Sentences with phrase «majority stake»
"majority stake" refers to owning more than half of something, usually a company. It means having control and decision-making power over that thing. Full definition
Pöyry Management Consulting played an important role when Abris Capital Partners acquired majority stake in Velvet Care.
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EMS provider Qisda has made efforts to transform operations by acquiring majority stakes in industrial...
Among its high - profile deals were purchases in 2006 and 2007 of majority stakes in Chrysler LLC and GMAC, the former financing arm of General Motors.
Government, through the Finance Ministry is seeking to sell majority stake in the thermal assets of VRA.
China will allow foreign firms to own majority stakes in banks, fund managers and insurance companies in major reform push under President Xi Jinping.
China is reportedly moving to avert a trade war, by speeding up the finalization of new rules that would let foreign financial groups take majority stakes in Chinese securities companies, and by offering to buy more semiconductors from the U.S. as opposed to South Korea and Taiwan.
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.
Japanese brokerage, Monex Group are said to be readying a bid for majority stake, in the recently hacked exchange in Japan Coincheck.
A source close to the deal has confirmed that Wind's chairman and CEO, Tony Lacavera, has arranged to buy out VimpelCom's majority stake with financing from Toronto private equity firm West Face Capital and others.
Max India, the parent company and majority stake holder in Max India Life Insurance, has witnessed a 1 % rise in its share prices after a huge block deal was executed in the share market.
Macfarlanes joins magic circle firms as majority stake in commodities news service is sold to US investor General Atlantic
(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.)
Macquarie, in exchange for capital raised in Australia, gets majority stakes in the centers and cashes in on the properties» juicy yields.
within the flexible office industry of valuation and business prospects for Blackstone's new majority stake acquisition of
LVMH's $ 716 million purchase of an 80 percent majority stake in German luggage group Rimowa in 2016 helped to spur more interest in the market, but one investor notes that it was Rimowa's wheel technology — which can be applied across LVMH's brands — that sealed the deal.
Net wealth: Koch Industries, the private oil and gas empire they inherited from their father and have a controlling majority stake in, has made them both incredibly wealthy.
• Montagu Private Equity and Astorg Partners agreed to sell the remaining majority stake in Sebia, a France - based manufacturer of instruments and reagents for in - vitro diagnostics, to CVC Capital Partners Strategic Opportunities and Téthys Invest.
Avion Spirits LLC, owner of a fairly young but rapidly growing tequila brand, agreed Friday to sell a «significant majority stake» to Pernod Ricard in a deal that could further propel the premium priced tequila in bars and liquor cabinets.
With the Plaza Hotel's majority stake up for grabs, one of the world's richest men and a former prime minister of Qatar has quietly stepped into the mix.
Subscribe to the Afternoon Brief Trending Story: Napa's Colgin Cellars Sells Majority Stake to French Luxury Titan LVMH Colgin owners Ann Colgin and her husband, Joe Wender, have agreed to sell 60 percent of their Napa Valley winery to French luxury conglomerate LVMH... Today's News: The Pros and Cons of Shelf Talkers Retailers discuss -LSB-...]
The New Zealand - based company, whose majority stake was sold by Fairfax Media, publisher of The Australian Financial Review, in 2012, had revenue growth of 9.7 per cent to $ NZ180.1 million in the 12 months ended June 30.
Controversy around the deal prompted the Conservative government to implement restrictions on state - owned enterprises acquiring majority stakes in Canadian companies.
Addleshaw Goddard advises shareholders of Wicked and Flow on sale of majority stake to GL events
Foreign banks and other financial services firms will be able to own majority stakes in Chinese banks, asset management firms and funds with...
Nestlé Targets High - End Coffee by Taking Majority Stake in Blue Bottle.
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.
The company, these insiders say, was largely a reflection of its CEO and majority stake holder, Mark Karpeles, a man who was more of a computer coder than a chief executive and yet was sometimes distracted even from his technical duties when they were most needed.
While many in the coworking industry have questioned WeWork's business model and staggering $ 20 billion dollar valuation, there seems to be no uncertainty within the flexible office industry of valuation and business prospects for Blackstone's new majority stake acquisition of The Office Group, «the pioneer of the shared workspace concept» in the United Kingdom.
True Games Interactive, an Orange Country, CA - based online multiplayer game developer, has sold an 80 percent majority stake to Indian media...
Permira funds to acquire majority stake in leading cybersecurity and cloud distributor Exclusive Group
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.
MONTREAL, April 25 - Airbus SE and Bombardier aim to close a deal giving the European planemaker a majority stake in the Canadian company's CSeries jetliner program by the end of May, ahead of an initial timetable, two people familiar with the matter told Reuters this week.
Fox declined to say how much it put into these companies but described the amounts as «relatively meaningful» without being majority stakes.
MONTREAL, April 25 - Airbus SE and Bombardier aim to close a deal giving the European planemaker a majority stake in the Canadian company's CSeries jetliner program by the end of May, ahead of an initial timetable, two people familiar with the matter told Reuters.
• DPE Deutsche Private Equity and its co-investors agreed to sell their majority stake in Elatec, a Germany - based provider of access control solutions, via a recapitalization by Summit Partners.
ATHENS, April 19 - Greece has accepted a 535 million euro offer from a consortium led by Italy's Snam for a majority stake in gas grid operator DESFA, naming it the «preferred investor,» its privatization agency said on Thursday.
• KKR agreed to acquire a majority stake in Heartland Dental, an Effingham, Ill. - based dental support organization.
• Stonepeak Infrastructure Partners agreed to acquire a majority stake in euNetworks, a U.K. - based bandwidth infrastructure company.
• Centerbridge Partners closed its acquisition of a majority stake in Davis Vision, a San Antonio, Texas - based managed vision care company.
• Liebman Group acquired a majority stake in Utah - based C - Slide, a maker of patented web camera covers.
Which is precisely the reason Airbus insisted on taking a majority stake in the CSeries, with an option to buy out Bombardier's minority share as well.
• Marlin Equity Partners acquired a majority stake in Talkwalker, a Luxembourg - based global listening and analytics company.
She sold a majority stake to Swiss luxury group Richemont for # 50 million ($ 71.8 million) in 2010 before leading Net - A-Porter through a $ 3.2 billion (# 2.7 billion; $ 3.9 billion) merger with Italy's Yoox Group in 2015.
The company acquired a majority stake (93 %) of Riot Games back in February 2011 for a reported $ 400 million.
• Main Capital acquired a majority stake in Evania Video, a Berlin - based provider of programmatic video solutions.