Sentences with phrase «on the stake sale»

Not exact matches

Canadian pre-tax profits were US$ 9.1 million, down from US$ 20.9 million the prior year quarter when it gained US$ 8.1 million from a price adjustment on the sale of its stake in the Montreal Canadiens.

Both my partner and I have been burned at past sales jobs, and we have staked our company on treating salespeople fairly and consistently.»

The buyout price represents a 39 percent premium to PetSmart's closing price of $ 59.81 on July 2, the day before Jana disclosed its stake and called for PetSmart to explore a sale.

Arnaud Lagardere, who has a stake of some 7 percent in Lagardere's share capital, also told the company's annual shareholding meeting on Thursday that Lagardere would re-invest proceeds from recent asset sales back into its core business.

EBay announced on Nov. 19 that it had finally completed the sale of a majority stake in Skype Technologies to a group of investors, including the Canada Pension Plan Investment Board.

HNA, which is Hilton's largest shareholder with a 26.1 % stake, announced the impending sale on Thursday through a regulatory filing with the U.S. Securities and Exchange Commission.

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.

Most deals involve an equity stake of some sort, so the celebrity can benefit from the beverage's sales for as long as it stays on shelves.

At that time, taking on a bigger stake in Apple seemed like a potential misstep: The company's stock had been swooning amid three straight quarters of profit and revenue declines due to decreases in iPhone sales.

JOHANNESBURG, April 12 (Reuters)- Troubled South African retailer Steinhoff, raised 3.75 billion rand ($ 314 million) from the sale of a 6 percent stake in its domestic Steinhoff Africa Retail (STAR) operation, to reduce debt, it said on Thursday.

Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.

For Flipkart, the stake sale to Walmart would give it more power to take on Amazon and provide access to a partner that has experience in retail, logistics and supply chain management.

What has happened is that it has raised the stakes on the remaining 30 - 40 % where direct interaction from sales is still needed.

The most significant is a $ 4.7 billion loss on sale, as Citigroup sold its 35 % stake in Morgan Stanley Smith Barney Holdings for $ 4.7 billion less than its reported carrying value.

It's not an exaggeration to say VW has staked quite a bit of their U.S. reputation, brand identity and sales future on their so - called «Clean Diesel» engines.

Elliott Management has taken a 12 percent stake in Travelport Worldwide, the hedge fund said in a filing on March 26, and may push for a sale of the travel industry e-commerce company that could include Elliott as a buyer.

Goldman Sachs advised its clients on 13 M&A deals worth $ 43.8 billion, including DE Master Blenders 1753 NV on the sale of an 85 % equity stake to a consortium of investors.

One secure way to deliver such services to users at scale is by utilizing consensus algorithms to computationally equate proof of sale (POS) with proof of stake on the blockchain, then integrating existing POS solutions with proprietary software to enable merchants to process payments in cryptocurrency.

They then seek to boost the value of their stakes by putting pressure on management to adopt a change in strategy — such as a spinoff, sale, or other organizational restructuring or changes in capital allocation — aimed at «enhancing shareholder value.»

Before the letter was released, Yahoo's total market value stood at $ 39 billion — an assessment indicating that investors put little or no value on the company's ongoing U.S. business while discounting for the taxes that currently would have to be paid in eventual sales of the Alibaba and Yahoo Japan stakes.

Weeks after closing on its $ 130 billion takeover of Vodafone's 45 % stake in Verizon Wireless, Verizon reentered the US market with a five - part, $ 4.5 billion bond sale in March.

Ms Beer was talking to advisers in mid-2015 about potential options for a full listing of the business on the ASX, but has opted for the sale of a 48 per cent stake.

The shares soared to $ 2.70 in mid-November — despite the company recording modest sales revenue — largely on the strength of the potential in China and a small stake in a Melbourne infant formula packaging facility acquired by a large Hong Kong - based consortium.

Italian energy company Edison and a consortium of sugar beet producers said on Friday that they had, once again, agreed to extend exclusive talks on the sale of Edison's 54 per cent stake in French sugar company Beghin - Say, to...

JBS SA, the world's largest meatpacker, has concluded the sale of its stake in dairy company Vigor Alimentos SA to Mexico's Grupo Lala SAB de CV, the Brazilian company said in a securities filing on Thursday.

An athletic bay colt sired by Australian stallion I Am Invincible and stakes - winning homebred mare Tai Tai Tess has fetched $ 2 million on the second of the five - day Magic Millions Gold Coast Yearling Sale.

After adjusting for exceptional items and amortisation reported profit before tax was down 25 % at # 77.8 million, which was chiefly due to the # 50.4 million exceptional gain on the sale of Dairy Crest's stake in joint venture Yoplait Dairy Crest in the previous year.

When contacted by The Australian Financial Review, shareholder Jan Cameron dismissed sharemarket talk that she had a $ 15 sale price on her stake, and would consider selling at that level.

The Spring Valley pair are being hit with charges for allegedly taking bribes on sales of village property and asking for a stake in a company as conditions in a deal.

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.

It's not as if that $ 200 million film deal is play money to 50 Cent and his posse; in April, Forbes assessed the multi-market star's net worth at $ 110 million, $ 100 M of that coming from the sale of his stake in Vitaminwater while much of his other earnings have been spent on luxurious living.

On top of that, GM's sales figure was padded with about one million sales by Chinese automakers SAIC Motor Corp. and Wuling Motors Co. — companies with which GM has joint ventures, but in which the American company does not have a controlling stake.

The 2016 Nissan TITAN XD, which made its world debut at the 2015 North American International Auto Show in Detroit, is set to shake up the highly competitive full - size pickup segment when it goes on sale in the United States and Canada beginning in late 2015 - with a bold all - new design that stakes out a unique position in the segment between traditional heavy - duty and light - duty entries.

A title has yet to be released, but this high - stakes legal thriller is slated to go on sale October 21 and will be published by Doubleday.

Meaning, once they get the DVD player back in stock, even if it's way after the sale is over, you still have the right to buy the DVD player at its sale price, because you basically «staked your claim» while the item was on sale.

Ben shares some ideas on options for investors who are sitting on large gains in their portfolio, with a focus on position sizing (rebalance when something gets larger than your targeted asset allocation), avoiding concentration in a single stock (specifically employer granted stocks), the benefits of diversification, and «reverse dollar cost averaging», whereby you gradually reduce your stake in highly valued equity by regular sales over a course of several months.

[Holdings marked thus * were exited completely: Gains are now based on my average sales price, and I've also corrected my previous mid-year file so average stake % reflects my average stake size during the year (now excluding my last / final sale).

iii) MPC Capital (MPC: GR) & HCI Capital (HXCI: GR)(MPC has a 26 % stake): These focus on fund creation / sales fees, and don't highlight their AUM for some reason.

Marketing your home requires more than a «For Sale» sign staked on your front lawn.

Other holdings: Gains are based on average stake size & sale / end -2017 prices.]

We can add - back a GBP 0.2 mio subsequent (FX) gain on the Arcapita loan sale, a likely gain of at least 0.3 mio on the sale of an Egyptian property, and a 0.1 mio increase in their DiamondCorp stake.

- Nintendo is expected to report a 160 % year - on - year increase in group net profit to around 30 billion yen ($ 289 million)- this is partially thanks to the sale of a stake in the Seattle Mariners - profit surge came even as the strong yen led to foreign currency losses of roughly 40 billion yen - the stake was sold for $ 661 million, an amount nearly 10 times what Nintendo originally paid

Last April, WME - IMG, the top Hollywood agency and events company, announced its major stake in Frieze, the media and events company that this week put on its best - known events: its eponymous London fairs devoted to the sale and celebration of art.

National Grid has turned to longstanding adviser Linklaters for advice on the sale of a majority stake in its # 11bn gas distribution business.

Norton Rose Fulbright was named M&A Team of the Year for its work on Barclays» $ 2.8 bn sale of a roughly 33 % stake in Barclays Africa, reducing its shareholding to 23.4 %.

Clifford Chance, Linklaters and Freshfields joined by Travers Smith on the sale of a stake in RAC

As a result of this successful public launch, Horizon Capital, on behalf of its fund EEGF II, has sold a 40.9 % stake in Purcari, realizing a 3.2 times gross cash - on - cash return on the sale of these shares.

He advises a broad range of financial and corporate clients on the structuring, negotiation and execution of various equity - linked transactions, including public and private convertible debt and preferred stock issuances and associated derivative transactions, accelerated share repurchase programs, registered forward sale transactions, margin loan transactions in respect of large stakes in publicly traded companies, and equity - linked hedging and monetization transactions.

Travers Smith and Clifford Chance have landed the key roles advising on the sale of a majority stake in the Gaucho restaurant group to private equity company Equistone Partners Europe.

Earlier this year, she was part of a team from the US firm that advised on the # 2.4 bn sale of a stake in data giant Global Switch to a consortium of Chinese investors.