Sentences with phrase «holds majority stakes»

The company now holds majority stakes in the 300 MW Lac Alfred Wind farm at the base of the Gaspe Peninsula, and the Massif du Sud project, near Saint - Philémon.
Following a brief return to growth, the losses resumed, and in 1979, the Hartford Foundation, which had held a majority stake since the company went public in 1957, sold to West Germany - based Tengelmann Group.
Paytm Mall is backed by Chinese e-commerce behemoth Alibaba, which holds a majority stake in the company.
Kishore Biyani, CEO of Future Group whose public listed arm Future Ventures holds a majority stake in edutainment media firm Amar...
However, Syncrude's forecasted production for the full year remains within the annual guidance range, said Suncor, which holds the majority stake in the oil sands joint venture project.
Atheists also hold a majority stake of scientists, scholars and Nobel Prize winners.
TCCC takes a huge chunk of profit and holds a majority stake in many of its anchor bottlers.
EIIB provides Sharia'a compliant products & services, has broad exposure to the Middle East & North Africa (MENA) region, and now holds a majority stake in Rasmala Holdings (a Dubai - based institution).
Its employee owners may one day hold a majority stake in the business, but Lars says that he expects his family to retain an ownership stake in perpetuity.
Nexon has reported their revenue is up 56 % and also announced they now hold a majority stake in the company GameHi.
In January the UK ambassador to Korea and his US and EU counterparts made representations to the Korean parliamentary and judiciary committee arguing that the current law allowing international firms to operate in Korea has failed to live up to the commitments made under the free trade agreements, as firms can not hold a majority stake in joint ventures.
As a result of the demerger, stake in Max India Life Insurance is no longer held by Max India; instead, the new demerged entity Max Financial Services officially holds the majority stake in the non-banking life insurer.
KKR PE Fund announced its purchase of a 9.95 % stake in Max Financial Services, one of the demerged entities of Max India Group that currently holds a majority stake of 72 % in Max Life.
Magma Fincorp Limited, a Non-Banking Financial Company (NBFC) based in Kolkata which hold majority stakes in Magma HDI Life Insurance, will be targeting about a 20 % growth in Kerala for 2015 - 16.
Tata group which has a joint venture with American International Group (AIG) holds majority stake and has posted a 13.98 % rise in Rs 1,756.38 crore premium collections in the first nine months of the curent FY.
Tata Sons holds a majority stake of 74 percent in the company and AIA holds 26 percent through an AIA Group company.
«A new bitcoin business must be able to identify a problem, and solve it in a way that allows them to monetize their solution,» said serial bitcoin startup investor Roger Ver, who holds a majority stake in Blockchain, and who many call the «bitcoin Jesus».
Ablyazov, who held a majority stake in BTA Bank, said in the interview that he legally owned the properties and stakes in companies he acquired during his spell as chairman.
Private equity player Leonard Green & Partners holds a majority stake in the retailer.

Not exact matches

The U.S. retail giant acquired a majority stake in South Africa's Massmart Holdings in 2011, establishing a foothold in what was at the time Africa's largest economy.
Now together, Hillhouse and Permira will hold big stakes in Magento, although Permira funds will retain the majority share.
And a week ago, Virtue Cider sold a majority stake to Goose Island Beer Co., a holding of Anheuser - Busch InBev.
Hedge funds such as Elliott Management Corp and D.E. Shaw are still looking for up to $ 5 billion ($ 5.6 billion) in damages in civil suits against Porsche SE, which is now only a holding company that owns a majority stake in the VW group.
In June, Tencent Holdings Ltd, China's biggest gaming group, agreed to buy a majority stake in Clash of Clans mobile game maker Supercell from SoftBank Group Corp in an $ 8.6 billion deal.
Sears Canada is controlled by U.S. financier Edward Lampert, who directly and indirectly owns a large majority of its stock including through his stake in Sears Holdings Corp. (Nasdaq: SHLD).
Swedish media company Modern Times Group has acquired a majority stake (74 %) of Turtle Entertainment, the holding company for ESL for $ 87 million.
The majority of Wang's fortune is derived from a 65 percent stake in S.F. Holding, the Shenzhen - based owner of S.F. Express, China's largest parcel delivery company.
The majority of Ma's wealth is derived from a 7.6 percent stake in Tencent Holdings, a publicly traded instant messaging company.
Note 3: Controlled subsidiaries refers to companies in which Guangxi has a majority stake; joint ventures refers to companies in which Guangxi Nonferrous» equity holding is between 20 % and 50 %; chart does not include companies in which Guangxi Nonferrous merely has a financial investment.
Examples include Sumpo Food Holdings» acquisition of a majority stake in Warframe developer Digital Extremes in 2014, while in 2016 Chinese chicken poultry firm Leyou Technologies bought UK studio Splash Damage.
Chinese e-commerce company Alibaba Group Holding is likely to pick a majority stake in the e-commerce business of One97 Communications Pvt Ltd, the company that also runs mobile payment and commerce platform Paytm.
The German group's separately - listed Fresenius Medical Care (FMC) subsidiary struck a deal on Saturday to sell its majority stake in Sound Inpatient Physicians Holdings for $ 2.15 billion, less than four years after buying it.
Total shareholder return was helped by an $ 8.2 billion repurchase made in late 2013 — when the company and a group of investors led by Kotick and Activision Chairman Brian Kelly bought out a stake held by then - majority shareholder Vivendi.
Bell Media Studios owns a majority stake in Pinewood Toronto Studios, in partnership with Comweb Studio Holdings, Castlepoint, and the City of Toronto.
Alcaliber is majority - owned by Spanish billionaire Juan Abello's investment fund Torreal SA, with French drugmaker Sanofi also holding a 40 per cent stake.
(The public company, of which he owns over 90 %, holds $ 24 billion in assets, including majority stakes in eight companies, such as auto parts maker Federal - Mogul.)
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.
Belvino, which owned over 7000ha of vineyards in Australia prior to the latest divestments, is majority owned by Hong Kong - listed CK Life Sciences with ASX - listed financial services group Challenger holding a minority stake.
Arla, owned by around 13,500 dairy farmers in Denmark, Sweden, the UK, Germany, Belgium, Luxembourg, and the Netherlands, will hold a majority 51 % stake in Arla Foods Mayer Australia.
The Hong - Kong based billionaire Mr Hui, who holds most of his wealth in the Hong Kong - listed Shimao Property Group, purchased a majority stake in NSW meat processor and exporter Bindaree Beef Group last month.
In addition to its ownership interest in the Sheraton Downtown Oklahoma City, Nimes also holds majority ownership stakes in the adjacent Century Center and the Haven apartments, both of which have recently undergone substantial renovation.
He is not the outright owner of Arsenal Football Club but the American businessman Enos Stanley Kroenke or silent Stan as we know him best does hold a controlling stake as he is the majority shareholder with almost 63 percent of the shares.
Currently, Stan Kroenke, an American sports tycoon with a net worth of approximately $ 7.4 billion, is the majority shareholder in the clubs parent company, Arsenal Holdings Plc with a 67 % stake.
In 2016, the Chinese holding company Suning Holdings acquired the majority stake of the Italian club for around $ 270 million.
The water supply company is majority - owned by the local city government, with British firm Veolia Water, a unit of French firm Veolia Environnement, holding a 45 - percent stake.
In the watch and jewellery segment, a consortium of Hong Kong - based private investors bought a majority stake in affordable luxury watch retailer Tic Tac International, valuing the company at close to US$ 100 million; Pandora acquired Spanish jewellery retailer City Time for a reported $ 110 million; and UK - based Aurum Holdings acquired US luxury watch and jewellery retailer Mayor's Jewellers for US$ 100 million.
Today, the majority of ELLs study alongside their English - speaking peers, are held accountable to the same curriculum standards, and take the same high - stakes tests.
It's actually controlled by Fortress Investment Group (FIG: US), a holding of mine — FIG has a majority of the BoD, and a major equity stake in the company.
DEWA is the majority shareholder in the project with a stake of 51 %, while Saudi Arabia's ACWA Power and Spain's TSK holding the remaining stake.
Yesterday Sir David and Frederick Barclay agreed to sell their majority stake in Coroin, the company that owns Claridge's, The Berkeley and The Connaught, to Constellation Hotels, which is part of the Qatar Holding investment vehicle, for an estimated # 1.6 bn.
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