Sentences with phrase «cent stake purchase»

Not exact matches

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.

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.

Carnegie Wave Energy has wholly acquired solar power and lithium battery storage provider Energy Made Clean by purchasing the 65 per cent stake it didn't already own.

The Stars Group revealed overnight it would raise its stake in CrownBet to 80 per cent, funding that transaction and the William Hill Purchase with a combined $ US315 million ($ 406 million) cash and share deal.

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.

The highest calibre example is probably BP, which just purchased a 43 per cent, $ 200 million stake in Lighthouse.

It owns a 48 per cent stake in Maggie Beer, while it has purchased all of Paris Creek.

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 million.

Chanticleer Spark Infrastructure's purchase of a 14 per cent stake in Duet Group is further proof that Australia's infrastructure market is the middle of the sort of sizzling boom that occurred before the global financial crisis.

Queensland Investment Corporation's new fund which purchased an 80 per cent stake in the North Australian Pastoral Company will become a major domestic competitor to offshore investors seeking to own Australia's agricultural land.

Mr Irvine said Lion's purchase of the 10 per cent stake in WCB was a clear signal it remained committed to the dairy sector, this is despite National Foods costing billions of dollars in writedowns to Lion since it bought it.

Lion boss Stuart Irvine, who was in Geelong on Monday morning to launch the nation's biggest brewer's new Little Creatures brewery, said his company's lightening purchase of a 10 per cent stake in takeover target WCB two months ago would deliver it a «seat at the table» and influence over the direction of the outcome.

Saputo has lifted its offer in Warrnambool Cheese to $ 9.40 a share after the purchase of rival Murray Goulburn's stake took the Canadian dairy powerhouse's total in WCB to 77 per cent.

Mr Usmanov, who hails from what is now Uzbekistan, first acquired shares in Arsenal in 2007, when he teamed up with Farhad Moshiri to purchase a 14.6 per cent stake for # 75m.

Air services provider dnata has purchased a 75 per cent stake in Travel Republic, the largest privately owned online travel agency in the UK.

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.

It was reported in February that it was in talks to purchase a stake of over 40 per cent in Flipkart.