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Tag: invest
Sudan: Algerian Group to Invest U.S.$6 Billon in Sudan
2013-10-15 08:11:24| Sugar Industry News
Khartoum A private Algerian manufacturer of food products, Cevital, said willing to invest six billion USD in the food industry in Sudan after facilities granted by the authorities of the east African country.
Tags: group
invest
sudan
algerian
Chinas BCEG to invest in Manchester Airport's new business centre
2013-10-15 01:00:00| Airport Technology
China-based Beijing Construction Engineering Group (BCEG) has agreed to invest in the development of Manchester Airport's new business centre.
Tags: business
centre
invest
manchester
Deutsche Bank, Russia fund to invest in Rostelecom
2013-10-11 09:58:00| Telecompaper Headlines
(Telecompaper) The Russian Direct Investment Fund (RDIF) and Deutsche Bank announced a joint investment in Russia's national telecom operator, Rostelecom. The two parties will invest a total of RUB 7.674 billion on a parity basis, which will be used to further develop and strengthen the company's market position. All boards have approved the deal. The investors will acquire 72.2 million shares in Rostelecom from its subsidiary Mobitel. The deal also includes call and put options giving Rostelecom a portion of any profits from an increase in value of the shares. As part of the same terms the investors will receive protection against a decrease in the price of the shares. RDIF, a subsidiary of Vnesheconombank, said the Russian economy and its growing demand for broadband offer a good opportunity for investment. The deal also capitalizes on the recent changes in Rostelecom's corporate governance and development strategies, following its merger with the state telecoms holding company Svyazinvest.
Tags: bank
fund
russia
deutsche
Telefonica to invest $400m in Peru 4G services
2013-10-11 02:00:00| Total Telecom industry news
Operator aims to provide high-speed mobile broadband to 100 districts by 2016.
Tags: services
peru
invest
telefonica
Google to invest $103m in 265.7MWdc Mount Signal solar PV project in California
2013-10-11 01:00:00| Power Technology
Google has agreed to invest around $103m in Silver Ridge Powers under construction 265.7MWdc (200MWac) Mount Signal utility-scale solar PV generating project in Imperial County, California.
Tags: google
project
california
signal
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