Sunrise IPO pricing gives it market value of $6.76B

first_img Sunrise to slash workforce following takeover AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 27 JAN 2015 Related Proximus goes all-in on BICS Tags SunriseSwisscom Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more Sunrise UPC plots job cuts Saleha Riaz Sunrise, the second largest of three operators in Switzerland, has annnounced the launch of its IPO and set a price range of between CHF58 and CHF78 per share, giving it an implied market value of up to CHF3.3 billion ($6.76 billion).The first day of trading on the stock exchange will be on or before 6 February in what could be the country’s biggest flotation since 2006.Earlier this month, when the IPO plan was first revealed, the company had said that proceeds, which it predicted would be around $1.3 billion, would allow it to “substantially strengthen its balance sheet” and reduce the cost of debt.It added that the IPO would “support its corporate strategy of investing in state-of-the-art integrated mobile and fixed network technology.”Although there are no real signs of a deal, the IPO could also pave the way for Sunrise to merge with Orange Switzerland in order to better compete with top player Swisscom, according to speculation.Sunrise also clarified that the Swiss National Bank’s recent abandonment of its franc cap will not impact its IPO plans, given that the company’s revenues are earned entirely in francs while most of its debt is in euros.Sunrise, owned by private equity firm CVC, has 2.66 million mobile connections (Q4, 2014), according to GSMA Intelligence. Home Sunrise IPO pricing gives it market value of $6.76B Author Previous ArticleHuawei talks up “highly successful” dual device brand planNext ArticleMotorola makes Chinese return last_img read more

Durkan urges DUP and SF to resolve Stormont crisis

first_img 75 positive cases of Covid confirmed in North Lárionad Acmhainní Nádúrtha CTR to take part in new research project Pinterest WhatsApp WhatsApp Google+ Homepage BannerNews Twitter Sinn Féin and the DUP have been urged to ‘get in the same room’ this weekend to deal with the crisis facing Stormont.Both parties said they were willing to discuss the problems which led to Martin McGuinness’ resignation as Deputy First Minister of Northern Ireland.If both parties don’t put forward nominees to lead the executive by five pm on Monday the assembly will collapse.Foyle MLA Mark H.Durkan says the crisis is distracting the parties from other more important issues………….Audio Player Up/Down Arrow keys to increase or decrease volume. Facebook RELATED ARTICLESMORE FROM AUTHOR Durkan urges DUP and SF to resolve Stormont crisiscenter_img Gardai continue to investigate Kilmacrennan fire Pregnant women can receive Covid vaccine at LYIT’s vaccination centre Pinterest Facebook Further drop in people receiving PUP in Donegal Twitter By admin – January 13, 2017 LUH still not ready to restore IT systems Google+ Previous articleCalls for longer opening hours for Stranorlar LibraryNext articleOver 7,000 out patient appointment cancellations at LUH admin last_img read more

Happy Times for Australia Again

first_img SIGN UP Horse Sport Enews Standings (after 5 of 12 events)1. Megan Jones (AUS) 138 points2. Clarke Johnston (NZL) 1283. Sonja Johnson (AUS) 1194 = Mara Dean (USA) 714 = Chris Burton (AUS) 714 = Michael Jung (GER) 714 = Sam Griffiths (AUS) 718. Lucy Wiegersma (GBR) 709 = Phillip Dutton (USA) 679 = Heelan Tompkins (NZL) 679 = Kai-Steffen Meier (GER) 6712. Jenna Mahoney (NZL) 65 British-based Australian Sam Griffiths kept his country at the forefront of the HSBC FEI World Cup™ Eventing rankings with a superb win at Chatsworth (GBR), his first ever victory in this series. This latest result means that Australian riders have won three out of the first five of the 12 events across three continents and 10 countries in the 2010 HSBC FEI World Cup™ Eventing.Griffiths, fifth in the 2009 HSBC FEI Classics™, has had extraordinarily consistent results, including third at Badminton and Burghley last year, on Happy Times, an 11-year-old bay gelding by the increasingly successful Eventing sire Heraldik. His aim now is to join the Australian squad for the first time, at the Alltech FEI World Equestrian Games™ (WEG) in September. “Australia is proving to have such a strong hand that I thought I’d better win something,” Griffiths joked after his Chatsworth success. “The Cross-Country rode really well, but it was tough and I was pleased to be on such an experienced horse. It was the sort of big course you’d expect someone like Ian Stark to produce in that it favoured bold riding.”Griffiths rose from equal third after Dressage to take the lead going into the final Jumping phase, his task made easier by the departure of the overnight leader Nick Gauntlett (GBR), who fell from the stallion Chilli Morning going into fence 7, the Sunken Road.Clayton Fredericks (AUS), the Dressage runner-up, withdrew Bendigo lll because he is taking the horse to Saumur CCI*** next weekend, and Kitty King (GBR), equal third after Dressage, was eliminated for a fall from Boondoggle at a house-rail-brush and drop combination three from home.Lucy Wiegersma (GBR) had re-routed Woodfalls Inigo Jones to Chatsworth after suffering an early run-out at Badminton and finished second, and Fiona Hobby (GBR), a regular World Cup enthusiast, was third on the Arab-Oldenburg cross Roma ML.Wiegersma admitted she was pleased to have excised her “Badminton demon” on the big, rangy chestnut which, she says, has come out a stronger horse this season. Having been fifth at Kentucky and earned her first senior flag at the HSBC FEI European Championships last year, Wiegersma is also hopeful of a place at the WEG.Hobby, whose sister Tina Fletcher is a successful in Jumping for Britain, was third at Chatsworth back in 2006 on Smart Approach and hopes to enhance her chances in the HSBC FEI World Cup™ Eventing rankings with a run at Haras du Pin (FRA) in August. “She may not look like a conventional eventer, but she’s a fantastic jumper and mover,” said Hobby, who bought Roma ML from Ireland having been impressed after seeing her on a DVD.Ian Stark’s revamped Cross-Country course, which utilises several historic features in the Duke of Devonshire’s spectacular parkland at Chatsworth, was very well received, with the new combinations riding perfectly if boldly attacked; there were 20 clears from the 27 starters on this phase.As usual on Chatsworth’s undulating cambers, the time proved the most influential factor. Andrew Nicholson (NZL), seventh on the spring-heeled Spanish-bred Armada, was fastest with 6.4 penalties and was one of only three to score time penalties in single figures.The order changed little in the final Jumping phase, showing how well horses had come out of the big galloping Cross-Country just a couple of hours previously.The new Badminton champion Paul Tapner (AUS), jumping out of order, kicked off proceedings with an immaculate clear on the skewbald Tiger Flynne to take 10th place, and there were to be four more from the 19 finishers, including from the winner, who held his nerve admirably in the pressurised atmosphere.Nineteen horses finished the competition, three having withdrawn before the Jumping phase.Results1. Sam Griffiths/Happy Times (AUS) 43.8 + 8 + 0 = 51.82. Lucy Wiegersma/Woodfalls Inigo Jones (GBR) 44.4 + 9.6 + 4 = 58.03. Fiona Hobby/Roma ML (GBR) 50.7 + 10 + 0 = 60.74. Neil Spratt/Upleadon (NZL) 44.4 + 15.2 + 5 = 64.65. John-Paul Sheffield/Crown Farm Consort (GBR) 51.0 + 10 + 4 = 65.06. Ruth Edge/Westwood Mariner (GBR) 54.0 + 10 + 4 = 68.07. Andrew Nicholson/Armada (NZL) 58.2 + 6.4 + 4 = 68.68. Andrew Downes/Loughnatousa Gypsy Diamond (GBR) 54.6 + 14 + 0 = 68.69. Mary King/Fernhill Urco (GBR) 46.2 + 20.4 + 4 =70.610. Paul Tapner/Tiger Flynne (AUS) 57.3 + 14.8 + 0 = 72.1Full results on of events1. Tallahassee (USA), 5-7 March 22. Kihikihi (NZL), 2-4 April3. Sydney (AUS), 7-9 May4. Marbach (GER), 7-9 May5. Chatsworth (GBR), 15-16 May6. Tattersalls (IRL), 27-30 May7. Strzegom (POL), 24-27 June8. Minsk (BLR), 21-25 July9. Rebecca Farm, Kalispell (USA), 22-25 July10. Malmö (SWE), 13-15 August11. Haras du Pin (FRA), 18-22 August12. Schenefeld (GER), 26-29 August We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding.center_img Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! More from Horse Sport:Christilot Boylen Retires From Team SportAfter an exemplary career as one of Canada’s top Dressage riders, seven-time Olympian Christilot Boylen has announced her retirement from team competition.2020 Royal Agricultural Winter Fair CancelledFor only the second time in its history, The Royal Agricultural Winter Fair has been cancelled but plans are being made for some virtual competitions.Royal Agricultural Winter Fair Statement on 2020 EventAs the Province of Ontario starts to reopen, The Royal’s Board and staff will adhere to all recommendations put forward by government and health officials.Government Financial Assistance for Ontario FarmersOntario Equestrian has recently released this update of several financial assistance packages available, including those for farm business. Email*last_img read more

Phillip Tobias dies

first_imgEmeritus Professor Phillip V Tobias, an acclaimed South African anthropologist, with a collection of fossil hominid skulls from east and southern Africa at the Fossil Laboratory of the University of the Witwatersrand. The skull and jawbone of the Taung Child, a famous specimen of Australopithecus africanus, are directly in front of him. (Image: For more images, visit the image library) MEDIA CONTACTS • Prof. Andrew Crouch   Dean: Wits University science faculty  + 27 11 717 6011 RELATED ARTICLES • Rocking in the Cradle • Unearthing our human ancestors • World heritage in South Africa • Khoisan couple home at lastLucille Davie / City of JohannesburgOne of South Africa’s most distinguished scientists, Phillip Valentine Tobias, passed away on 7 June after a long illness.Tobias, professor emeritus of anatomy and human biology, and a respected palaeontologist at Wits University, was 86.“We extend our deepest sympathies to the friends and family of Professor Tobias, and those who knew him well,” the university said in a statement.President Jacob Zuma added his condolences, saying: “We have lost a renowned scientist, a scholar and a unique human being. Our country remains eternally proud of his work. On behalf of government and the people of South Africa, we extend our deepest condolences and may his soul rest in peace.”Tobias was born in Durban 1925, and was acknowledged worldwide as an expert in anatomy, human biology and evolution as well as the analysis of human fossils. He received as many as 18 honorary degrees from around the globe over the course of his career.Accolades awarded Tobias over the years range from the Order of Meritorious Service (gold class) and the Order of the Southern Cross of South Africa, to the Fellow of the Royal Society of London and the Charles Darwin Lifetime Achievement Award. The City of Johannesburg awarded him the Walter Sisulu Special Contribution Award in 2007.He taught some 10 000 students over his almost 50 years at Wits.“I like to think that I have had a moderately good impact on some of them [his students], and bless them, they’re always telling me this when I meet them in Edmonton in Canada, Sydney, Nairobi, Hong Kong, New York and Cambridge,” Tobias said in a 2009 interview with the City of Johannesburg.He said at the time that what made him tick was his love of people and humanity.“I was one of those strange professors who loved his students. By being available to them at all times to help them with their problems and with constructive, creative advice and trying to widen their horizons.”Although frail, up until recently, he drove himself to work on most days, where he had an office at the Wits Medical School. He was still active, answering emails, seeing visitors from all over the world, writing speeches and chapters or forewords for books, and seeing students who sought his advice.His personal assistant, Felicity Krowitz said in 2009: “He goes out of his way to assist anyone with anything. He is so sprightly, so on-the-ball intellectually. His memory is unbelievable.”60 years at WitsTobias had been at Wits for over 60 years – he graduated from the university in 1950. He had simultaneously been professor at the university in the fields of anatomy, palaeonanthropology and zoology. His other work included being dean, emeritus professor, honorary professorial research fellow and director of the Sterkfontein Research Unit.In his time at the university, he served as professor of anatomy and human biology and served as head of these departments until 1990.From 1980 to 1982 he served as dean of the faculty of medicine, and was honorary professor of palaeoanthropology and zoology.In 1994 he was made professor emeritus of anatomy and human biology and honorary professorial research fellow in anatomical sciences. All of these positions he held until his death.Tobias had also served as visiting professor at the universities of Pennsylvania, Florence, Cornell and Vienna, among others.As a world authority in palaeoanthropology, he has authored over 1 000 publications, including 40 books and monographs and over 90 chapters in books in anatomy and palaeoanthropology and other areas.In 2005 he published the first part of his autobiography, Into the Past, a memoir. He was working on the second part when he died.His has written biographies of anthropologists and books on the philosophy and history of science, all the while being nominated for a Nobel Prize three times.Excavations at SterkfonteinTobias had supervised excavations at Sterkfontein for the past 46 years, since 1966, where over 600 fossil hominids have been recovered, and where over a third of all known early hominid fossils have been found.His other excavations were at other major fossil sites like Taung in the North West province, Makapansgat in Limpopo, and sites in Tanzania and Kenya.“Tobias made the Wits’ department of anatomy (as it was then called) a major world centre of palaeoanthropological research and teaching,” said Prof Beverley Kramer.Kramer is the professor of anatomy at the school of anatomical sciences at the university. She was speaking at the opening of an exhibition on Tobias at the Adler Museum of Medicine, in May 2008.“Phillip brought great acclaim, not only to the department, but also to the faculty of health sciences and to his university.”Wits added to its statement by saying Tobias was internationally renowned for his scholarship and dedication to a better understanding of the origin, behaviour and survival of humanity.“For his many major scholarly contributions to palaeoanthropology, anatomy, human biology, cultural anthropology, the evolution of the brain, cytogenetics and the history and philosophy of science.”Over the years Tobias had been offered posts around the world, but he always turned them down, happy to stay at his alma mater, from which he obtained five degrees.“Unlike many of his contemporaries who left South Africa in the 1950s, Phillip stayed on and committed himself to maintaining high standards of scholarship and personal integrity during the difficult years,” said Nobel laureate Sydney Brenner, in the foreword to Into the Past, a memoir.Opposed injusticesTobias opposed the injustices of apartheid, both as a student and as a lecturer at Wits. He was president of the non-racial National Union of South African Students, which opposed segregated education. He also participated in protests against the Group Areas Act, the Suppression of Communism Act, the Population Registration Act and other oppressive laws.Together with his colleagues, he complained to the South African Medical Council regarding the treatment of Steve Biko, who died in police custody in 1977.“Tobias was renowned for his sustained campaign against racism and for upholding and fighting for human rights and freedoms,” said the university’s statement.“In recent years he publicly protested against xenophobia, government’s initial HIV/Aids policies and its delay in granting the Dalai Lama a visa to enter South Africa.”He loved reading whodunits, with his favourite authors being PD James, Agatha Christie, Ngaio Marsh, Dorothy Allingham and Kathy Reichs. Classical music was his genre of choice, especially choral music. He used to go to his home town of Durban twice a year for his holidays, enjoying relaxing at the sea.“People, conversation, chocolates and watching the waves at the seashore,” was how Tobias described his holidays in 2009.last_img read more