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Mahou San Miguel to take 30% stake in US craft brewer Founders
2014-12-18 14:03:00| Daily beverage news and comment - from just-drinks.com
Mahou San Miguel, the Spanish brewer, is capitalising on the growth of the US craft brewing market by taking a 30% stake in Founders.
Quiksilver completes sale of Surfdome stake
2014-12-18 11:06:00| Daily apparel & textile news and comment - from just-style.com
Surf-led fashion business Quiksilver has completed the sale of its majority stake in Surfdome to Australia's SurfStitch Group.
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Telecom Italia offers deal for all or part of Metroweb stake
2014-12-16 14:50:00| Telecompaper Headlines
(Telecompaper) Telecom Italia has made a proposal to acquire some or all of the stake in Milan-based broadband provider Metroweb currently owned by Italian infrastructure fund F2i. Confirmation of the bid came from Telecom Italia's CEO Marco Patuano, who said the company was prepared to discuss industrial plans. "We have offered two options: a total purchase [of F2i's stake] or a partial one. There will be talks soon," he told reports at an event in Rome, according to Reuters. F2i currently owns a 53.8 percent stake in Metroweb's holding company Metroweb Italia and recent reports have suggested it will decide whether or not to sell its asset in the first quarter of 2015. Vodafone Italia has also expressed an interest in Metroweb but a possible sale would have competitive implications, as already confirmed by Italy's anti-trust regulator AGCM.
Shanghai Challenge takes stake in Masood Textile Mills
2014-12-16 11:26:00| Daily apparel & textile news and comment - from just-style.com
China's Shanghai Challenge Textile Company has acquired a 24.36% stake in Masood Textile Mills, one of the few vertically integrated textile and apparel makers in Pakistan.
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Terra Firma considering sale of stake in Infinis Energy
2014-12-16 01:00:00| Power Technology
Private equity firm Terra Firma is considering selling its 68.6% stake in Infinis Energy, a renewable energy firm founded by British financier Guy Hands.
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