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Crown and Mother Earth Brew Co. Win IMDA 2015 Best of Category Award, Craft Cans, for Honcho Hefeweizen

2015-06-16 12:31:10| Industrial Newsroom - All News for Today

The International Metal Decorators Association (IMDA) recently held its Annual Conference at the Hilton Chicago/Indian Lakes Resort, May 20-21, 2015, and recognized CROWN Beverage Packaging North America and Mother Earth Brew Co. (Vista, CA) with a Best of Category award, Craft Cans, in its 19th Annual Excellence...

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Wireless REIT Crown Castle International: Solely Focused On U.S. Markets & Fiber

2015-05-17 09:58:52| Wireless - Topix.net

It's now official, wireless tower REIT Crown Castle International Corp will be solely focused on growing its U.S. wireless network, having announced the $1.6 billion sale of its Australian CCAL cell tower subsidiary on May 14, to a group led by Macquarie Group Ltd. According to the announcement, "CCAL was expected to contribute approximately US$58 million to US$63 million to Crown Castle's previously provided full year 2015 Outlook for Adjusted Funds from Operations of $1.450 billion to $1.465 billion, respectively." Crown Castle owns 77.6 percent of CCAL, and stands to net ~$1.3 billion USD based upon an exchange rate of 0.80 USD to 1.00 Australian dollar.

Tags: international wireless markets focused

 
 

Crown Castle sells Australian arm for A$2bn

2015-05-15 02:00:00| Total Telecom industry news

Macquarie-led group acquires 1,800 mobile sites as Crown Castle looks to U.S. investment.

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Macquarie to buy Crown Castle Australia for AUD 2 bln

2015-05-14 14:25:00| Telecompaper Headlines

(Telecompaper) Mobile towers operator Crown Castle announced an agreement to sell its Australian subsidiary to a consortium of investors led by Macquarie Infrastructure and Real Assets for AUD 2.0 billion in cash (USD 1.6 billion). Crown Castle will use the estimated net proceeds of USD 1.3 billion to finance its previously announced acquisition of Sunesys and paying down debt. US-based Crown Castle announced in February it was considering the sale of the Australian subsidiary CCAL, in which it owns 77.6 percent. CCAL is the largest independent tower operator in Australia with around 1,800 sites under management. It entered the Australian market in 2000, acquiring towers first from Optus and later from Vodafone and Hutchison, and also serves the NBN Co and emergency networks. The Australian company contributes around 4-5 percent of Crown Castle's estimated annual EBITDA. Macquarie is an Australia-based financial services company with investments in infrastructure throughout the world. 

Tags: buy australia crown castle

 

Crown Matting Technologies Delights Workers in Tough Environments

2015-05-14 12:31:10| Industrial Newsroom - All News for Today

Crown Matting Technologies' Workers-Delight mat is made for heavy-duty industrial settings where safety and ergonomics are a big concern.  The Workers-Delight is manufactured with highly energized Zedlan, our patented foam that combines softness with resilience, durability, and exceptional standing relief.  It...

Tags: technologies workers crown tough

 

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