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GGP Buys the Last of its Shares from Bill Ackman

2014-02-11 16:31:00| National Real Estate Investor

The REIT bought back 28 million shares from Pershing Square Capital for $556 million. TrafficCourt read more

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Real estate trust buys Seaport towers for $1.1b

2014-02-11 16:03:51| Real Estate - Topix.net

The sale comes about a week after Vertex, which relocated from Cambridge, formally opened its new home office in the Seaport District.

Tags: real estate real estate trust

 
 

Scrap Metal Firm Buys Two Auto Recycling Yards

2014-02-10 15:47:00| Waste Age

Scrap Metal Services LLC (SMS) has purchased two auto scrap yard firms in Indiana and Michigan for an undisclosed amount. read more

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Deutsche Telekom buys up rest of T-Mobile Czech Republic

2014-02-10 11:03:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has agreed to buy the remaining 39.23 percent in T-Mobile Czech Republic it does not yet own for EUR 0.8 billion. The minority stake is held by a consortium of investors led by funds managed or advised by private equity group Mid Europa Partners. Claudia Nemat, DT board member in charge of European operations, said the acquisition is "a natural step towards optimizing our portfolio", and the Czech Republic is important to the company due to its size and structure. The buy-out follows the integration of T-Systems into the T-Mobile operations in Czech Republic and the recent acquisition of Central European operator GTS. The deal will also increase profits at the Czech unit, as it no longer needs to pay dividends to the minority shareholders. T-Mobile Czech Republic is already fully consolidated by Deutsche Telekom, so the transaction will have no impact on group revenue and EBITDA. No regulatory approval is required to complete the acquisition. 

Tags: rest republic deutsche czech

 

Deutsche Telekom buys remainder of T-Mobile Czech unit: Source

2014-02-10 09:02:14| Telecom - Topix.net

Deutsche Telekom is acquiring the 40-percent stake in T-Mobile Czech Republic from investors Mid Europa Partners and Al Ain, the source said on the condition that he not be identified because the matter is confidential, confirming a report in Germany's Manager Magazin Online.

Tags: source unit deutsche czech

 

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