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Dairy Crest acquires remaining 50% stake in Promovita Ingredients

2015-12-22 01:00:00| Food Processing Technology

UK-based dairy processing company Dairy Crest has acquired the remaining 50% stake that it does not currently own in Promovita Ingredients from Fayrefield Foods.

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Japan's Nomura to buy stake in American Century for $1 billion...

2015-12-21 15:42:24| Grocery - Topix.net

Nomura had said late November that it would invest further in its Americas operations over the next two to three years, seeking to strengthen its M&A advisory and primary equity and debt businesses in the region. CIBC had acquired a 41 percent equity interest in Kansas City, Missouri-based money manager American Century in August 2011 for $848 million in cash.

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KBC Group Has $17,676,000 Stake in Monster Beverage Corp

2015-12-21 14:02:15| Beverages - Topix.net

KBC Group lowered its stake in shares of Monster Beverage Corp by 28.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The hedge fund owned 130,799 shares of the company's stock after selling 52,797 shares during the period.

Tags: group corp monster beverage

 

TeliaSonera divests stake in Nepal's Ncell, begins Central Asia exit

2015-12-21 11:51:53| IT Services - Topix.net

Dec 21 Swedish telecoms operator TeliaSonera AB on Monday said it has agreed to sell its 60.4 percent stake in Nepalese operator Ncell to Malaysian mobile operator Axiata for $1.03 billion, receiving a further $48 million in compensation for dissolving a Nepalese ownership. TeliaSonera had said in September it would gradually abandon Central Asian markets, hit by years of investigations into alleged corruption linked to local partners and problems accessing cash in distant countries.

Tags: central asia begins exit

 

Axiata to acquire 80% stake in Ncell for USD 1.3 bln

2015-12-21 09:33:00| Telecompaper Headlines

(Telecompaper) Malaysia-based Axiata Group has agreed to buy Nepalese mobile operator Ncell from TeliaSonera. Axiata thus expands its regional footprint, entering the Nepalese market. Through its subsidiary Axiata Investments (UK), Axiata has entered into a conditional agreement with TeliaSonera and SEA Telecom Investments for the 100 percent acquisition of Reynolds Holdings for USD 1.365 billion. This provides Axiata with an 80 percent equity interest and controlling stake in Ncell.

Tags: usd acquire stake bln

 

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