POST Online Media Lite Edition



 

Companies : Page 2701

Virgin Media to invest £3 billion in broadband, employ 6,000

February 14, 2015
Virgin Media is embarking on Project Lightning, the single largest investment in broadband digital infrastructure in the country for more than a decade; creating thousands of new jobs in what will be a multi-billion pound boost to the national economy.

British Gas to acquire technology company AlertMe

February 14, 2015
British Gas is to acquire AlertMe, a UK-based company that creates products and services linked by the internet of things to enable connected homes.

Rolls-Royce sets up new regional subsidiary MTU Middle East

February 14, 2015
Rolls-Royce has set up MTU Middle East as a new regional sales and service subsidiary with head office in Dubai.

Expedia to buy Orbitz Worldwide in $1.6 billion worth transaction

February 14, 2015
Expedia, Inc. has entered into a definitive agreement under which it will acquire Orbitz Worldwide, Inc., including all of Orbitz Worldwide's brands, for $12 per share in cash, representing an enterprise value of approximately $1.6 billion.

FMCSA shuts down JDJD Transportation as an imminent hazard to public safety

February 14, 2015
The U.S. Department of Transportation's FMCSA has ordered Las Vegas, Nevada-based JDJD Transportation to immediately shut down following a federal investigation that revealed numerous widespread violations of critical safety regulations.

New Jersey BPU approves Exelon And Pepco Holdings merger

February 14, 2015
The New Jersey Board of Public Utilities (BPU) Commissioners approved the merger between Exelon Corporation (EXC) and Pepco Holdings (POM). The companies announced their proposed merger on April 30, 2014 and submitted their application to merge to the BPU on June 18, 2014.

American Express and CostCo U.S. partnership to end March 31, 2016

February 13, 2015
American Express Company announced that its U.S. co-brand and merchant acceptance agreements with Costco Wholesale Corporation are set to end on March 31, 2016.

Fonterra wants to buy 20 percent of China's Beingmate

February 13, 2015
New Zealand dairy giant Fonterra said it had lodged a partial tender offer to buy up to 20 percent of Chinese infant food maker Beingmate.

Barry Callebaut to invest $5.7 million in World's Finest Chocolate

February 13, 2015
The Barry Callebaut Group announced the signing of a new, long-term outsourcing agreement with World's Finest Chocolate, a family-owned business based in Chicago, Ill.

3D Systems has completed acquisition of Cimatron

February 13, 2015
3D Systems has completed its acquisition of all shares of Cimatron Ltd. for approximately $97 million, inclusive of Cimatron's net cash.

Southwest Airlines: More than $3.2 million in free flights

February 13, 2015
Southwest Airlines announced that 75 nonprofit hospitals and medical organizations from across the nation will benefit from the Southwest Airlines 2015 Medical Transportation Grant Program, with the total impact reaching 101 facilities.

UniCredit to sell UCCMB, including €2.4bn non-performing loans

February 13, 2015
UniCredit has signed an agreement with affiliates of Fortress Investment Group regarding: the sale to affiliates of Fortress of the entire participation of UniCredit in UniCredit Credit Management Bank (UCCMB), including a portfolio of non-performing loans of c. €2.4bn (gross book value).