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Orange eyes stake in Iran's MCI - reports

2016-09-01 11:18:00| Telecompaper Headlines

(Telecompaper) France's Orange is in preliminary talks to acquire a stake in Mobile Telecommunication Company of Iran (MCI), the country's largest operator, in what would mark the first significant deal involving a Western firm and a major Iranian company since nuclear sanctions were lifted in January, reports The Wall Street Journal, citing sources close to the talks.

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Mezzan Holding acquires 70% stake in Al Safi Food Company

2016-08-26 01:00:00| Food Processing Technology

Kuwait-based food and beverage company Mezzan Holding has acquired a 70% stake in Al Safi Food Company, a food manufacturing start-up in Saudi Arabia.

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Orange denies reported deal for Telecom Italia stake

2016-08-25 10:03:00| Telecompaper Headlines

(Telecompaper) An Orange spokesperson denied that the company had reached a deal with Vivendi on the acquisition of a stake in Telecom Italia and Canal Plus, reports Les Echos. The statement came following press reports that the two groups could be close to an agreement. Orange representatives have admitted the possibility of talks with Vivendi, as rumours of discussions last emerged in early July. News site Challenges published an article on 24 August claiming that Orange was considering taking a stake in Telecom Italia and Canal Plus in a deal brokered by investment banker Jean-Marie Messier. According to Challenges, the stake in Canal Plus (in the region of 20 percent) was not necessarily dependent on the acquisition of a stake in Telecom Italia, in which Vivendi holds 24.9 percent of the share capital. Vivendi has not commented on the reports.

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Hügli acquires 80% stake in Bresc

2016-08-25 01:00:00| Food Processing Technology

Switzerland-based Hügli Group has acquired an 80% stake in Dutch food service company Bresc, which develops and produces chilled garlic and herb products.

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Chinese firm 'eyes Liverpool FC stake'

2016-08-21 13:49:56| BBC News | Business | UK Edition

A consortium led by Chinese investment firm Everbright is interested in buying a stake in Liverpool Football Club, according to media reports.

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