Sentences with phrase «controlling stake in it»

On Sept. 1, Legend Holdings Corp., the Chinese company that owns computer maker Lenovo Group, agreed to buy a controlling stake in Banque Internationale a Luxembourg SA, for 1.5 billion euros ($ 1.8 billion).

As in prior versions, Senate negotiators still haven't specified how legacy shareholders in Fannie and Freddie and the government's controlling stake in the companies will be addressed.

It could take one of several routes, including a refinancing package, says Tim Ahern, independent trustee for the Congel family, which owns a controlling stake in the company.

The fact that media giant Naspers recently bought a controlling stake in Takealot, is a clear indication that it is an emergent trend not to be disregarded.

Most people have no problem with this arrangement, nor do they dispute that Tether, and Bitfinex — the exchange whose owners hold a controlling stake in the company — is profitable.

As reported earlier on Cryptonews.com, brokerage Monex Group was yesterday said to be considering the purchase of a controlling stake in beleaguered cryptocurrency exchange platform Coincheck.

Earlier this month, HTC purchased a controlling stake in Beats Audio and a new phone called the Runnymede 2 could join the HTC Vigor as one of the first devices to offer Beats technology.

Mr. Lowe and Ted Farnsworth, chief executive of Helios and Matheson Analytics, which bought a controlling stake in MoviePass in August for $ 27 million, celebrated the milestone by cheekily posing for photos at an AMC theater in Times Square.

And did I mention that LeEco owns a controlling stake in the ride - hailing company Yidao Yongche?

LivingSocial recently bought a controlling stake in a Spanish group - buying company called LetsBonus.

UTV, through its UK subsidiary, has bought a controlling stake in Indiagames.

the acquisition of a controlling stake in Finansbank for $ 2.77 bn, Vojvodjanska Bank in Serbia and United Bulgaria Bank in Bulgaria;

Ashurst has advised Damas International Limited, the leading jewellery retailer in the Middle East, on the acquisition of a controlling stake in its Saudi Arabian joint venture, Damas Saudi Arabia Company Ltd

Bluewaters Communications Holdings LLC, an investment vehicle specialising in telecoms and media assets, claims that its bid for a controlling stake in Formula One was derailed by a corrupt agreement reached between Mr Bernard Ecclestone and Dr Gerhard Gribkowsky, the banker responsible for the sale of the controlling stake, owned by German bank, Bayerische Landesbank (BLB).

Linklaters, Freshfields Bruckhaus Deringer and Hengeler Mueller are all advising on E.ON's $ 43bn (# 38bn) deal to acquire a controlling stake in renewable energy business Innogy from German rival RWE.

The government took a controlling stake in AIA under the terms of that deal, which Weil, Gotshal & Manges negotiated for AIG.

ENSafrica played a key role in negotiations between the company and the South African government, helping conclude the merger hearing in just three days and thereby reducing legal costs (opposition from ministry departments — as was the case, for instance, in Walmart's acquisition of a controlling stake in Massmart — can severely delay merger proceedings).

Warner Bros. announced today it has bought a controlling stake in Rocksteady Studios, London - based developer of the Batman: Arkham Asylum video game.

Though many of the recent mergers and acquisitions initiated by Asian buyers involve Asia - based targets, SoftBank's purchase of a controlling stake in Supercell is not the first deal for a Western mobile game company.

The acquisition also includes Carlson Hotels» 51.3 percent controlling stake in Brussels - based Rezidor Hotels Group, which licenses properties for Carlson Hotels in Europe, the Middle East and Africa.

But Delta purchased a near - controlling stake in the airline in 2013, and Delta and Virgin Atlantic now have a variety of reciprocal benefits.

gategroup will hold a 60 per cent controlling stake in the joint venture which includes the creation of a new state - of - the - art facility in Incheon to accommodate Asiana Airlines» growth plans.

On 14 March 2018 IHG announced that it has acquired a 51 % controlling stake in Regent Hotels & Resorts for $ 39m in cash.

Additionally, a majority of Cresud's current market value is actually represented by the quoted value of its controlling stake in IRSA (IRSA: AR), Argentina's leading listed real estate company.

After all, these guys are owner - operators, with a controlling stake in the company — so they're properly aligned / incentivised for long - term success alongside all shareholders, not least because they presumably recognise any attempt to milk the company (at the expense of other shareholders) would likely be offset by the fall in value of their stake.

However, management now owns a 53 % + controlling stake in the company (so I have little hope governance / investor relations / shareholder value will suddenly improve from here on), and there's still no sign of a potential turn - around in the business / AUM.

Of course, such a scenario obviously requires the same flawless execution & financial conservatism we've witnessed to date, but investors can definitely feel reassured with two entrepreneurial yet prudent owner - operators at the wheel... the CEO & COO still own a 52.5 % controlling stake in Applegreen.

To add insult to injury: i) Clal Finance Ltd. owned a controlling stake in the company, with 5 directors on the board, ii) TAM shares are Reg S, restricted, residual, and settle by paper cert, iii) TAM's a fish out of water, anyway — the company's HQ'd in Milwaukee, incorporated in Delaware & listed in London!

If the bidder gets a large controlling stake in the company but less than 90 %, the market for your shares may be less liquid, which will make them harder to sell to anyone else later.

An investment firm offered Friday to take a controlling stake in the troubled US bookseller Barnes & Noble, sending the share price soaring.

There also are quite a few big names associated with the ebook industry in Japan: Sharp, Toshiba, Sony, Rakuten (who acquired controlling stake in Kobo), and of course, Amazon.

But while the underpinning chassis was similar when Ford had a controlling stake in Mazda a few years back, the end result now shows the C - Max to be much different.

FIAT»S FAST TRACK TO CONTROL CHRYSLER It looks like Fiat will take a controlling stake in Chrysler sooner than expected.

Only a few months after Nissan announced it would buy a controlling stake in Mitsubishi Motors, the deal is now official.

But both V - 6s were the property of Ford Motor Co., which owns a controlling stake in the Japanese automaker, and Ford has a history of protecting its own dealers by leaving ingredients out of recipes when passing them along to Mazda.

It was then Daimler AG bought a controlling stake in the conversion company meaning Volkswagen had to continue converting their commercial vehicles into camper vans alone.

Shortly after the fuel economy scandal broke, Nissan purchased a 34 - percent controlling stake in Mitsubishi.

Italian automaker Fiat was given a controlling stake in the new Chrysler, and it is wasting no time in changing the American company's operations.

After revealing the cheating, Nissan watched Mitsubishi's share price plummet before stepping in with an offer to take a 34 percent controlling stake in the company.

Wiedeking had presided over an attempt to purchase a controlling stake in Volkswagen that left Porsche with massive amounts of debt that it has struggled to address.

Keen to seize a controlling stake in this as yet unconquered region, the global superpowers have raced to build orbital elevators, swiftly turning the emptiness of space into a tangle of surveillance satellite networks and military way stations.

CHANNELNEWSASIA - Dec 8 - Paktor has agreed to acquire a controlling stake in Taiwanese start - up 17 Media, which owns a photo - sharing and live streaming app that has ~ 15M users worldwide.

CANADA JOURNAL - Jan 13 - Beijing Kunlun Tech, which is run by billionaire Zhou Yahui, paid $ 93M for a 60 % controlling stake in the company — a significant sum for what is Grindr's first outside investment.

Chinese firm Beijing Kunlun Tech buys a controlling stake in Grindr, the worlds biggest gay.

SCMP - Nov 21 - PAG Asia Capital, one of Asia's largest investment firms, has closed a deal to acquire a controlling stake in Zhenai.com, China's largest online matchmaking and dating service provider.

The gaming firm has not yet revealed its reasons for acquiring a controlling stake in the application, but it is likely the deal was made to expand its portfolio out of gaming and into the rapidly - growing online dating space.

M&A typically involves a bigger, better funded business buying a controlling stake in a high - potential brand and using its deep pockets, international expertise and existing support network to accelerate growth.

The Singaporean hotelier and businesswoman has been hailed «Queen of Bond Street» and has a controlling stake in Mulberry.

However, she still has no plans to part with it: despite the fact that a controlling stake in the

All of his shoes are beautifully crafted (perhaps because he owns a controlling stake in the factory in Italy where his shoes are made).