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Shaw Industries Increases Stake in Watershed Geosynthetics

2015-09-10 07:00:00| Nonwovens Industry Breaking News

Seeks to drive sales growth and continue developing innovative products.

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Vivendi increases Telecom Italia stake

2015-09-10 02:00:00| Total Telecom industry news

French firm now holds 15.5% of Italian telecoms incumbent.

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SoftBank Increases Sprint Stake

2015-08-13 08:34:38| IT Services - Topix.net

SoftBank Group Corp. has been buying up shares of Sprint Corp., a show of confidence that Sprint's Japanese parent is a believer in the struggling carrier's latest turnaround plan. SoftBank said Wednesday it had bought 22.9 million shares at a weighted average price of $3.80, or about $86.9 million.

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Liberty Global increases stake in ITV to 9.9%

2015-07-31 10:36:00| Telecompaper Headlines

(Telecompaper) Liberty Global has purchased 138.7 million shares in UK commercial broadcaster ITV. This increases its existing stake to a total of 398.5 million shares or around 9.9 percent of ITV's ordinary shares. Liberty Global CEO Mike Fries said that ITV was a well-run company with attractive growth potential. Liberty Global first acquired a stake in ITV a year ago, buying 6.4 percent from Sky for GBP 481 million. The company said it was looking to cooperate with ITV on developing content for its cable networks. Liberty Global controls the UK cable operator Virgin Media, as well as cable networks across multiple countries in Europe. It has been increasing its investments in content in the past year, buying also Belgian and Irish broadcasters.

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