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Iliad founder Niel buys 11% stake in Telecom Italia
2015-10-29 15:29:00| Telecompaper Headlines
(Telecompaper) French billionaire Xavier Niel, founder of internet provider Iliad, has acquired the equivalent of an 11.2 percent voting stake in Telecom Italia, according to a filing with Italian markets regulator Consob. The development comes just a few days after French media conglomerate Vivendi, led by fellow billionaire Vincent Bollore, boosted its stake in Telecom Italia to just over 20 percent of the company's ordinary shares. Niel acquired a stake of around 6 percent via a personal investment company and an additional 5 percent through derivatives, according to unnamed sources cited by Bloomberg. Iliad is the parent company of French mobile operator Free, which has transformed the local telecoms sector since launching in 2012 with a low-tariff policy that has led to a 40 percent fall in prices. Niel has also invested in mobile operations in Switzerland (Orange) and Monaco (Monaco Telecom) in recent years.
Tags: italia
telecom
founder
buys
Duke Energy Acquires Majority Stake in Energy Management Company Phoenix Energy Technologies
2015-10-28 11:31:07| Industrial Newsroom - All News for Today
CHARLOTTE, N.C. - Duke Energy, the nation's largest electric utility, today acquired a majority share of Phoenix Energy Technologies, a provider of energy management systems and services for commercial customers. PhoenixET, based in Irvine, Calif., monitors and controls energy usage at an enterprise level. "We...
Tags: company
management
energy
technologies
Economic official expects business as usual if Dow Chemical buys Corning's stake in Dow Corning
2015-10-28 10:20:10| Telecom - Topix.net
If Dow Chemical Co. buys out Corning Inc.'s stake in Dow Corning Corp., it would have a big impact on Bay County and the Great Lakes Bay Region.
Tags: business
official
economic
chemical
Economic official expects business as usual if Dow Chemical buys Corning's stake in Dow Corning
2015-10-28 08:43:05| Chemicals - Topix.net
If Dow Chemical Co. buys out Corning Inc.'s stake in Dow Corning Corp., it would have a big impact on Bay County and the Great Lakes Bay Region.
Tags: business
official
economic
chemical
Economic official expects business as usual if Dow Chemical buys Corning's stake in Dow Corning
2015-10-28 08:23:50| Electronics - Topix.net
If Dow Chemical Co. buys out Corning Inc.'s stake in Dow Corning Corp., it would have a big impact on Bay County and the Great Lakes Bay Region.
Tags: business
official
economic
chemical
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