Sentences with phrase «holding company»

Shari Redstone, a former criminal defense attorney, serves as president and owns 20 % of the family holding company, National Amusements Inc..

For doubters, it's worth noting that Berkshire Hathaway placed its own stamp of approval on the direct - sales industry; the multinational holding company has owned Pampered Chef since 2003.

• Finablr, a holding company for Travelex and UAE Exchange, is preparing for a potential IPO in London.

A holding company that offers full - scale business process outsourcing and financial services to companies in various markets.

Today, David Thomson owns 14 % of Woodbridge, as well as a personal holding company, Osmington, which owns real estate and a small stake in the Winnipeg Jets.

On Monday, Constellation Brands — which sells Corona and Modelo and is the third - largest beer company in the US — announced it had acquired a 9.9 % stake in the Canadian cannabis holding company Canopy Growth.

The businessman is also director of Walton Enterprises, the holding company for the Walton family assets, and chairman of Community Publishers, an Arkansas - based newspaper firm.

For many years, Geoff Beattie served as president and CEO of the family's holding company, Woodbridge Co. Ltd..

In Huntsville, Ala., the city agreed to build the large, neighborhood - to - neighborhood fiber optic network that Google, a unit of the holding company Alphabet (googl), would need.

But that victory hardly signals an end to the litigation surrounding the declining 92 - year - old billionaire, whose holding company controls 80 % of a $ 40 billion empire consisting of CBS (CBS) and Viacom (VIAB).

Sørli's younger sister, Caroline, is the chairwoman of Canica, her family's private holding company that recently relocated from Norway to Switzerland.

The move put Google under the auspices of a holding company called Alphabet, run by Brin as president and Page as CEO.

In June, the Redstone family holding company, National Amusements Inc., sent a letter to Viacom saying it had decided to replace five members of the board, including Dauman.

Unilever (U.K.) SCORE: 73.18 Essentially a holding company for numerous consumer brands, Unilever has been raising its public visibility by attaching its own logo to marketing efforts

At issue: the IRS's claim that Redstone owed $ 737,625 in unpaid gift taxes, dating back to his 1972 transfer of stock in National Amusements, his family's private holding company, into trusts for his two children.

The recent merger of tobacco companies R.J. Reynolds and Brown & Williamson vaulted Ivey, B&W's former CEO, to the top of the newly created holding company, Reynolds American.

Despite bleak forecasts, the holding company has been placing expensive bets on traditional sectors of the U.S. economy.

When the show launched, HBO became an investor in Simmons» holding company, which produced the show and his other ventures.

Gertner got back into the cannabis business in 2014 with PharmaCan (now Cronos Group), a holding company that acquires or buys minority positions in licensed Canadian marijuana producers.

Buffett and his holding company, Berkshire Hathaway brk - b, have spent more than $ 17 billion on renewable energy since 2004.

Page oversaw major changes to Google's business structure in 2015, starting with the creation of Alphabet, the holding company that manages Google and all of its related ventures, including Nest, Calico, and Google X. Previously the chief executive of Google, Page moved up to helm Alphabet, which has its hands in everything from home automation to self - driving cars to prolonging human life.

It's a division of Berkshire Hathaway Inc., the giant holding company led by Warren Buffett, which has dramatically expanded its mortgage brokerage portfolio in recent years, reporting nearly 28,000 loans worth $ 7.3 billion last year.

Shervin Pishevar wants to buy out Benchmark, describing the lawsuit as «holding the company hostage» in a leaked letter.

In the decades after the stock transfer, National Amusements served as Redstone's holding company for his bold acquisitions of Viacom, Paramount Pictures and CBS, in which he retains 80 % controlling interest.

Alphabet would be a holding company to house its wackier or noncore efforts — like its Verily life sciences, Waymo self - driving cars, and Loon Internet balloon projects — while Google's advertising - oriented business would stand apart and continue to drive the company's finances.

Nonetheless all the directors were reelected by wide margins at the company's annual meeting last year, reflecting how Redstone controls a supermajority of the company's Class A voting shares through his holding company, National Amusements.

Swedish media company Modern Times Group has acquired a majority stake (74 %) of Turtle Entertainment, the holding company for ESL for $ 87 million.

Altria Inc. (PM), which owns 27 % of SABMiller, had already signalled its approval to accept last week's offer, but the BevCo holding company of the Colombian - based Santo Domingo family had held out, persuading the board to reject the offer.

David Kerr, a managing partner at investment holding company Edper Financial Corporation, will step down from BlackBerry's board of directors — a role he held since July 2007.

(At the time, the holding company was also the owner of Kraft Foods (KRFT) and the Miller Brewing Company.)

Ms Briskman's employer is — or rather was — Akima L.L.C., a holding company that «oversees government contractors.»

Google's move to create a new holding company represents a shift at the tech behemoth that has been building for several months.

The name of the new holding company, Alphabet, itself is brilliant.

David Thomson owns 14 % of the family's holding company Woodbridge, while Canada's richest woman, Sherry Brydson (Roy Thomson's granddaughter), holds 23 %, with the rest divided between other cousins.

Among the company's investors for the latest funding round are New Enterprise Associates, Alphabet's (goog) venture capital arm GV (formerly Google Ventures), GE Ventures (ge), Future Fund, and Techtronic Industries, an investment holding company specializing in manufacturing, power tools, and related equipment.

Shares of Altaba, the holding company left behind after Yahoo's sale of its core internet business to Verizon Communications, will begin trading on the Nasdaq on Monday.

When Google restructured into Alphabet in 2015, the holding company created a more investor - friendly way to separate how the company reports its financial results.

«I found it to be a bigger challenge to deal with the constraints of a holding company than having some risk and knowing we can deliver on it,» he says.

His holding company Libra Group now controls 30 subsidiaries across five continents, with solar assets, 80 ships, 90 helicopters and more than 40 hotels.

Then, in 2018, he sold LDSman, along with his corresponding e-commerce logistics companies, to a holding company in a deal worth over $ 10 million.

The recent investment that Warren Buffett's holding company Berkshire Hathaway (brk - a) made in Apple has paid off to the tune of hundreds of millions of dollars in value.

Then, three years ago, Bouchard was approached by Square Victoria Digital Properties, a subsidiary of holding company Power Corp. that controls the high - profile web portal Workopolis and the Olive Media online ad sales group.

Early on, Macdonald's biggest concern was that employees would be nervous about staying with the firm without the security of a much larger holding company behind it.

The insurance holding company provides a wide range of commercial and personal property and casualty insurance products.

He continued to wield power as an adviser to the holding company, and he designed an ownership structure to ensure Ikea's future survival and independence.

Also in the past two days, opposition leaders in the Ukrainian parliament have demanded impeachment proceedings against President Petro Poroshenko, who allegedly owned assorted assets through a British Virgin Islands holding company.

Grandson David, a chairman of the family holding company today, felt the full weight of the Thomson name growing up.

Privately held Coty, majority - owned by German holding company Joh.

Be independent (i.e., not a division or subsidiary, unless the parent company is strictly a holding company)

Alwaleed, the chairman of the Kingdom Holding Company, is one of the world's richest men with a $ 16.8 billion fortune, Forbes estimates.