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PLDT acquires 10% stake in Rocket Internet for EUR 333 mln

2014-08-07 13:56:00| Telecompaper Headlines

(Telecompaper) Philippine Long Distance Telephone Company (PLDT) and Rocket Internet have signed a global partnership agreement to jointly develop online and mobile payment services in emerging markets. Under the terms of the agreement, PLDT will invest EUR 333 million for a 10 percent stake in Rocket.

Tags: internet eur rocket stake

 

Centricas subsidiary acquires stake in UK East Irish Sea licence

2014-08-06 01:00:00| Offshore Technology

Hydrocarbon Resources, a subsidiary of Centrica, has acquired a 45% interest in the UK East Irish Sea Blocks 113/26b and 113/27c (licence P.1482) from Serica Energy.

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BRF to acquire majority stake in Alyasra

2014-08-06 01:00:00| Food Processing Technology

Brazilian food company BRF has signed a binding offer to acquire a 75% stake in the retail frozen foods distribution business of Kuwait-based Alyasra Food Company.

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FRANCE: Borie Casteja Animation Participations buys stake in Maehler-Besse

2014-08-04 16:42:15| Daily beverage news and comment - from just-drinks.com

Borie Casteja Animation Participations (BCAP) has joined the big league of Bordeaux traders in acquiring a majority stake in its counterpart, Mähler-Besse.

Tags: france animation buys stake

 

UK: Permira dismisses Hugo Boss stake sale reports

2014-08-04 13:59:00| Daily apparel & textile news and comment - from just-style.com

Private equity firm Permira Advisers says it has no plans to sell its stake in German fashion retailer Hugo Boss.

Tags: sale reports boss hugo

 

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