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Hutchison agrees network deals with Sky, Virgin - report
2016-04-07 10:53:00| Telecompaper Headlines
(Telecompaper) Hutchison is understood to have agreed capacity deals with Sky and Virgin Media worth GBP 3 billion for space on the extended mobile network of Three/O2, reports The Telegraph. Hutchison made its final offer of concessions to EU regulators on 06 April as it looks to win approval for the takeover of O2. Sources indicate that Sky has agreed to take a 20 percent share for more than 10 years if the takeover is approved, at a cost of more than GBP 2 billion. Virgin agreed it could take 10 percent of capacity on the merged network. The Virgin Mobile service is currently hosted on the EE network, and Virgin could still choose to stay with EE if new owner BT offers better terms. EU regulators have until 15 May to decide whether to approve the deal.
Tags: report
network
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sky
H.B. Fuller Company Agrees to Acquire Advanced Adhesives
2016-04-07 08:09:26| Coatings World Breaking News
Tags: advanced
company
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agrees
United Airlines agrees to contract terms for 30,000 workers
2016-04-05 01:29:24| Airlines - Topix.net
The International Association of Machinists & Aerospace Workers said Monday that the contracts, if ratified, would increase pay by about 30 percent over five years and also raise defined-benefit pensions and stop outsourcing of work now done by the union's members. United said the agreements followed just four months of negotiations and were reached before the date when old contracts could normally be updated.
Tags: terms
united
contract
workers
EIB agrees to provide 450m for India's Lucknow metro
2016-04-01 01:00:00| Railway Technology
The European Investment Bank (EIB) has agreed to provide a loan of Rs33bn (450m) to finance construction of the first metro line in the Indian city of Lucknow in Uttar Pradesh.
Tags: provide
metro
agrees
indias
Foxconn agrees Sharp takeover for JPY 389 billion
2016-03-30 12:14:00| Telecompaper Headlines
(Telecompaper) Sharp and Hon Hai Precision Industry have reached agreement on the latter's investment in Sharp. An initial agreement was first announced at the end of February, and it took a month for the companies to agree to the final terms. Under the deal, Hon Hai and its unit Foxconn will subscribe to JPY 288.8 billion in new common shares issued by Sharp, giving the Taiwanese company a 66 percent stake. The price per share is JPY 88, a significant discount to Sharp's more recent range of around JPY 130. Hon Hai will also acquire JPY 100 billion in new class C preferred shares in Sharp. These can be converted at a ratio of 1:100 from 01 July 2017. Further details of the agreement, such as the role of Sharp's creditors, were not disclosed.
Tags: sharp
billion
agrees
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