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Tag: stake
Expedia sells stake in Chinese travel service
2015-05-22 18:59:50| Apparel - Topix.net
Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million. Before the market opened, Bellevue, Washington-based Expedia said that it had sold its 62.4 percent share in eLong to a group that includes Ctrip.com International Ltd., Keystone Lodgings Holdings Ltd., Plateno Group Ltd. and Luxuriant Holdings Ltd. The company said the transaction closed Friday.
Tags: service
travel
chinese
sells
Castel acquires stake in Belvedere
2015-05-22 15:04:00| Daily beverage news and comment - from just-drinks.com
Castel has purchased a 5.66% holding in Belvédre. The transaction has been completed within the framework of an agreement with Morocco-based Diana Holdings, the wine and spirits company's single biggest shareholder.
Tags: stake
acquires
castel
belvedere
TeliaSonera takes a 30% stake in Springworks
2015-05-22 12:44:20| IT Services - Topix.net
Sweden's TeliaSonera AB said Friday it had invested in the Swedish software and technology company Springworks that operates in the fields of cloud services and the Internet of Things. TeliaSonera didn't reveal the value of its investment, but it will now own a 30% stake in Springworks and will have two members on the company's board, a spokesman said.
Tags: in
takes
stake
teliasonera
HP sells China unit stake for $2.3bn
2015-05-22 03:05:53| BBC News | Business | UK Edition
US tech giant Hewlett-Packard is selling a 51% stake in its Chinese server business for $2.3bn (1.4bn) to Tsinghua Holdings.
DEA sells stake in Egypts $12bn West Nile Delta project to BP
2015-05-19 01:00:00| Offshore Technology
German company DEA has sold its stake in the $12bn West Nile Delta (WND) project in Egypt to its joint venture partner and operator BP.
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