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Telecom Italia may look at buying Metroweb stake - sources

2014-03-20 20:34:00| Telecom - Topix.net

Buying a stake in Metroweb would allow Telecom Italia to join forces with cash-rich, state-backed holding company Cassa Depositi e Prestiti , which indirectly controls Metroweb together with infrastructure fund F2i, they said.

Tags: sources italia buying telecom

 

SPAIN: Desigual swaps stake for EUR285m investment

2014-03-19 13:14:00| Daily apparel & textile news and comment - from just-style.com

Apparel business Desigual has handed over a 10% stake in the company to investment group Eurazeo in return for EUR285m (US$397m) in funding.

Tags: spain investment stake swaps

 
 

UPDATE 1-San Miguel says not selling stake in liquor unit Ginebra

2014-03-19 09:23:51| Beverages - Topix.net

Philippine conglomerate San Miguel Corp is not selling its controlling stake in liquor maker Ginebra San Miguel Inc, the group's president stated, after shares in both firms surged amid market talk about a Ginebra sale.

Tags: update unit selling miguel

 

Chariot secures stake in Mohammedia Reconnaissance licence, Morocco

2014-03-19 01:00:00| Offshore Technology

Chariot Oil & Gas Investments (Morocco), a wholly-owned subsidiary of Chariot Oil & Gas, has secured a 75% interest and operatorship of the Mohammedia Reconnaissance licence offshore Morocco.

Tags: licence morocco stake reconnaissance

 

Arca Continental to buy majority stake in Tonicorp for $400m

2014-03-19 01:00:00| Food Processing Technology

Mexican firm Arca Continental plans to acquire a controlling stake in Tonicorp, an Ecuador-based dairy products maker, for $400m.

Tags: buy majority continental stake

 

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