je.st
news
Tag: stake
Itochu raises stake in Vinatex with eye on Europe
2018-04-04 15:54:00| Daily apparel & textile news and comment - from just-style.com
Japanese conglomerate Itochu Corp has increased its ownership of Vietnam state-owned textile company Vinatex with a view to expanding the country's capabilities and turning it into a textile export hub for Europe.
Elliott raises Telecom Italia stake to 9.9% - report
2018-04-04 15:07:00| Telecompaper Headlines
(Telecompaper) Activist fund Elliott has increased its stake in Telecom Italia (TIM) to 9.9 percent following its call to replace six Vivendi-nominated board members, including chairman Arnaud de Puyfontaine, with its own candidates, reports La Repubblica. TIM has officially announced that it will supplement the agenda of the upcoming Annual Shareholders' Meeting to be held on 24 April with Elliott's motion but the report indicates that Vivendi and funds association Assogestioni are also expected to submit a slate with their board candidates. Shareholders could even request that the board be enlarged from the current 15 members.
Tags: report
italia
telecom
raises
Spotify shares close higher in first day of trading, Sony reduces stake
2018-04-04 09:35:00| Telecompaper Headlines
(Telecompaper) Spotify's shares gained nearly 13 percent from the reference price in its first day of trading in New York. The closing price of USD 149.01 values the music streaming company at around USD 26 billion.
Henkell & Co takes majority stake in Lithuanian distributor Filipopolis
2018-04-03 14:25:23| Daily beverage news and comment - from just-drinks.com
German wine group Henkell & Co has followed up its acquisition of sparkling wine company Freixenet with the purchase of Lithuanian distributor Filipopolis.
Tags: takes
majority
distributor
stake
Telia sells Spotify stake with 2.4x return on purchase price
2018-03-30 12:29:00| Telecompaper Headlines
(Telecompaper) Telia Company said that it has gradually divested its entire holding in Spotify to institutional investors for USD 272 million or approximately SEK 2.3 billion, ahead of the streaming music company's listing on the stock market. This is equivalent to a return on investment of approximately 2.4 times. Telia invested USD 115 million in Spotify for a 1.4 percent stake in June 2015, after having begun to include Spotify Premium in its services in October 2009.
Tags: price
return
purchase
sells
Sites : [89] [90] [91] [92] [93] [94] [95] [96] [97] [98] [99] [100] [101] [102] [103] [104] [105] [106] [107] [108] next »