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MYANMAR: Fraser & Neave faces fight for Myanmar Brewery stake

2013-08-29 16:18:00| Daily beverage news and comment - from just-drinks.com

Fraser & Neave has revealed that its joint-venture partner in Myanmar Brewery, Myanmar Economic Holdings (MEH), plans to start arbitration proceedings over its stake in the brewery.

Tags: fight faces myanmar stake

 

Vodafone confirms talks to sell Verizon Wireless stake

2013-08-29 09:07:00| Telecompaper Headlines

(Telecompaper) Vodafone Group confirmed it's in talks with Verizon Communications to sell its 45 percent stake in their US joint venture Verizon Wireless. The company said there was no certainty an agreement would be reached. The statement follows a report in the Wall Street Journal that the two had restarted talks on the deal. Previous talks had broken down over price, with Verizon looking to pay around USD 100 billion for the stake and Vodafone hoping for more like USD 130 billion, people familiar with the matter said. Verizon is expected to finance the deal through a combination of cash and stock. The recent increase in interest rates has reportedly prompted the company to push again for the deal, in order to avoid a more costly takeover in future.

Tags: sell wireless talks vodafone

 
 

Vodafone confirms talks with Verizon on Verizon Wireless stake

2013-08-29 02:00:00| Total Telecom industry news

Source claims U.S operator in discussions with banks over tens of billions of dollars in loans.

Tags: wireless talks vodafone verizon

 

US: Bill Foley to take stake in California wholesaler - report

2013-08-28 17:23:00| Daily beverage news and comment - from just-drinks.com

Wine entrepreneur Bill Foley is set buy a stake in California-based distributor Epic Wines, according to reports.

Tags: report california bill stake

 

Ryanair must cut Aer Lingus stake

2013-08-28 09:46:56| Airlines - Topix.net

Ryanair's 30% stake in Aer Lingus damages competition on routes between Britain and Ireland and must be cut to 5%, a regulator has ordered.

Tags: cut stake aer ryanair

 

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