Sentences with phrase «cent stake»
The phrase "cent stake" refers to a small amount of money or investment. It means wagering or putting in just a few cents or a very small sum of money into something. Full definition
He has a 4.3 per cent stake in the company.
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Indonesian companies have a combined 60 per cent stake in the project.
He is said to own a 99 per cent stake in the company.
The conglomerate presently holds a 50 per cent stake in the development as part of a wider luxury travel portfolio.
In 2016 she struck a deal where Primary Opinion bought a 48 per cent stake for $ 15 million.
CHAMP acquired its 80 per cent stake from US firm Constellation Brands in February, 2011, for just under $ 300 million.
West Perth - based Australian Finance Group has announced it will purchase a 30.4 per cent stake of Sydney - based commercial property lender Think Tank Group for $ 10.9 million.
The comments come as confirmation emerged of Seven Group's direct involvement in AWE through a 4.16 per cent stake held by its fully - owned subsidiary Network Investment Holdings, which also holds its stake in Beach.
The company stated in a regulatory filing that the board meeting held on 18th April approved up to a 10 per cent stake sale in HDFC Life.
Japanese brewing giant Kirin still maintains a 10 per cent stake through its Australian subsidiary.
T. Rowe Price Associates Inc. own 5.45 per cent of shares, while Royal Bank of Canada and TD Asset Management have a 4.79 per cent 4.46 per cent stake respectively.
After the sale of little over a crore shares by Fidelity last week, it held 7.04 per cent stake amounting to 2.77 crore shares.
CHAMP acquired its 80 per cent stake stake in Accolade Wines for just under $ 300 million in February, 2011.
But the Maggie Beer Products operations have been struggling, with Primary Opinion taking a knife to the carrying value of its 48 per cent stake after it bought the holding for $ 15 million.
Celebrity chef Maggie Beer and her husband Colin still control the Maggie Beer Products business, but sold the 48 per cent stake last year for $ 15 million to Primary Opinion, as part of a succession planning strategy.
Lion paid around $ 50 million for the 10 per cent stake during the three - way takeover tussle for Warrnambool last year in a bid to protect its cheese contracts with the processor, which makes most of Lion's high - volume everyday cheese brands, such as Coon and Cracker Barrel.
Speculation is mounting that rival suitor Murray Goulburn will drop its bid and sell its 17.7 per cent stake as well.
Insurance Regulator IRDA has approved the 30 per cent stake purchase by Punjab National Bank (PNB) in MetLife India Insurance Company.
Currently, Edelweiss Financial Services have a 74 per cent stake whereas Tokio Marine owns 26 percent in the joint venture.
Irvine is using his 10 per cent stake in Warrnambool as a bargaining chip to renegotiate Lion's contracts with Saputo.
Investors said the board refused to engage when Wilmar made an informal 60 cents - a-share proposal in mid-2012, shortly after snapping up a 10.1 per cent stake for about 58 cents a share.
CHAMP acquired its 80 per cent stake from United States alcoholic beverage giant Constellation Brands in February 2011, for almost $ 300 million.
The $ 5 billion Canadian online poker and gambling giant has emerged with an 80 per cent stake of a combined CrownBet and William Hill corporate bookmaking business that will take on Tabcorp and Sportsbet in the heated battle for Australian punters.
PNB bought the entire 26 per cent stake held by Principal Financial Group and the 32 per cent participating interest of domestic firm UK (Berger) Paints in Principal PNB Life Insurance Company Ltd..
The Insurance Regulatory amd Development Authority (Irda) has given in - principle approval to Reliance Life for its proposed 26 per cent stake sale to the Japanese life insurer, Nippon Life.
It owns a 48 per cent stake in Maggie Beer, while it has purchased all of Paris Creek.
Newly listed diversified Australian resources company Apollo Minerals Ltd has confirmed that Chinese Iron and Steel Grouphave taken a 3.9 per cent stake in the company and is looking to increase its stake to 19.9 per cent.
Consider that under the proposed deal multinational aerospace giant Airbus will take a 50.01 per cent stake in Bombardier's C Series project and move some of the production to a plant in Alabama.
Constellation Brands, the owner of Corona and a large number of wine and spirits labels, purchased a 9.9 per cent stake in Canopy Growth Corp. for $ 245 million this week.
Shares in South Perth - based Noble Mineral Resources have surged more than 37 per cent on news Chinese group Zhongrun is to invest $ 87.7 million and take a 42 per cent stake in the company.
Fidelity Management and Research Company (FMR), has an 8.5 per cent stake and is a long term investor in Tim Hortons.
Applecross - based Mineral Resources is looking to sell a 49 per cent stake in its Wodgina lithium project, as work to investigate the feasibility of a lithium hydroxide or carbonate processing plant at the site continues.
Founded in Perth by Chris Singleton and George Gelavis in 1999 its investors include Channel 7, which has an 85 per cent stake.
Earlier Boston - based Highfields Capital, which has about a 4 per cent stake in Tim's, released a letter it sent to Chairman Paul House, stating that the company should consider a new «capital light approach» to its U.S. expansion strategy, or «scrap it altogether,» as returns from the expansion thus far have not justified any more investment in the American market.
Shopping centre owner Centro Retail Australia is in discussions with investors regarding the sale of 50 per cent stakes in three of its shopping centres, including Morley's Galleria.
Shopping centre owner Perron Group has added to its bulging portfolio, snapping up 50 per cent stakes in Morley Galleria, The Glen in Melbourne and Colonnades in Adelaide from Centro Retail Australia
Equity firm TPG is acquiring a 60 per cent stake for an undisclosed price.
Chinese investment firm Fosun will have a 20 per cent stake and Quebec pension fund manager the Caisse de depot another 10 per cent.
The transaction — which Laliberte said wasn't a «fire sale» at a reported value of around $ 1.5 billion — will also see partner Dubai World sell its 10 per cent stake.
On Wednesday, the board announced it had purchased a 15 per cent stake in ORPEA S.A., a long - term care provider in Europe, for approximately $ 468.2 million.
The creator of the Cirque, which wowed the world with breathtaking and cutting - edge shows, will maintain a 10 per cent stake in the Montreal - based company through his family trust and will also continue to provide strategic and creative input.
Calgary - based Enbridge (TSX: ENB) has a 50 per cent stake.
Meanwhile, Linton said Canopy has already begun collaborating on cannabis - based drinks with Constellation Brands since the Corona - beer maker signed a deal to acquire a nearly 10 - per - cent stake in the licensed producer for $ 245 million in October.
Alibaba Group invested in the company in 2013 and is expected to hold a 32 per cent stake in the company following the offering.
The infusion announced Tuesday will give Google Inc. and Fidelity Investments a nearly 10 per cent stake in SpaceX, a Hawthorne, California, company that employs more than 3,000 people.
West Perth - based junior miner African Energy Resources has farmed out a 51 per cent stake in its Sese coal and power project in Botswana to a Vancouver - based firm for $ 8 million.
Mineral Resources announced today that it plans to use its 12 per cent stake in Aquila Resources to push for a role building and operating the proposed $ 7 billion West Pilbara iron ore project.
Japanese miner Sumitomo Metal Mining Oceania has met its funding commitment conditions to acquire a further 20 per cent stake in Gold Road Resources» South Yamarna joint venture project.
Global gold producer Newmont Mining has sold its 19 per cent stake in local company Regis Resources.