The phrase "stake sale" refers to the process of selling a portion or percentage of ownership in a company or organization to another party. Full definition
In November, the government changed some listing rules to allow book building, or the process of using underwriters to assess investor demand and price interest, for stake sales in state - run firms, subject to approval by the prime minister. (breakingviews.com)
HFF had a strong showing in fourth place in NYC, with a performance buoyed by the $ 1.04 billion majority - stake sale of 60 Wall Street. (therealdeal.com)
Earlier in FY 15 - 16, Murugappa group also had a one - time earning of Rs. 883 Crore from an earlier 14 percent stake sale in its general insurance arm — Cholamandalam MS General Insurance. (policybazaar.com)