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SABMiller recommends revised AB InBev takeover offer
2016-07-29 18:30:25| BBC News | Business | UK Edition
Brewing giant SABMiller recommends that shareholders should accept the revised takeover offer from rival AB InBev.
Tags: offer
revised
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takeover
SABMiller and Anheuser-Busch InBev's takeover turbulence - Focus
2016-07-29 16:05:18| Daily beverage news and comment - from just-drinks.com
"If you Brexit, you fix it," was the joke doing the rounds after the UK voted to leave the European Union. But is it too late to fix Anheuser-Busch InBev's takeover of SABMiller?
Tags: focus
takeover
turbulence
sabmiller
Enel accelerates fibre plans with Metroweb takeover
2016-07-29 13:06:00| Telecompaper Headlines
(Telecompaper) Enel said its its Enel Open Fiber (EOF) wholesale broadband business agreed to acquire competitor Metroweb, allowing the group to accelerate its plan to roll out a high-speed broadband network all over Italy in competition with Telecom Italia. Under the deal, Enel and existing Metroweb shareholder, the state lender Cassa Depositi e Prestiti (CDP) Equity (CDPE), will each hold a 50 percent stake in the combined EOF/Metroweb entity. Enel and CDPE will each participate in a EUR 714 million capital increase for EOF which will use the proceeds to acquire all shares in Metroweb, Enel said in a statement.
Tags: plans
fibre
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accelerates
AB InBev's takeover of SABMiller remains under threat
2016-07-27 16:11:35| BBC News | Business | UK Edition
AB InBev's planned 50bn takeover of rival brewer SABMiller remains under threat from the double threat of the Brexit vote and a UK court ruling.
Tags: under
remains
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takeover
Verizon confirm takeover of Yahoo web assets for USD 4.8 bln
2016-07-25 13:22:00| Telecompaper Headlines
(Telecompaper) Verion has confirmed a deal to acquire Yahoo!'s web activities for USD 4.83 billion in cash. The acquisition sees Verizon expand further in digital media, after its takeover AOL last year, investments in video content and launch of a mobile video service. Yahoo's web properties and digital advertising business will be merged with AOL; additional technology assets to be acquired by Verizon include the programmtic ad platform Brightroll, mobile apps analytics service Flurry, and Gemini, Yahoo's native and search advertising platform. Yahoo will hold on to its stakes in Alibaba and Yahoo Japan, its cash and convertible notes, certain minority investments, and non-core patents (called the Excalibur portfolio). Following the takeover, which is expected to close by Q1 2017, Yahoo will change its company name and operate as a publicly traded investment company.
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