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Tag: stake
National Food Products drops stake sale plan
2016-06-24 01:00:00| Food Processing Technology
UAE-based National Food Products has discarded its plan to sell an interest in the company.
Tags: products
plan
national
sale
Tencent pays for majority stake in Clash of Clans maker
2016-06-21 14:52:19| BBC News | Business | UK Edition
Chinese internet giant Tencent Holdings is buying a majority stake in Supercell, the Finnish maker of the Clash of Clans game.
Tags: pays
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stake
Telia to sell Yoigo stake to MasMovil for EUR 479 mln
2016-06-21 09:56:00| Telecompaper Headlines
(Telecompaper) Swedish telecommunications group Telia has agreed to sell its 76.6 percent stake in Spanish mobile operator Yoigo to MasMovil for EUR 479 million. In a statement, Telia said the transaction price is based on an enterprise value of EUR 625 million for 100 percent of Yoigo. "The divestment of Yoigo is an important milestone in our ambition to increase focus on our operations in the Nordics and Baltics," said Telia CEO Johan Dennelind, adding that "I am happy that we have an agreement with MasMovil, which will be able to leverage a small but great and agile team into a combined unit, creating an even stronger challenger in the Spanish market." The deal is expected to close in the third quarter of 2016 subject to approval from Spanish competition authorities.
Oi swaps Namibia telco stake for Africatel holding
2016-06-21 02:00:00| Total Telecom industry news
Brazilian operator announces new deal with Samba Luxco to bring lengthy shareholder dispute to an end.
Tags: holding
namibia
stake
swaps
Adeptio agrees to acquire majority stake in Americana
2016-06-20 01:00:00| Food Processing Technology
Dubai-based Adeptio AD Investments has agreed to purchase the majority stake in Kuwait Food Co (Americana) for $2.36bn.
Tags: majority
acquire
agrees
americana
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