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Fixed-line firms merge in Mexico

2015-10-02 02:00:00| Total Telecom industry news

Deal brings consolidation to Mexican fixed market, but incumbent Telmex still dominates.

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Vocus, M2 Group to merge into company worth over AUD 3 bln

2015-09-28 08:57:00| Telecompaper Headlines

(Telecompaper) Australian and New Zealand wholesale IP transit and voice supplier Vocus and M2 Group have signed a merger agreement that will create the fourth-largest telecoms company in Australia by market value and the third biggest in New Zealand. The new company will be worth more than AUD 3 billion and have revenues of around AUD 1.8 billion. Vocus said it has offered 1.625 of its shares for each M2 share, implying an AUD 1.93 billion value for M2. The price represents a 25 percent premium to the closing price for M2 shares on 25 September. The deal, expected to generate up to AUD 40 million a year in savings, has been unanimously approved by each company's board ahead of a shareholder vote.

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Global realtors merge

2015-09-19 09:27:24| Real Estate - Topix.net

The new Cushman & Wakefield, one of the world's largest commercial real estate services firms, will have a combined total of $5 billion in revenue, 43,000 employees, more than 3.9 billion square metres under management, and $191 billion in transaction value. In New Zealand the company has four offices in Auckland, Hamilton, Wellington and Christchurch employing 260 staff.

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Medivir to merge Research and Development and implement changes within the management group

2015-09-16 18:44:20| Appliances - Topix.net

The new unit will span the entire process, from the early research to the late-stage development phases. This change will both increase Medivir's ability to prioritise and enhance efficiency within its research operations and expand the flexibility and readiness for a broadening of the development portfolio.

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Engineers Thornton Tomasetti and Weidlinger Merge

2015-09-08 17:33:48| ENR.com: Headline News

Thornton Tomasetti and Weidlinger Associates merge, forming a multidisciplinary engineer with $240 million in annual revenue and more than 1,200 employees.

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