The following are business segment highlights comparing sales and pre-tax operating income (PTOI) (loss) excluding significant items for fourth quarter 2008 versus fourth quarter 2007.
Amidst recent reports by MPs condemning the Governments plans to boost skills training as a dogs dinner, Proskills, the sector skills council (SSC) for the process & manufacturing sector which includes the printing industry has welcomed the governments latest commitment to invest in skills training.
Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, announced today that it has completed the pricing of USD 300 million of Senior Notes, at an annual rate of 5.875% due 2014, to be issued at 99.667% of their principal amount. The net proceeds of the issuance will be used for general corporate purposes, including the payment of maturing debt.
KIMBERLY-CLARK CORPORATION A LEADING USER OF GREEN POWER
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American Media, Inc. (“AMI”) announced today that its subsidiary American Media Operations, Inc. (“AMOI” and, together with AMI, the “Company”) has extended the expiration date for and amended its previously announced cash tender offers (the “Tender Offers”) and consent solicitations (the “Consent Solicitations”) in respect of an aggregate of approximately $570 million of its outstanding senior subordinated notes, consisting of (1) $400,000,000 aggregate principal amount of 10-1/4% Series B Senior Subordinated Notes due 2009 (CUSIP No. 02744RAH0) and $14,544,000 aggregate principal amount of 10-1/4% Series B Senior Subordinated Notes due 2009 (CUSIP No. 02744RAM9) (collectively, the “2009 Notes”) and (2) $150,000,000 aggregate principal amount of 8-7/8% Senior Subordinated Notes due 2011 (CUSIP No. 02744RAK3) and $5,454,000 aggregate principal amount of 8-7/8% Senior Subordinated Notes due 2011 (CUSIP No. 02744RAP2) (collectively, the “2011 Notes” and, together with the 2009 Notes, the “Existing Notes”).
Nefab has signed an agreement to acquire all shares in the packaging company NAIROD in France.
