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LetterOne seeks to invest $4 billion in Telecom Oi
2015-10-26 13:10:49| Telecom - Topix.net
LetterOne, an investment firm lead by Russian billionaire Mikhail Fridman, is planning to invest $4 billion in Brazilian telecommunication company Oi SA, although the offer is conditioned on the success of a potential merger with TIM Participacoes, a local unit of Telecom Italia. In August of 2014, Oi said that it was considering acquisition or merger possibilities in Brazil, including a potential deal with TIM Participacoes unit, and that it hired Brazilian investment bank BTG Pactual to look at opportunities.
Tags: billion
telecom
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seeks
Ratan Tata, Mohandas Pai invest undiscoused amount in LetsVenture
2015-10-26 12:16:21| IT Services - Topix.net
Tata Sons Chairman Emeritus has made one more investment in a start-up. This time, it is a funding marketplace LetsVenture that has received an undisclosed amount from Ratan Tata.
Premji Invest acquires minority stake in Hygienic Research
2015-10-26 10:11:18| IT Services - Topix.net
Mumbai, Oct 26 : Premji Invest , the investment arm of Wipro Group chairman Azim Premji, today announced the acquisition of a significant minority stake in Hygienic Research Institute, one of the largest home grown hair-care- focused FMCG companies. A statement from the Mumbai-based institute however did not share the investment details such as the quantum of stake being sold to Premji Invest and the price at which the sale has been concluded.
Tags: research
invest
minority
stake
Intel may invest up to $5.5 billion in China facility (Reuters) -...
2015-10-21 11:12:24| Semiconductors - Topix.net
Intel Corp said it may invest up to $5.5 billion in the coming years to expand its manufacturing capacity for non-volatile memory at its Dalian facility in China. Non-volatile memory, which has the capability to retain data even if power is turned off, can be used for a wide range of purposes ranging from detecting fraud patterns in financial transactions to disease tracking.
Tags: china
facility
intel
billion
Intel may invest up to $5.5 billion in China facility (Reuters) -...
2015-10-21 11:06:14| Electronics - Topix.net
Intel Corp said it may invest up to $5.5 billion in the coming years to expand its manufacturing capacity for non-volatile memory at its Dalian facility in China. Non-volatile memory, which has the capability to retain data even if power is turned off, can be used for a wide range of purposes ranging from detecting fraud patterns in financial transactions to disease tracking.
Tags: china
facility
intel
billion
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