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China's Geely buys stake in Mercedes-Benz owner Daimler

2018-02-26 06:02:43| BBC News | Business | UK Edition

The Chinese carmaker is pushing for tech cooperation while Daimler needs China as a crucial market.

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AT&T planning IPO of DirecTV LatAm stake

2018-02-08 08:39:00| Telecompaper Headlines

(Telecompaper) AT&T has announced that it's exploring an initial public offering of a minority stake in satellite television service DirecTV Latin America in the first half of 2018. In a brief statement the company confirmed that it has confidentially filed an IPO registration statement with US regulators but gave no assurance that the transaction will be completed. The filing confirms earlier reports that the company was reviewing its portfolio with a view to reducing its debt, which is set to surge to around USD 180 billion once its USD 85.4 billion acquisition of Time Warner closes.

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Carlsberg sweeps up 49% Olympic Brewery stake in Greece

2018-02-06 13:25:00| Daily beverage news and comment - from just-drinks.com

Carlsberg has strengthened its position in Southern Europe after taking full control of Greece's Olympic Brewery.

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LeBaronBrown Takes Stake in AIC

2018-02-01 19:13:00| Happi Breaking News

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Alibaba to buy 33% stake in Ant Financial

2018-02-01 13:17:00| Telecompaper Headlines

(Telecompaper) Alibaba announced an agreement to buy a 33 percent stake in Ant Financial, operator of the Chinese payment system Alipay, which was spun off from Alibaba in 2011. The no-cash deal is in exchange for Ant stopping royalty payments to Alibaba, a move that could pave the way for Ant Financial to seek its own stock market listing. 

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