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Tag: rights
Kingfisher loses flying rights
2013-02-25 17:07:24| BBC News | Business | UK Edition
India's Ministry of Civil Aviation withdraws international flying rights and domestic slots from Kingfisher Airlines, in a fresh blow to the debt-laden firm.
Tags: rights
flying
loses
kingfisher
America Movil agrees support for KPN rights issue
2013-02-20 09:04:00| Telecompaper Headlines
(Telecompaper) KPN said it has signed a long-term relationship agreement with America Movil (AMX), its largest shareholder, which will support KPN in its bid to raise EUR 4 billion in equity capital. AMX said it will, subject to certain conditions, vote in favour of certain resolutions to be put before the general meeting of shareholders. The AGM is scheduled to take place on 10 April, and replaces the EGM planned for 19 March, which is hereby cancelled. AMX will approve KPN's capital increase subject to to the appointment of two individuals, designated by AMX, to KPN's supervisory board, amongst other conditions. The capital to be supported by AMX will consist of a EUR 3 billion rights issue and the issue of hybrid capital instruments which are expected to receive partial equity recognition, bringing the total to EUR 4 billion. KPN will use the proceeds to reduce its net debt level and to continue investing in operations. AMX will participate in the rights issue pro rata to its current stake of around 28 percent in KPN. KPN said that it and AMX look forward to further developing their relationship by leveraging the financial, commercial and operational expertise of both parties.
Tags: rights
support
issue
america
Firebird Purchases Lease Rights In Texas
2013-02-19 18:55:00| OGI
The rights include funding the development of leases throughout Caldwell County specifically in Salt Flat, Luling-Branyon and Darst Creek fields.
Tags: rights
texas
purchases
lease
Amazon bundles up exclusive streaming rights to Downton Abbey
2013-02-18 18:03:30| IT Services - Topix.net
ConsumerAffairs' founder and editor, Jim Hood formerly headed Associated Press Broadcast News, directing coverage of major news events worldwide.
Tags: rights
amazon
exclusive
streaming
Land-grabbing firms beware: cost of ignoring people's rights is rising
2013-02-18 08:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: A new report on land acquisition by the Munden Project/Rights and Resources Institute brings an important angle to the land "grab" debate. Rather than focusing on the ethics of land grabbing, the report makes the business case for working with local communities, arguing that failure to inform or fairly compensate affected locals heightens the risks to investors. Why? Because affected communities start to make life difficult for abusive or lazy companies, leading to massive unexpected costs or even...
Tags: rights
cost
firms
rising
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