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Tag: sells
Telia sells Spotify stake with 2.4x return on purchase price
2018-03-30 12:29:00| Telecompaper Headlines
(Telecompaper) Telia Company said that it has gradually divested its entire holding in Spotify to institutional investors for USD 272 million or approximately SEK 2.3 billion, ahead of the streaming music company's listing on the stock market. This is equivalent to a return on investment of approximately 2.4 times. Telia invested USD 115 million in Spotify for a 1.4 percent stake in June 2015, after having begun to include Spotify Premium in its services in October 2009.
Tags: price
return
purchase
sells
Telenor sells off Eastern European assets to refocus on Asia
2018-03-29 02:00:00| Total Telecom industry news
Norwegian operator Telenor has agreed to sell off its assets in Central and Eastern Europe, as it looks to realign its focus to more lucrative markets in Asia. The assets will be purchased by the PPF Group. “Telenor Group&rsquo…read more on TotalTele.com »
Tags: asia
european
eastern
assets
BASF Sells Mexican Oleo Surfactants Unit
2018-03-27 16:35:00| Happi Breaking News
Transaction with Stepan includes Ecatepec site.
AkzoNobel Sells Specialty Chemicals to The Carlyle Group, GIC for 10.1 Billion
2018-03-27 14:48:00| Coatings World Breaking News
The transaction is expected to be completed before the end of 2018.
Tags: group
specialty
billion
chemicals
Delek sells AltAir renewable diesel/jet business to World Energy for $72M
2018-03-21 09:57:08| Green Car Congress
Tags: business
world
energy
sells
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