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Tag: rejects
Canadian Oil Sands rejects Suncor's $3.3-billion 'exploitive' hostile bid
2015-10-19 14:47:03| Oil & Gas - Topix.net
File photo of workers leaving the Suncor oil sands extraction facility near the town of Fort McMurray, Alta. File photo of workers leaving the Suncor oil sands extraction facility near the town of Fort McMurray, Alta.
AFTIC rejects Fintech, Sofora deal for Telecom Argentina stake
2015-10-16 15:51:22| Telecom - Topix.net
The decision was based on Fintech's failure to adhere to the requirements of Decree 62/90 and 764/2000, the watchdog has confirmed. claims that Fintech has not demonstrated sufficient experience and expertise to take control of Telecom Argentina's infrastructure, and made it clear that it does not want the telco to be solely controlled by investment companies, following the 2013 departure of strategic shareholder Telecom Italia .
Tags: deal
argentina
telecom
stake
AFTIC rejects sale of Telecom Argentina to Fintech
2015-10-16 08:48:00| Telecompaper Headlines
(Telecompaper) The board of Argentina's federal telecommunications regulator AFTIC has unanimously rejected the sale of a controlling stake in Telecom Argentina owned by Telecom Italia to US-backed investment fund Fintech on the grounds that the buyer doesn't have the necessary qualifications to operate a telecommunications company in the country. "The board considers that (Fintech) is not in a position to operate and take control Telecom Argentina's services and infrastructure. Fintech has demonstrated neither experience nor expertise," said AFTIC in a statement. Telecom Italia had agreed to sell its 68 percent controlling stake in Telecom Argentina holding company Sofora to Fintech for USD 960 million at the end of 2013 but the deal has been held back by the ongoing financial crisis in Argentina as well as delays in securing regulatory approval.
Tags: sale
argentina
telecom
rejects
NZX rejects call for Pyne Gould delisting
2015-10-16 05:12:48| Chemicals - Topix.net
NZX, which runs New Zealand's main stock market, has rejected a suggestion from the NZ Shareholders Association that it should delist investment firm Pyne Gould Corp to protect the integrity of the market. The association has complained to NZX and the Financial Markets Authority regarding Pyne Gould's practices, but had been told that the market is informed and can make its own decisions, NZSA chairman John Hawkins said in a statement.
Tags: call
rejects
gould
delisting
EU Rejects National Bans on GM Food, Feed
2015-10-15 02:00:00| ThePigSite - Industry News
EUROPE - Individual countries within the EU should not be allowed to decide to ban GM food and feed products, Environment Committee MEPs decided this week.
Tags: national
food
feed
rejects
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