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Tag: stake
Activist investor Elliott increases TIM stake to counter Vivendi - report
2018-03-06 09:51:00| Telecompaper Headlines
(Telecompaper) Activist investor Elliott Management is increasing its stake in Telecom Italia (TIM) in a bid to counter how the operator's largest investor Vivendi is running the company, according to unnamed sources cited by Bloomberg. Elliott is mulling the possibility of nominating directors to TIM's board and pushing for other changes at the company, said the sources, adding that the hedge fund is concerned about the operator's falling stock and business performance since Vivendi took majority control of the board.
Tags: report
counter
increases
tim
Telia, Turkcell sell stake in Azercell to Azintelecom for EUR 222 mln
2018-03-05 11:15:00| Telecompaper Headlines
(Telecompaper) Fintur Holdings, jointly owned by Telia Company and Turkcell, has agreed to sell its 51.3 percent holding in Azertel, sole shareholder of Azerbaijan's biggest mobile operator Azercell, to the Azerbaijan state-owned operator Azintelecom. The agreed price is EUR 222 million.
Sports Direct raises stake in Debenhams to over 29%
2018-03-05 10:48:00| Daily apparel & textile news and comment - from just-style.com
UK sportswear retailer Sports Direct International has once again increased its stake in British department store group Debenhams in the latest of a series made since 2014.
Tags: over
sports
direct
raises
China's Fosun to take majority stake in Wolford
2018-03-02 14:11:00| Daily apparel & textile news and comment - from just-style.com
China-based conglomerate Fosun Industrial Holdings has concluded an agreement for a purchase of a majority stake in Austrian hosiery business Wolford.
Tags: majority
stake
chinas
wolford
Vodafone exits Qatar market, sells stake for EUR 301 mln
2018-02-26 14:51:00| Telecompaper Headlines
(Telecompaper) Vodafone Group announced it's existing the Qatar market and selling its 51 percent stake in Vodafone Qatar to its joint venture partner the Qatar Foundation for QAR 1.35 billion (EUR 301 million).
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