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India to launch 2G, 3G spectrum tender on 25 February

2015-01-12 10:22:00| Telecompaper Headlines

(Telecompaper) India will launch a tender for 2G and 3G spectrum on 25 February. In this auction, the government hopes to raise over INR 648.4 billion. The government will auction 800 MHz, 900 MHz, 1800 MHz and 2100 MHz spectrum. According to the timeline set in the Notice Inviting Applications (NIA), operators are invited to submit their applications by 6 February. The government will sell 380.75 MHz of 2G spectrum in the 900 MHz, 1800 MHz and 800 MHz bands. Details related to the 2100 MHz spectrum auction will be issued at a later date, the NIA said.

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Brazilian Companies Wrap Up Tender Offer for Chiquita Brands

2015-01-07 18:47:13| Agriculture - Topix.net

WSOC-TV in North Carolina is reporting that investment firm Safra Group and juice company Cutrale Group have completed their tender offer for Charlotte-based banana producer Chiquita Brands International Inc. Chiquita agreed to be acquired this past fall by the two Brazilian companies for approximately $681 million. "The companies had put the transaction's value at about $1.3 billion, including the assumption of Chiquita's debt," notes the ABC affiliate.

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Brazilian companies wrap up tender offer for Chiquita Brands

2015-01-06 15:54:42| Agriculture - Topix.net

Chiquita, based in Charlotte, North Carolina, agreed in October to be acquired by investment firm Safra Group and juice company Cutrale Group for approximately $681 million, or $14.50 per share. The companies had put the transaction's value at about $1.3 billion, including the assumption of Chiquita's debt.

Tags: offer companies brands wrap

 

Brazilian companies wrap up tender offer for Chiquita Brands

2015-01-06 15:39:01| Food - Topix.net

" Safra Group and Brazil's Cutrale have completed their tender offer for banana producer Chiquita Brands International Inc. Chiquita, based in Charlotte, North Carolina, agreed in October to be acquired by investment firm Safra Group and juice company Cutrale Group for approximately $681 million, or $14.50 per share. The companies had put the transaction's value at about $1.3 billion, including the assumption of Chiquita's debt.

Tags: offer companies brands wrap

 

Indian Cabinet approves spectrum tender prices

2015-01-06 09:38:00| Telecompaper Headlines

(Telecompaper) India's Union Cabinet has approved the proposal of the Department of Telecom to proceed with an auction of frequencies in the 800, 900 and 800 MHz bands in February. The reserve price approved is INR 36.46 billion per MHz for pan-India frequencies in the 800 MHz, INR 39.80 billion for the 900 MHz band excluding Delhi, Mumbai, Kolkatta and J&K, and INR 21.91 billion excluding Maharashtra and West Bengal for the 1,800 MHz band. The estimated revenues from this auction are INR 648.4 billion, of which INR 160 billion is expected to be realized in the current financial year.

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