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Embattled ZTE seeks $10.7 billion credit line, nominates 8 board members

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: reutersJun 14th, 2018

Embattled ZTE seeks more than $10 billion in credit

Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: moneycentralJun 14th, 2018

Embattled ZTE proposes $10.7 billion credit proposal, new board

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: reutersJun 14th, 2018

ZTE Corp. proposes new financing plan, nominates eight board members

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 14th, 2018

Shareholder suit attacks Musk"s pay, seeks to overhaul Tesla board

Elon Musk's multi-billion dollar compensation package should be rescinded and the board of Tesla Inc should be overhauled to better protect investors in the electronic car company, according to a law suit filed by a shareholder on Thursday......»»

Category: topSource: moneycentralJun 8th, 2018

Argentina strikes $50 billion financing deal with IMF

The International Monetary Fund is stepping in to help Argentina with a $50 billion line of credit......»»

Category: topSource: cnnJun 7th, 2018

IMF, Argentina Agree on $50 Billion Bailout Deal

The International Monetary Fund and Argentina have reached an agreement for a credit line that the South American nation will use to stem a decline in the value of its currency......»»

Category: topSource: wsjJun 7th, 2018

Munjals-Burmans bid opted due to certainty, liquidity issues: Fortis

While five board members had voted in favour of the Rs 18 billion offer, three members had opted for other offers out of the four binding bids that Fortis Healthcare had received.....»»

Category: topSource: business-standardMay 11th, 2018

Argentina Seeks Credit Line From IMF

Argentina‚Äôs government has begun talks with the International Monetary Fund for a credit line as the administration of President Mauricio Macri seeks to contain a steady depreciation of the local currency......»»

Category: topSource: wsjMay 8th, 2018

Xerox CEO to resign after agreement with Carl Icahn

Jeff Jacobson and six board members will step down to settle a suit brought by activist shareholders who opposed a $6.1 billion deal with Fujifilm.....»»

Category: topSource: moneycentralMay 2nd, 2018

Carl Icahn Ousts Xerox Boss, Putting $6.1 Billion Fujifilm Deal in Limbo

The resignations include CEO Jeffrey Jacobson and Chairman Robert Keegan. Xerox Corp.'s top executive and six board members agreed to step down in a victo.....»»

Category: europeSource: fortuneMay 2nd, 2018

Xerox CEO to resign after agreement with Icahn over proposed Fujifilm merger

Jeff Jacobson and six board members will step down to settle a suit brought by activist shareholders who opposed a $6.1 billion deal with Fujifilm.....»»

Category: topSource: moneycentralMay 2nd, 2018

Xerox CEO to resign after agreement with Carl Icahn over proposed Fujifilm merger

Jeff Jacobson and six board members will step down to settle a suit brought by activist shareholders who opposed a $6.1 billion deal.....»»

Category: topSource: usatodayMay 2nd, 2018

Xerox CEO quits in settlement with shareholders over Fujifilm deal

(Reuters) - Xerox Corp said its CEO and several board members will step down to settle a suit brought by activist shareholders who had opposed a $6.1 billion deal with Japan's Fujifilm Holdings ......»»

Category: topSource: reutersMay 1st, 2018

Amazon boosts credit line by $4 billion ahead of HQ2 decision, rumors of Boeing jet order

Amazon disclosed the massive addition to its credit lines in a U.S. Securities and Exchange Commission document filed late Friday......»»

Category: topSource: bizjournalsApr 27th, 2018

Port of Brownsville move $1.6 billion steel mill project forward

The Port of Brownsville has entered into a optional lease that could help it land a $1.6 billion steel mill. During their Tuesday afternoon meeting, members of the Brownsville Navigation District Board of Commissioners signed an option agreement with Ar.....»»

Category: topSource: bizjournalsApr 24th, 2018

Elliott proposes "accelerate Hyundai" changes

(Reuters) - Activist investor Elliott Management Corp on Monday proposed the addition of three independent members to the board of Hyundai Motor Group in a document laying out its agenda after taking a more than $1 billion stake in the carmaker......»»

Category: topSource: reutersApr 23rd, 2018

Fox Board Meeting to Consider Comcast Bid - Variety

VarietyFox Board Meeting to Consider Comcast BidVarietyThe board of 21st Century Fox will weigh Comcast's $65 billion bid to buy most of its fil.....»»

Category: topSource: googlenewsJun 16th, 2018

Siemens wins $2 billion contract to build new London Tube trains

LONDON (Reuters) - A division of Germany's Siemens has been awarded a contract worth about 1.5 billion pounds ($2 billion) to design and build 94 new generation trains for the Piccadilly Line on London's metropolitan train network, known as the Tube......»»

Category: topSource: reutersJun 16th, 2018

Fox board to weigh $65 billion Comcast bid on Wednesday, sources say

Rupert Murdoch and the 21st Century Fox I.....»»

Category: topSource: chicagotribuneJun 15th, 2018

Americans could pay $2.2 billion more on their credit-card debt after Fed rate hike

What the Fed rate hike means for your credit-card bill......»»

Category: topSource: marketwatchJun 14th, 2018