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Efftec International, Inc. Announces Asset Sale and Updates Shareholders on Current Activities

2013-10-07 18:21:58| Waste Management - Topix.net

After many months of appropriate diligence between the two companies, Efftec and Hudson executed the sale of the Efftrack suite for a total purchase price of $750,000.00.

Tags: international current sale activities

 

Harris Teeter shareholders vote on Kroger deal

2013-10-03 23:00:29| Grocery - Topix.net

A shareholder vote on Thursday morning gave Kroger Co. the go-ahead for its deal to buy North Carolina-based Harris Teeter Supermarkets Inc. A shareholder vote on Thursday morning gave Kroger Co.

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Harris Teeter shareholders approve sale to Kroger

2013-10-03 18:51:01| Grocery - Topix.net

The approval by 83 percent of Harris Teeter shareholders moves the $2.4 billion deal one crucial step closer to completion.

Tags: sale harris approve shareholders

 

KPN shareholders to vote on E-Plus sale

2013-10-02 18:37:46| Telecom - Topix.net

Shareholders of Dutch telecom Royal KPN NV are set to vote Wednesday on the sale of the company's German mobile subsidiary E-Plus for $11.4 billion to Telefonica SA at a meeting that may be overshadowed by wider questions about KPN's fate.

Tags: sale vote shareholders kpn

 

KPN shareholders approve E-Plus sale to Telefonica

2013-10-02 16:22:00| Telecompaper Headlines

(Telecompaper) The shareholders of KPN have approved the sale of the Dutch operator's German mobile operator E-Plus to Telefonica. KPN is selling the German unit for EUR 8.55 billion, including EUR 5 billion cash and a 20.5 percent stake in the new company created from the merger of E-Plus with Telefonica Deutschland (O2 Germany). The merger of the number three and four players on the German mobile market will allow the companies to approach the market share of leaders Telekom Deutschland and Vodafone. According to research by Telecompaper, E-Plus and O2 had 38.5 percent of customers at the end of June 2013, compared to 33 percent for Telekom and 31.5 percent for Vodafone. In terms of service revenues, the combined group would still be in third place, just behind Telekom and Vodafone. Completion of the sale still depends on regulatory clearance. KPN CEO Eelco Blok said at the EGM that this is expected by mid-2014. KPN secured the approval of a majority of shareholders, including notably its largest shareholder America Movil, after agreeing to increase the value of the deal with Telefonica, from an initial price of EUR 8.1 billion.

Tags: sale approve shareholders telefonica

 

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