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Insider Buying: Carol B. Armitage Buys 2,000 Shares of Windstream Holdings Stock

2015-06-08 20:26:20| Grocery - Topix.net

Windstream Holdings Director Carol B. Armitage bought 2,000 shares of the company's stock on the open market in a transaction that occurred on Friday, June 5th. The stock was purchased at an average cost of $7.60 per share, with a total value of $15,200.00.

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Diageo buys US$10m Plainfield plot

2015-06-08 17:26:00| Daily beverage news and comment - from just-drinks.com

Diageo has purchased a 37-acre plot of land adjacent to its existing manufacturing facility in Plainfield, Illinois for US$10m.

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Advanced Disposal Buys Illinois Disposal Management Systems

2015-06-08 07:33:00| Waste Age

Advanced Disposal has acquired waste and recycling firm Disposal Management Systems Inc., based in Schaumburg, Ill., for an undisclosed amount. read more

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Who Buys Micron?

2015-06-07 00:05:41| Semiconductors - Topix.net

China has declared the semiconductor business a strategic business. A general semiconductor industry without a memory component is a weak hand.

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Millicom buys 85% stake in Zantel with plans to deploy 4G

2015-06-05 09:18:00| Telecompaper Headlines

(Telecompaper) Millicom has agreed to buy an 85 percent stake in Tanzanian operator Zanzibar Telecom (Zantel) from the Etisalat Group. Under the terms of the agreement, Millicom will pay a total cash consideration of USD 1 dollar and assume total debt obligations of USD 74 million. In addition, Zantel will have up to USD 32 million in net current liabilities at closing. Millicom expects the EBITDA of Zantel to reach USD 25 million through a combination of bringing new products and services to the existing customer base and delivering greater efficiencies. The acquisition agreement allows for an adjustment to the total consideration if that target is not reached by the end of 2019. Millicom intends to retain and continue to operate the Zantel brand, while delivering cash flow growth by leveraging technical and operational efficiencies. The company plans to roll out 4G coverage and access more bandwidth capacity via the undersea fibre optic cable EASSy. Millicom has arranged with a leading international bank, the provision of a USD 100 million 5-year credit facility for Zantel.

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