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Tag: offloads
Diageo offloads major wine interests
2016-01-04 09:55:11| Beverages - Topix.net
Diageo was ringing in 2016 on Monday with the completion of the sale of its major wine interests. The FTSE 100 beverage multinational had previously announced its intention to sell the US-based Chateau and Estate Wines and the UK-based Percy Fox arm, to Treasury Wine Estates In October, Diageo indicated the dollar valuation of the transaction would be worth $552m, with net proceeds to the firm of A 320m.
Tags: major
interests
wine
diageo
Castel offloads Bordeaux estate to Changyu
2015-12-04 15:46:00| Daily beverage news and comment - from just-drinks.com
French drinks group Castel has confirmed the sale of a majority stake in Bordeaux estate Château Mirefleurs to its Chinese partner, Changyu.
Tags: estate
bordeaux
castel
offloads
Diageo offloads beer stakes to Heineken, ups Guinness Ghana Breweries control
2015-10-07 10:16:00| Daily beverage news and comment - from just-drinks.com
Diageo has sold off stakes in two beer businesses to Heineken for US$780.5m as it strengthens its grip on its Guinness brewery in Ghana.
Globe offloads Yondu stake for 17m
2015-09-08 02:00:00| Total Telecom industry news
Mobile entertainment firm Xurpas snaps up 51% stake in VAS provider; establishes partnership with Filipino operator.
Tags: globe
stake
17m
offloads
Becker Drapkin Management Offloads Nearly 28% Of Its Stake In EMCORE Corporation
2015-08-13 17:43:00| Electronics - Topix.net
Becker Drapkin Management , founded by Matthew Drapkin and Steven R. Becker , has recently disclosed in a 13D filing with the Securities and Exchange Commission that it has unloaded 883,611 shares of EMCORE Corporation . Following the transactions, the hedge fund currently owns 2.31 million shares in the provider of semiconductor-based products, translating into a 9.0% ownership stake.
Tags: management
corporation
becker
stake
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