it will sell some 281 million shares for EUR 10.84 each, with Telefonica shareholders given preferential rights to subscribe to the new shares. The company earlier confirmed it had finally received the approval of Brazil's antitrust authority, Cade, to acquire GVT from French media group Vivendi. Telefonica last week agreed to waive its voting rights in Telecom Italia in an unrestricted manner to comply with the regulator's demands. Cade also approved the break up of the Telefonica-dominated Telco SpA investor group that has controlled Telecom Italia for years. The demerger of the Telco pact was confirmed in a Telco board meeting held in June last year and the following month Telefonica sold bonds exchangeable into stocks to cut its stake by about a third. Subsequently, the Spanish company offered Vivendi a right to around 8 percent of Telecom Italia as part of its bid to buy GVT. As a result, Vivendi is expected to be confirmed as Telecom Italia's largest single shareholder at a 20 May meeting.
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Third Party Logistics (3PL) Market To 2020 - Market Share, Growth,...
2015-03-25 14:07:09| Logistics - Topix.net
The global 3PL market is expected to reach USD 925.31 billion by 2020, according to a new study by Grand View Research, Inc. Increased convergence on core competencies by outsourcing secondary business activities such as logistics is expected to drive the 3PL market over the forecast period. To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/third-party-logistic ..
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Merck Announces New $10 Billion Share Repurchase Program
2015-03-24 22:00:00| Merck.com - Corporate News
Dateline City: KENILWORTH, N.J. KENILWORTH, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, today announced that its board of directors has authorized additional purchases of up to $10 billion of Mercks common stock for its treasury. The treasury stock purchase has no time limit and will be made over time in open-market transactions, block transactions on or off an exchange, or in privately negotiated transactions. Language: English Contact: MerckMedia:Lainie Keller, 908-236-5036or Steve Cragle, 908-740-1801orInvestor:Joseph Romanelli, 908-740-1986or Justin Holko, 908-740-1879 Ticker Slug: Ticker: MRK Exchange: NYSE read more
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H&M sees strong profit, sales as market share increases
2015-03-24 13:38:33| Appliances - Topix.net
Swedish budget fashion chain Hennes & Mauritz AB says its three-month earnings surged 35 percent to 3.6 billion kronor on strong sales growth as shoppers were attracted by new collections. The net profit in the period ending Feb. 28 was up from 2.6 billion kronor in the same three months a year earlier.
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International Business Machines Corp. (IBM) Will Now Share Tech With...
2015-03-23 16:11:22| Semiconductors - Topix.net
International Business Machines Corp. is changing its tone when it comes to its relationship with China and the country's technology companies. According to a report from Reuters , International Business Machines Corp. Chief Executive Officer Virginia Rometty said in a speaking engagement in China that her company is now willing to share its technology with the country and its technology companies.
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