je.st
news
Tag: stake buys
Whirlpool buys big stake in Italy's Indesit
2014-07-11 16:43:50| Appliances - Topix.net
A company official says the path of saltwater that spilled from a pipeline in western North Dakota extends for nearly 2 miles and has left behind a 200-yard-long stretch of dead vegetation.
Tags: big
buys
stake
whirlpool
Telefonica buys Mediaset stake in Digital+ for EUR 295 mln
2014-07-07 09:34:00| Telecompaper Headlines
(Telecompaper) Telefonica has agreed to acquire Mediaset's 22 percent stake in Spanish pay-TV platform Digital+ for an initial EUR 295 million. Telefonica said it had also agreed to pay Mediaset a further EUR 30 million in compensation for waiving its right of first refusal for the stake, a further EUR 10 million when it completes the acquisition of Prisa's 56 percent stake in Digital+ and an additional EUR 30 million depending on the future performance of the Spanish pay-TV market. In June Telefonica said it had closed the purchase of the 56 percent stake in Digital+ owned by Prisa for EUR 750 million to raise its stake in the broadcaster to 78 percent, a deal which is still subject to regulatory approval. If Spain's regulator green lights the deal, Telefonica would take full control of Digital+ and gain greater flexibility in integrating TV content into its Movistar Fusion convergent packages. The acquisition of Digital+ brings with it a large customer base in the form of the 1.6 million subscribers to pay-TV channel Canal+ and gives Telefonica access to Prisa's TV catalogue, including its rights to live Spanish football games. Mediaset is said to have accepted Telefonica's offer to free up funds to pay for the rights to televise Serie A, Italy's top-flight football league, between 2015 and 2018.
PetroQuest buys stake in oil leases west of Baton Rouge
2014-07-01 13:45:51| Chemicals - Topix.net
Lafayette-based PetroQuest Energy Inc. has acquired a 50 percent stake in the 30,000 acres Midstates Petroleum Co.
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.
Eurogerm buys 70% stake in Problend Ingredients
2014-06-24 01:00:00| Food Processing Technology
A subsidiary of food technical ingredients company Eurogerm, Eurogerm USA, has acquired a 70% stake in US-based Problend Ingredients, which specialises in preparations for pastries, cookies and breading.
Tags: ingredients
buys
stake
buys stake
Sites : [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] next »