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Last updated on April 18, 2014 at 21:21 EDT

Latest Access Industries Stories

2012-12-12 08:22:55

MOSCOW, Dec. 12, 2012 /PRNewswire/ -- Rosneft and the consortium of Alfa Group, Access Industries and Renova (AAR) today signed a sale and purchase agreement for the 50% stake in TNK-BP. The transaction price is set on the basis of the valuation of AAR's TNK-BP stake at $28 billion. Completion of the deal is expected in the first half of 2013 after receiving approvals from Russian and EU antimonopoly regulators. Commenting on this agreement, Rosneft President Igor Sechin said: "We consider...

2012-10-22 11:22:34

MOSCOW, Oct. 22, 2012 /PRNewswire/ -- AAR announces that it has signed Heads of Terms (Memorandum of Understanding) to sell its 50% interest in TNK-BP Ltd. to Rosneft for an aggregate price of US$28 billion in cash. BP has provided a waiver of its right to hold good faith negotiations with AAR over a 90-day period as stipulated by the TNK-BP Shareholder Agreement. The transaction is subject to finalization of a share purchase agreement and other customary closing conditions. Chief...

2012-08-19 18:20:37

READING, England, August 20, 2012 /PRNewswire/ -- Telecoms veteran joins Acision's leadership team to expand local presence, drive operational excellence and boost customer experience in Latin America Acision, the global leader in mobile messaging, today announced that Fatima Raimondi has been appointed as its Senior Vice President and General Manager for Latin America (LATAM). Fatima will assume responsibility for managing all of Acision's LATAM...

2012-07-05 06:21:05

NEW YORK and TEL AVIV, Israel, July 5, 2012 /PRNewswire/ -- IDB Development Corp Ltd. (TASE: IDBD) today announced that it has completed the previously announced agreement to sell 49.9% of its 60.5% stake in Clal Industries and Investments Ltd. (CII) (TASE:CII) to Access Industries, a privately held industrial group, for 1.27bn NIS. The transaction values 100% of CII at 2.55bn NIS, and was completed after all customary closing conditions, including regulatory approvals and...

2012-05-13 22:22:20

READING, England, May 14, 2012 /PRNewswire/ -- Didier Bench joins Acision's Board of Investors as Executive Chairman to strengthen global market position and drive new business model in enterprise messaging Acision, the global leader in mobile messaging, today announced that Didier Bench has been appointed as Executive Chairman by the company's Board of Investors. Bringing years of digital media and commercial business development expertise to Acision, Bench will...

2012-05-08 02:35:17

PLANO, Texas, May 8, 2012 /PRNewswire/ -- Acision, the global leader in mobile messaging, today announces the appointment of James Israel as senior vice president and general manager, North America. Israel, who joined Acision in 2011 as vice president of sales for North America, brings more than 18 years experience in the communications industry in areas including product management, sales and services. In this role, he will be instrumental in strengthening the company's presence and growth...

2011-12-19 09:00:00

NEW YORK and CAMBRIDGE, Mass., Dec. 19, 2011 /PRNewswire/ -- Access Industries announced today the establishment of Access BridgeGap Ventures, a new life sciences venture investment initiative to fund early-stage companies in the therapeutics space. Leveraging its team's experience in startup creation, technology commercialization and venture investing, Access BridgeGap will fund early-stage startups and also create de-novo spinoffs around potential high-impact technologies, many...

2011-11-09 01:01:00

READING, England, November 9, 2011 /PRNewswire/ -- - Sherif Hamoudah to lead Acision's sales organisation as EVP Global Sales & Marketing - Rob Bellis appointed to EVP Global Services Acision, the global leaders in mobile messaging, today announced two new appointments to its executive team as strategic leads for sales, marketing and services globally. Sherif Hamoudah has been appointed to EVP, Global Sales & Marketing, and Rob...

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2011-05-07 05:54:15

A bidding war for Warner Music Group has Russian-born American billionaire Len Blavatnik's company Access Industries as the winner in a $1.3 billion all-cash transaction for the company. The sale of the music company comes at a challenging time for music industry with CD sales on the decline and digital piracy running amuck. Even with these trying times, the deal has Warner Music valued at $3 billion, which includes the company's debt as well as cash "“ this is higher than the $2.6...

2011-02-14 00:00:00

BARCELONA, Spain, February 14, 2011 /PRNewswire/ -- - Acision to Deliver Rich SMS, MMS and Enterprise Messaging to Telefonica's Mobile Users Across Latin America Acision, a world leader in mobile data, today announced it will deploy a comprehensive open services architecture at Telefonica Latin America. Acision will roll out its messaging infrastructure including SMS, MMS and Enterprise Messaging, to address the growing demand for richer messaging services in the region. By...