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Castle Brands eyes Bourbon growth with Copperhead Distillery Co stake

2015-06-19 16:00:00| Daily beverage news and comment - from just-drinks.com

New York-based spirits firm Castle Brands is to build new a warehouse in Kentucky after buying a stake in a Bourbon distillery owner.

Tags: eyes growth brands castle

 

UPDATE 1-Jana Partners takes stake in ConAgra, ready to nominate directors

2015-06-19 07:52:54| Agriculture - Topix.net

Activist hedge fund Jana Partners LLC took a stake in ConAgra Foods Inc and said it was prepared to nominate directors to the company's board to help address "persistent underperformance" since the acquisition of RalCorp in 2013. Jana Partners, whose 7.2 percent stake makes it the second-largest shareholder in the Slim Jim Beef Jerky maker, said the company's shares were undervalued.

Tags: update ready takes partners

 
 

Tenaga to acquire 1MDBs majority stake in $3.6bn coal fired power project in Malaysia

2015-06-19 01:00:00| Power Technology

Malaysian power utility Tenaga has announced plan to acquire the state-owned 1Malaysia Development Berhad's (1MDB) entire 70% stake in a 2GW coal-fired power project, 3B.

Tags: power project majority malaysia

 

Alibaba, Foxconn buy stake in Softbank's Robotics business

2015-06-18 11:44:00| Telecompaper Headlines

(Telecompaper) Alibaba and Foxconn have agreed to each buy a 20 percent share in Softbank's Robotics business for JPY 14.5 billion per stake. Softbank will retain ownership of the remaining 60 percent. SoftBank, Alibaba and Foxconn will together build a structure to bring Pepper and other robotics businesses to global markets and to develops the robotics industry on a worldwide scale.

Tags: business buy alibaba stake

 

Vivendi Said to Consider Increasing Stake in Telecom Italia

2015-06-17 10:50:57| Telecom - Topix.net

While no decision has been made, Vivendi is looking at boosting its holding to a range of 10 percent to 15 percent as early as next month, the person said, asking not to be identified because the deliberations are private. Vivendi, the French media company chaired by billionaire Vincent Bollore, is set to become Telecom Italia's largest shareholder, with a stake of about 8 percent that it's taking on from Telefonica SA.

Tags: italia increasing telecom stake

 

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