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.
Not exact matches
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.
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.
While O'Leary emphasized in his
sales pitches that he, too, was an investor, the filing notes his personal
stake in the funds transferred to Canoe amounted to less than 1.2 per
cent.
Perth - based Paladin Energy has settled the
sale of a 25 per
cent stake in its flagship Langer Heinrich uranium mine in Nambia, under a deal originally announced to the market in January this year.
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.
The Yancoal transaction followed the $ US606 million
sale of Rio's 40 per
cent stake in the Bengalla coal mine to New Hope, and the $ US220 million
sale of the Mt Pleasant coal project in NSW in 2016.
The Commonwealth Bank of Australia has deflected rumours it is mulling the
sale of its 80 per
cent stake in Indonesia's PT Commonwealth Life.
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.
Italian energy company Edison and a consortium of sugar beet producers said on Friday that they had, once again, agreed to extend exclusive talks on the
sale of Edison's 54 per
cent stake in French sugar company Beghin - Say, to...
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.
It's not as if that $ 200 million film deal is play money to 50
Cent and his posse; in April, Forbes assessed the multi-market star's net worth at $ 110 million, $ 100 M of that coming from the
sale of his
stake in Vitaminwater while much of his other earnings have been spent on luxurious living.
The
sale will bring down the bank's
stake in the insurance venture to 64 per
cent and bring in Rs 1,550 crore.