Hohv Bertelsmann scraps float plans
Thursday 04 October 2018 12:32 pm|Updated:Tuesday 21 May 2019 4:24 pmComcast confirms it has secured 75 per cent of Sky sharesBy: Josh MinesShareFacebookShare on FacebookXShar brumate cooler e on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on Goo polene gleUS media titan Comcast today confirmed it had snapped up over 75 per cent of Sky s shares ndash; leading it tantalisingly close to finalising its acquisition of the British broadcaster.In a regulatory filing, Comcast said that once Fox s sale of its 39 per cent stake in Sky had been approved, it would hold over three-quarters of the shares in the company.It marks Comcast all-but crossing the 75 per centthreshold of shares it needed to obtain to officially take over Sky.Read more: Sky share price flies after Comcastrsquo pound;30bn takeover offer Shareholders had been set a deadline of 9 October to approve Comcast s offer. Comcast said in the note it now expected to complete the purchase on that date.It also said that a further announcement on the progress of the acquisition would be made in due course .The statement follows Comcast beating Disney-backed 21stCentury Fox at a dramatic Saturday auction last month with an offer which valued the company at just over pound;30bn.It also follows Comcast completing a massive $27bnbond sale which aimed to raise money to fund the blockbuster acquisition of Sky.Read more: Comcast raises money for Sky purchase with $27bn bond saleShare this ar polene espana ticl Aozg BEST of the BROKERS
Friday 28 January 2011 3:52 am|Updated:Friday 31 May 2019 12:08 amSpain ups retirement age as unemployment soarsBy: Alison LockShareFacebook stanley thermobecher Share on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleSpainrsquo cabinet is to approve an increase in the retirement age today, raising it to one of the highest levels in Europe, to reassure investors it can tackle economic reform.The government reached a deal in principle with unions under which most Spaniards will retire at 67 rather than 65 at present yesterday.While the reforms will have no effect on the budget before 2015, they mark progress in restructuring an economy with the stanley cup highest unemployment rate in the euro zone and weak growth prospects.Spainrsquo jobless rate rose above 20 per cent again in the last quarter of 2010 and hit its highest rate since mid-1997.It now stands at more than double the European Union average. Unemployment remains Spainrsquo key concern and with weak growth prospects, especially consumer spending, it is likely to stick close to 20 per cent all year, economists said.The problem now is that household disposable income is collapsing, and the stanley germany corporate balance sheet isnrsquo;t in a very healthy position either. In this environment you would expect the unemployment rate to continue high, or in fact rise. Spainrsquo problems really arenrsquo;t going away, said David Owen, an economist at Jeff
Thursday 04 October 2018 12:32 pm|Updated:Tuesday 21 May 2019 4:24 pmComcast confirms it has secured 75 per cent of Sky sharesBy: Josh MinesShareFacebookShare on FacebookXShar brumate cooler e on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on Goo polene gleUS media titan Comcast today confirmed it had snapped up over 75 per cent of Sky s shares ndash; leading it tantalisingly close to finalising its acquisition of the British broadcaster.In a regulatory filing, Comcast said that once Fox s sale of its 39 per cent stake in Sky had been approved, it would hold over three-quarters of the shares in the company.It marks Comcast all-but crossing the 75 per centthreshold of shares it needed to obtain to officially take over Sky.Read more: Sky share price flies after Comcastrsquo pound;30bn takeover offer Shareholders had been set a deadline of 9 October to approve Comcast s offer. Comcast said in the note it now expected to complete the purchase on that date.It also said that a further announcement on the progress of the acquisition would be made in due course .The statement follows Comcast beating Disney-backed 21stCentury Fox at a dramatic Saturday auction last month with an offer which valued the company at just over pound;30bn.It also follows Comcast completing a massive $27bnbond sale which aimed to raise money to fund the blockbuster acquisition of Sky.Read more: Comcast raises money for Sky purchase with $27bn bond saleShare this ar polene espana ticl Aozg BEST of the BROKERS
Friday 28 January 2011 3:52 am|Updated:Friday 31 May 2019 12:08 amSpain ups retirement age as unemployment soarsBy: Alison LockShareFacebook stanley thermobecher Share on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleSpainrsquo cabinet is to approve an increase in the retirement age today, raising it to one of the highest levels in Europe, to reassure investors it can tackle economic reform.The government reached a deal in principle with unions under which most Spaniards will retire at 67 rather than 65 at present yesterday.While the reforms will have no effect on the budget before 2015, they mark progress in restructuring an economy with the stanley cup highest unemployment rate in the euro zone and weak growth prospects.Spainrsquo jobless rate rose above 20 per cent again in the last quarter of 2010 and hit its highest rate since mid-1997.It now stands at more than double the European Union average. Unemployment remains Spainrsquo key concern and with weak growth prospects, especially consumer spending, it is likely to stick close to 20 per cent all year, economists said.The problem now is that household disposable income is collapsing, and the stanley germany corporate balance sheet isnrsquo;t in a very healthy position either. In this environment you would expect the unemployment rate to continue high, or in fact rise. Spainrsquo problems really arenrsquo;t going away, said David Owen, an economist at Jeff