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Orange sells remaining stake in BT for GBP 486 mln
2019-06-28 10:16:00| Telecompaper Headlines
(Telecompaper) Orange has completed the sale of its residual participation in BT Group for a net amount of GBP 486 million. The company said that it would sell approximately 248 million BT shares through a private placement, representing around 2.5 percent of the group's share capital, with settlement planned for 02 July. Of the total shares, around 41 million have been acquired by BT. Orange had previously said that BT would participate in the sale with a GBP 80 million irreducible order at the placement price.
Tags: orange
remaining
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Lenzing to acquire remaining stake in China subsidiary
2018-10-24 15:46:00| Daily apparel & textile news and comment - from just-style.com
Austrian cellulosic fibre producer Lenzing Group is to acquire the remaining 30% stake in its Chinese subsidiary Lenzing Nanjing Fibers Co (LNF).
Tags: china
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subsidiary
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Co-op Group sells remaining stake in Co-op Bank
2017-09-21 10:18:06| BBC News | Business | UK Edition
The Co-operative Group has sold is remaining 1% stake in Co-op Bank for 5m.
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bank
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GVK divests remaining stake in BIAL for nearly $200m
2017-07-14 01:00:00| Airport Technology
Indian company GVK Power and Infrastructure has sold its 10% remaining shares of Bangalore International Airport (BIAL) to Fairfax India Holdings for a consideration of Rs12.9bn ($200m).
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200m
Frutarom acquires remaining stake in Spanish firm Nutrafur
2017-06-14 01:00:00| Food Processing Technology
Israeli flavours and specialty ingredients manufacturer Frutarom has acquired the remaining stake in Nutrafur, a Spanish natural plant extract producer.
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spanish
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