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US: DS Services of America buys Sequoia Spring Water

2014-06-30 18:12:00| Daily beverage news and comment - from just-drinks.com

DS Services of America has completed another acquisition, this time in California.

Tags: services water america spring

 

Tencent buys 19.9% stake in 58.com for USD 736 mln

2014-06-29 17:25:00| Telecompaper Headlines

(Telecompaper) Chinese internet and mobile services firm Tencent has agreed to invest USD 736 million in exchange for approximately 19.9 percent equity interest in Chinese online marketplace 58.com. Tencent has agreed to purchase 36,805,000 Class A and B ordinary shares at a purchase price of USD 20 per ordinary share, corresponding to USD 40 per American Depositary Share, each representing two ordinary shares. In addition, 58.com will use part of the proceeds from this transaction to repurchase 27,603,750 ordinary shares from existing pre-IPO shareholders. Tencent and 58.com have agreed to use each other as the preferred partner in local services. Tencent and 58.com plan to jointly build out online-to-offline (O2O) services leveraging the combined features of their respective platforms.

Tags: usd buys stake mln

 
 

Insider Buying: BioDelivery Sciences International CFO Buys 1,250 Shares of Stock

2014-06-29 04:51:47| Biotech - Topix.net

BioDelivery Sciences International CFO Paolantonio Ernest Robert De bought 1,250 shares of the stock in a transaction dated Wednesday, June 25th.

Tags: international stock buying sciences

 

Hachette Book Group buys Perseus Book Group; Perseus Distribution...

2014-06-28 18:47:49| IT Services - Topix.net

In a three-way deal that would continue a wave of consolidation in the publishing industry, Hachette Book Group has purchased the publishing division of the Perseus Book Group, while selling Perseus' client-service business to leading distributor Ingram Content Group.

Tags: group book distribution buys

 

UK: SuperGroup buys Scandinavian partner SMAC

2014-06-27 12:29:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer Supergroup has acquired Scandinavian distributor, the SMAC Group, for an undisclosed sum.

Tags: partner buys scandinavian smac

 

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