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Liberty Global raises stake in Ziggo

2013-04-30 02:00:00| Total Telecom industry news

U.S.-based operator lifts stake in Dutch cableco to 15% triggering takeover talk.

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JAPAN: Kirin Holdings' Q1 boosted by Fraser & Neave stake sale

2013-04-29 16:36:09| Daily beverage news and comment - from just-drinks.com

Kirin Holdings has reported a significant return to net profit in its first-quarter helped by the sale of its stake in Fraser & Neave earlier this year.

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Alibaba buys 18% stake in Weibo for USD 586 mln

2013-04-29 15:38:00| Telecompaper Headlines

(Telecompaper) Chinese e-commerce company Alibaba has acquired an 18 percent stake in Chinese microblogging service Weibo for USD 586 million. Alibaba bought the stake as part of a broader alliance with Weibo's owner Sina to develop new e-commerce and marketing services over the social network. Sina, which runs China's biggest web portal, will cooperate with Alibaba in the areas of user account connectivity, data exchange, online payment and online marketing, among other things, as well explore new business models for social commerce based on the interactions of the hundreds of millions of users on Weibo and Alibaba's e-commerce platforms. The strategic alliance is expected to generate USD 380 million in advertising and social commerce services revenues for Weibo over the next three years. Alibaba also receives an option to increase its stake in Weibo to 30 percent in future.

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Singapore Airlines Boosts Stake in Virgin Australia

2013-04-27 09:04:26| Airlines - Topix.net

Virgin Australia on Wednesday said Singapore Airlines had agreed to buy a further 9.9 percent stake in the company for Aus$122.4 million as rivals to Qantas step up their game.

Tags: australia singapore virgin airlines

 

US: Wirtz teams with McLane to take Missouri Beverage stake

2013-04-26 13:36:58| Daily beverage news and comment - from just-drinks.com

Wirtz Beverage Group has joined forces with food supply firm McLane in a bid to take an unspecified stake in distributor Missouri Beverage.

Tags: teams missouri beverage stake

 

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