Stake Sale articles & resources on Made-in-China.com

Vietnam's Vinamilk Receives Stake Purchase Bids From Two Overseas Firms

Dec 16, 2016

Vietnam’s state investment firm has received offers from two foreign for stake purchase in the country’s dairy firm Vinamilk. The two firms will buy a combined 78.38 million shares in the company, according to a statement from ...

Tags: dairy firm, Vinamilk

China's Golden Wing Mau Buys Stake in Fruit Exporter T&G Global

Jul 13, 2016

Chinese fruit exporter Golden Wing Mau Agricultural Produce has acquired 19.99% stake in New Zealand fruit and vegetable group Turners & Growers (T&G) Global. Golden Wing Mau paid NZD2.95 a share to purchase 13.16 million shares from ...

Tags: fruit, Golden Wing Mau

Primary Opinion Acquires 48% Stake in Maggi Beer for $15m

May 11, 2016

Marketing technology company Primary Opinion has acquired 48% stake in Australian food company Maggi Beer Products for $15m. The stake sale comes after the food producer Maggi Beer cancelled its plans to issue a public offer. Of the ...

Tags: Primary Opinion, Maggi Beer

Fonterra Australia Sells 36.02% Stake in Dairy Technical Services

Apr 20, 2016

Fonterra Australia has entered into an agreement to sell its 36.02% stake in Dairy Technical Services (DTS) to a consortium that includes Bureau Veritas Singapore and AsureQuality. The stake sale will result in Bureau Veritas Singapore ...

Tags: Fonterra Australia, DTS, Diary Technical Service

Naturex Divests Its Stake in Aker Biomarine Joint Venture

Apr 6, 2016

Plant-based ingredients provider Naturex has divested its stake in the joint venture with Aker Biomarine which was created to krill extract production. As part of the agreement, Aker BioMarine will pay Naturex an undisclosed sum ...

Tags: Naturex, Aker Biomarine, Ingredients provider, Extract production

Havells India Turns to Domestic Market and Sells European Subsidiary Stakes

Dec 11, 2015

Havells India, a manufacturer of lighting and electrical products, plans to sell most of its stake in European lighting system and fixtures company Sylvania. Sylvania is one of the four leading lighting brands in Europe and Latin America. ...

Tags: Havells, LED lightings, electrical products

Fonterra Sells Its 50% Stake in Dairiconcepts to Dairy Farmers of America

Nov 24, 2015

New Zealand-based dairy cooperative Fonterra will sell its 50% stake in DairiConcepts to US-based cooperative Dairy Farmers of America (DFA) for NZD$196m ($126.7m) . DairiConcepts is the joint venture between Fonterra and DFA. Under ...

Tags: Fonterra, cheeses, dairy

UB Group Seeks Buyer for United Spirits Stake Worth $331m

Nov 11, 2015

India-based United Breweries Group is seeking a buyer for its residual 4% stake in United Spirits worth Rs 22bn ($331m) to repay its loans. The development may also see its chairman Vijay Mallya quit his position in United Spirits by ...

Tags: UB Group, United Spirits

Thai Union Frozen Products Considers Stake Sale in Chicken of The Sea

Aug 21, 2015

Thai Union Frozen Products (TUF) is considering divesting its stake in American tuna brand Chicken of the Sea, a move that could clear the way for its planned $1.5bn acquisition of Bumble Bee Foods. TUF CEO Thiraphong Chansiri was quoted ...

Tags: Frozen Products, Chicken

Dow's Divested Shares Would Be Offered to Kuwaiti Citizens as an IPO

Nov 19, 2014

Dow Chemical, which wants to hive off its various stakes in Kuwait’s chemical and petrochemical sectors, will offer its shares to Kuwaiti citizens as an initial public offering (IPO). Kuwait's state news agency KUNA quoted Public ...

Tags: petrochemical sectors, Dow Chemical, Textile

Korea Had Sold 5% of Stake in LNG Canada to Shell as Part of Efforts to Reduce Its Debts

May 6, 2014

South Korea's state-owned Korea Gas Corp said Friday it had sold 5% of its stake in LNG Canada to Shell as part of efforts to reduce its debts. "Kogas' subsidiary Kogas Canada LNG Ltd. has transferred 5% of its stake in LNG Canada to ...

Tags: Gas, LNG Canada

US-Based Life Insurer Metlife Has Finalized Acquisition of a 64.3% Stake Sale Chile's Afp

Oct 8, 2013

US-based life insurer MetLife has finalized acquisition of a 64.3% stake of Chilean pension fund administrator, AFP Provida from Spanish bank BBVA, in a deal worth approximately $1.54bn. From the sale of AFP, the Spanish bank received ...

Tags: Metlife, life insurer

Sinar Mas Group and CT Corp Are Planning to Divest Their Share in Insurance Company

Sep 27, 2013

Indonesian joint venture partners Sinar Mas Group and CT Corp are planning to divest their share in insurance company Mega Life to a foreign partner. Established in 2003 as an insurance joint venture (JV) between Sinar Mas and CT Corp, ...

Tags: Sinar Mas, CT Corp

CIMB Group Is Seriously Exploring Options to Divest Certain Stake in Indonesian

Sep 16, 2013

Malaysia-based diversified financial conglomerate CIMB Group is seriously exploring options to divest certain stake in Indonesian life-insurance joint venture (JV), PT CIMB Sun Life, to leverage growth opportunities in Southeast Asia. ...

Tags: Life-Insurance, CIMB Mulls

Reliance Life Inks a Bancassurance Pact to Distribute Its Array of Insurance Products

Aug 27, 2013

India-based private cReliance Life is looking to ink a bancassurance pact to distribute its array of insurance products and services in the country as well as offer a minority 5%stake in the company. The underwriter is seeking a suitable ...

Tags: Reliance Life

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