Stake

Saudi Arabia's Public Investment Fund will acquire a 50 percent stake in a UAE firm which last month took control of Kuwaiti food giant Americana, the PIF said on Monday.

Activist investor William Ackman has built a stake worth about $5.5 billion in Mondelez International Inc, the maker of Cadbury chocolate.

US soda giants Coca-Cola and PepsiCo are among the companies competing for a minority stake in Greek yogurt maker Chobani, a person familiar with the process said.

Last week, Heineken International consolidated its stake in UBL by picking up over 21 lakh shares of Vijay Mallya-led firm for Rs 179 crore through open market transactions.

US fast-food giant McDonalds will sell a controlling stake in its China and Hong Kong business for up to $2.08 billion to a consortium including state-owned Citic and the Carlyle Group, it was announced Monday.

Australia's Domino's Pizza Enterprises said Tuesday it is expanding into Asia, taking a 75 percent stake in the fast-food brand's Japanese business for 12 billion yen (US$123.4 million).The Brisbane-based company will acquire the interest in ...

USL said that following the completion of this sale, it will "hold no shares in United Breweries and will cease to be a promoter of United Breweries".

West government is taking steps for formally staking claim to 'Rasogolla' as the state's invention through the GI route at a time when the famous sweetmeat finds itself at the centre of a debate as ...

Heineken is seeking to raise its stake in India's largest brewer, United Breweries Ltd to gain full management control as it bets on the country's growing thirst for beer

InBev will pay £44 per share for SABMiller, which has also agreed to sell its stake in US unit MillerCoors for $12 billion to Molson Coors.