Chelsea: Schurrle-deal done, de Bruyne joins Leverkusen in return
Andre Schurrle will join Chelsea in summer for a fee between 12 and 15 Million Euro. In return Chelsea-player Kevin de Bruyne, right now on loan at Bundesliga outfit Werder Bremen, will be transferred to Bayer Leverkusen.
Source: Bild
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Endō
Adcock fires back at Bidvest proposal
PHARMACEUTICAL group Adcock Ingram fired another volley in the takeover spat with Bidvest yesterday, releasing a JSE statement that stressed that the Bidvest proposal had lapsed. It also repeated concerns that it had with "legal deficiencies" and other material issues in the proposal. In terms of the Bidvest proposal, the Adcock board was required to give an undertaking by April 2 that it would cooperate with Bidvest in the implementation of the takeover transaction. As this undertaking had not been given, the Bidvest proposal had lapsed, Adcock said in the statement, adding that there "is no longer a proposal from Bidvest before the independent board". In comments that are likely to heighten tensions between the two groups, Adcock`s statement noted that in addition to "the legal deficiencies" in the Bidvest letter, the independent board had other material concerns with the Bidvest proposal. These included the high level of conditionality, the retention by Bidvest of unilateral "walkaway" rights, the absence of comparable offers for Adcock`s black economic empowerment shareholders and employees, and lack of "guidance for minority shareholders regarding the potential benefits of being part of a Bidvest-controlled Adcock Ingram and attendant proposed protections in respect of potential risks".
While the tone of the statement suggests there is limited room for a takeover transaction that involves Bidvest and requires the co-operation of the Adcock board, yesterday`s statement indicated there was still some scope. It said that while the independent board retained an open mind regarding a new proposal from Bidvest, it would expect any new proposal to address not only the legal deficiencies but also the independent board`s other material concerns with the Bidvest proposal. One Adcock shareholder said that he hoped Bidvest would not abandon the takeover proposal, because it was difficult to imagine an alternative bidder for the company. He said Aspen was the only company that sprang to mind and it would be ideal but the competition authorities would not allow it. He added that in the absence of another bidder there would probably be pressure on Adcock to "rejuvenate" its top management team. In the past two financial years, Adcock management has failed to meet any of its financial targets. Key issues restraining its earnings outlook are the poor economic conditions and the weak outlook for the rand. Every 10 percent decline in the rand results in an R80 million increase in Adcock’s direct costs. The company`s highest currency exposure is to the dollar and then the euro and Swedish krona. Meanwhile, Bidvest Group chief executive Brian Joffe said drugmaker Adcock Ingram Holdings` assertion that an offer by Bidvest to buy the drug group has lapsed due to technicalities was unfounded. He said Adcock was "making up stories to prevent shareholders from making a decision on the offer". Joffe said Bidvest had shown that it had a firm offer for Adcock which had ticked every legal box required, adding that Adcock just needed to do its duty and take his offer to its shareholders. He said he had explained that the Takeover Regulation Panel made this clear when they approved the letter he sent last month to Adcock. Ultimately the board had to take the offer to shareholders in terms of company law‚ he said. Joffe said maybe Bidvest would raise its offer or maybe it would walk away, but it would take action.
Ann Crotty: Business Report, 5 April 2013
Fin24.com, 4 April 2013
Kobayashi
Does not drink alcohol because it feels the pain caused by the death of his father, has no any tattoo on his body to give blood twice a year, came from a poor family in Portugal, he worked in the shop of the potato with his father and lived childhood very miserable, and lost his father when he was aged 20years, he played the final game of the euro when he was 19 years old, playing the semi-finals of the World Cup because he was 21 years of age with Portugal, achieved the dream of his father to become the best player in the world in 2008 ... donated 11 million euros for the schools inPalestine in 2009, and gives each year nearly 14 million euros to some African countries suffering from famine, and with all that some see as selfish and conceited and arrogant!Of science this is one of the most criticized players and unwillingly in the world ...!
This guy is Cristiano Ronaldo.
❤ ❤ ❤
Cox
In the global rankings, the U.S. retains the top position with sales totaling $4.48 billion, a slight 0.5% fall on the previous year’s total of $4.51 billion. U.S. physical sales in 2012 totaled $1.53 billion in trade value (down from $1.84 billion in 2011), accounting for 34% of the domestic market, according to IFPI.
U.S. digital sales totaled $2.60 billion (up from $2.34 billion), accounting for 58% of the market. Performance rights totaled $161 million (up from $130 million) accounting for 4% of total recorded music revenues in the U.S., compared to a global average of 6% and an European average of 10%. U.S. sync revenue was $191 million in 2012, up from $187 million in 2011, representing 4% market share.
The world’s number two market remains Japan, which experienced 4% growth in 2012, with recorded music sales totaling $4.42 billion, up from $4.25 billion in 2011. In third position is the United Kingdom, which, thanks to a weak Euro against the dollar, overtakes Germany, despite experiencing a 6.1% fall in recorded music sales. In 2012, U.K. music sales totaled $1.33 billion, down from $1.41 billion the previous year. Germany falls one place in the world rankings to number four, with music sales totaling $1.29 billion in 2012, down 4.6% on 2011’s figure of $1.36 billion.
The rest of the top ten music market rankings are as follows: France ($907 million, down 2.9%), Australia ($507 million, up 6.8%), Canada ($453 million, up 5.8%), Brazil ($257 million, up 8.9%), Italy ($217 million, down 1.8%) and Netherlands ($216 million, down 4.7%).
In total, nine of the world’s top twenty markets posted growth. Of those, Sweden ($176 million, up 18.7%) and India ($146 million, up 22.1%, representing its highest-ever sales level) moved up two places to #12 and #14, respectively. Norway ($118 million, up 6.7%) moved to #18 and China ($92 million, up 9%) re-entered the top twenty at #20, replacing South Africa ($85 million, down 5.8%).
IFPI 2013 Recording Industry in Numbers: Global Revenue, Emerging Markets Rise; U.S., U.K., Germany Drop
By Richard Smirke, London | April 08, 2013
Mulinjer - The fundamental element for the future of music, literature and journalism.
Yamamoto
Hernández
Waking up to that omelette... My reaction was like I won the euro millions
Okamoto
Everyone felling sorry for QPR? Fuck them!! They payed 12 million for Samba, Chap should be working in a toilet in Temple bar, If your gonna splash the cash, Do it right.
Guō
Put your price tag on hazard!
I say 45million
-HzD
Kondō
FACE BOOK UR SO INTRESTING .
Nakano
WIN EURO MILLIONS! JOIN OUR SYNDICATE BY REGISTERING ONLINE AT http://t.co/4ErEGS0c73 undefined
Green
Perkeles, perintöä pukkaa! Kannattaako jo irtisanoutua?
Dear,
IN BRIEF.
I am Attorney Traore Kadidia, a Legal Practitioner and Principal
Partner of an accredited Law Firm. I am the Attorney representing Late
Eng. B. A. Kangasaho, who lost his life during the 2004 Tsunami
disaster while on vacation with his family in Thailand at the famous
tourist resort Island of Phuket.
My deceased client lived most of his life time in Mali and took here
as home. As a consultant to Mali Cotton Factory, he made fortune for
himself. My late client took life Insurance Policy which entitles any
Surviving member of his family to a large sum of Seven Million US
Dollars in the event of his death.
Unfortunately his wife and only female child who statutorily are his
next of kin died with him in the disaster and under the existing law
here, the Surviving relatives of my deceased client becomes the
benefactors.
Since coincidentally both of you bear the same Last name, I want to
seek your consent to present you as a relative to my deceased client
by virtue of family linage.
Contact me on my email:
Sincerely
Traore
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