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Anheuser-Busch InBev acquires remaining stake in Swish Beverages

2019-07-08 16:03:00| Daily beverage news and comment - from just-drinks.com

Anheuser-Busch InBev has expanded its non-beer portfolio with the full takeover of Babe canned rosé owner Swish Beverages.

Tags: remaining beverages stake acquires

Lukoil Acquires 25% Stake In Congo License For $800 Million Cash

2019-06-06 18:36:36| OGI

PJSC Lukoil concludes an agreement with New Age M12 Holdings Ltd. to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.

Tags: million license cash congo

Italy's Mediaset acquires 9.6% stake in Germany's ProSiebenSat.1

2019-05-29 09:28:00| Telecompaper Headlines

(Telecompaper) Italian commercial broadcaster Mediaset has announced the acquisition of a 9.6 percent stake in German counterpart ProSiebenSat.1 for an undisclosed sum. The stake corresponds to up to 9.9 percent of ProSiebenSat.1's voting rights, excluding treasury stocks, said Mediaset, which has been touting the idea of creating a pan-European TV player for several months. In a statement, Mediaset CEO Piersilvio Berlusconi said: "the friendly acquisition of a stake in ProSiebenSat.1 is a long-term choice, aimed at creating value with an increasingly international outlook." He added that European media companies will need to join forces "if we are to continue to compete, or even just resist, in terms of our European cultural identity, eventual attacks by the global giants."

Tags: stake acquires mediaset prosiebensat1