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Nouryon-led Consortium Wins EU Backing for Green Hydrogen Project

2020-01-22 14:34:00| Coatings World Breaking News

Aimed at cutting carbon emissions.

Japan Display abandons investment deal with Suwa consortium, still in talks with Ichigo for financing

2020-01-08 09:08:00| Telecompaper Headlines

(Telecompaper) Japan Display has abandoned its investment deal with the Suwa consortium, after it was unable to reach a final agreement on the capital injection by year-end. The company said it remains in talks with the Ichigo Trust on additional funding and hopes to complete the deal within the next couple months.

Tags: with japan display deal

Vivendi agrees Universal Music stake sale to Tencent consortium

2019-12-31 11:01:00| Telecompaper Headlines

(Telecompaper) Vivendi has agreed to sell 10 percent of its Universal Music Group (UMG) subsidiary to a consortium led by Chinese group Tencent, in a deal valuing the whole of UMG at EUR 30 billion. Tencent and Vivendi entered talks on the sale in August, just over a year after the plan for a stake disposal was first unveiled. The consortium, which includes Tencent, Tencent Music Entertainment and a number of financial investors, has also negotiated the option to acquire an additional 10 percent stake in UMG by 15 January 2021, at the same price and terms.

Tags: music sale universal agrees