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Bell secures competition approval for Astral takeover

2013-03-05 08:50:00| Telecompaper Headlines

(Telecompaper) Bell Canada had received clearance from competition authorities for its takeover over Astral Media. The transaction also requires approval by the Canadian Radio-television and Telecommunications Commission (CRTC). The Competition Bureau's approval is the result of an agreement under which Bell will sell a number of Astral TV services. Bell Media will retain the French-language SuperEcran, CinePop, Canal Vie, Canal D, VRAK TV and Z Tele, and the English-language services The Movie Network, which includes HBO Canada and TMN Encore. The divestitures respond to public interest concerns, including TV viewership share, identified by the CRTC in its October 2012 decision rejecting Bell's original application seeking approval of the Astral transaction. Overall, the divestitures will result in Bell Media having a French-language viewing share of 23.0 percent, below competitor Quebecor's 30.5 percent share. In English-language viewership, Bell Media will have a 35.7 percent share, 2.0 percent more than its current share. Bell Media first announced the takeover in March 2012 for CAD 3.38 billion and now expects to close the deal by June.

Tags: approval competition bell takeover

 

AMEC secures contract for Clair Ridge field, North Sea

2013-03-05 01:00:00| Offshore Technology

UK-based engineering and project management company AMEC has received a 68m contract from BP and its partners, Shell, ConocoPhillips and Chevron, to provide hook up and commissioning services (HUC) for two new Clair Ridge platforms, in the North Sea

Tags: north field sea contract

 
 

Nam Cheong secures Bumi Armada MPSV order

2013-03-04 01:00:00| Ship Technology

Bumi Armada's subsidiary Armada Offshore MPSV has finalised a $130m contract with Malaysia-based shipbuilder Nam Cheong to build four multi-purpose platform support vessels (MPSVs).

Tags: order armada secures bumi

 

Pringles Secures its Market Share With New Flavours

2013-03-01 13:48:35| Agriculture - Topix.net

PringlesA , the Kellogg's - owned snack, is seeking to burst open the savoury snacks category even further, with the introduction of new flavours, Roast Chicken and Herbs for the UK and , Cheddar Cheese across the Arabian Peninsula and an upgrade to national flavour favourite, Sour Cream & Onion.

Tags: share market market share secures

 

Park Avenue at Morris County Secures More than 24,000SF in New, Renewed Leases

2013-03-01 03:28:00| National Real Estate Investor

Tags: new park county avenue

 

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