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Vivacom goes on sale, could be worth about EUR 1.2 billion - report

2019-07-10 13:57:00| Telecompaper Headlines

(Telecompaper) Bulgarian telecoms operator Vivacom has been put up for sale with Lazards appointed as broker, according to a report on the Financial Times website. A source told the FT that Vivacom could be worth about EUR 1.2 billion. Spas Roussev, who owns 46 percent of VivaCom, confirmed that it is for sale, it added.

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Cisco to acquire Acacia Communications for USD 2.6 billion

2019-07-09 15:10:00| Telecompaper Headlines

(Telecompaper) Under the terms of the agreement, Cisco agreed to acquire Acacia for USD 70.00 per share in cash, or for approximately USD 2.6 billion on a fully diluted basis, net of cash and marketable securities. As Cisco and Acacia come together, Cisco sai dit plans to support Acacia's existing customers and new customers that want coherent optics, digital signal processing / photonic integrated circuit modules, and transceivers for use in networking products and data centres.

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The Trump Tariff Twist That's Cost U.S. Steel $5.5 Billion

2019-07-08 16:25:00| National Real Estate Investor

Since Trump announced tariffs on foreign steel, U.S. Steel lost almost 70 percent of its market value.

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Equinor To Sell 16% Shares It Holds In Lundin Petroleum For About $1.56 Billion

2019-07-08 02:30:57| OGI

Norwegian oil and gas firm Equinor ASA on Sunday said it will sell a 16% stake in Lundin Petroleum AB for about $1.56 billion, and in return acquire an additional 2.6% stake in Johan Sverdrup oilfield.

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TC Energy To Sell Appalachia Midstream Affiliate For Roughly $1.3 Billion

2019-07-03 04:30:38| OGI

Energy distributor UGI Energy Services agreed to pay TC Energy roughly $1.3 billion for its Columbia Midstream Group subsidiary that owns Appalachia gas gathering and processing assets.

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