Sentences with phrase «cent stake in the company»

He has a 4.3 per cent stake in the company.

He is said to own a 99 per cent stake in the company.

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

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 pair have an eight per cent stake in the company while Fairfax holds about 10 per cent.

The Eagle Boy's largest shareholder is Brisbane - based private equity firm NBC Capital, which acquired an 85 per cent stake in the company from founder Tom Potter in 2007.

Exide Industries had acquired 100 per cent stake in the company almost a year ago and the change in name was expected.

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

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.

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.

Matlin, who holds a nearly eight per cent stake in the company, had previously said he plans to rally shareholders to put him back in charge.

Michael Dell, who owns nearly 16 per cent stake in the company, will remain the CEO after the sale closes and will contribute his existing stake in Dell to the new company.

Wind Mobile will be fully owned and controlled by VimpelCom subsidiary Orascom, which already has a 65.1 per cent stake in the company and was major financial backer, chairman and CEO Anthony Lacavera said Friday.

About Life is majority - owned by sisters Jodie Stewart and Tammie Phillips, who have about a 30 per cent stake in the company.

But that transaction also saw Bega and Fonterra strengthen their alliance, with Fonterra taking a 10 per cent stake in the company, and that followed Japanese - based Sumitomo Chemical Company buying 20 per cent of Australian agriculture chemicals supplier Nufarm in 2011 in a deal designed to share distribution, development, product formulation and logistics.

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.

While Saputo has been steaming ahead in WCB acceptances, which equate to about a 17 per cent stake in the company, analysts say it still has fair way to go before finalising any deal.

Bega Cheese has effectively dropped out of the takeover race for Warrnambool Cheese and Butter for now, saying it will not extend its current offer and will «consider its options» regarding its 18.4 per cent stake in the company.

Updated Bega Cheese has effectively dropped out of the takeover race for Warrnambool Cheese & Butter for now, saying it will «consider its options» regarding its 18.4 per cent stake in the company.

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 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.

Ackman and his New York hedge fund, Pershing Square Capital Management LP, which holds a 14.2 - per - cent stake in the company (CP's largest shareholder), was critical of the railway's current board and its management team.

AIA Group Limited is the fourth foreign insurance major to hike the stake in Indian firms with the foreign firm announcing that it will increase its shareholding in Tata AIA Life Insurance Company, a joint venture company by Tata Sons and AIA, from the current level of 26 per cent to 49 per cent through the purchase of another 23 per cent stake in the company.

The Future Group owns 74 per cent stake in the company, while the Italian insurer owns the remaining 26 per cent, the highest permissible limit by Indian laws.

These merger talks come two days after Uber Inc agreed to sell its Southeast Asian operations to rival Grab for a 27.5 per cent stake in that company.