Russia: Svyazinvest approves merger with Rostelecom.Byline: datta03 The management board of Russian telecommunications company See telecom company. Svyazinvest has approved a reorganisation Noun 1. reorganisation - the imposition of a new organization; organizing differently (often involving extensive and drastic changes); "a committee was appointed to oversee the reorganization of the curriculum"; "top officials were forced out in the cabinet plan for the company. The reorganisation will be carried out via a merger of its seven regional operators with Russian long-distance carrier Rostelecom. The legal requirements of the reorganisation should be finalized See finalization. by May 2011, following a valuation of shares, corporate approvals and debt restructuring Debt Restructuring A method used by companies with outstanding debt obligations to alter the terms of the debt agreements in order to achieve some advantage. Notes: in 2010. Shareholder meetings of the companies involved are expected in summer 2010. As the result of the merger, a new company providing the full spectrum of telecommunications and data transmission services will be founded on the basis of Rostelecom. The company plans to listing the new group on Russian and foreign stock exchanges. Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
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