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Mobilink, Warid announce merger
2015-11-26 09:08:00| Telecompaper Headlines
(Telecompaper) VimpelCom and Global Telecom Holding (GTH), Warid Telecom Pakistan and Bank Alfalah (Dhabi Group shareholders), have agreed to merge their Pakistan telecom businesses. The merger of Mobilink and Warid Telecom will create an entity that will serve 45 million customers and be in a better position to develop high-speed mobile networks. The transaction is the first merger in the mobile telecommunications sector in Pakistan. VimpelCom and the Dhabi Group shareholders have agreed a clear corporate governance structure. The board will consist of seven directors, of whom six will be nominated by VimpelCom and GTH and one nominated by the Dhabi Group shareholders. Upon completion, Mobilink CEO Jeffrey Hedberg will become the CEO of the combined business and Mobilink's CFO Andrew Kemp the new CFO. The transaction is expected to create capex and opex synergies with a net present value of USD 500 million. The combined revenue of both companies for the 12 months to September was USD 1.4 billion.
Tags: announce
merger
mobilink
announce merger
Analysts Anticipate Perma-Fix Environmental Services to Announce $0.10 EPS
2015-11-25 13:24:32| Waste Management - Topix.net
Shares of Perma-Fix Environmental Services have received a consensus broker rating score of 3.00 from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Tags: services
environmental
announce
analysts
Analysts Expect USA Truck to Announce $0.27 Earnings Per Share
2015-11-24 19:22:11| Trucking - Topix.net
USA Truck has been assigned a consensus broker rating score of 3.00 from the two brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell recommendation and one has assigned a strong buy recommendation to the company.
Flomatic Corporation is Proud to Announce that All of their Model 888 Silent Wafer Check Valves are Now NSF/ANSI Standard 61 Certified for Drinking Water Systems
2015-11-23 11:31:10| Industrial Newsroom - All News for Today
Glens Falls, NY - Flomatic Corporation is proud to announce that all of their Model 888 silent wafer check valves are now NSF/ANSI standard 61 certified for drinking water systems. Effective immediately all sizes and models will be constructed with EPDM elastomers as standard. This change is a direct result of...
Tags: check
standard
systems
water
Old Dominion Freight Line Expected to Announce Earnings of $0.87 Per Share
2015-11-18 21:27:23| Trucking - Topix.net
Wall Street brokerages expect Old Dominion Freight Line to report $0.87 earnings per share for the current quarter, Zacks reports. Nine analysts have made estimates for Old Dominion Freight Line's earnings, with the highest EPS estimate coming in at $0.91 and the lowest estimate coming in at $0.83.
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