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South Africa's Spar Group to buy 80% stake in BWG

2014-08-11 11:56:21| Beverages - Topix.net

South Africa's Spar Group is to buy an 80% stake in BWG Group, which owns Spar in Ireland and the southwest of England, for 55m.

Tags: group buy south stake

 

Lululemon founder dumps half his stake

2014-08-09 06:31:37| Apparel - Topix.net

Lululemon founder Dennis "Chip" Wilson, who once caught flak for comments about customers' body size, has dumped half his stake in the yoga clothes company.

Tags: half founder stake dumps

 
 

Airtel sells Infratel stake for USD 350 million

2014-08-08 13:23:00| Telecompaper Headlines

(Telecompaper) Indian mobile telephony operator Bharti Airtel has raised around INR 21.4 billion (approximately USD 349.6 million) from a share sale in its unit Bharti Infratel. Via this move, Airtel sought to comply with a rule that requires listed companies to have a minimum 25 percent public shareholding. Before the sale, Airtel held a 79.4 percent stake in its mobile tower unit Bharti Infratel. Airtel sold a 4.5 percent Infratel stake on the open market. 

Tags: million usd sells stake

 

CANADA: Lululemon founder sells 50% of his stake

2014-08-08 12:40:53| Daily apparel & textile news and comment - from just-style.com

Lululemon Athletica founder Chip Wilson has sold 50% of his ownership in the Canadian yoga wear brand to Advent International.

Tags: canada founder sells stake

 

Bharti raises 256m from towers stake sale

2014-08-08 02:00:00| Total Telecom industry news

Indian mobile operator sells 4.5% stake in Bharti Infratel to comply with securities regulations.

Tags: sale raises stake towers

 

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