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BRF signs agreement to acquire remaining stake Oman's Al Khan Foodstuff
2016-04-26 01:00:00| Food Processing Technology
Brazilian poultry exporter BRF has signed an agreement to purchase the remaining interest in Oman-based Al Khan Foodstuff (AKF).
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TIM in talks to swap TI Sparkle stake for Metroweb - report
2016-04-25 08:45:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) and state-backed lender Cassa Depositi e Prestiti (CDP) are negotiating a deal that may see the operator acquire Milan-based broadband provider Metroweb in exchange for a stake in its international wholesale unit TI Sparkle, according to unnamed sources cited by Reuters. Metroweb is currently owned by CDP-controlled Fondo Strategico Italiano (FSI) and infrastructure fund F2i, with Fastweb retaining an 11 percent stake. Italian daily La Repubblica also reported that a possible deal could see Telecom Italia buy F2i's 54 percent stake in Metroweb in cash before acquiring FSI's stake in exchange for a 25 percent stake in Sparkle.
Telecom Italia may swap Sparkle stake for Metroweb
2016-04-25 02:00:00| Total Telecom industry news
Italian incumbent reportedly in talks over deal that would ramp up Enel rivalry.
Tags: italia
telecom
swap
stake
UK ready to take stake in Tata Steel
2016-04-21 14:29:21| BBC News | Business | UK Edition
UK government prepared to take stake of up to 25% in Tata Steel's UK operations to support sale.
America Movil considers sale of 21% KPN stake - report
2016-04-21 14:20:00| Telecompaper Headlines
(Telecompaper) America Movil is considering the sale of its minority stake in Dutch operator KPN, people with knowledge of the matter told Bloomberg. The 21 percent stake is what remains of America Movil's failed takeover attempt of KPN almost three years ago. KPN's share price has roughly doubled in the past three years, and the stake is now worth about EUR 3.2 billion. Bloomberg's sources said the stake could be attractive to other operators looking to expand in Europe, such as Deutsche Telekom, Orange or Altice. However, America Movil hasn't made a final decision about the timing or structure of a sale, the report said.
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