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US craft spirits buys keep coming for Constellation Brands, secures stake in Montanya Distillers - Rum in US data

2019-07-24 16:14:00| Daily beverage news and comment - from just-drinks.com

Constellation Brands has added a holding in Montanya Distillers to its list of craft spirits purchases in the US.

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Private equity firm buys majority stake in Reformation

2019-07-11 12:02:00| Daily apparel & textile news and comment - from just-style.com

A company backed by global private equity firm Permira is to acquire a majority stake in sustainable fashion brand Reformation.

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AG Barr buys 20% stake in Stryyk-owner Elegantly Spirited for US$1.3m

2019-06-07 12:28:00| Daily beverage news and comment - from just-drinks.com

AG Barr has entered non-alcoholic spirits with the GBP1m (US$1.3m) purchase of a minority holding in Elegantly Spirited, the owner of zero-proof brand Stryyk.

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Altus Midstream Buys Stake In Permian Highway Pipeline For $161 Million

2019-05-29 17:05:20| OGI

Altus Midstream, a midstream C-corp formed by Apache and Kayne Anderson last year, exercised and closed its option for a stake in the Permian Highway Pipeline.

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Hulu buys back AT&T's 9.5% stake for USD 1.43 bln

2019-04-16 09:04:00| Telecompaper Headlines

(Telecompaper) AT&T has sold its 9.5 percent minority stake in Hulu back to the US online TV service for USD 1.43 billion. The transaction values Hulu at USD 15 billion. The transaction will not require any approval, which means it was signed and closed. Hulu CEO Randy Freer said the company looked forward to collaborating still with AT&T in the future and that WarnerMedia will remain a "valued partner" for years to come. AT&T meanwhile said it will use the money raised from the sale, along with other planned sales of non-core assets, to reduce its debt. 

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