Sentences with phrase «majority stake in his company»

Laliberté stepped away from the day - to - day of the business in 2008, and in 2015 he sold his majority stake in the company to a group of outside investors, including Caisse de dépôt et placement du Québec.
In February, Reuters reported that Chobani rejected an offer from investors including PepsiCo to buy a majority stake in the company, because «independence remained a key asset to the company and the brand.»
As it turned out, however, there was a bonus that I discovered during the process of selling a majority stake in the company to Allied Capital, our new private equity partners.
Berkshire Partners reportedly bought a majority stake in the company in 2005 for an estimated US$ 87 million.
In 2013, the U.S. private equity firm Bain Capital bought a majority stake in the company for an estimated $ 250 million, a cash infusion that will fuel Canada Goose's continued rapid expansion.
Paytm Mall is backed by Chinese e-commerce behemoth Alibaba, which holds a majority stake in the company.
But Kalanick retains his board seat and majority stake in the company, suggesting he could continue to wield considerable control over the world's most valuable startup.
Surve hoped to eventually purchase a majority stake in the company, but in 2000 the company went under in the biggest corporate scandal in South African history.
As these family offices improve their deal capabilities, hire more seasoned investment professionals, and gain experience executing smaller investments, it is expected that they gradually will join the family offices and institutional investors that are taking majority stakes in companies and investments and targeting larger deals.
Disney officially bought a majority stake in the company with a fresh $ 1.58 billion investment.
He says they help him with hiring negotiations, family relationships, and even his decision to give up a majority stake in his company and pursue writing full time.
Just two years later, General Atlantic acquired a majority stake in the company, valuing it at $ 500 million.
Most of the major festival headlines have been related to Neon: days after its «I, Tonya» partner, 30WEST announced that it bought a majority stake in the company, 30WEST then nabbed U.S. rights to the Keira Knightley vehicle «Colette» with Bleecker Street for somewhere in the «mid-seven figure» range.
and Ford sold a majority stake in the company ito a business consortium led by David Richards in 2007.
Nissan finalized its acquisition of a majority stake in the company in October and it seems to be going well so far.
Nexon has reported their revenue is up 56 % and also announced they now hold a majority stake in the company GameHi.
EOS IM has acquired a majority stake in the company.
Notable mandates: Acted for Spin Master Corp. in connection with its IPO and on several acquisitions and related financing transactions; represented Canada Goose Inc. in the sale of a majority stake in the company to Bain Capital; acted for KUBRA Data Transfer in a variety of day - to - day matters and related acquisitions and financings as well as the ultimate sale of KUBRA by Clairvest and its management team; acted for Concordia Healthcare Inc. in connection with the financing and acquisition of various assets, and in its reverse takeover of a CPC and listing on the TSX; represented Frank Stollery Ltd. on the sale of 1 and 11 Bloor Street W., which housed the landmark retail store Stollery's for 114 years.
But that's exactly why Helios and Matheson Analytics Inc. bought a majority stake in the company.
The Crossfade 2 are the first over-the-ear product announcement from V - Moda since Roland acquired a majority stake in the company in August 2016

Not exact matches

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.
• Centerbridge Partners closed its acquisition of a majority stake in Davis Vision, a San Antonio, Texas - based managed vision care company.
Chinese tech giants are now outright acquiring or taking majority shares in overseas companies, such as Ctrip's (China's leading online travel agency and number two market leader in the world, second only to Priceline) acquisition of the UK's leading travel search site Skyscanner, Tencent's 93 % investment in U.S. - based gaming company Riot Games and 84 % investment in Finland - based gaming company Supercell, and Alibaba's 83 % stake in Southeast Asia's online shopping site Lazada.
• Marlin Equity Partners acquired a majority stake in Talkwalker, a Luxembourg - based global listening and analytics company.
The company acquired a majority stake (93 %) of Riot Games back in February 2011 for a reported $ 400 million.
• A Chinese state - backed consortium including China Jianyin Investment and Tamar Alliance acquired a majority stake in Nature's Care, an Australian vitamin company.
• A consortium led by French billionaire Xavier Niel agreed to buy a majority stake in telecommunications company Eir.
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.
• Berkley Capital, W. R. Berkley Corporation's (NYSE: WRB) private equity arm, acquired a majority stake in The Crypton Companies, a Bloomfield Hills, Mich. provider of performance fabrics in the contract, home furnishings and apparel markets.
In a recent Harris Decima survey, 71 % of respondents felt it was a bad thing for Chinese interests to buy a majority stake in a Canadian - owned companIn a recent Harris Decima survey, 71 % of respondents felt it was a bad thing for Chinese interests to buy a majority stake in a Canadian - owned companin a Canadian - owned company.
Controversy around the deal prompted the Conservative government to implement restrictions on state - owned enterprises acquiring majority stakes in Canadian companies.
The MCNs behind some of YouTube's biggest stars have grown to become quite valuable to major media and entertainment companies: in just the last year, Disney bought Maker Studios for $ 500 million, German - based broadcaster Prosieben invested in Collective Digital Studio, Otter Media took a controlling stake in Fullscreen and Europe's RTL Group bought a majority stake in StyleHaul.
Last year, Vice took a majority stake in U.K. production studio Pulse Films and the company said earlier this year that Viceland had ordered six episodes of a scripted comedy series from actor James Van Der Beek and musician / DJ Diplo, called What Would Diplo Do?
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.
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.
It has more than 150 subsidiaries and owns a majority stake in Greenheart Group Ltd., a Hong Kong - traded company involved in logging with assets in Suriname and New Zealand.
In 2016, China's state - owned shipping company Cosco bought a majority stake in Greece's Piraeus Port, which triggered discontent within the EU despite the bloc having earlier demanded the privatisation of the facility to help solve Greece's debt crisiIn 2016, China's state - owned shipping company Cosco bought a majority stake in Greece's Piraeus Port, which triggered discontent within the EU despite the bloc having earlier demanded the privatisation of the facility to help solve Greece's debt crisiin Greece's Piraeus Port, which triggered discontent within the EU despite the bloc having earlier demanded the privatisation of the facility to help solve Greece's debt crisis.
ZURICH, April 30 - Nestle's Purina PetCare division has acquired a majority stake in Tails.com, a British tailor - made dog food company, from venture capital group Draper Esprit, the partners said on Monday.
The growing opposition from major shareholders could be a big problem for Dell because in order for the company to go private, he needs the approval of the majority of shareholders, excluding his stake in the company.
«One is that investors who might otherwise be interested only in outright purchases of a company or in buying only majority equity stakes are now willing to consider deals where they invest in significant minority stakes instead.
Dangote bought back a majority stake in Dangote Flour Mills — which had grown unprofitable after he sold a large stake to South African food company Tiger Brands three years ago for $ 190 million — in December for just $ 1.
Then, Verizon completed a reverse Morris trust reorganization with FairPoint, under which the original Verizon shareholders owned a majority stake in the newly merged company, while FairPoint's original management ran the new company.
The company said Thursday it sold a majority stake to an affiliate of Roark Capital Group, an investor in such big - name fast - food chains such as Carl's Jr., Hardee's and Arby's.
Main Capital Partners acquires Verklizan — Dutch investment company Main Capital Partners acquired a majority stake in Verklizan, a Dutch telehealth infrastructure company.
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.
China will allow foreign firms to own majority stakes in banks, fund managers and insurance companies in major reform push under President Xi Jinping.
In 2017, HGGC acquired a majority stake in database software firm Idera Inc, valuing the company at roughly $ 1.13 billion including debIn 2017, HGGC acquired a majority stake in database software firm Idera Inc, valuing the company at roughly $ 1.13 billion including debin database software firm Idera Inc, valuing the company at roughly $ 1.13 billion including debt.
In August, Azria surrendered his majority equity stake as part of a debt restructuring and left the company, Etlin said.
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.
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