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Vivendi buys Mediaset Premium in share swap deal
2016-04-11 08:21:00| Telecompaper Headlines
(Telecompaper) French media giant Vivendi has reached an agreement to acquire the Mediaset Premium pay-TV business of Italian commercial broadcaster Mediaset as part of a wider deal that will see the two companies taking a 3.5 percent stake in each other. The share-based transaction values Mediaset Premium at EUR 800 million, with Vivendi acquiring Mediaset's 89 percent stake in the unit as well as the remaining 11 percent stake held by Spain's Telefonica. "The agreement with Mediaset confirms Vivendi's intention to build strong positions in Southern Europe, a market that shares a similar Latin culture and roots," said Vivendi in a statement, adding that its acquisition of Mediaset Premium serves to expand its presence in European pay-TV, increasing its global individual subscriber base to over 13 million.
Sports Direct buys remaining share in Warrnambool
2015-10-07 11:21:00| Daily apparel & textile news and comment - from just-style.com
Sports Direct has entered into a EUR47.5m (US$53.4m) agreement to purchase a majority stake in Warrnambool, the parent company of Irish retailer Heatons, and acquire the remaining shares it does not own in the retailer.
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Sempra-owned IEnova buys Pemexs share in pipeline JV in Mexico for $1.32bn
2015-08-03 01:00:00| Hydrocarbons Technology
US based Sempra Energy's Mexican subsidiary Infraestructura Energética Nova (IEnova) has agreed to acquire 50% stake from Petróleos Mexicanos (PEMEX) in the Gasoductos de Chihuahua joint venture (JV) project for $1.325bn.
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March's top stories: Total sells OML share, BlackRock JV buys 45% stake in Mexico
2015-04-07 01:00:00| Hydrocarbons Technology
French energy firm Total has sold its interest in Nigerian onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P for $569m, and BlackRock and First Reserve have agreed to acquire a 45% stake in two Mexican natural gas pipelines. Hydrocarbons Technol
Borealis buys out DuPont's share of Belgium-based JV
2014-08-07 20:58:00| Canadian Plastics Headlines
Chemical supplier Borealis AG is buying DuPont Co.s two-thirds share in their Specialty Polymers Antwerp N.V. joint venture.
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