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GERMANY: Bestseller owner acquires stake in Zalando

2013-08-14 14:09:00| Daily apparel & textile news and comment - from just-style.com

Anders Holch Povlsen, the owner of Danish fashion company Bestseller, has acquired a 10% stake in German online clothing and footwear retailer Zalando.

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Icahn acquires stake in Apple, pushes for share buyback

2013-08-14 09:03:00| Telecompaper Headlines

(Telecompaper) Investor Carl Icahn has acquired a stake worth over USD 1.5 billion in Apple and is pushing the company to buy back its own shares. While Apple earlier this year announced a large buyback, Icahn said in an interview with the Wall Street Journal that he wants to see it happen right away, near the current share price, which he considers cheap. "This is a no-brainer to go buy stock in a company that can go borrow" at a low rate, Icahn said in an interview. "Buy the company here and even without earnings growth, we think it ought to be worth USD 625," he said, referring to the stock price, which closed the day of the interview at USD 489.57, having risen 5 percent on the news of Icahn's investment. Icahn also used used Twitter to publicize his move, saying he had a "nice" conversation with Apple CEO Tim Cook and discussed his opinion that "a larger share buyback should be done now". He added that he plans to speak with Cook again "shortly". Steve Dowling, an Apple spokesman, said the company appreciates the interest and investment of all its shareholders. "Tim had a very positive conversation with Mr. Icahn today," he said, without elaborating.

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Crestwood Midstream Partners acquires stake in Jackalope Gas Gathering Services

2013-07-24 01:00:00| Hydrocarbons Technology

US-based Crestwood Midstream Partners has completed the acquisition of a 50% interest in Jackalope Gas Gathering Services from RKI Exploration & Production, for approximately $107.5m.

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Rosneft acquires additional stake in ITERA Oil and Gas for $2.9bn

2013-07-03 01:00:00| Hydrocarbons Technology

Russian state-controlled oil company Rosneft has acquired the remaining 49% interest in Itera Oil and Gas Company from Itera Holdings for $2.9bn.

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VINCI acquires additional 4.7% stake in Aeroports de Paris

2013-07-03 01:00:00| Airport Technology

VINCI has signed a 364.6m deal with Aeroports de Paris (ADP) to acquire an additional 4.7% stake in the French airport operator, bringing its overall stake to 8% upon the completion of the transaction.

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