May 19 (Reuters) - Hangzhou Huaxing Chuangye Communication Technology Co Ltd <300025.SZ>:Says it plans to acquire the rest of 49 percent stake in tech company for 539 million yuan ($78.23 million).Says it plans to raise up to 253.8 million yuan in share private placement to help fund acquisition.
May 19 (Reuters) - FREE2MOVE HOLDING AB :Q1 OPERATING LOSS SEK 2.5 MILLION VERSUS SEK 2.2 MILLION YEAR AGO.Q1 NET REVENUE SEK 1.1 MILLION VERSUS SEK 0.6 MILLION YEAR AGO.Q1 NET LOSS SEK 2.0 MILLION VERSUS LOSS SEK 2.1 MILLION YEAR AGO.
May 19 (Reuters) - ABERTIS INFRAESTRUCTURAS SA ::SAYS REACHED AGREEMENT WITH EUTELSAT TO ACQUIRE ITS 33.69 PCT STAKE IN HISPASAT FOR 302 MILLION EUROS.SAYS AS RESULT OF TRANSACTION WILL CONTROL 90.74 PCT OF HISPASAT.
May 19 (Reuters) - EUTELSAT :AGREEMENT REACHED WITH ABERTIS ON SALE OF EUTELSAT STAKE IN HISPASAT.EUTELSAT COMMUNICATIONS (PARIS:ETL) (EURONEXT PARIS:ETL) AND ABERTIS GROUP HAVE REACHED AN AGREEMENT ON SALE OF EUTELSAT'S 33.69% STAKE IN HISPASAT TO ABERTIS.AGREED PRICE FOR EUTELSAT'S STAKE IS EUR 302 MILLION, REPRESENTING AN EBITDA MULTIPLE OF 7.1X BASED ON HISPASAT'S 2016 RESULTS.FOLLOWS INITIATION OF PROCESS IN JULY 2016 WHEN EUTELSAT EXERCISED PUT OPTION GRANTED IN 2008 BY ABERTIS, HISPASAT'S MAJORITY SHAREHOLDER..CLOSING EXPECTED IN SECOND HALF OF CALENDAR YEAR 2017.
May 18 (Reuters) - Tanla Solutions Ltd :Says has recommended a dividend of inr 0.25 per equity share.March quarter net profit 153.1 million rupees versus loss 40.1 million rupees year ago.March quarter total income from operations 1.78 billion rupees versus 1.14 billion rupees year ago.Recommended final dividend of 0.25 rupees per share.
May 18 (Reuters) - SONAECOM SGPS SA ::SAID ON WEDNESDAY Q1 TURNOVER 36.1 MILLION EUROS VERSUS 29.8 MILLION EUROS YEAR AGO.Q1 NET PROFIT 4.5 MILLION EUROS VERSUS LOSS 12.4 MILLION EUROS YEAR AGO.Q1 EBITDA 6.8 MILLION EUROS VERSUS 4.5 MILLION EUROS YEAR AGO.
May 18 (Reuters) - Sky Network Television Ltd ::Co and Vodafone have filed an amended notice of appeal in high court.Amended notice against NZ commerce commission's decision not to clear companies' merger of their operating businesses in NZ.
May 17 (Reuters) - OSMOZIS SAS ::H1 REVENUE EUR 1.9 MILLION, UP BY 8.4 PERCENT.H1 NET LOSS GROUP SHARE EUR 1.1 MILLION VERSUS LOSS OF EUR 0.7 MILLION YEAR AGO.H1 OPERATING LOSS EUR 1.7 MILLION VERSUS LOSS OF EUR 1.0 MILLION YEAR AGO.FORECASTS CONTINUATION OF DYNAMICS OF GROWTH IN H2.
May 17 (Reuters) - MTN Group Ltd ::MTN acknowledges receipt of fine notification from Rwanda utilities regulatory authority.MTN Rwanda has received official notification of a fine equivalent to us$ 8,5 million from rwanda utilities regulatory authority (RURA).Fine relates to non-compliance with directives issued by regulator prohibiting inclusion of mtn rwanda in MTN South and East Africa (sea) it hub based in Uganda.MTN rwanda is currently studying official notification and will continue to engage with regulator on this matter.MTN has been engaging with regulator on this matter over past four months..