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Tag: stake
Nestly Buys Stake in Meal Delivery Group Freshly
2017-06-20 21:51:00| Food Processing
Freshly is a small ready meals group that sells healthy, prepared meals to consumers across the U.S. using a subscription-based model.
Tags: group
delivery
meal
buys
Orange to reduce stake in BT, issue convertible bonds
2017-06-20 10:08:00| Telecompaper Headlines
(Telecompaper) Orange will sell one third of its current participation in BT through a private placement of approximately 133 million shares, owned by its subsidiary Atlas Services Belgium. As part of this transaction, BT will place an order for GBP 200 million at the placement price, part of which for the benefit of its Employee Share Ownership Trust. Orange said that the sell-down represents around 1.33 percent of the share capital of BT. At the same time as the share sale, Orange will issue roughly GBP 520 million in convertible bonds due in 2021 that will be exchangeable into BT shares.
Tags: issue
reduce
orange
bonds
Mediaset acquires Telefonica's 11% stake in Premium unit
2017-06-20 08:30:00| Telecompaper Headlines
(Telecompaper) Italian commercial broadcaster Mediaset has announced the acquisition of an 11.1 percent stake in its pay-TV unit Mediaset Premium from Spain's Telefonica for an undisclosed amount. The Spanish group acquired the stake in 2014 for EUR 100 million but has always been regarded as a passive shareholder, especially since French media giant Vivendi pulled out of a deal to take over Premium, prompting a full-scale legal battle with Mediaset, which is seeking EUR 1.5 billion damages in the case. In a short statement, Mediaset simply confirmed the acquisition and said it now owned 100 percent of Premium shares.
Tags: premium
unit
stake
acquires
COSCO SHIPPING Ports to buy stake in Spain's Noatum Port for 203.49m
2017-06-15 01:00:00| Ship Technology
COSCO SHIPPING Ports' Spanish subsidiary has signed a sale and purchase agreement with TPIH Iberia to purchase 51% shares in Spain's Noatum Port Holdings (NPH) for an estimated sum of 203.49m.
Frutarom acquires remaining stake in Spanish firm Nutrafur
2017-06-14 01:00:00| Food Processing Technology
Israeli flavours and specialty ingredients manufacturer Frutarom has acquired the remaining stake in Nutrafur, a Spanish natural plant extract producer.
Tags: firm
spanish
remaining
stake
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