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NBN scuttles Telstra's A$5.5bn securitisation plan
2017-08-30 02:00:00| Total Telecom industry news
NBN on Wednesday said it would not consent to Telstra's plan to generate up to A$5.5 billion in cash from its predicted future revenues from the national broadband network project. The decision is a blow to Australia's telecoms incumbent, which had planned to return the bulk of the sum raised to shareholders…read more on TotalTele.com »
Tags: plan
securitisation
scuttles
telstras
Buy American Rule Scuttles Prince Rupert Ferry Terminal Project
2015-01-27 20:32:06| ENR.com: Headline News
Alaska DOT cancelled bidding process for a ferry terminal in British Columbia after Canadanians vigorously reject attempts to impose Buy America provisions.
Tags: buy
american
project
rule
Salix Pharma scuttles Cosmo Technologies merger
2014-10-03 17:20:28| Biotech - Topix.net
Salix Pharmaceuticals is scrapping its merger with the subsidiary of an Italian drugmaker after the U.S. created new limitations on the tax benefits of incorporating overseas. Shares of the Raleigh, North Carolina, drugmaker jumped almost 6 percent Friday morning before markets opened and after Salix said that a transformed political environment has created more uncertainty about the benefits they had expected to achieve from the deal, first announced in July.
Tags: technologies
merger
pharma
cosmo
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