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Vivendi sells SFR to Numericable for EUR 13.5 bln, 20% stake
2014-04-06 20:12:00| Telecompaper Headlines
(Telecompaper) Vivendi's board has unanimously chosen to sell French mobile and broadband operator SFR to cable company Numericable, rather than to Bouygues Telecom, for EUR 13.5 billion of cash and a 20 percent stake in the combined Numericable-SFR. Vivendi will receive another EUR 750 million if the new company meets profitability targets. The deal means that France will continue to have four MNOs, Orange, SFR, Bouygues and Free Mobile. By joining Numericable, SFR adds a large installed base of fixed line customers to its traditional mobile business. The board cited the synergies to be gained from combining the two networks, customer benefits based on fixed-mobile convergence, a lower risk of competition issues, and the best overall value from the sale, over EUR 17 billion in cash and shares.
Insider Selling: EOG Resources CFO Sells 4,131 Shares of Stock
2014-04-05 19:40:33| Oil & Gas - Topix.net
EOG Resources CFO Timothy K. Driggers sold 4,131 shares of the stock in a transaction that occurred on Thursday, April 3rd.
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Insider Selling: EOG Resources CFO Sells 4,131 Shares of Stock
2014-04-05 18:02:55| Energy - Topix.net
EOG Resources CFO Timothy K. Driggers sold 4,131 shares of the stock in a transaction that occurred on Thursday, April 3rd.
Tags: resources
stock
selling
shares
Insider Selling: John R. Peeler Sells 5,334 Shares of Veeco Instruments Stock
2014-04-05 15:31:27| Electronics - Topix.net
Veeco Instruments CEO John R. Peeler unloaded 5,334 shares of the company's stock on the open market in a transaction dated Thursday, April 3rd.
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Insider Selling: Daniel R. Freidman Sells 14,500 Shares of Brown Shoe Co. Stock
2014-04-05 08:33:47| Footwear - Topix.net
Brown Shoe Co. Insider Daniel R. Freidman sold 14,500 shares of the stock on the open market in a transaction that occurred on Wednesday, April 2nd.
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