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Oi enters exclusive talks with L1 on TIM deal

2015-10-31 16:17:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi has agreed to enter exclusive talks with L1 Technology on its proposal for a capital injection conditional on agreeing a merger with TIM Brasil. Oi said it made a proposal to L1, a company owned by Russian billionaire Mikhail Fridman, for an exclusivity period of seven months, starting from 23 October. L1 confirmed the talks in a statement, saying discussions were still at a preliminary stage. The two companies will explore proposals "to develop viable structuring and financing options that would enable Oi to participate in any consolidation of the Brazilian telecommunications sector". L1 Technology said it is a long-term investor, and its team has ten years' experience in the telecoms sector in emerging and developed markets. If the transaction is completed, Oi said it expects it will lead to a reduction in leverage and help turn the company into a more robust player, supported by the generation of important synergies and economies of scale. A potential business combination of Oi and TIM would create a more complete and well-positioned telecommunications operator that would be able to compete against global players already operating in Brazil, Oi said. 

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Oi to hold exclusive talks on TIM merger

2015-10-30 01:00:00| Total Telecom industry news

Brazilian operator agrees to seven-month exclusivity period with Letter One with a view to brokering TIM tie-up.

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Protect your workers and tubular sight glass with Keystones exclusive Gauge Glass Guardian

2015-10-29 18:38:22| Canadian Plastics Headlines

When dealing with the high heat and pressures involved with steam systems, liquid level gauges can pose a danger. Keystone Steam Supplies has the solution. The post Protect your workers and tubular sight glass with Keystone’s exclusive Gauge Glass Guardian appeared first on Canadian Plastics.

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APB ends exclusive beer supply practice after competition watchdog probe

2015-10-29 08:18:24| Beverages - Topix.net

The Competition Commission of Singapore says Asia Pacific Breweries Singapore has given voluntary commitment to cease its outlet-exclusivity practice in sale of draught beers. Cans of Tiger Beer brewed by Asia Pacific Breweries are displayed alongside others, including Dutch beer Heineken, at a convenience store in Singapore in July 2012.

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CIVCO will Launch Exclusive Partnerships at 2015 ASTRO Meeting in San Antonio

2015-10-21 12:31:11| Industrial Newsroom - All News for Today

CORALVILLE, Iowa  ASTRO Booth #1047 - CIVCO Medical Solutions, the leading provider of comprehensive motion management solutions for radiation oncology, will introduce its new exclusive partnerships with Sentient and Pearltec AG along with new innovative solutions to attendees of the American Society for Radiation...

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