Sentences with phrase «cent stake in the business»

GrainCorp has a 60 per cent stake in the business, with Cargill owning the other 40 per cent.

Not exact matches

«They can sell their stake in the business, which is 65 per cent, but they can't sell the entire business any longer,» Lacavera said.

The Australian office is known as the marketing hub for the Asia - Pacific region, from which Uber recently made a dramatic retreat when it sold its south - east Asian ridesharing business to Indonesian competitor Grab, albeit retaining a 27.5 per cent stake in the acquirer.

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.

The law was on their side, and they won, with the spoils being stakes of about 10 per cent in the business.

Shares in LendLease fell more than 10 per cent as UBS downgraded the property manager after it sold some of its stake in its retirement living business.

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.

Canopy's bought deal with BMO is the second time that the cannabis company has managed to blaze a new trail in the industry: U.S. alcoholic beverage giant Constellation Brands Inc. purchased a nearly 10 per cent stake in Canopy last fall, the first time a major out - of - market player bought into the pot business.

CHAMP and Accolade's 20 per cent shareholder, the New York - listed alcoholic beverages giant Constellation Brands, are each likely to retain a small stake in the business after listing.

Accolade is still 20 per cent owned by New York Stock Exchange - listed Constellation Brands which bought the entire wine business for $ 1.9 billion in 2003 when it was known as BRL Hardy, and then sold down most of its stake in 2011 for a much lower multiple after a sustained slump in profits as the high Australian dollar hit profit margins on exports.

Ms Beer was talking to advisers in mid-2015 about potential options for a full listing of the business on the ASX, but has opted for the sale of a 48 per cent stake.

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.

The 40 - year - old, who left Bellamy's in January, made a dramatic re-entry into the corporate world this week when she was announced managing director of an ASX minnow whose only asset is a 48 per cent stake in the gourmet food business, Maggie Beer Products, the business built up by celebrity cook Maggie Beer.

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.

ASX - listed company Primary Opinion holds a 48 per cent stake in Maggie Beer Products, the Barossa Valley - based business built up by celebrity chef Maggie Beer, who has a national profile through a string of cookbooks, television shows and as a guest judge on the Ten Network's MasterChef series.

The former GrainCorp chief executive has also repaired CCA's relationship with The Coca - Cola Co and agreed to sell off a 29 per cent stake in the Indonesian bottling business for more than $ 600 million to fund market development.

The company that owns a 48 per cent stake in the battling Maggie Beer Products gourmet foods business has undertaken a big share consolidation to escape from the ranks of the penny dreadful stocks with billions of shares on issue.

The company that owns a 48 per cent stake in the battling Maggie Beer Products gourmet foods business has undertaken a big share consolidati...

Brewing and dairy giant Lion says it will use its 10 per cent stake in Warrnambool Cheese & Butter to protect its own cheese business from being downgraded by any new owner.

The following businesses are included in the short list: o Rio Tinto Alcan Packaging (previously announced) o Rio Tinto Energy America (previously announced) o Rio Tinto Alcan Engineered Products (global) o Cortez / Pipeline (gold, 40 per cent stake, US) o Greens Creek (zinc, lead, silver, 70 per cent stake, US) o Rio Tinto Minerals Talc (Europe, Australia, North America) o Northparkes (copper / gold, 80 per cent stake, Australia) o Sweetwater (uranium project, not operational, US) o Kintyre (uranium project, not operational, Australia)

«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 is worth a massive $ 300 million (# 185 million) and will mean that the computing giant will have 17.5 per cent stake in a new subsidiary called Newco (this is a temporary name) which will look after Barnes & Noble's digital and college businesses.

Qatar Airways and LATAM, both members of the oneworld alliance, also completed a business agreement in December 2016 whereby Qatar Airways Group took a ten per cent stake in LATAM.

Edelweiss Tokio Life Insurance started its business in the year 2011 with Edelweiss Group holding 74 per cent and Tokio Marine the remaining 26 per cent stake in the joint venture.But recently Edelweiss Tokio Life Insurance recently got the IRDA approval to enhance Tokio Marine's stake to 49 per cent in the Joint venture.

This approach means that approximately 30 per cent to 40 per cent of a brokerage's operational time is manned by individuals with little stake in the business.