US drinks giant The Coca - Cola Co will invest $ US500 million in Indonesia in return for a 29.4 per
cent equity stake in Coca - Cola Amatil's Indonesian business.
Direct investors are defined as foreign shareholders with at least a 10 per
cent equity stake in the Australian company; all others are defined as portfolio investors.
The financial sector changes were later confirmed by Yi Gang, the newly appointed head of China's central bank, who said foreign investors would be allowed to hold up to a 51 per
cent equity stake in brokerage firms, futures companies and fund management firms.
Not exact matches
US - based hedge fund Mt Kellett Capital Management is understood to be considering converting its debt into Lynas
equity at about 10
cents per share, which would deliver it a substantial
stake in the $ 190 million miner.
Just Eat hit the headlines
in May 2015 after outlaying $ 855 million for Menulog, which was 55 per
cent owned by co-founder Leon Kamenev and 25 per
cent owned by online retailer Catch Group, which sold a similar business, EatNow, to Menulog earlier
in 2015
in return for an
equity stake.
It was initially seeking a deal with a new private
equity backer who could take a 51 per
cent stake in Accolade and help drive its Chinese growth strategy.
Last week it agreed to pay British private
equity firm Apax nearly $ 1 billion for a 56 per
cent stake in Israel's largest dairy manufacturer, Tnuva.
The Eagle Boy's largest shareholder is Brisbane - based private
equity firm NBC Capital, which acquired an 85 per
cent stake in the company from founder Tom Potter
in 2007.
«The two companies announced a «strategic partnership»
in late April with Microsoft investing $ 300M into the joint business dubbed «Newco» for a 17.6 per
cent equity stake and Barnes and Noble owning 82.4 per
cent.»
Pearson will invest $ 89.5 million
in cash
in NOOK Media, gaining a five per
cent equity stake.
Shire will pay $ 75m cash upfront and will also take a $ 50m
stake in the AIM - listed company, equivalent to about 7 per
cent of the
equity.
FSI will inject # 60 million into Rocco Forte and Family
in exchange for an
equity stake of 23 per
cent, valuing the enlarged
equity at # 260 million.
AGL will spend $ 448 million
in equity to lift its
stake to 100 per
cent, and will then negotiate with bankers for a refinancing of the coal mine.
Religare Enterprises will sell its entire 80 per
cent stake in Religare Health Insurance to a consortium of investors led by private
equity fund True North Managers for an estimated Rs 1,040 crore.
«We are
in talk with multiple banks, including commercial and co-operative, for a long - term strategic partnership and might offer a small
equity stake up to five per
cent to a bank of critical size and reach,» Reliance Life Insurance CEO Anup Rau told PTI.
The government is now
in a position to dilute its
equity stake by up to 49 per
cent in five public sector general insurance companies following the promulgation of the Insurance Laws (Amendment) Ordinance, 2014 by the President last week.