Sentences with phrase «minority stakes in»

Macerich Co. agreed to sell minority stakes in eight U.S. malls for $ 2.3 billion to Singapore's GIC Pte and property investor Heitman LLC, a deal that will allow the landlord to pay a special dividend, buy back shares and cut debt.

Backfeed contends the proposal could guard against hostile takeovers, while encouraging shareholders with more minority stakes in the DAO to contribute.

Applied Blockchain Ltd, a London - based blockchain start - up, has secured its first funding round with investments from Shell Trading International Ltd (Shell) and Calibrate Partners LLP for minority stakes in the company.

Spotify announced the equity investments on Friday, under which Tencent will buy secondary shares from Spotify's existing investors while Spotify will also acquire minority stakes in Tencent Music Entertainment (TME).

In January, the conglomerate appeared to secure a lifeline with a $ 2.2 billion investment from Sunac China, a real estate developer, which purchased minority stakes in three of the conglomerate's more stable businesses, including the smart TV affiliate Leshi Zhixin, Le Vision Pictures, and Leshi Internet.

It would seem, however, that Spotify is eager to shore up more economic goodwill with potential investors, as well as the «big three» record labels that all have minority stakes in the company and an interest in seeing its IPO do well.

Allianz has minority stakes in both Bajaj insurance ventures — Bajaj Allianz Life Insurance Company and Bajaj Allianz General Insurance Company.

Withers» Milan office has acted as the sole adviser on the acquisition of two minority stakes in the holding company of Italian sports car manufacturer Pagani by private investors.

First, E.ON will acquire RWE's 76.8 % stake in Innogy — a renewables company created in April 2016 as RWE spun off its renewables, retail, and grid businesses — and RWE will pay E.ON $ 1.5 billion to take on Innogy's renewables business, along with E.ON's minority stakes in two RWE nuclear plants (Emsland and Gundremmingen), Innogy's gas storage business, and Innogy's participation in hydro - rich Austrian energy utility Kelag.

Modern activists exploit this property by taking large minority stakes in these stocks and then agitating for change.

Recent investments made by 3M New Ventures include minority stakes in Perceptive Pixel Inc., a developer of advanced multi-touch solutions; Printechnologics GmbH, a printed electronics specialist providing innovative solutions for electronic circuitry on paper or foil; and txtr GmbH, an innovative eReading technology company.

The London buyout firm retained minority stakes in both businesses when it sold them to ProSieben in 2015 and 2016 respectively.

As part of the deal, ProSieben and General Atlantic have bought the minority stakes in Verivox and Parship held by Oakley Capital.

Their mandate ranges from growth investments for control of companies to taking minority stakes in businesses with significant prospects for growth.

Crown Acquisitions and Highgate Holdings will continue to hold minority stakes in the property, with Crown continuing to operate a part of the retail space.

The Abu Dhabi National Oil Company, or ADNOC, is considering an initial public offering of minority stakes in some of its services businesses.

Based on analysis of more than 90 private equity funds, the IFC observed that the risks associated with minority stakes in companies could be managed effectively.

Goldman Sachs Asset Management is reportedly gearing up to buy direct minority stakes in private equity companies, initially through its Petershill II LP pooled investment vehicle but eventually via a new $ 1.5 billion dedicated fund that may be raised for the purpose.

Last May, Ancestry.com said in a statement that U.S. private equity fund Silver Lake and Singapore's sovereign wealth fund GIC Private Ltd had acquired minority stakes in a deal valuing Ancestry.com at about $ 2.6 billion.

The acquisitive owner of Hainan Airlines is building a portfolio of minority stakes in global rivals.

The companies in December said they would buy minority stakes in each other, helping increase exposure to each other's core markets.

Spotify and the music arm of China's Tencent Holdings said last week they would buy minority stakes in each other, but gave no financial details.

COPENHAGEN / LONDON, Dec 13 - Activist hedge fund Primestone Capital on Wednesday urged U.S. cleaning equipment company Tennant and Danish peer Nilfisk to consider merging after building up minority stakes in both firms.

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

One obstacle in Spotify's negotiations is over the share of revenue the service has to pass on record companies — some of which also own minority stakes in Spotify — and their musical acts.

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

• Vitruvian Partners agreed to acquire a minority stake in Bitdefender, a Bucharest, Romania - based cybersecurity tech company, from Axxess Capital.

Whistleblowers have alleged that the Chos, who hold a minority stake in the publicly listed airline, have assaulted workers who angered the family.

Separately, Centerbridge acquired a minority stake in Visionworks, a San Antonio, Texas - based optical retailer backed by Highmark.

• Riviera Investment Group acquired a minority stake in LMP Automotive Holdings, a Plantation, Fla. - based ecommerce platform for buying, selling and financing used cars.

• Abu Dhabi Investment Authority, the country's sovereign wealth fund, acquired a minority stake in KKR India Financial Services.

• Acacia Partners acquired a minority stake in Red River, a Claremont, N.H. - based tech services provider.

• American Airlines (Nasdaq: AAL) agreed to acquire a $ 200 million minority stake in China Southern (SHSE: 600029), China's biggest airline, according to the New York Times.

Harkins suggested offering Intel a minority stake in the company — very small (less than 10 %), but enough to keep Intel interested.

• OMERS Private Equity agreed to acquire a minority stake in National Veterinary Associates, an Agoura Hills, Calif. - based owner and operator of veterinary hospitals and boarding facilities.

TSM Capital, an investment firm founded by Marvin Traub, the former CEO and chairman of Bloomingdale's, picked up a minority stake in 2007.

An example of an investment might be a minority stake in a family - owned business.

The deal also reportedly boosts Vice's valuation to $ 5.7 billion, according to multiple reports, though the companies did not disclose the size of TPG's minority stake in Vice.

Thirty million is coming from GE, which will be taking a minority stake in Quirky, with the rest of the funds coming from a collection of Quirky's previous investors including Andreessen Horowitz and Kleiner Perkins Caufield & Byers.

In addition to Potanin, potential suitors for Whistler Blackcomb include Vail Resorts and Nippon Cable of Japan, which already owns a minority stake in Whistler Blackcomb and all of Sun Peaks Resort — likewise built on the Whistler Blackcomb model — in the B.C. interior.

Romanian state - owned power producer Hidroelectrica expects to finally exit its insolvency process by next month, and aims to sell a minority stake in an initial public offering by November, its manager told Reuters on Sunday.

Leonard Green's talks with Nordstrom is the uncommon example of a private equity firm taking a minority stake in a leveraged buyout.

The exact terms of Mars's minority stake in Kind could not be learned.

In 2016, White took a minority stake in the company that runs Mammoth Mountain, Snow Summit, and Bear Mountain, the California resorts where he prefers to train.

As part of the arrangement that saw him relinquish Magna's reins last year, he insisted on receiving a controlling minority stake in Magna E-Car Systems, a nascent venture that's co-ordinating Magna's foray into electric vehicles.

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.

• TSG Consumer Partners acquired a minority stake in Nuun and Company, a Seattle - based sports hydration provider.

Bacardi, which is known for its rum, took a minority stake in the brand's parent company in 2008.

The group's plan is to raise at least $ 500 million in an IPO, then purchase a minority stake in one or more highly valued private tech companies.

In 2012, Raine Group and Insight Venture Partners took a minority stake in Perez's business, giving it a valuation of $ 500 million.