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Tag: stake
Quintessential continues Irish acquisitions with brewery stake
2016-05-04 18:25:00| Daily beverage news and comment - from just-drinks.com
Quintessential Brands' Irish unit has acquired a 33% stake in a brewery, as it continues to ramp up its presence in the market.
Tags: continues
irish
acquisitions
stake
Petrobras completes sale of 67.2% stake in Argentina unit for $892m
2016-05-04 01:00:00| Hydrocarbons Technology
Brazil-based oil producer Petroleo Brasileiro (Petrobras) has completed the previously announced sale of its 67.2% stake in Petrobras Argentina (PESA) unit to Pampa Energía for $892m.
Tags: sale
unit
argentina
stake
SK Telecom Q1 profit jumps 29.3% boosted by Loen stake sale
2016-05-02 09:31:00| Telecompaper Headlines
(Telecompaper) SK Telecom saw its first-quarter revenue reach KRW 4.229 trillion, which represents a decline of 0.3 percent year-on-year. The drop was mainly due to the elimination of sign-up fees and increased number of subscribers who choose contract-based mobile fee discounts, the company said. Despite reduced equity method gain from SK Hynix, the net income increased by 29.3 percent year-on-year, reaching KRW 572.3 billion at 31 March 2015, as SK Planet sold its controlling stake in Loen Entertainment in the first quarter of 2016.
Tags: sale
profit
telecom
stake
Vivendi increases Ubisoft stake to 17.7%, seeks board seat
2016-05-02 08:30:00| Telecompaper Headlines
(Telecompaper) French media group Vivendi increased its stake in game maker Ubisoft to 17.7 percent of equity and over 15 percent of voting rights, Le Monde reports, citing a statement from financial markets authority AMF, which said that Vivendi plans to ask for representation on Ubisoft's board. After the announcement, Ubisoft told AFP that it was not surprised that Vivendi raised its stake past the 15 percent threshold, referring to the company's strategy of taking creeping control. It expects Vivendi to make an offensive during the Ubisoft's next general assembly.
Tags: board
increases
seat
seeks
Vancouver Airport Authority divests remaining stake in Vantage Airport Group
2016-04-29 01:00:00| Airport Technology
Vancouver Airport Authority, operator of Vancouver International Airport (YVR), has sold its remaining 50% stake in Vantage Airport Group to the other shareholder, Gateway Airports.
Tags: group
remaining
authority
airport
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