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TDC would pull out of MTG deal if approach for all its share leads to firm bid

2018-02-12 11:50:00| Telecompaper Headlines

(Telecompaper) Sweden's Modern Times Group (MTG) said that Denmark's TDC Group intends its withdraw recommendation of the combination of MTG Nordic Entertainment and MTG Studios with TDC. TDC said it has been approached by a potential bidder for all of its shares, and that if this party does indeed go ahead and make an offer, the board of director would withdraw its recommendation of the transaction with MTG. TDC said there can be no certainty that the discussions will in fact lead to the potential bidder making an offer.

Tags: to share approach deal

 

British textile firm latest to invest in Ethiopia

2018-02-08 15:37:00| Daily apparel & textile news and comment - from just-style.com

British textile and agricultural raw material firm Intrade UK Ltd is investing US$100m in a textile and garment factory in Ethiopia.

Tags: latest firm british invest

 
 

Danish telecoms firm TDC knocks back takeover bid

2018-02-08 01:00:00| Total Telecom industry news

Danish Telecoms firm TDC has rebuffed an unsolicited takeover bid from a consortium of pension funds, according to a company statement.  In a statement issued to the Copenhagen Stock Exchange…read more on TotalTele.com »

Tags: back firm bid danish

 

The Japanese firm making posh polyester

2018-02-07 01:29:55| BBC News | Business | UK Edition

How Japanese textile company Daiichi Orimono became a key supplier to the likes of Louis Vuitton, Gucci and Prada.

Tags: making firm japanese polyester

 

Ed Gribbin sets up advisory firm, retains Alvanon role

2018-02-02 12:46:00| Daily apparel & textile news and comment - from just-style.com

After 12 years at apparel size and fit specialist Alvanon - including seven as president - apparel industry veteran Ed Gribbin is to transition to a new role of senior advisor to the leadership team.

Tags: role firm sets advisory

 

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