latest news releases from the newsroom
Old Mutual plc
Old Mutual plc: Results of Nedcor Investment Bank Scheme of Arrangement
LONDON, Sept. 30, 2002 (PRIMEZONE) -- Old Mutual (LSE:OML) draws attention to today's announcement by its subsidiary Nedcor Limited ("Nedcor"), the South African banking group in which it has a 53.2% stake, detailing the approval of the scheme of arrangement proposed by Nedcor between Nedcor Investment Bank Holdings Limited ("NIB") and its minority shareholders other than Nedcor. Nedcor currently has an 84% stake in NIB.
Metso Receives Orders for Metal Recycling Machinery
HELSINKI, Finland, Sept. 30, 2002 (PRIMEZONE) -- In August-September, Metso Minerals has received several orders for metal recycling solutions. The total value of the orders is approximately EUR 18 million. The deliveries will take place during the first half of 2003. Metso has been supplying metal recycling equipment since 2001, when the German Lindemann became a part of the Corporation. Metso Minerals is the global market leader in metal recycling products and these deliveries will strengthen its position on the fast growing markets.
Millicom International Cellular
Millicom sells Liberty Broadband Ltd.
NEW YORK/LONDON and BERTRANGE, Luxembourg, Sept. 30, 2002 (PRIMEZONE) -- Millicom International Cellular S.A. ("MIC") (Nasdaq:MICC), the global telecommunications investor, today announced that it has sold Liberty Broadband Ltd., its high-speed wireless data services business in the U.K., to Birmingham Online Ltd.
Hydro Aluminium to Further Develop Low-Cost Alouette Smelter
OSLO, Norway, Sept. 30, 2002 (PRIMEZONE) -- The Board of Norsk Hydro (NYSE:NHY), the Norwegian-based Oil and Energy, Aluminium and Agri group, has decided to take part in expanding the Canadian primary aluminium plant, Alouette. The expansion of 307,000 tonnes will bring Alouette's capacity up to 550,000 tonnes per year. Hydro Aluminium holds a 20 percent share in Alouette, which represents 110,000 tonnes of post-expansion primary aluminium per year, up from 50,000 tonnes today.
Cauley Bowman Carney & Williams, PLLC
Cauley Geller Bowman & Coates, LLP: BellSouth Corporation Investors Have Until October 14 to File Lead Plaintiff Motion -- BLS
LITTLE ROCK, Ark., Sept. 30, 2002 (PRIMEZONE) -- The deadline for purchasers of BellSouth Corporation ("BellSouth" or the "Company") (NYSE:BLS) publicly traded securities to move for lead plaintiff in a securities fraud class action recently brought against the Company is rapidly approaching. If you purchased BellSouth securities between January 22, 2001 and July 19, 2002, inclusive (the "Class Period"), and you wish to be a lead plaintiff in the case, you must move to serve as lead plaintiff by filing a motion in the United States District Court for the Northern District of Georgia by October 14, 2002. A copy of the complaint filed in this action is available from the Court, or can be viewed on the firm's website at http://www.cauleygeller.com/pr/bellsouth.pdf.