The huge
conglomerate buys the smaller business, but keeps them separate entities.
The IAC and HowAboutWe deal has gone through, the media
conglomerate buying HowAboutWe's dating and media properties.
Think of the go - go years in the»60s where
conglomerates bought up low P / E stocks using their high P / E stocks as currency.
Not exact matches
That's no easy feat, especially given that booze
conglomerates have been
buying one another out in recent years, which usually dilutes ownership.
But those domestic breweries were
bought over the decades by foreign
conglomerates.
When third - generation CEO Edgar Bronfman Jr. took over the international distilling
conglomerate, he steered it toward show business,
buying film and music properties with high price tags.
Last spring the Anglo - Dutch
conglomerate Unilever
bought Ben & Jerry's for $ 326 million.
Separately, Chinese tech
conglomerate LeEco announced on Tuesday that it will
buy US - based TV maker Vizio for $ 2 billion in cash.
It's the second time in three years that the
conglomerate has
bought shares of companies in the pharmacy business.
McCormick & Co will
buy the food business of British
conglomerate Reckitt Benckiser Group for $ 4.2 billion.
Citi analysts also find «increasing probability» that a European luxury
conglomerate could make a move to
buy Tiffany or one of its segments.
SINGAPORE, April 17 (Reuters)- Singapore state investor Temasek Holdings has expressed interest in
buying into Chinese
conglomerate HNA's Hong Kong - based carriers, Hong Kong Airlines and Hong Kong Express Airways, according to a source familiar with the matter.
When we were
bought out by a
conglomerate, suddenly there were secretaries driving new BMWs.
Warren Buffett, chairman and chief executive of
conglomerate Berkshire Hathaway, said Monday he would be more likely to
buy than to sell IBM shares over the next two years, and that he did not seek to profit from global central bank actions.
German
conglomerate Bayer won EU antitrust approval on Wednesday for its $ 62.5 billion
buy of U.S. peer Monsanto.
Consumers are no longer
buying from the large
conglomerates that have established a presence simply by having a healthy balance sheet and being in existence for 50 years.
They included the publicly traded arms of Fosun International, which in recent years
bought the Club Med chain of resorts and other properties; Dalian Wanda, which owns the AMC Theaters chain in the United States and has long sought deals in Hollywood; and the HNA Group, an acquisitive
conglomerate with murky ownership.
Companies and regulators could be making decisions without a complete picture of how the
conglomerates work, while investors may not know what they are
buying.
Chinese
conglomerate Nanshan is
buying 20 pct of Australia's No. 2 carrier weeks after HNA took a 13 pct stake.
The private equity firm Cerberus Capital Management
bought the company in 2007 for $ 118 million and rolled it up with other gun manufacturers into a
conglomerate called Freedom Group.
A prominent homegrown
conglomerate deal in which Hindalco Industries, led by KMB,
bought Atlanta - based aluminum products maker Novelis might not have taken place, either.
Charlie Munger, a 94 - year - old business partner of Warren Buffett and the vice president of the Berkshire Hathaway
conglomerate, said that the idea of cryptocurrency is «totally asinine» and that it is «disgusting» that people
buy Bitcoin.
Fosun, a Chinese
conglomerate,
bought 28 Liberty for $ 725 million in 2013 and has been overhauling the 2.2 million - square - foot building.
The Chinese
conglomerate had
bought the Midtown office tower for a record $ 2.21 billion just nine months earlier.
Mitsui High - tec (Canada) Inc., a Canadian subsidiary of the Japanese
conglomerate, plans to
buy land in Brantford, Ontario, adjacent to its current plant, to accommodate the company's expansion plans.
The Overseas Investment Office (OIO) blocked an attempt by China's HNA Group to
buy a vehicle finance firm in part due to doubts about the debt - saddled
conglomerate's financial stability, Reuters reports.
The thing with Berkshire, though, is that it's a
conglomerate that can
buy pretty much whatever it wants.
Berkshire Hathaway, the global
conglomerate and investment behemoth led by Warren Buffett, has historically shied away from
buying technology stocks.
Wanda Hotel Development, a Hong Kong - listed arm of Chinese
conglomerate Dalian Wanda Group, plans to
buy businesses worth more than $ 1 billion from other units of its parent company, while selling out of four property projects.
Wanda, which
bought U.S. cinema operator AMC Entertainment in 2012, is a commercial property, luxury hotel and film
conglomerate.
The Chinese insurance
conglomerate was reportedly in advanced talks to
buy a stake in the Midtown office tower and help Kushner redevelop it into a retail and condo building.
Siemens AG, the German industrial
conglomerate, said on Sept. 22 it would
buy U.S. oilfield equipment maker Dresser - Rand Group Inc for $ 7.6 billion in cash.
After the failed attempt of Monsanto to
buy Syngenta last year, Chinese
conglomerate ChemChina made an offer for Syngenta a couply of weeks ago.
This team is not owned by a Russian billionaire playboy or some Arab sheik that
bought a team for glory but a
conglomerate of investors that want a higher return.
If you would be
buying yarn or baby stuff anyway, it's always lovely to support a person rather than a
conglomerate.
For example, much of human knowledge is locked up behind paywalls controlled by multi-national publishing
conglomerates that have
bought up the rights to academic journals and charge eye - watering fees for access.
Basically it seems that the folks at Vehicle Production Group (which sounds like an East German factory
conglomerate) spotted a likely front for their push to get a juicy contract, an agreeable legislator with solid credentials as an advocate for the disabled, and decided to
buy him.
That is also why the Gas Industry
Conglomerates are
buying up «Water Resources» in many parts of the country so they will have a monopoly on potable water as well — T. Boone Pickens comes to mind.
PepsiCo Purchase, NY Food & Beverage 1,145 million green kWh, 100 % of total power used The
conglomerate, which is separate from the Pepsi bottling groups, made a splash when its headquarters went all green with its power
buys in early 2007.
In 2007, the Odebrecht
conglomerate, which boasts $ 30 million in annual revenues, began
buying up farmland around Emas.
But before you
buy 100 shares of a stem cell
conglomerate, remember that these uses remain theoretical.
Clydeside Colossus — Giant Glasgow industrial
conglomerate William Beardmore and Co made ships railway engines aeroplanes airships motor cycles taxicabs... and as Bill Monro relates cars / Fort Dunlop Under Siege — Douglas Blain takes a close look at a manufacturing operation which is key to the survival of our hobby /
Buying a Car For Restoration — Workshop / Sunbeam Tiger — Buyer's Guide / Goodwood Does It Again — David Venables reports on another successful Goodwood Festival of Speed / Austin Seven Ulster Rebuild / Loyd - Lord — Michael Worthington - Williams recounts how a conventional car from Chiswick strayed from the straight and narrow / Dollar Derby — The Editor enjoys a 3 1/2 litre Bentley that cost # 1460 new but once changed hands for a dollar / Racing Under The Bonnet — The camera of Alan Smith captures the action that matters behind the scenes in the early days of postwar British motor racing / MG Buyer's Guide — Part two of our special MG supplement / MG Buyers Guide — Part Two
But only a few weeks later, Lotus's future was thrown into turmoil when the Malaysian Government sold its 42.7 per cent stake in Proton to a large Malaysian industrial
conglomerate (DRB - Hicom), which then
bought a further seven per cent of Proton's shares on the open market.
The most important reason to
buy Indie Author ebooks is the majority of what readers spend actually goes to the author rather than to a publishing
conglomerate.
What changed in the last forty years: the enormous appetite of the
conglomerates to
buy more and more independent publishing houses.
Did you notice that book promotion opportunities with smaller media outlets, such as local radio stations (that used to be hosted by local radio personalities), were drying up as smaller media outlets were
bought by bigger media outlets, and bigger media outlets were
bought by huge
conglomerates such as Clear Channel?
[Update, May 12, 2016: The Japanese
conglomerate Rakuten
bought OverDrive in 2015 for $ 410 million.
«There were hedge fund guys with no background in publishing
buying up publishing houses,» says André Schiffrin, founder of the New Press and author of «The Business of Books: How the International
Conglomerates Took Over Publishing and Changed the Way We Read.»
Giant internet
conglomerate Rakuten is
buying OverDrive, the leading supplier of ebooks to libraries, for $ 410 million and will use the company to expand its Kobo ebook business.
We launched DTA's Income Builder Portfolio last month by
buying a piece of one of the world's largest biotechnology companies, and we followed that with purchases of a blue - chip industrial
conglomerate and America's No. 1 tobacco - products seller.