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Kellogg buys stake in African food distributor for $450 million

2015-09-15 17:09:07| Agriculture - Topix.net

As part of its expansion plan, Kellogg said it created a joint venture with African food company Tolaram Africa, to develop snack and breakfast foods for the West African market. Kellogg has the right to buy a stake in Tolaram in the future.

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Kellogg buys stake in African food distributor for $450 million

2015-09-15 16:37:31| Food - Topix.net

As part of its expansion plan, Kellogg said it created a joint venture with African food company Tolaram Africa, to develop snack and breakfast foods for the West African market. Kellogg has the right to buy a stake in Tolaram in the future.

Tags: food million african distributor

 
 

Clarin buys 49% stake in Nextel Argentina for USD 178 mln

2015-09-15 08:54:00| Telecompaper Headlines

(Telecompaper) Argentinian media conglomerate Clarin has reached a deal with NII Holdings to acquire a 49 percent stake in Nextel Argentina, with an option to acquire the remaining 51 percent pending regulatory approvals. Clarin said the total amount paid for the stake in Argentina's fourth largest mobile operator was USD 178 million, of which USD 159 million was paid up front, with the remaining amount due within 30 days. NII said the net proceeds received from the transaction will be used to provide additional liquidity to support its operations in Brazil.

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Icahn Buys a Stake in Troubled Freeport-McMoRan

2015-08-29 12:11:41| Energy - Topix.net

NEW YORK -- Activist investor Carl Icahn on Thursday revealed an 8.46% stake in mining, oil and gas company Freeport-McMoRan in a 13D filing with the SEC. Icahn entities have purchased 88 million shares at prices ranging from $9.58 to $16 per share.

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Icahn Buys a Stake in Troubled Freeport-McMoRan

2015-08-29 05:52:32| Oil & Gas - Topix.net

NEW YORK -- Activist investor Carl Icahn on Thursday revealed an 8.46% stake in mining, oil and gas company Freeport-McMoRan in a 13D filing with the SEC. Icahn entities have purchased 88 million shares at prices ranging from $9.58 to $16 per share.

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