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Tag: stake buys
Omantel buys 10% stake in Zain for USD 846 million
2017-08-10 12:30:00| Telecompaper Headlines
(Telecompaper) Omantel has agreed to buy a 9.84 percent stake in the Middle East mobile operator Zain for USD 846.1 million. Omantel will buy 425.7 million treasury shares from Zain for KWD 0.60 per share, a significant premium to the KWD 0.45 closing price the day before the announcement.
Elliott buys NXP stake, raising pressure on Qualcomm
2017-08-07 08:38:00| Telecompaper Headlines
(Telecompaper) The activist investor Elliott Management has acquired a 6 percent stake in chipmaker NXP Semiconductors and said it would push for a higher price from Qualcomm in its takeover of NXP. Elliott's stake, valued at USD 2.2-2.3 billion, makes it NXP's largest shareholder, Reuters reports.
Tags: pressure
raising
buys
stake
Heineken's Lagunitas Brewing Co buys 19.99% stake in Short's Brewing Co
2017-07-27 17:13:00| Daily beverage news and comment - from just-drinks.com
Heineken-owned Lagunitas Brewing Co has bought a minority stake in Michigan craft brewer Short's Brewing Co.
Mike Ashley's Sports Direct buys 26% stake in Game Digital
2017-07-13 10:52:42| BBC News | Business | UK Edition
The deal adds to Mike Ashley's growing list of holdings in High Street retailers.
Tags: sports
game
digital
direct
Veon sells Euroset stake to Megafon, buys half of shops
2017-07-12 08:46:00| Telecompaper Headlines
(Telecompaper) Veon is exiting its retail joint venture with Megafon in Russia. The operator agreed to sell its 50 percent stake in the retailer Euroset to Megafon, while at the same time acquiring half of all Euroset stores. Veon said the more mature Russian market means a greater focus on customer service and retention, rather than Sim card sales, requiring the operator to develop its own shop network.
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