Not exact matches
Seedrs makes money by taking roughly 6 per
cent commission on
funds raised, and then a share
of any increase in value when the company is
sold — similar to the «carry» earned by private equity firms.
In 2005, his hedge
fund owned 5.4 per
cent of Wendy's and Ackman was among a group
of investors who successfully pushed the company to spin off Tim Hortons despite management's preference to simply
sell off a stake in the donut chain along with some
of its real estate.
Fidelity - owned
funds cut their stake by 2.54 per
cent in PC Jeweller last week and one
of the company's promoters Balram Garg believes the continuation
of the sharp fall in PC shares this week could be due to further
selling by the foreign investor
of its remaining stake.
Over the past couple
of years, speculators have also used short sales
of gold to obtain low cost
funds to invest in other assets — for example, by shorting gold (borrowing it and
selling it in the spot market), market participants have been able to obtain US dollars at between 1 and 2 per
cent, well below the rate
of return available on US assets.
Several days ago we
sold our long position in the iShares Dow Jones Real Estate Index
Fund (IYR) as it came within 30
cents of its target.
Wild Selections ® gives back to the oceans by donating 13
cents from every can
sold — a total
of $ 1 million by 2018 — to World Wildlife
Fund marine conservation and fishery improvement projects.
With Bega having
sold its 18.8 per
cent WCB stake already and Murray Goulburn set to follow suit, whether the 90 per
cent hurdle is hit will depend on Lion and the hedge
funds who own the majority
of the remaining stock.
A2 plans to offer 40 million shares at NZ50
cents a share, a discount to the market price
of NZ68
cents, while its three largest shareholders — Freedom, Mountain Road Investments and EGI -
Fund investors — have agreed to
sell up to 140 million shares, increasing liquidity in the company.
Voters in Mt. Prospect - based River Trails Elementary District 26 approved a 50 -
cent increase in the education
fund rate, to $ 2.60 per $ 100, while their counterparts in Huntley Consolidated School District 158 agreed the district should
sell $ 18 million in bonds to
fund the construction
of two new schools.
Advisers who
sell funds with an upfront commission may charge 1 to 2 per
cent, or nothing at all, and then collect higher trailing commissions
of up to 1 per
cent in most cases.
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.
Bajaj Capital, a leading financial services company which is the parent company
of Bajaj Allianz Insurance Company, plans to
sell its stakes upto 26 per
cent so as to raise
funds for achieving growth in the financial products distribution undertaking, as disclosed by the company's official spokesperson.
So
selling credits at 90
cents compared with 60
cents per credit translates into a difference
of $ 3 million in project
funding.