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Sports Direct buys stakes in US firms

2016-01-13 09:53:56| BBC News | Business | UK Edition

The discount sportswear chain has bought stakes in US firms Iconix and Dick's Sporting Goods.

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Orange buys Airtel operations in Burkina Faso, Sierra Leone

2016-01-13 09:09:00| Telecompaper Headlines

(Telecompaper) Orange is continuing its acquisition drive in Africa and has agreed to acquire Bharti Airtel's operations in Burkina Faso and Sierra Leone. Orange will acquire 100 percent of the two companies, which generate annual revenue of around EUR 275 million. The purchase price is equal to around 7.9 times their annual EBITDA. The acquisitions will be implemented in partnership with Orange's subsidiaries in Cote d'Ivoire and Senegal and are still dependent on local regulatory approval. The takeover adds another two countries to Orange's African footprint, taking it to a total 20, as well as almost 5.5 million subscribers.

Tags: operations orange sierra leone

 
 

Orange buys Airtel's Burkina Faso, Sierra Leone units

2016-01-13 01:00:00| Total Telecom industry news

French incumbent adds two more countries and 5.5 million subscribers to its mobile customer base.

Tags: orange units sierra leone

 

Diamond Foods Buys Part of U.K. Popcorn Business

2016-01-12 18:02:00| Food Processing

Diamond Foods say it purchased a stake in U.K. food business Metcalfes skinny Ltd., owner of a premium ready-to-eat popcorn line.

Tags: business part diamond foods

 

China's Reignwood Group buys majority stake in Voss Water

2016-01-12 14:35:00| Daily beverage news and comment - from just-drinks.com

Voss Water has sold a controlling stake in its namesake brand to Red Bull China owner Reignwood Group. 

Tags: group water majority buys

 

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