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Tag: stake
Bacardi acquires minority stake in Teeling Whiskey Co
2017-06-30 17:11:10| Daily beverage news and comment - from just-drinks.com
Bacardi has secured a share in Irish whiskey producer Teeling Whiskey Co.
Tags: minority
stake
acquires
whiskey
Rosneft completes sale of stake in Verkhnechonskneftegaz for $1.1bn
2017-06-30 01:00:00| Hydrocarbons Technology
Rosneft has closed the sale of 20% shares in its subsidiary Verkhnechonskneftegaz to China-based Beijing Gas Group Company for around $1.1bn, as the parties intend to create a vertically integrated system of cooperation.
Tags: sale
stake
completes
rosneft
Sports Direct ups stake in Debenhams to 19%
2017-06-29 11:28:00| 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.
Alibaba invests USD 1 bln to raise stake in Lazada
2017-06-28 13:51:00| Telecompaper Headlines
(Telecompaper) Alibaba Group is investing another USD 1 billion in the southeast Asia e-commerce platform Lazada in order to increase its stake to 83 percent from 51 percent. The deal gives Lazada valuation of USD 3.15 billion, much higher than when Alibaba first bought its controlling stake for USD 1 billion in April 2016. Alibaba is acquiring the additional shares in the company from existing Lazada shareholders.
Frutarom acquires 80% stake in Brazilian taste solutions producer SDFLC
2017-06-27 01:00:00| Food Processing Technology
Israel-based flavours and speciality ingredients producer Frutarom has acquired an 80% stake in SDFLC Brasil Indústria E Comércio (SDFLC), a Brazilian manufacturer of taste solutions for desserts.
Tags: solutions
taste
producer
brazilian
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