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Constellation Brands acquires Press Premium Alcohol Seltzer stake

2020-02-03 15:50:00| Daily beverage news and comment - from just-drinks.com

Constellation Brands has followed its recent forecast of booming sales for hard seltzers in the US with the purchase of a holding in Press Premium Alcohol Seltzer in the country.

Tags: press premium brands alcohol

 

Vodafone agrees to sell 55% stake in Egypt unit to STC

2020-01-29 08:53:00| Telecompaper Headlines

(Telecompaper) Vodafone Group has agreed to sell its 55 percent stake in Saudi Telecom Company (STC) for USD 2.39 billion cash. This gives the mobile operator co-owned with Telecom Egypt an enterprise value of USD 4.35 billion and a multiple of 7.0x adjusted EBITDA for the year to September. 

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Suntory Holdings to buy 10% stake in Edrington

2020-01-28 14:01:00| Daily beverage news and comment - from just-drinks.com

Suntory Holdings has agreed to purchase a 10% holding in Scottish distiller Edrington for an undisclosed sum.

Tags: buy holdings stake suntory

 

Halewood Wines & Spirits takes stake in Vestal Vodka

2020-01-27 13:33:00| Daily beverage news and comment - from just-drinks.com

Halewood Wines & Spirits has purchased a 48% share of Vestal Vodka as it continues to build its focus on "artisanal spirits".

Tags: takes spirits stake wines

 

Oi sells 25% stake in Unitel for USD 1 billion

2020-01-24 16:46:00| Telecompaper Headlines

(Telecompaper) Oi has agreed to sell its 25 percent share in Angolan operator Unitel for USD 1 billion, reports O Globo. The buyer is Angolan oil company Sonangol which will pay USD 750 million initially and the rest in 90 days.

Tags: usd billion sells stake

 

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