Sentences with phrase «cent stake in companies for»

The Insurance Regulatory and Development Authority (Irda) is likely to allow state - owned Life Insurance Corp of India to retain over 10 per cent stake in companies for now, a finance ministry official

Quebec City - based CO2 Solution announced last week that Codexis Inc. acquired a 17 - per - cent stake in the company for $ 2 million.

Not exact matches

Subiaco - based Mission NewEnergy has sold its Kuantan Port biodiesel refinery for $ 24 million to a newly formed joint venture company in which it will retain a 20 per cent stake.

Its latest deal was the offloading this week of its 62 per cent stake in corporate bookmaker CrownBet for $ 150 million to Canadian company The Stars Group.

The company also sold a 30 per cent stake in its railway division to pension fund manager Caisse de depot for US$ 1.5 billion.

Avista owns a 15 - per - cent - stake in two of the four units at the Colstrip plant in Montana — a major coal - mining state — and plans to use them for electricity production until 2035, said a spokesperson for the company that also operates hydroelectric dams, natural gas and biomass generating plants and wind turbines.

CCA sold a 29.4 per cent stake in the Indonesian business to parent company The Coca - Cola Co for $ US500 million ($ 681,000, originally $ 570 million) last year to fund accelerated capital expenditure and market development.

In July, an agreement was signed over a strategic alliance with Raiffeisen - holding Niederosterreich - Wien, majority shareholder of the Austrian company Nom, involving the purchase by Parmalat of a 25 per cent stake in the Austrian dairy group for $ 30 millioIn July, an agreement was signed over a strategic alliance with Raiffeisen - holding Niederosterreich - Wien, majority shareholder of the Austrian company Nom, involving the purchase by Parmalat of a 25 per cent stake in the Austrian dairy group for $ 30 millioin the Austrian dairy group for $ 30 million.

GrainCorp's sale of its stake in Allied Mills will dilute earnings by about 4 per cent but provide some relief for the company's balance sheet.

Bega, which already has an 18 per cent stake in the company, is offering 1.2 of its own shares plus $ 2 cash for every Warrnambool Cheese & Butter share it does not already own.

This firm is based in Mountain View, California, and has provided Thalmic Labs with funding in exchange for a 7 per cent stake in the company.

«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.»

The deal includes acquiring a 30 per cent stake in the company and investing in real estate acquisitions for new build, hotel conversion and adaptive reuse properties as Yotel expands its international scale.

ICICI Bank recently agreed to sell a 6 per cent stake in ICICI Prudential Life Insurance Company in two separate deals to billionaire Azim Premji and Singapore state investor Temasek for Rs 1,950 crore which put the valuation of the company at Rs 32,500Company in two separate deals to billionaire Azim Premji and Singapore state investor Temasek for Rs 1,950 crore which put the valuation of the company at Rs 32,500company at Rs 32,500 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 spokescompany 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 spokescompany 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 spokesCompany, 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 spokescompany's official spokesperson.

Ghosh said there are no plans to move ahead with IPO or any other fund raising following Nippon picking up 26 per cent stake for Rs 3,000 crore in the company.