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Singapore Airlines boosts stake in Virgin Australia
2016-04-07 06:49:37| Airlines - Topix.net
The move comes as The Australian Financial Review's Street Talk column on Thursday reported Singapore Airlines was viewed as the most likely buyer of Air New Zealand's 25.9 per cent stake in Virgin. In an announcement to the Singapore Stock Exchange on Wednesday evening, the Singaporean carrier said it now owned 23.11 per cent of Virgin, up from 22.91 per cent previously.
Tags: australia
singapore
virgin
airlines
Verizon buys 24.5% stake in AwesomenessTV
2016-04-06 15:40:00| Telecompaper Headlines
(Telecompaper) Verizon is expanding content available for its mobile TV service with the acquisition of a 24.5 percent stake in AwesomenessTV. Dreamworks Animation remains majority shareholder with 51 percent of AwesomenessTV, and Heart holds the remaining 24.5 percent. The Verizon investment values the media company at USD 650 million. In addition to its equity investment, Verizon will enter into an agreement with AwesomenessTV to create a premium short-form mobile video service. The new service will launch as part of Verizon's go90 mobile video service.
Tags: buys
verizon
stake
buys stake
Glencore sells stake in agribusiness
2016-04-06 10:46:35| BBC News | Business | UK Edition
Mining and commodity trader Glencore says it has agreed to sell a 40% stake in its agricultural business to Canada Pension Plan Investment Board.
Tags: sells
stake
agribusiness
glencore
Glencore sells stake in agribusiness
2016-04-06 10:46:35| BBC News | Business | UK Edition
Mining and commodity trader Glencore says it has agreed to sell a 40% stake in its agricultural business to Canada Pension Plan Investment Board.
Tags: sells
stake
agribusiness
glencore
Verizon buys 24.5% stake in AwesomenessTV
2016-04-06 02:00:00| Total Telecom industry news
Deal values DreamWorks-owned online video company at $650 million.
Tags: buys
verizon
stake
buys stake
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