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Vivendi sells entire stake in Ubisoft for EUR 2 bln

2018-03-21 08:39:00| Telecompaper Headlines

(Telecompaper) Vivendi has announced that it has entered into agreements to sell its 27.27 percent stake in games developer Ubisoft, amounting to 30,489,300 shares, for EUR 2 billion. This interest was acquired over the past three years for EUR 794 million. As part of the deal, Vivendi will no longer be a Ubisoft shareholder and has committed to refrain from purchasing Ubisoft shares for a period of five years. The move follows speculation last year that the company could face a possible hostile bid from Vivendi, despite opposition from the Guillemot family (founder and minority shareholder of Ubisoft).

Tags: eur entire sells stake

 

Telenor sells Central Europe assets to O2 Czech parent for 2.8bn

2018-03-21 01:00:00| Total Telecom industry news

Telenor on Wednesday agreed the 27 billion kroner (€2.8 billion) sale of its Central European operations to Czech billionaire Petr Kellner's PPF Group. The deal will see the Norwegian incumbent exit Bulgaria, Hungary, Serbia and Montenegro, leaving it with operating units concentrated in Scandinavia and Asia…read more on TotalTele.com »

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Adidas sells 1m ocean waste running shoes

2018-03-19 11:54:00| Daily apparel & textile news and comment - from just-style.com

German sportswear giant Adidas has surpassed its goal to create 1m pairs of its first mass production running shoe made from up-cycled marine plastic, having sold 1m shoes made out of ocean plastic last year.

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Steve Jobs' 1973 Job Application Sells for $174K

2018-03-16 23:14:59| PC Magazine Cell Phones Product Guide

The one-page document, which Jobs filled out while at Reed College, generated over 30 bids on a original estimated value at over $50,000.

Tags: jobs application job steve

 

Las Vegas Sands Sells Casino in Pennsylvania for $1.3 Billion

2018-03-08 21:26:42| National Real Estate Investor

Sands, the worlds largest casino operator, sold the property to Wind Creek Hospitality, an affiliate of the Poarch Band of Creek Indians of Alabama.

Tags: las vegas pennsylvania las vegas

 

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