Sentences with phrase «holds stakes in both companies»

BlackRock Inc., the world's largest money manager, is seeking to raise more than $ 10 billion to buy and hold stakes in companies.

BlackRock is raising around $ 10 billion to start a new venture that buys and holds stakes in companies, the Wall Street Journal reported.

SoftBank holds stakes in both companies and its chief, billionaire businessman Masayoshi Son, earlier in December said he would invest $ 50 billion in the U.S. and create 50,000 jobs.

Not exact matches

''... Because we can't hold public stock as a fund, it's sort of a bummer for me when the company goes public, because then it moves on to someone else's plate and we don't hold the stake in it.»

That section laid out that a change in accounting rules now required Alphabet to include the change in value of any shares it owned in private companies, such as Uber, in its profits even if just held onto to its stake and didn't buy or sell any more shares.

«Oddly because we can't hold public stock as a fund, it's sort of a bummer for me when the company goes public, because then it moves on to someone else's plate and we don't hold the stake in it,» he added.

Larsen personally holds 5.19 billion XRP crypto coins as well as a 17 % stake in the company he cofounded, Forbes reported Tuesday, citing sources close to Ripple.

Sumner Redstone and his family own a controlling stake in Viacom and CBS through privately held movie theater company, National Amusements.

Its distribution partner in China and investor, internet giant Tencent Holdings, saw Riot Games» meteoric rise and wanted to buy the company, offering $ 400 million in early 2011 for a 93 percent stake.

Automotive Holdings Group's founding shareholders have sold a significant stake in the company to Brisbane - headquartered dealership group AP Eagers.

The senators said that despite the administration downplaying his role, Icahn has disclosed to the Securities and Exchange Commission (SEC) that he was a special adviser, meaning it is important to shareholders of the companies in which he holds stakes in.

(It currently holds stakes in high - profile startups such as quantum computing company D - Wave Systems, energy firm General Fusion and e-commerce enterprise BuildDirect.)

In 1995, the pension plan had co-funded the McCains» takeover bid for Maple Leaf Foods from British company Hillsdown PLC, and held a 35 % stake since then.

But the company is only considering an IPO of minority stakes in some of its services businesses, rather than the main holding company.

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.

Silver Lake holds a 90.1 % stake in the company.

First, in early June, Lululemon (lulu) founder Chip Wilson — who is no longer involved in active management of the company but holds a sizable stake in the Canadian - based company — lamented Lululemon's financial performance.

DS writes: If the Etsy founders held on to a larger stake in the company, Etsy's foray into B Corp. may have turned out different.

Walmart will hold a 42 percent stake in the combined company.

Of course, it includes a lot of assets that an average investor can't easily buy — including big stakes in privately held companies and infrastructure facilities like toll roads and airports, to name just a couple.

Alibaba Group invested in the company in 2013 and is expected to hold a 32 per cent stake in the company following the offering.

Perth - based Transaction Solutions International looks set to increase its network in India after a company it holds a stake in reached an agreement today.

Last month, Swiss regulators announced that the group had failed to disclose that company executives held stakes in the conglomerate during HNA's $ 1.5 billion takeover in 2016 of airline caterer Gategroup.

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.

But Stronach maintained control of all things Magna with super-voting shares, despite typically holding relatively small ownership stakes in the companies he controlled.

Sarissa also holds stakes in AbbVie, Biogen and Innoviva, among other drug companies.

The two companies previously discussed a merger after billionaire Liberty Media Chairman and Starz shareholder John Malone exchanged part of his Starz holdings for a 3.4 % stake in Lionsgate along with a seat on the studio's board.

Shares in holding company Groupe Bollore SA fell more than 6 percent on the news of his police interrogation, while shares in Vivendi, in which the company holds a 20.5 percent stake, also fell around 1 percent.

Buffett would eventually build his now $ 73 billion fortune at Berkshire Hathaway, then a struggling textile company that would become a holding corporation with stakes in Coca - Cola, Wells Fargo, and Heinz.

Petronas is the lead partner in the LNG terminal, with companies from China, Japan, India and Brunei holding minority stakes.

Mars, the privately held company best known for its confectionary brands like M&M's and Snickers, plans to announce on Wednesday that it will buy a minority stake in Kind, the maker of wildly popular snack bars.

Matlin, who holds a nearly eight per cent stake in the company, had previously said he plans to rally shareholders to put him back in charge.

Kingboard, an investment holding company, said it would recognise a gain of HK$ 800 million on the sale which represented its entire stake in the Hong Kong airline.

«Goldilocks Investment Company Ltd has filed legal action today in light of the continuing refusal by Noble Group Ltd to recognize legitimate legal rights of Goldilocks as a shareholder of Noble,» the investment fund, which holds an 8.1 percent stake in Singapore - listed Noble said in a statement.

Jubilee is the main project within the company's Mt Frosty JV managed by Hammer, where it retains a 51 % stake in partnership with MIM / Glencore who holds the remaining 49 %.

DeSouza, Rennick, Coifman, Rokhlin, and Yale now each hold minority stakes in the company, which kept the Plain Sight name.

They may have big dreams for their stake in the company, but they are less likely to demand growth on a quarterly basis the way shareholders in a widely - held company are likely to do.

Temasek Holdings called on firms it has stakes in not to cross «red line» after a bribery scandal at portfolio company, Keppel Corporation.

In February, it acquired part of infrastructure services company Carillion Canada, which filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La PressIn February, it acquired part of infrastructure services company Carillion Canada, which filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Pressin January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Pressin November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Pressin Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Pressin The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Presse.

Contrafund's tech stake was just over 37 percent as of June 30, and the Growth Company held almost 40 percent in tech.

By the time he left the company in 2007, he held a 1 percent stake in a $ 100 million company.

Some of the most widely held mutual funds in 401 (k) plans, including the $ 116.1 billion Fidelity Contrafund and the $ 39.3 billion Fidelity Growth Company, have large tech stakes and big chunks of assets concentrated in their top five holdings.

The investor, together with other shareholders, has demanded Yahoo separate the Asian assets, including stakes in Chinese ecommerce company Alibaba Group Holding Ltd. and Yahoo Japan Corp, and conduct an immediate public auction of the core business, including search and advertising businesses.

Today nearly 12 million employees hold ownership stakes in the more than 10,000 U.S. companies they work for.

Saudi Arabia is converting Aramco, the holding that controls the world's biggest oil reserves, into a joint - stock company and plans to list a stake of up to 5 % on stock exchanges in Riyadh.

A sale of Yahoo's internet assets would leave the company just owning a 35.5 percent stake in Yahoo Japan Corp., as well as a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd., which accounts for most of its value.

T. Rowe's resistance could put pressure on Oracle Chairman Larry Ellison to consider making a new offer to combine his software company with NetSuite, in which he holds a 40 % stake.

Bren held a 34 % stake in the company and served as the vice chairman before buying out five stockholders, which increased his stake in the company to 86 %.

Its global acquisitions included Minnesota - based Carlson Hotels, owner of the Radisson and Park Plaza Hotels; a 25 % stake in Hilton Worldwide Holdings; a 9.9 % stake in Deutsche Bank; the aircraft leasing arm of the New York financial firm CIT Group; and Ingram Micro, the Irvine - based company that is the world's largest distributor of technology products.

He founded Kingdom Holding Co. in 1980 and has since invested in everything from real estate to entertainment to education, with stakes in companies like Twitter, The Four Seasons, Time Warner, and Motorola.