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Hutchison Whampoa sells third of 3-O2 UK to investors

2015-05-08 10:40:00| Telecompaper Headlines

(Telecompaper) Hutchison Whampoa, parent of mobile operator 3, announced that it has entered into agreements with five institutional investors who will acquire stakes totalling 33 percent in the combined businesses of 3 UK and O2 UK for a total consideration of GBP 3.1 billion. The investors are Canada Pension Plan Investment Board, GIC of Singapore, Limpart Holdings (a subsidiary of the Abu Dhabi Investment Authority), CDPQ of Quebec and BTG Pactual of Brazil. Their investments are conditional on and will occur concurrently with completion by 3 of the acquisition of O2 UK from Telefonica, which is in turn subject to European Commission approval. The full proceeds of their investments will be used, together with a committed bank facility of GBP 6 billion, to fund the acquisition of O2 UK. 

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Leggett & Platt Director Sells $454,800.00 in Stock

2015-05-07 21:59:23| Furniture - Topix.net

Leggett & Platt Director Judy C. Odom sold 10,000 shares of the stock on the open market in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $45.48, for a total transaction of $454,800.00.

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Tycoon sells tyre firm for 50m

2015-05-06 18:07:45| BBC News | Business | UK Edition

One of Scotland's most successful entrepreneurs has sold his tyre-fitting business for 50m to Michelin.

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Waste Connections VP Eric Hansen Sells 1,418 Shares

2015-05-05 21:34:00| Waste Age

<a href="http://www.wkrb13.com/">WKRB</a> Waste Connections VP Eric Hansen sold 1,418 shares of Waste Connections stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $47.26, for a total transaction of $67,014.68. Following the transaction, the vice president now directly owns 10,416 shares of the companys stock, valued at approximately $492,260.16. The sale was disclosed in a document filed with the Securities & Exchange Commission. read more

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Somers PepsiCo Site Sells For Nearly $87M; Carlos Slim Said To Be Owner

2015-05-05 07:32:13| Beverages - Topix.net

PepsiCo's campus in Somers has been purchased by a little-known company for nearly $87 million, records from the town and Westchester County show. The buyer is listed as an entity called One P Way LLC. Forbes reports that the buyer is linked to Mexican tycoon Carlos Slim, who is also known in the press by his formal name, which is Carlos Slim Hel.

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