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Warburg, Apollo to make final bids for T-Mobile NL - report

2016-02-12 08:31:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has narrowed the bidders for T-Mobile Netherlands to private equity firms Warburg Pincus and Apollo, people familiar with the transaction told Reuters. The two groups are expected to submit their final bids, which may value the mobile operator at more than EUR 3 billion, on 15 February. DT may, however, opt to keep the business if it fails to get an acceptable price, one of the sources said. Liberty Global dropped out of the bidding for T-Mobile, in order to pursue talks on a joint venture with Vodafone in the Netherlands, the report said. Other initial bidders such as buyout groups Apax and CVC have also dropped out, according to Reuters' sources. Deutsche Telekom is hoping get at least EUR 3.6 billion or about 8 times expected annual EBITDA of EUR 450 million for T-Mobile. 

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BPA Releases Final EIS on I-5 Corridor Reinforcement Project

2016-02-12 00:05:00| Transmission & Distribution World

The Bonneville Power Administration released its final environmental impact statement on the I-5 Corridor Reinforcement Project read more

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Tesla begins taking pre-orders on Model 3 next month, aims for $35K final price

2016-02-10 13:30:00| Extremetech

Tesla has confirmed that the Model 3 is on track for a March 2016 pre-order window and showing. The car's $35,000 base price could drop as low as $25,000 once rebates are taken into account -- and that's critical to driving mainstream adopting of electric vehicles.

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New ICAO aircraft CO2 standard one step closer to final adoption after recommendation by CAEP

2016-02-09 14:56:08| Green Car Congress

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Final section of track laid on $336m ETTT project in New South Wales

2016-02-09 01:00:00| Railway Technology

The final section of track has been laid for the A$477.4m ($336m) Epping to Thornleigh Third Track (ETTT) project in New South Wales (NSW), Australia, marking a major milestone on the A$1.1bn ($775m) Northern Sydney Freight Corridor (NSFC) upgrade.

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