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Stella McCartney sells minority stake to LVMH

2019-07-16 13:55:00| Daily apparel & textile news and comment - from just-style.com

Designer Stella McCartney has has sold a minority stake in her business to LVMH to accelerate worldwide development of her eponymous British luxury fashion brand, and as part of a wider sustainability push at the luxury goods group.

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Ethiopia to issue two telecom licenses, sell minority stake in Ethio Telecom

2019-07-08 09:50:00| Telecompaper Headlines

(Telecompaper) Ethiopia will award two telecoms licenses to multinational mobile companies, Reuters reported, citing a senior official. State Minister of Finance Eyob Tekalign Tolina said the government will also offer a minority stake in monopoly operator Ethio Telecom. The minister made the statement in reference to two new licenses and a 49 percent stake in Ethio Telecom. A senior executive at one of the companies interested in entering Ethiopia told Reuters that the market structure announced on 5 July is "as expected and very sensible approach".  

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Ford makes $500M minority investment in Rivian; next-gen Ford EV on Rivian skateboard

2019-04-24 17:56:56| Green Car Congress

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Daimler takes minority stake in Sila Nanotechnologies; next-generation lithium-ion battery materials

2019-04-16 19:56:58| Green Car Congress

Tags: takes materials battery minority

 

AT&T sells Hulu minority stake back to Hulu

2019-04-16 00:00:19| Digital TV News

AT&T (NYSE:T) and Hulu have announced an agreement by which AT&T has sold its minority stake in Hulu back to the streaming video joint venture. The transaction valued Hulu at $15 billion, with AT&T's 9.5% interest valued at $1.43 billion.

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