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Diageo takes majority stake in Seedlip

2019-08-07 13:41:00| Daily beverage news and comment - from just-drinks.com

Diageo has acquired a major shareholding in non-alcoholic spirits brand Seedlip.

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Kirin puts focus on health with US$1.21bn cosmetics firm stake buy

2019-08-06 14:50:00| Daily beverage news and comment - from just-drinks.com

Japanese brewer Kirin has ploughed JPY129bn (US$1.21bn) into a cosmetics firm to expand into the health food & beverage category.

Tags: buy health focus firm

 
 

Tencent set to buy 10% stake in Universal Music

2019-08-06 10:28:18| BBC News | Business | UK Edition

UMG's parent company Vivendi is in talks with the Chinese tech group over the deal.

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Vivendi in talks to sell 10% stake in Universal Music to Tencent

2019-08-06 10:01:00| Telecompaper Headlines

(Telecompaper) Vivendi has entered into preliminary negotiations with Chinese group Tencent to sell 10 percent of Universal Music Group (UMG), in a deal that would give UMG a preliminary equity valuation of EUR 30 billion. Tencent would also have a one-year call option to acquire an additional 10 percent stake at the same price and terms, said the company.

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Volkswagen subsidiary Elli acquiring minority stake in emobility software company hastobe

2019-08-01 11:56:59| Green Car Congress

Tags: software company subsidiary volkswagen

 

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