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PHILIPPINES: San Miguel Brewery owner offered US$6bn for majority stake - report

2014-07-07 13:42:00| Daily beverage news and comment - from just-drinks.com

San Miguel Corp has been offered as much as US$6bn for the majority share in its namesake brewing unit, the company's president has said in an interview.

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SABMiller to sell Tsogo Sun stake

2014-07-07 13:18:33| BBC News | Business | UK Edition

Global brewing giant SABMiller announces plans to sell its stake in a leading African hotel and casino chain Tsogo Sun.

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Telefonica buys Mediaset stake in Digital+ for EUR 295 mln

2014-07-07 09:34:00| Telecompaper Headlines

(Telecompaper) Telefonica has agreed to acquire Mediaset's 22 percent stake in Spanish pay-TV platform Digital+ for an initial EUR 295 million. Telefonica said it had also agreed to pay Mediaset a further EUR 30 million in compensation for waiving its right of first refusal for the stake, a further EUR 10 million when it completes the acquisition of Prisa's 56 percent stake in Digital+ and an additional EUR 30 million depending on the future performance of the Spanish pay-TV market. In June Telefonica said it had closed the purchase of the 56 percent stake in Digital+ owned by Prisa for EUR 750 million to raise its stake in the broadcaster to 78 percent, a deal which is still subject to regulatory approval. If Spain's regulator green lights the deal, Telefonica would take full control of Digital+ and gain greater flexibility in integrating TV content into its Movistar Fusion convergent packages. The acquisition of Digital+ brings with it a large customer base in the form of the 1.6 million subscribers to pay-TV channel Canal+ and gives Telefonica access to Prisa's TV catalogue, including its rights to live Spanish football games. Mediaset is said to have accepted Telefonica's offer to free up funds to pay for the rights to televise Serie A, Italy's top-flight football league, between 2015 and 2018.

Tags: digital eur buys stake

 

Anglo American to sell Lafarge stake

2014-07-07 09:01:47| BBC News | Business | UK Edition

London-listed mining firm Anglo American is selling its 50% stake in building materials group Lafarge Tarmac to cement maker Lafarge for 885m.

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Vinda acquires remaining stake in V-Care

2014-07-07 07:00:00| Nonwovens Industry Breaking News

Fully taps Chinas personal care market.

Tags: remaining stake acquires remaining stake

 

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