Sentences with phrase «cent shareholding on»
«This transaction values Religare Health Insurance at Rs 1,300 crore and Religare Enterprises currently has 80 per cent shareholding on a fully diluted basis in the company,» it said further.
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Fonterra Co-operative Group, the world's biggest dairy exporter, has entered the battle for Australia's dairy assets, buying a 6 per cent shareholding in Bega Cheese after the market closed on Thursday.
On Wednesday Saputo snapped up Murray Goulburn's 17.7 per cent WCB shareholding, taking its stake to 77 per cent and triggering a 20 cents rise in its offer to $ 9.40 a share (worth $ 526 million).
On the one hand, the government appears to be backing off its commitment to local ownership and content, repealing legislation passed last year that required mining firms to have 35 per cent local shareholding.
The Member of Parliament for New Juabeng North, Dr Assibey Yeboah, speaking on the floor of the house, said there was no logic in giving out over 55 per cent waiver on a project that the country would have only 30 per cent shareholding in.
Before the share purchase transaction closed, all parties were aware that Mr. L had sued Venture Steel on the basis that he had been dismissed without cause, and that his nine per cent shareholding in Venture Steel had been wrongfully cancelled.