Splash Beverage inks deal to buy 80% stake In Pulpoloco Sangria
Thu, Jun 23, 2022 6:38 PM

Splash Beverage inks deal to buy 80% stake In Pulpoloco Sangria

Get it on Google Play
An agreement has been signed by Splash Beverage Group Inc. to buy an 80% stake in Pulpoloco Sangria, a Spanish wine brand. In 2020, Splash acquired the distribution rights to Pulpoloco and is currently the exclusive importer of Pulpoloco for the U.S. Via the arrangement, Splash will have control over the production and marketing of Pulpoloco in the US and other regions, generating more profit.

More great flips

51% stake in U.S. firm Trader Interactive to be acquired by Carsales.com

51% stake in U.S. firm Trader Interactive to be acquired by Carsales.com

Australian Carsales.com, on Monday, announced that it will purchase the remaining 51% stake in U.S.-based Trader Interactive for $809 million. The online auto classifieds firm is planning this move a year after buying 49% in the Virginia-based online advertising company. Carsales.com in May 2021 has already paid $624 million for the 49% stake it holds in Trader Interactive.

Open Flip
NSE puts 4 stocks under F&O ban on NSE on Monday❗

NSE puts 4 stocks under F&O ban on NSE on Monday❗

NSE has put a total of four stocks under the ban for trade on Monday, June 27, 2022 in the futures and options (F&O) segment as they have crossed 95% of the market-wide position limit (MWPL). These four stocks include RBL Bank, Indiabulls Housing Finance, Sun TV and Delta Corp. No fresh positions are allowed for any of the F&O contracts in these stocks as long as they are under the F&O ban.

Open Flip
Asian stocks gain on Monday taking cues from Wall Street

Asian stocks gain on Monday taking cues from Wall Street

Asian shares surged on Monday amid improved risk sentiment after Wall Street rebounded robustly at the closing hours of the previous week. Japan's Nikkei zoomed 1.04%, while Australia's benchmark rallied 1.69%. Chinese blue chips improved 0.54% and Hong Kong's Hang Seng surged 1.46%. South Korea's Kospi advanced 1.65%. MSCI's broadest index of Asia-Pacific shares gained 1.31%.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon