Bloomberg BNA – Electric utility Con Edison will conduct an economic analysis to quantify the benefits of preparing its infrastructure for the impacts of climate change, a company official said Feb. 10.
Ceramic Industries Ltd. suspended a plan to build a 500 million-rand ($70 million) tile plant because of difficulties getting prospecting and mining permits from South Africa’s Department of Mineral Resources, Business Report said, citing Chief Executive Officer Nick Booth.
Coronation Fund Managers Ltd. is evaluating the merits of Avusa Ltd. ’s proposed purchase of Universal Print Group Ltd. and Hirt & Carter Ltd. from UHC Communications Ltd., Business Report said, citing Karl Leinberger , Coronation’s chief investment officer.
Alcatel-Lucent SA is in talks to sell its enterprise business to potential buyers including Unify GmbH & Co. KG, a Gores Group LLC and Siemens AG venture, according to three people familiar with the matter.
Top TV, started as a South African pay-TV rival to Naspers Ltd. this month, expects to have 200,000 subscribers by the end of November, Business Report said, citing Chief Executive Officer Vino Govender.