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today in the press - where to buy a smart board
Eircom is expected to issue 350 euros
According to the Irish Times, Eircom is expected to launch at least 350 euros of allotment shares next week when it announces its plan to acquire Meteor for 420 euros.
After the only other buyer, Smart Telecom, announced yesterday to withdraw from the bidding, the company is in a favorable position to acquire the smallest mobile operator in the Republic.
The owner of Meteor, US operator Western Wireless, is selling the Irish business as part of the saleoff of all non-
US mobile operators
It invited bids four weeks ago and the results are expected to be announced by the end of the month.
It is understood that Smart has submitted a bid of 435 m.
The company said in a statement that its board of directors and its partner Virgin Mobile have decided that the transaction is no longer in the interests of the company or shareholders.
Their exit means that the price of Meteor will reach 420 euros, and it is understood that Eircom has already offered to acquire the mobile telecom company.
Sources said yesterday that Eircom wanted to announce the deal and its accompanying rights issues at Monday's annual general meeting.
Hilton Sofia hotels by Sean Quinn-
The Irish Independent says Calvin-
Headquarters billionaire Sean Quinn is about to buy 246
Hilton Sofia hotel in Bulgaria costs between € 40 and € 60.
A spokesman for the Quinn Group confirmed: "We are in the process of negotiating the purchase of the Hilton hotel in Sofia.
He said he was unable to comment further on deals that could take weeks to complete. The 246-
In 2001, the Hilton Sofia hotel in Bulgaria was built for $43.
Its occupancy rate last year was 58%.
The hotel earned € 7 in 2003.
Profits of six million and two million euros.
2004 of the data has not yet been released.
Hilton Group has signed 20-
Annual management contract (
Most of them still have to run)with the hotel.
It has established relationships with the Quinn Group in Prague, where it operates a hotel.
Alan Heins, senior management of Quinn Group, attended the annual shareholders meeting of Sofia hotel shareholders, and it was reported that the transaction was about to be concluded.
Gloria Jean will buy Starbucks to capture the Irish market
Gloria Jean's coffee program competesto-
The Irish Examiner wrote that Starbucks is the leader in the Irish coffee shop market.
Gloria Jean coffee's Irish franchise has been taken over by noryn Duffy, glorjean Ltd. cork's managing director, she plans to increase the company's franchise cafes in Ireland from 5 to 30 over the next three years.
MS Duffy says they want to hire 240 people in 30 franchises
The cafes operated generate a total turnover of more than 15 million euros in the next three years.
Sales of roasted coffee beans directly to the public accounted for 10% of total sales.
The Irish coffee house market is highly competitive, and several chain stores, including Costa Coffee, insomnia and Sol cafe, are already operating here.
However, MS Duffy points out that Gloria Jean's 278 cafes have managed to dominate the Australian market compared to Starbucks's 45.
Abu is closer to selling shares in Sibneft
Abu tried to withdraw from the Russian oil industry with a huge cash windfall, and after he and his partners successfully obtained a stake in the oil giant Sibneft he controlled, he received a significant boost, according to the London Independent, it has returned to a more market-oriented level.
Their shares used to be 57.
5%, but has now risen to 72%, with market watchers saying the share could be at least $10 billion and allowing Chelsea football club owners to get rid of it in a legal and easy way
The desire of the oligarchs to sell Russia's fifth largest bank, Sibneft
The biggest oil producer, not a secret, is widely reported to be in high-level talks with the country
Gazprom is the world's largest producer of natural gas.
Shell is also likely to join as a minority partner. With about $14.
7 billion in his name, the argument is that Mr Abu does not need to be linked to a politically sensitive company.
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