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Tele2 exits Austria in sale to 3 Group for EUR 95 mln

2017-07-28 12:38:00| Telecompaper Headlines

(Telecompaper) Tele2 has agreed to sell its Austrian business Tele2 Austria to Hutchison Drei Austria for an enterprise value of EUR 95 million. The transaction sees Tele2 narrow its focus further to growth markets, while the deal means 3 Group will expand into the fixed market in Austria. 

Tags: group sale eur austria

 

Anheuser-Busch InBev seeks UK marketing head as Nick Robinson exits

2017-07-06 15:31:00| Daily beverage news and comment - from just-drinks.com

Anheuser-Busch InBev has said it will announce a new UK marketing head "in due course" after incumbent Nick Robinson left the company.

Tags: head marketing nick seeks

 
 

Bai Brands founder exits in wake of Dr Pepper Snapple Group takeover

2017-06-23 12:48:00| Daily beverage news and comment - from just-drinks.com

Dr Pepper Snapple Group has confirmed the departure of Bai Brands CEO & founder Ben Weiss.

Tags: group brands bai wake

 

MTS exits Uzbekistan, sells UMS stake to state

2016-08-08 08:46:00| Telecompaper Headlines

(Telecompaper) Russian mobile operator MTS is exiting the Uzbekistan market and has sold its 50.01 percent stake in the mobile operator Universal Mobile Systems (UMS) to the government. The State Unitary Enterprise Centre of Radio Communication, Radio Broadcasting and Television of the Ministry of Development of ICT acquired the shares for an undisclosed sum. The state already held the other 50 percent of UMS. MTS said the dale is "due to a variety of business reasons and other circumstances", but did not provide further details. The company expects to record a write-off of the related assets of RUB 3 billion in Q3.

Tags: state uzbekistan sells stake

 

Nike exits golf equipment in apparel and footwear focus

2016-08-04 14:35:00| Daily apparel & textile news and comment - from just-style.com

US sporting goods giant Nike is to accelerate innovation in its golf footwear and apparel business, but will stop selling equipment such as clubs, balls and bags after years of falling sales.

Tags: equipment focus golf apparel

 

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