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Dos Santos woos Oi, PT with possible capital hike to support bid

2014-12-15 15:47:08| Telecom - Topix.net

Angolan billionaire businesswoman Isabel dos Santos is ready to help capitalise Brazil's Oi if her bid for Portugal Telecom SGPS , a key Oi shareholder, is successful and Oi's planned sale of Portuguese assets does not go ahead. Mario Silva, board member and spokesman for dos Santos' Terra Peregrin company that last month made a 1.2 billion euro takeover bid for PT SGPS, told Reuters on Friday her company would consider a capital increase for debt-laden Oi and purchasing Oi shares if it wins.

Tags: to support dos capital

 

Michael Castor's Sio Capital Boosts Stake in this Biotech Stock

2014-12-12 01:59:23| Biotech - Topix.net

Michael Castor's SIO Capital Management has recently disclosed an increase in its exposure to Adamis Pharmaceuticals Corp . The fund declared ownership of 1.06 million shares as of October 15, while in its most recent 13G filing, it acknowledged holding 1.16 million shares of Common Stock, which account for 11.07% of the company's shares outstanding.

Tags: stock michael capital biotech

 
 

Orascom offloads assets to Accelero Capital

2014-12-10 01:00:00| Total Telecom industry news

Sawiris-owned telco sells VAS, advertising, content management units to Sawiris-owned investment firm for EGP140 million.

Tags: capital assets orascom offloads

 

Agriculture financial management: Working capital burn rate

2014-12-09 20:25:00| Corn & Soybean Digest

If your working capital burn rate is less than one year, it would be considered high risk. Above 3.5 years is indicative of a strong second line of defense and of course, between one and 3.5 years would be considered acceptable, but not stellar. To say the least, this winter and next year will be a balancing act as farmers juggle quickly converting liquid assets to cash to keep their businesses in operation. Road Warrior read more

Tags: management rate working capital

 

OSI Systems to Present at the Imperial Capital Security Investor...

2014-12-09 16:41:41| Electronics - Topix.net

OSI Systems, Inc . , today announced that it will be presenting at the 2014 Imperial Capital Security Investor Conference in New York.

Tags: present systems security capital

 

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