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Independent News to raise 43 mln euro to protect cornerstone APN stake

Independent News to raise 43 mln euro to protect cornerstone APN stake

By Paul McBeth Nov. 22 (BusinessDesk) - Ireland’s Independent News & Media is seeking 43 million euros of fresh capital from new and existing investors as it works through the final phases of a multi-year debt restructuring plan to protect its cornerstone stake in APN News & Me...

22 Nov 2013
Second spectrum auction favours Vodafone, says new 2degrees director

Second spectrum auction favours Vodafone, says new 2degrees director

By Pattrick Smellie Nov. 22 (BusinessDesk) – Vodafone is favoured by the government’s decision to press on with the second 4G mobile spectrum auction in two months to dispose of the two “pairs” of 700 Megahertz spectrum in last month’s bidding round, says newly appointed 2 degr...

22 Nov 2013
CORRECT Warehouse warns margin squeeze, investment programme will trim first-half earnings

CORRECT Warehouse warns margin squeeze, investment programme will trim first-half earnings

(Fixes spelling of Graham Evans’ name in 2nd graph, updates share price in 6th graph) By Paul McBeth Nov. 22 (BusinessDesk) - Warehouse Group, the country’s biggest listed retailer, expects lower first-half earnings as margins at its flagship Red Sheds come under pressure and...

22 Nov 2013