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Volkswagen buys 16.6% stake in US truck company Navistar

2016-09-06 16:28:51| BBC News | Business | UK Edition

Volkswagen agrees a deal to buy a 16.6% stake in US truck-maker Navistar.

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Intertape Polymer buys majority stake in stretch film maker Powerbrand

2016-09-02 17:05:37| Canadian Plastics Headlines

Tape and film manufacturer Intertape Polymer Group (IPG) is acquiring a 74% ownership stake in Powerband Industries Private Limited, a global supplier of acrylic adhesive-based carton sealing tapes and stretch films located in Daman, India. The purchase price is approximately… The post Intertape Polymer buys majority stake in stretch film maker Powerbrand appeared first on Canadian Plastics.

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Disney buys stake in BAMTech to start ESPN streaming service

2016-08-10 01:20:00| Telecompaper Headlines

(Telecompaper) The Walt Disney Company is acquiring a 33 percent stake in BAMTech, a technology services and video streaming company previously formed by Major League Baseball (MLB). As part of the transaction, BAMTech was separated from MLB's broader digital business, MLB Advanced Media (MLBAM). Under the terms of the transaction, Disney will pay USD 1 billion in two installments, now and in January 2017, and has the option to acquire majority ownership in the coming years.

Tags: service start disney streaming

 

Vintage Wine Estates buys Splinter Group Spirits stake

2016-08-04 13:04:00| Daily beverage news and comment - from just-drinks.com

Vintage Wine Estates has acquired a majority interest in Napa-based Splinter Group Spirits. 

Tags: group wine vintage spirits

 

Time Warner buys 10% stake in Hulu

2016-08-04 08:22:00| Telecompaper Headlines

(Telecompaper) Time Warner has acquired a 10 percent stake in streaming TV service Hulu for USD 583 million. It joins Disney, 21st Century Fox and Comcast as shareholders in the joint venture. In addition, the company has agreed to contribute content from its Turner stable of channels to Hulu, including TNT, TBS, CNN, Cartoon Network, Adult Swim, truTV, Boomerang and Turner Classic Movies. The content will launch on Hulu's new live-streaming service, which is slated to launch early next year. In addition to live channels, Hulu will continue to offer its ad-supported VoD service and the ad-free subscription VoD service.

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