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Tamares Telecom, a subsidiary of Aluma Infrastructure Fund and Grid Telecom, a wholly owned subsidiary, and the telecommunications vehicle of the Independent Power Transmission Operator (IPTO) of Greece, agreed to build ANDROMEDA, a subsea optical fiber cable system interconnecting Greece, Cyprus, and Israel and beyond, providing an alternative bridge between Europe and the Middle East,… ....
In a surprise move, the bus company has rejected the much higher bid from the Carasso-Migdal-Aluma consortium, after it refused to make a 15% down payment. ....
The winners of the tender for the sale of 50% of the bus company, the size of whose bid astonished the capital market, object to paying 15% by April 25. ....