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TIM Brasil to sell towers to American Tower
2014-11-24 08:24:00| Telecompaper Headlines
(Telecompaper) TIM Brasil has approved the sale of its mobile towers for about BRL 3 billion (USD 1.2 billion) to American Tower. The first part of the transaction includes 5,240 towers. Another 1,240 towers, are subject to pre-emptive acquisition rights by the mobile operators Claro, Embratel and Americel as part of sharing agreements with TIM. If they do not exercise these rights, then America Tower will also acquire these towers. After the sale TIM will lease back space on the towers for 20 years.
Tags: american
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brasil
tim
Visteon agrees to sell stake in S.Korean unit -reports
2014-11-24 05:27:48| Automakers - Topix.net
U.S. automotive parts maker Visteon Corp has signed a preliminary deal to sell all of its stake in South Korean unit Halla Visteon Climate Control Corp, according to reports in local media, sending Halla Visteon shares sliding to their lowest levels in over six months. One paper, Korea Economic Daily, said on Monday Visteon plans to sign a final deal to sell its 69.99 percent stake in Halla Visteon to South Korean private equity firm Hahn & Company next month.
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Telecom Italia likely to sell Brazil towers to American Tower-sources
2014-11-21 14:17:07| IT Services - Topix.net
Telecom Italia will likely sell the mobile phone towers of its Brazilian unit to American Tower Corp for almost the full targeted amount of 900 million euros , two sources familiar with the situation told Reuters. According to one of the sources, a deal has already been worked out and could be announced at a Telecom Italia board meeting on Friday.
Tags: american
sell
italia
brazil
The Cola-Cola Co to sell Fairlife Ultra-Filtered at double price of milk
2014-11-21 13:59:00| Daily beverage news and comment - from just-drinks.com
The Coca-Cola Co has revealed details on its upcoming dairy beverage launch, saying Fairlife Ultra-Filtered Milk will sell for twice the price of regular milk.
Telecom Italia likely to sell Brazil towers to American Tower-sources
2014-11-21 12:33:13| Telecom - Topix.net
Telecom Italia will likely sell the mobile phone towers of its Brazilian unit to American Tower Corp for almost the full targeted amount of 900 million euros , two sources familiar with the situation told Reuters. According to one of the sources, a deal has already been worked out and could be announced at a Telecom Italia board meeting on Friday.
Tags: american
sell
italia
brazil
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