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Tag: stake
AarKel buys majority stake in Platinum Tool Technologies
2016-06-17 17:31:31| Canadian Plastics Headlines
In a deal involving two Southern Ontario moldmakers, AarKel Tool & Die has acquired a majority stake in Platinum Tool Technologies Inc. Platinum Tool has facilities in Windsor and in the Saltillo/Monterrey region of Mexico. Headquartered in Wallaceburg, Ont., AarKel… The post AarKel buys majority stake in Platinum Tool Technologies appeared first on Canadian Plastics.
Tags: tool
technologies
majority
platinum
Twitter buys stake in SoundCloud
2016-06-15 10:34:00| Telecompaper Headlines
(Telecompaper) Twitter has invested around USD 70 million for a stake in the music service SoundCloud, reports Re/code. This is part of a financing round by SoundCloud to raise about USD 100 million in total, sources familiar with the deal said. The round is expected to value SoundCloud at about USD 700 million the same value that investors placed on the company in 2014. Twitter CEO Jack Dorsey wouldn't comment on the specifics of the company's investment, but confirmed that Twitter now owns a stake in SoundCloud. "Earlier this year we made an investment in SoundCloud through Twitter Ventures to help support some of our efforts with creators," he said. "They've been great partners of ours over the years and their community-supported approach mirrors ours in many ways."
Tags: buys
stake
twitter
buys stake
Kenyan government to increase stake in Orange to 40%
2016-06-10 13:52:00| Telecompaper Headlines
(Telecompaper) The Kenyan government plans to increase its stake in Orange Kenya from the current 30 percent to 40 percent, Capital FM reported. Treasury Cabinet Secretary Henry Rotich says this is part of the government plans in rehabilitating struggling parastatals.
Tags: to
increase
government
orange
China's Nanshan buys 20% Virgin Australia stake
2016-06-10 02:29:11| BBC News | Business | UK Edition
Chinese group Nanshan buys a 20% stake in Virgin Australia from Air New Zealand.
Tags: australia
virgin
buys
stake
KKR to acquire stake in PT Japfa Tbk for $81.2m
2016-06-10 01:00:00| Food Processing Technology
Global investment firm KKR will acquire a 10.44% interest in Japfas major subsidiary PT Japfa Comfeed Indonesia Tbk for $81.2m.
Tags: acquire
stake
kkr
acquire stake
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