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Tag: sells
KPN sells 5% stake in Telefonica Deutschland for EUR 805 mln
2015-11-10 13:17:00| Telecompaper Headlines
(Telecompaper) KPN has sold a 5 percent stake in Telefonica Deutschland to institutional investors for EUR 805 million. The 150 million shares were sold in an accelerated bookbuilding at EUR 5.37 each, a small discount to the EUR 5.47 closing price the day prior to the sale. KPN acquired a 20.5 percent stake in Telefonica's German subsidiary when it sold E-Plus to the company last year. With the latest share sale, KPN's stake in Telefonica Deutschland is reduced to 15.5 percent. KPn said it will use 70 percent of the proceeds from the sale to pay dividends and the remainder to stengthen its balance sheet. The Dutch operator agreed to not sell any further shares in Telefonica Deutschland for 90 days.
Tags: eur
deutschland
sells
stake
Orange sells stake in Kenyan unit to Helios Investment
2015-11-10 08:15:00| Telecompaper Headlines
(Telecompaper) The Orange Group announced that it has signed a binding agreement with Helios Investment Partners for the sale of its entire 70 percent stake in Orange Kenya. Orange said the completion of the transaction remains subject to approval from the relevant authorities. The deal reflects Orange's constant focus on optimising its portfolio of assets, and the Africa and Middle East region remains a strategic priority for the group. Orange Kenya is the country's incumbent fixed line operator and the third player in the mobile market. The company had 4 million mobile customers at the end of June, according to figures published by the regulator.
Tags: unit
investment
orange
sells
LSI Industries Director James P/ Sferra Sells 19,803 Shares
2015-11-10 01:28:58| Furniture - Topix.net
LSI Industries Director James P/ Sferra sold 19,803 shares of the business's stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $11.46, for a total value of $226,942.38.
Tags: director
james
industries
shares
Fresh Del Monte Produce SVP Sells $79,840.61 in Stock
2015-11-10 01:23:59| Agriculture - Topix.net
Fresh Del Monte Produce SVP Marissa R. Tenazas sold 1,777 shares of Fresh Del Monte Produce stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $44.93, for a total value of $79,840.61.
Forward Air CEO Bruce A. Campbell Sells 91,256 Shares
2015-11-10 01:22:44| Logistics - Topix.net
Forward Air CEO Bruce A. Campbell sold 91,256 shares of Forward Air stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $46.01, for a total value of $4,198,688.56.
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