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Tag: stake
Vivendi agrees Universal Music stake sale to Tencent consortium
2019-12-31 11:01:00| Telecompaper Headlines
(Telecompaper) Vivendi has agreed to sell 10 percent of its Universal Music Group (UMG) subsidiary to a consortium led by Chinese group Tencent, in a deal valuing the whole of UMG at EUR 30 billion. Tencent and Vivendi entered talks on the sale in August, just over a year after the plan for a stake disposal was first unveiled. The consortium, which includes Tencent, Tencent Music Entertainment and a number of financial investors, has also negotiated the option to acquire an additional 10 percent stake in UMG by 15 January 2021, at the same price and terms.
Tags: music
sale
universal
agrees
Amazon probed over plan to buy Deliveroo stake
2019-12-27 13:08:21| BBC News | Business | UK Edition
The competition watchdog is worried the deal could increase the cost of getting food delivered.
KKR, Alberta Investment To Buy Majority Stake In Canada's Coastal GasLink
2019-12-26 14:27:01| OGI
Private equity firm KKR & Co. Inc. said on Dec. 26 it and Alberta Investment Management Corp. would jointly buy a 65% stake in TC Energy Corp.'s Coastal GasLink Pipeline in Canada.
Tags: buy
investment
majority
alberta
Petronas Buys 49% Of Repsols Stake In Indonesias Andaman III Block
2019-12-23 14:05:52| OGI
Repsol will still hold a 51% stake in the block after the deal.
Energy Firm Equinor Raises Stake In Solar Power Company Scatec
2019-12-20 16:23:57| OGI
The energy firm paid 754 million Norwegian crowns (US$84.2 million) for the stake.
Tags: company
power
energy
firm
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