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Telekom Austria board neutral on America Movil bid
2014-05-28 09:22:00| Telecompaper Headlines
(Telecompaper) The management board of Telekom Austria has given a neutral opinion on America Movil's proposed takeover for the company. In a report on its evaluation of the bid, the board said it would not give a specific recommendation on whether shareholders should accept or reject the offer. The management's own plans suggest a higher enterprise value for the company than the EUR 7.15 per share offered by America Movil. At the same time this is based on the assumption that the operator's key markets will recover eventually - something uncertain at the moment. Furthermore the management's discounted cash flow valuation does not take into account any of the expected synergies from working with the larger America Movil group or the planned EUR 1 billion capital increase. The board's report further lays out the pros and cons of the takeover bid and remaining independent. Telekom Austria's supervisory board backed the management and also refrained from issuing a specific opinion on the bid.
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america
austria
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Elevance Names Steven Mills to Board of Directors
2014-05-28 07:00:00| Coatings World Breaking News
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names
directors
steven
Greenpeace activists board arctic oil drilling rig
2014-05-27 21:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Telegraph: Greenpeace activists boarded an oil rig in the Norwegian Arctic on Tuesday to try to stop exploration plans in the far north. Greenpeace, which regularly calls Statoil an 'Arctic aggressor', said plans to drill in the Hoop area of the Barents Sea threaten Bear Island, an uninhabited wildlife sanctuary which is home to rare species and occasionally to polar bears. Oil firms are drilling further north in Norway than ever as the Arctic ice retreats and recent regulation changes let firms work in areas...
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oil
arctic
drilling
Greenpeace protesters board Statoil's Arctic drilling rig
2014-05-27 11:15:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Activists from environmental group Greenpeace have climbed aboard an oil drilling rig in the Norwegian Arctic on Tuesday, trying to stop Statoil's exploration plans in one of the world's northernmost prospects, the group said on Tuesday. Greenpeace, which regularly calls Norwegian state-owned Statoil an 'Arctic aggressor', said plans to drill in the Hoop area of the Barents Sea threaten Bear Island, an uninhabited wildlife sanctuary which is home to rare species and occasionally to polar bears....
Tags: board
arctic
drilling
rig
Shareholders hail Dangote Sugar Refinery board
2014-05-27 08:08:28| Sugar Industry News
Shareholders of Dangote Sugar Refinery Plc have lauded the board and management of the company for the impressive performance recorded in the year 2013.
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sugar
shareholders
hail
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