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Telenor starts selling Vimpelcom shares

2016-09-12 12:55:00| Telecompaper Headlines

(Telecompaper) Telenor said that it has commenced a public offering in the US of 142.5 million of its Vimpelcom American Depository Shares (ADS), at a price yet undetermined. Telenor currently owns approximately 580 million ADS, or 33 percent of Vimpelcom's total outstanding common shares. This transaction represents 24.5 percent of Telenor's holding, or 8.1 percent of VimpelCom's outstanding shares. At Vimpelcom;s last closing share price of USD 4.19 per share, the sale will raise Telenor nearly USD 600 million before transaction fees.

Tags: selling starts shares telenor

 

Burberry shares lead FTSE 100 lower

2016-09-09 10:21:08| BBC News | Business | UK Edition

British designer Burberry is the biggest faller on the FTSE 100 as the blue chip index edges down in early trading.

Tags: lower lead shares burberry

 
 

Liberty Media takeover will give teams chance to buy shares in sport

2016-09-08 16:44:59| BBC News | Business | UK Edition

Formula 1 teams will be able to buy shares in the sport for the first time following a takeover by Liberty Media.

Tags: media buy give sport

 

FTSE 100 rises as Micro Focus shares surge on HP deal

2016-09-08 10:11:44| BBC News | Business | UK Edition

The FTSE 100 gains in morning trade, helped by a 21% rise in UK tech firm Micro Focus following its $8.8bn takeover of HP's software business.

Tags: focus deal micro shares

 

Nintendo shares surge on 'Super Mario' game for iPhone

2016-09-08 03:51:02| BBC News | Business | UK Edition

Nintendo shares surge by as much as 18% in Tokyo after the company announces its popular "Super Mario" franchise will appear on Apple's new iPhone.

Tags: game super shares nintendo

 

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