Victoria’s $1.6 billion Port Capacity Project has been given the go-ahead following a decision by Planning Minister Matthew Guy to provide the planning approval for works to commence at Melbourne’s Webb Dock. The planning ...
Tags: Victoria, Port Capacity Project, Webb Dock
Communications regulator Ofcom has raised 2.34bn Euro in the much delayed 4G spectrum auction, more than £1bn less than the Office for Budget for Responsibility (OBR) had forecast. EE already holds 4G spectrum and is currently the ...
India’s Supreme Court has declined to alter its decision of changing Sistema‘s mobile licences for its mobile services joint venture, it was reported last week. The joint venture of the Russian conglomerate was one of several ...
Tags: India, Supreme Court, Sistema, mobile licences
In a conference call with investors Tuesday, executives at German steel giant ThyssenKrupp AG indicated their preference for cash offers over shares for either of the two mills--a slab-making plant in a Brazil and flat rolled mill in ...
Tags: Thyssenkrupp, Mineral, compamy news
After much time spent negotiating with investors who failed to find a rescue plan for integrator and reseller 2e2, the firm entered administration, and now its customers are looking to jump ship. Hundreds of jobs on the line as 2e2 ...
Tags: FTI consulting, outsourcing, SAP
Revenues at BT Group dropped in the three months to 31 December 2012, according to a statement released today, but the firm still managed to produce a profit thanks to cost cutting and lower operating costs. The statement presented ...
Tags: BT Group, operating costs, revenues
A consortium of two private-equity firms has emerged as the lead bidder for the majority of Hostess Brands' cake business, including the Twinkies brand. Apollo Global Management and Metropoulos submitted a US$410m offer for the Hostess ...
Hostess Brands, the bankrupt producer of bakery products in US, has selected affiliates of Apollo Global Management and Metropoulos as stalking horse bidders for majority of its snack cake business, including Twinkies brand. Apollo Global ...
The sharemarket rose for a 10th consecutive day, extending its longest winning streak since October 2003, as an improving global economic outlook continued to fuel demand for equities before the conclusion of a US Federal Reserve board ...
One of Canada's largest pension funds, the $117 billion Ontario Teachers Pension Plan, is one of eight final-round bidders to buy Leighton Holdings' national fibre-optic network operator, NextGen Networks. The fund was a successful bidder ...
Tags: Canada, Ontario Teachers Pension Plan, fibre-optic network
Hostess Brands has named McKee Foods and United States Bakery as the stalking horse bidders for its Drake's cake business and various bread brands. In a statement released late yesterday (28 January), Hostess said that McKee Foods has ...
Tags: Hostess Brands, McKee Foods, Horse Bidders
NatureSweet Limited, a US-based grower of fresh tomatoes, is planning to acquire all the assets of EuroFresh Farms, a US-based grower of greenhouse tomatoes and cucumbers. EuroFresh Farms grows its products in two greenhouses located in ...
Hostess Brands, the bankrupt producer of bakery products in US, has selected two stalking horse bidders, McKee Foods and United States Bakery, for its Drake's snack cake brand and Sweetheart, Eddy's, Standish Farms, and Grandma Emilie's ...
First Solar Inc of Tempe, AZ, USA, which manufactures thin-film photovoltaic modules based on cadmium telluride (CdTe), says it has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation (TRC) to purchase up to ...
Seven bidders are now competing to acquire new airwaves for 4G mobile broadband services. The bid will allow firms to have the ability to launch 4G mobile broadband services across the this year. The new spectrum is expected to boost the ...