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1-10 results from 1000 for query «debt»

January 17, 2018 1:35 AM Miramax bid for Weinstein Co. complicates sale process: LA Times

(Reuters) - An attempt by Qatar-owned film company Miramax to buy Weinstein Co. has complicated plans to sell the studio to a group of investors led by former Obama administration official Maria Contreras-Sweet, the Los Angeles Times reported on Tuesday, citing people familiar with the matter. In November, Contreras-Sweet put together a consortium of investors 15

January 15, 2018 5:30 AM SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

TOKYO (Reuters) - SoftBank Group Corp (9984.T) said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate’s transformation into one of the world’s biggest tech investors. A spin-off - potentially the biggest IPO by a Japanese company in nearly two decades 17

January 15, 2018 1:58 AM SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate’s transformation into a global technology investor. The parent will sell some 30% of SoftBank Corp. It plans to apply to the Tokyo Stock Exchange for the IPO as early 19

January 3, 2018 1:38 PM Venezuela Misses Another Debt Payment, Raising Stakes for Bondholders

Latin American nation has $9 billion in bond payments due in 2018 Venezuela has defaulted on another debt obligation, according to S&P Global Ratings, intensifying investor fears about the country’s ability to make more than $9 billion in bond payments due in 2018. The ratings firm said Tuesday that Venezuela failed to make $35 million in coupon payments 2

January 3, 2018 1:05 PM Dominion Energy to buy Scana Corp in $14.6 billion deal

(Reuters) - Dominion Energy Inc (D.N) said on Wednesday it would buy troubled utility Scana Corp (SCG.N) in an all-stock deal worth about $14.6 billion, including debt. Scana shareholders will receive 0.6690 shares of Dominion Energy for each share held, or the equivalent of about $55.35. The offer represents a premium of 42.4 percent to Scana’s Tuesday 25

December 31, 2017 5:08 PM Gov. Cuomo proposes measures to fight burden of student debt

Gov. Cuomo proposes measures to fight burden of student debt Gov. Andrew Cuomo is proposing measures to fight the crushing burden of student loan debt. The Democratic governor says his proposed reforms build on the Excelsior Scholarship, which makes New York's public universities tuition-free for middle class families. Cuomo proposes creating a student 24

December 29, 2017 5:01 AM India's Reliance Jio to buy RCom's wireless assets in $3.75 billion deal: sources

MUMBAI (Reuters) - Debt-laden Reliance Communications has signed a deal to sell its wireless assets to Reliance Jio Infocomm, for a total value of nearly 240 billion rupees ($3.75 billion), two sources familiar with the matter told Reuters on Friday. The two companies had announced late on Thursday that Reliance Communications, backed by businessman 23

December 26, 2017 9:31 PM Mallinckrodt to Buy Sucampo Pharmaceuticals for About $840 Million

Acquisition will bolster Mallinckrodt’s rare disease pipeline, add Sucampo’s Amitiza to portfolio Mallinckrodt PLC has agreed to buy Sucampo Pharmaceuticals Inc. for about $840 million, as the U.K-based drug giant looks to diversify its portfolio after regulatory scrutiny hurt its opioid sales. The companies said Tuesday that a Mallinckrodt subsidiary 22

December 20, 2017 8:40 PM Brazil’s Oi Creditors Agree to Rescue Plan That Slashes Debt, Injects Cash

Creditors could get up to a 75% stake in restructured telecommunications company SÃO PAULO—Brazilian telecommunications company Oi SA., which last year filed Latin America’s largest-ever corporate bankruptcy, said Wednesday its creditors approved a rescue plan that would cut its $20 billion debt with a restructuring that could give the creditors up to a 75% stake 17

December 19, 2017 9:34 PM New South Africa Party Chief Faces Economic Challenge

Pressures to rein in spending, help poor black majority bind ANC leader Cyril Ramaphosa JOHANNESBURG—Investors and CEOs rallied around the African National Congress’s new party chief Tuesday, but the union-leader-turned-tycoon will have to balance pressures to reduce South Africa’s debt and boost growth with his own party’s demands for policies directly 15