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Flowserve Corp Announces USD 9 Million Valve Order From Nickel Processing Plant

2013-03-25 06:04:14| chemicalonline News Articles

Flowserve Corporation FLS +0.02% a leading provider of flow control products and services for the global infrastructure markets announced that it has received orders totaling more than USD 9 million for a range of valves serving a new nickel ore processing facility located in Long Harbour, Newfoundland, Canada

Tags: order million processing usd

 

Flowserve Corp Announces USD 9 Million Valve Order From Nickel Processing Plant

2013-03-25 06:04:14| chemicalonline News Articles

Flowserve Corporation FLS +0.02% a leading provider of flow control products and services for the global infrastructure markets announced that it has received orders totaling more than USD 9 million for a range of valves serving a new nickel ore processing facility located in Long Harbour, Newfoundland, Canada

Tags: order million processing usd

 
 

Liberty Media buys 27.3% in Charter for USD 2.62 bln

2013-03-20 09:01:00| Telecompaper Headlines

(Telecompaper) Liberty Media has agreed to buy a 27.3 percent stake in cable company Charter Communications for USD 2.617 billion. The company controlled by John Malone will pay USD 95.50 per share to acquire 26.9 million shares and 1.1 million warrants from Charter's shareholders Apollo Management, Oaktree Capital Management and Crestview Partners. Liberty expects to fund the purchase with a combination of cash on hand and new loan arrangements. The deal should close early in Q2. Liberty Media will have the right to four seats on the Charter board after the acquisition. Chairman Malone, Liberty Media CEO Gregory Maffei, Liberty Global CTO Nair Balan, and Michael Huseby, CFO of Barnes & Noble, are expected to take up the seats, replacing Stan Parker, Darren Glatt, Bruce Karsh and Edgar Lee. Liberty Media also agreed to not increase its stake in Charter above 35 percent until January 2016 and 39.99 percent thereafter.

Tags: media usd charter liberty

 

Millicom targets annual revenues of USD 9 billion in 5 yrs

2013-03-06 11:25:00| Telecompaper Headlines

(Telecompaper) Millicom has disclosed its strategy to grow revenues over five years to over USD 9 billion annually. Millicom plans to focus on widening its portfolio of digital services in emerging markets such as Africa and Latin America. The company outlined five pillars on which its future direction will rest, nemly mobile, mobile financial services (MFS), broadband cable and TV, digital commerce & services, and cost and capex optimization.

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Beats raises USD 60 mln for music service, meets with Apple

2013-03-06 11:06:00| Telecompaper Headlines

(Telecompaper) Headphones company Beats Electronics has raised USD 60 million from Len Blavatnik, James Packer and other investors to spin off a music subscription business which is using the working name "Daisy", reports the Financial Times. Beats recently purchased digital music service MOG and hired Topspin Media founder Ian Rogers as CEO. Its chief creative officer is Nine Inch Nails frontman Trent Reznor. Beats intends to launch its music subscription later this year, Blavatnik said. Beats has also held talks with Apple executives about a possible partnership with Daisy, Reuters reported. Apple CEO Tim Cook and the company's head of internet products, Eddy Cue, met Iovine in late February to find out more about Project Daisy, three people familiar with the matter told Reuters. Cook expressed interest in Daisy's rollout plans and business model, but did not discuss specifics of a deal. Although Beats would not comment on the meeting with Apple, a spokesman told the Financial Times that Beats co-founder Jimmy Iovine has had a long relationship with the group.

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