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AUSTRALIA: Woolworths investors approve David Jones takeover

2014-06-18 13:30:00| Daily apparel & textile news and comment - from just-style.com

Shareholders of South African retail group Woolworths have approved a AUD2.15bn (US$2.02bn) takeover of Australian department store operator David Jones.

Tags: david australia jones investors

EU set to approve Telefonica, E-Plus deal - report

2014-06-16 17:54:00| Telecompaper Headlines

(Telecompaper) EU anti-trust regulators will approve Telefonica's proposed takeover of German rival E-Plus after it pledged to give up one fifth of the combined group's network capacity to MVNOs, reports Reuters citing unnamed sources with knowledge of the matter. One source said that the EC would clear the deal, with others adding that the aim was to create up to three MVNOs to replace E-Plus. After merging E-Plus and O2, Telefonica will be expected to lease at least 20 percent of the combined group's network capacity to MVNOs, the report said. Similar conditions were imposed when 3 Group acquired Orange Austria and O2 Ireland.

Tags: set report deal approve

Chesapeake shareholders approve big governance reforms

2014-06-14 12:59:55| Oil & Gas - Topix.net

Chesapeake Energy Corp shareholders on Friday approved a series of reforms that included the elimination of three-year terms for directors, deepening an overhaul that began in the months preceding the 2013 ouster of former Chief Executive Officer Aubrey McClendon .

Tags: big approve governance shareholders

Grocery workers approve new contract with Schnucks, Dierbergs, Shop 'n Save

2014-06-12 14:46:01| Grocery - Topix.net

In a secret ballot, members of United Food & Commercial Workers Local 655 approved a three-year contract with Dierbergs, Schnucks and Shop 'n Save stores.

Tags: shop save contract workers