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Oi approves PT Portugal sale to Altice
2014-12-09 09:14:00| Telecompaper Headlines
(Telecompaper) Brazilian operator Oi's board has approved the sale of PT Portugal to Altice. A week after agreeing exclusive talks with Altice, Oi agreed to the price of EUR 7.4 billion plus up to EUR 500 million based on the company's future revenue. Final approval of the sale will still depend on approval from shareholders of Portugal Telecom. The deal sees Oi left with only PT's assets outside Portugal, mainly in Africa and East Timor, as well as its debts, including what is owed to the company by Rio Forte, the bankrupt subsidiary of Espirito Santo. The Brazilian operator is expected to use the proceeds from selling the Portuguese assets for reducing debt and participating in the consolidation underway in the Brazil market.
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U.S. FDA approves Amgen leukemia drug ahead of schedule
2014-12-04 00:02:10| Biotech - Topix.net
U.S. health regulators on Wednesday approved an Amgen Inc drug that helps the immune system fight a rare type of leukemia, more than five months ahead of the expected decision date. The drug, blinatumomab, which will be sold under the brand name Blincyto, was approved to treat a form of acute lymphoblastic leukemia for which there are currently virtually no treatment options.
Worcester City Council approves purchase of surveillance cameras for 2 neighborhoods
2014-12-03 11:13:50| Railroads - Topix.net
Despite some residents' objections, the City Council has advanced a plan to install surveillance cameras in the Grafton Hill/Union Hill and Shrewsbury Street neighborhoods. The council voted unanimously Tuesday night to allot $54,000 for the purchase and installation of the cameras, which will be linked to the Police Department's Real Time Crime Center and its ShotSpotter gunshot detection system.
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NATO alliance approves rapid reaction force
2014-12-03 06:20:29| Trucking - Topix.net
NATO's chief says alliance f... . German Foreign Minister Frank-Walter Steinmeier, center, arrives for a round table meeting of the North Atlantic Council at NATO headquarters in Brussels on Tuesday, Dec. 2, 2014.
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NATO alliance approves rapid reaction force
2014-12-03 05:56:51| Air Courier - Topix.net
NATO's chief says alliance f... . German Foreign Minister Frank-Walter Steinmeier, center, arrives for a round table meeting of the North Atlantic Council at NATO headquarters in Brussels on Tuesday, Dec. 2, 2014.
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rapid
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alliance
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