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Tag: stake
Marketed: Stake in Indigo Natural Resources-operated Louisiana Wells
2020-04-23 21:05:00| OGI
Rhino Non-Op LLC retained EnergyNet for the sale of nonoperated working interest in a five-well package located in Louisiana's De Soto Parish through an auction closing May 6.
Tags: natural
louisiana
wells
stake
TIM, Vodafone sell joint 8% stake in Inwit towers unit for EUR 800 mln
2020-04-23 08:57:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) and Vodafone Italia have sold an 8 percent stake in their jointly-owned towers company Inwit for a total of around EUR 800 million with a view to reducing debt. In separate statements, TIM and Vodafone each confirmed that they successfully completed the sale of 41.7 million shares of Inwit, equal to around 4.3 percent of the share capital, at a price of EUR 9.60 per share, resulting in gross proceeds to each company of around EUR 400 million.
Facebook to acquire stake in India's Jio Platforms for USD 5.7 bln
2020-04-22 08:57:00| Telecompaper Headlines
(Telecompaper) Facebook has agreed to invest INR 435.7 billion (approximately USD 5.7 billion) into India's Jio Platforms, the holding company of mobile operator Reliance Jio Infocomm. This investment gives Jio Platforms an enterprise value of INR 4.6 trillion (approximately USD 66 billion). Facebook's investment will translate into a 9.99 percent equity stake in Jio Platforms on a fully diluted basis.
Tags: usd
acquire
platforms
facebook
Facebook commits to India with $5.7bn stake in Reliance Jio
2020-04-22 02:00:00| Total Telecom industry news
Facebook have announced today that they have purchased a 10% stake in Indian operator Reliance Jio for the sum of $5.7 billion. The deal was first hinted at last month, but talks had been reportedly delayed due to the coronavirus. However, while the virus shows no signs of slowing in India, it seems that business must go on. The move represents Facebook&rsquo…read more on TotalTele.com »
Tags: india
reliance
facebook
stake
Brightstar buys majority stake in UK smartphone, tablet repair company WeFix
2020-04-20 15:03:00| Telecompaper Headlines
(Telecompaper) Brightstar, global provider of device lifecycle management solutions, has acquired a majority stake in UK-based smartphone and tablet repair specialist WeFix.
Tags: company
repair
majority
tablet
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