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Tag: stake
Yahoo to keep larger Alibaba stake
2013-10-15 23:54:00| BBC News | Business | UK Edition
Yahoo plans to retain a bigger part of its stake in Chinese online retailer Alibaba and reports a slight fall in sales.
Tags: yahoo
larger
alibaba
stake
Softbank buys stake in Finnish games developer Supercell
2013-10-15 11:24:00| Telecompaper Headlines
(Telecompaper) Finnish games developer Supercell has agreed to sell a 51 percent stake in the company to Japan's Softbank and GungHo Online Entertainment, another games developer, for a total USD 1.5 billion. GungHo, which already works with Supercell on some platforms, will put up 20 percent of the investment. Supercell CEO Ilkka Paananen said the company holding the controlling stake will be based in Finland. The investment from Softbank is expected to accelerate the global growth of the maker of 'Clash of Clans'. Started in 2010, Supercell focuses on games for tablets and has already raised over USD 100 million in financing from private firms such as Index Ventures, Accell Partners, Atomico and Initial Capital.
Tags: games
developer
finnish
buys
Body Shop Buys Stake in Emporio Body Store
2013-10-15 07:00:00| Happi Breaking News
Fast-growing Brazilian firm founded by Tobia Chanan.
SoftBank to buy 51% stake in Finnish game maker
2013-10-15 02:00:00| Total Telecom industry news
Deal values Supercell at $3 billion.
Tele2 stake sale sees Russia inch towards consolidation
2013-10-14 02:00:00| Total Telecom industry news
VTB to offload 50% stake in Russian mobile operator in deal estimated at $2 billion.
Tags: sale
russia
inch
consolidation
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