Sentences with phrase «majority stake in them»

Now owning the majority stake in Supercell along with all of Riot Games, the company also owns 48.4 percent of Epic Games.
We have no idea yet who is even thinking of buying a majority stake in Capcom, but it seems like everyone has a preference.
Last year, it bought a majority stake in Supercell, developer of Clash of Clans.
As announced late last year, developer Rocksteady — in which WB has acquired majority stake in — is already working on the next Batman game.
Nexon has reported their revenue is up 56 % and also announced they now hold a majority stake in the company GameHi.
The deal includes Carlson's majority stake in Rezidor Hotel Group, but still needs regulatory approvals.
dnata has announced it has signed an agreement to purchase a majority stake in Imagine Cruising.
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.
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).
Their majority stake in KWG's obviously integral to this whole strategy.
New York Life Investments has announced the signing of an agreement to acquire majority stake in Credit Value Partners (CVP), a boutique specializing in opportunistic and distressed debt, as well as high - yield corporate credit investing capabilities.
Power Financial Corp. (PWF / TSX), the financial services company that owns a majority stake in Great - West Lifeco Inc. and also controls asset managers like Investors Group and Boston - based Putnam Investments, also has a history of raising its dividend.
However, investors should be aware of the risks that exist when a controlling shareholder does not own a majority stake in the business which he controls.
According to the WSJ, Janus bought the majority stake in an Australian bond firm, Kapstream Capital Pty Ltd., then appointed Kapstream's founder to co-manage Unconstrained Bond.
That's happened in the UK, where supermarket chain Sainsbury's bought a majority stake in Anobii a UK - publishers - backed startup, analogous to Bookish in the US and Tesco bought Mobcast because the ebook business was one that they thought fit in well with their offerings and customer base.
Reliance Industries, which bought a majority stake in Mahendra Nahata's Infotel, has a pan-India licence and spectrum to run broadband wireless services (BWA).
In June, AU announced a deal to eventually buy a majority stake in M.Setek, a Japanese manufacturer of polysilicon and monocrystal silicon wafers, which are used in solar cells.
August mid — TripAdvisor acquires a majority stake in FlipKey.com, a vacation rentals review site.
Nissan has finalized the buyout of a majority stake in Mitsubishi Motors Corps Thursday for $ 2.3 billion following a fuel - economy scandal that caused the latter company to spiral toward demise, The Wall Street Journal reports.
After acquiring a majority stake in Zastava in the autumn of 2008, Fiat continued production of this vehicle under the Fiat Punto Classic name from March 2009.
Nissan finalized its acquisition of a majority stake in the company in October and it seems to be going well so far.
Porsche secured loans from several banks to help solidify its majority stake in Volkswagen.
The maker of the Baleno compact hatchback and the Vitara Brezza compact SUV dominates the Indian market through its majority stake in Maruti Suzuki India Ltd, the country's largest automaker.
[12] This generation was sold as the Daewoo Korando from 1999 to 2001, as Daewoo bought a majority stake in SsangYong, but was later forced to sell its shares.
Capstone Automotive Group, an affiliate of New York - based asset management firm GPB Capital, has acquired a majority stake in Prime Motor Group, which operates dealerships in Massachusetts,... Read more
Lindsay Automotive Group of Virginia has acquired a majority stake in Whitt's Harley - Davidson motorcycle dealership in Old Town Manassas, Va. and changed the name to Bull Run Harley - Da... Read more
and Ford sold a majority stake in the company ito a business consortium led by David Richards in 2007.
In April 2018, following the acquisition of a majority stake in TEN by Discovery Communications, and its contribution of cable channel Velocity into the group, it was announced that the channel will rebrand as Motor Trend Network later in the year.
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.
Sarah inherited a massive fortune and majority stake in the Winchester company after the death of her husband twenty five years earlier, but has dedicated much of her time since then to constructing her San Jose mansion.
Nintendo recently purchased a majority stake in the game's developer, ND Cube, a team arguably most famous for the Gameboy Advance title F - Zero: Maximum Velocity.
Our report from last week also revealed that Chinese property and investment firm Dalian Wanda Group has agreed to acquire a majority stake in Legendary Entertainment, news which was confirmed through a press release sent out earlier today.
NEON, which already made waves at the Sundance Film Festival when 30WEST announced it was acquiring a majority stake in the upstart distributor, has just acquired domestic rights to Monsters And Men.
After NEON's partner on that movie, 30WEST, acquired a majority stake in the distributor — buying out China - based Sparkle Roll — the new partners set an eight - figure world rights acquisition of Sam Levinson's Assassination Nation, along with Joe and Anthony Russo's AGBO.
Nestlé Targets High - End Coffee by Taking Majority Stake in Blue Bottle.
INTERFAX — Jan 19 — Meetic paid USD 20 mln for a majority stake in eFriendsNet Entertainment, which operates China's largest online dating website Yeeyoo.com.
PRESS RELEASE - Sep 25 - Online Buddies, the parent company of Manhunt, has acquired a majority stake in a social networking site for gay men under age 30, DList.com.
Then in March, IAC increased its majority stake in Tinder, a mobile app that is ground zero for the hookup culture, paying an undisclosed amount that is believed to have valued Tinder in the billions.
It increased its majority stake in Tinder, the mobile app at the top of the mobile dating heap, and acquired most of the Brooklyn - based dating site HowAboutWe.
The Chinese clothing giant, which owns SMCP and Trinity, has bought a majority stake in Swiss luxury brand Bally for an undisclosed sum.
SHANGHAI, China — Following a report on BoF in January of Shandong Ruyi Group's emergence as a leading bidder for Bally, the Chinese textile producer has signed definitive agreements to buy a majority stake in the Swiss luxury brand for an undisclosed sum.
The Chinese firm will pay 33 million euros (# 29.25 million) for a majority stake in loss - making luxury textiles maker and make a mandatory takeover offer to other shareholders.
The Chinese clothing and textile giant, which already controls Gieves & Hawkes, Sandro and Maje, has purchased a majority stake in the Swiss clothing and leather - goods brand.
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.
Just two years later, General Atlantic acquired a majority stake in the company, valuing it at $ 500 million.
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.
DeltaPoint Capital Management, a private equity firm, acquired a majority stake in Auburn Armature in 2013 with a $ 7 million investment that included $ 3.4 million from the New York State Common Retirement Fund, an investor in DeltaPoint.
In 2014, they represented Urban American in the sale of a majority stake in the 4,000 - unit Putnam multifamily portfolio in Upper Manhattan and on Roosevelt Island to Brookfield Property Partners for $ 1.04 billion, which was the largest multifamily deal of the year.
In March of 2013, state Comptroller Thomas DiNapoli announced that DeltaPoint Capital Management had acquired a majority stake in Auburn Armature, a $ 7 million investment that included $ 3.4 million from the New York State Common Retirement Fund.
Delegates voted unanimously on Wednesday to renationalise Britain's train operations and reverse the coalition's decision to sell off a majority stake in Royal Mail at the party's autumn conference.
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