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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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Kind Snacks Explores Selling a Stake of its Business

2017-07-11 20:01:00| Food Processing

Snack bar maker Kind LLC, is reportedly seeking to sell a minority stake in its business it hopes will value its products at more than $3 billion.

Tags: business kind selling stake

 
 

Solvay to sell its stake in Brazilian PVC compounder Dacarto Benvic

2017-07-11 16:56:37| Canadian Plastics Headlines

The sale is part of Solvay's plan to exit the PVC market. The post Solvay to sell its stake in Brazilian PVC compounder Dacarto Benvic appeared first on Canadian Plastics.

Tags: sell pvc brazilian stake

 

JD sports founders explore sale of Footasylum stake

2017-07-11 14:16:00| Daily apparel & textile news and comment - from just-style.com

The families of the two founders of UK sports retailer JD Sports - John Wardle and David Makin - have initiated proceedings to sell their minority stake in UK high-street chain Footasylum. 

Tags: sports sale explore stake

 

Pearson sells 22% stake in Penguin Random House

2017-07-11 09:47:35| BBC News | Business | UK Edition

Shares in the publishing firm rise after it says the sale will raise about $1bn (776m).

Tags: house random sells pearson

 

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