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The Coca-Cola Co to buy 29.4% stake in Coca-Cola Amatil's Indonesian arm
2014-10-30 13:23:00| Daily beverage news and comment - from just-drinks.com
The Coca-Cola Co is to pay US$500m for a minority stake in Coca-Cola Amatil's Indonesian unit as it aims to reverse falling demand for its brands in the South-East Asian country.
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The Wet Seal, Inc. (WTSL): Clinton Group Inches Up Stake After Company Undertakes Cost Cutting Steps
2014-10-30 00:44:38| Jewelry - Topix.net
George E. Hall 's Clinton Group , has picked up its position in The Wet Seal, Inc. , as a new filing with the Securities and Exchange Commission showed. Clinton currently owns some 5.89 million class A shares of the company, which represent 7% of class.
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Fiat Chrysler says to spin off Ferrari, list 10 percent stake
2014-10-29 19:16:36| Automakers - Topix.net
The world's seventh-largest carmaker said the board had mandated its management to complete the spin-off next year. It said the remaining 90 percent would be distributed among FCA shareholders - who include the Agnelli family which founded Fiat.
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Chaucer Foods buys 65% stake in US snacks firm
2014-10-29 05:23:31| Food - Topix.net
Chaucer Foods has agreed to buy 65% of US-based Crunchies Food Company, which supplies healthy snacks, including freeze-dried fruits and vegetables, to expand its global business. The move runs against the recent trend for US firms to invest in UK.
New Call buys 70% stake in Nimbuzz for USD 175 mln
2014-10-28 08:55:00| Telecompaper Headlines
(Telecompaper) UK operator New Call Telecom has acquired a 70 percent stake in mobile messaging service provider Nimbuzz for USD 175 million. "We see huge potential for new revenue streams and very large expansion of broadband in India through this", Jerome Booth, New Call chairman told The Economic Times. Following the completion of the acquisition, Nimbuzz will become a unit of New Call Telecom and will continue to be headed by Nimbuzz CEO Vikas Saxena.
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