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Tag: stake
Indonesia's Indofood secures over 50% stake in China Minzhong Food
2013-09-06 01:00:00| Food Processing Technology
Indofood Sukses Makmur (Indofood), an Indonesian-based instant noodle manufacturer, has announced that it now holds a more than 50% stake in Singapore-listed vegetable supplier China Minzhong Food (CMFC).
Tags: china
food
stake
secures
Mail.Ru revenue up 27% in Q2, sells Facebook stake
2013-09-05 16:44:00| Telecompaper Headlines
(Telecompaper) Russian internet group Mail.Ru reported aggregate segment revenue up 28.4 percent year-on-year to RUB 12.442 billion in H1, with 27.3 percent annual growth in Q2. In H1, EBITDA grew 26.1 percent to RUB 6.706 billion, and net profit was up 27.6 percent to RUB 5.063 billion. Net cash at 30 June totaled RUB 6.818 billion, and the company raised another USD 525 million in July-August with the sale of its remaining 14.2 million Facebook shares. The monthly audience (TNS Russia) of the Mail.Ru portal in June reached 33.2 million Russian users. The company increased its 2013 guidance and now expects aggregate segment revenue growth of 27-29 percent, led by contextual advertising and games.
Tags: revenue
sells
facebook
stake
Finland cuts TeliaSonera stake
2013-09-05 02:00:00| Total Telecom industry news
State-owned company raises 368 million from sale of 1.6% stake in telecoms operator.
Tags: finland
cuts
stake
teliasonera
JAPAN/INDIA: Suntory Holdings silent on Radico Khaitan stake reports
2013-09-03 12:25:00| Daily beverage news and comment - from just-drinks.com
Suntory Holdings has declined to comment on a report it is in talks to buy a 26% stake in India's second-largest spirits producer, Radico Khaitan.
Tags: reports
silent
holdings
stake
Verizon reclaims US wireless stake for $130B
2013-09-03 06:29:43| IT Services - Topix.net
Verizon will own its wireless business outright after agreeing Monday to pay $130 billion for the 45 percent stake in Verizon Wireless owned by British cellphone carrier Vodafone.
Tags: wireless
verizon
stake
verizon wireless
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