Sentences with phrase «own stakes in the companies»

Newly listed diversified Australian resources company Apollo Minerals Ltd has confirmed that Chinese Iron and Steel Grouphave taken a 3.9 per cent stake in the company and is looking to increase its stake to 19.9 per cent.
The company received $ 3 billion from China in 2007 for a 10 percent stake in the company that had $ 368 billion under management as of the end of March.
For example, Uber sold new shares to SoftBank Group in January in a deal that valued the ride hailing startup at $ 48 billion, significantly higher than the nearly $ 4 billion valuation at which Google had bought its stake in the company five years ago.
Shares in South Perth - based Noble Mineral Resources have surged more than 37 per cent on news Chinese group Zhongrun is to invest $ 87.7 million and take a 42 per cent stake in the company.
Amazon CEO Jeff Bezos, also an early investor, retains a 3 % stake in the company.
In late February, Coke invested $ 1.25 billion dollars in Green Mountain Coffee (maker of Keurig coffee machines) for a 10 percent stake in the company.
Flipkart had vetoed an approach from Amazon for a 51 to 55 percent stake in the company two years ago, a source told Reuters, judging its offered price as far too low at the time.
Musk put his last $ 35 million into Tesla and maintained his stake in the company, despite his lack of cash.
Sainsbury's, a British grocery chain, will buy Asda for # 3 billion ($ 4.1 billion) in cash and a 42 % stake in the company, which will make Walmart the largest minority shareholder.
Larsen personally holds 5.19 billion XRP crypto coins as well as a 17 % stake in the company he cofounded, Forbes reported Tuesday, citing sources close to Ripple.
When Sean Parker became president of Facebook in 2004, he was careful to ensure that the young Zuckerberg retained a sizable equity stake in the company.
Uber co-founder and former CEO Travis Kalanick is planning to sell a third of his 10 percent stake in the company for about $ 1.4 billion, a person familiar with the matter told Bloomberg.
So an investor has required a stake in the company.
But Area 51's approach will differ from that of other prominent incubators, like Y Combinator, where startups trade a stake in their company's equity for a modern workspace and mentorship.
In February reports surfaced that activist investor Trian had taken a $ 3.5 billion stake in the company.
For Coutu, who has a 93 % voting stake in his company, the merger personally earns him $ 2.5 billion in cash and stock, and gives him a 6 % stake in Metro.
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.
Automotive Holdings Group's founding shareholders have sold a significant stake in the company to Brisbane - headquartered dealership group AP Eagers.
Things became especially fraught when negotiating the purchase of Taillefer's stake in the company.
«The subscription economy is in its early innings,» Shasta Ventures Managing Director Jason Pressman told Term Sheet (Shasta owns an 8.3 % stake in the company, now worth about $ 153.7 million post-offering).
They do have a stake in your company's future, after all.
Anyadiegwu asked for $ 460,000 in return for a 10 percent stake in the company.
Ackman's Pershing Square Capital has a 6.2 percent stake in the company — a $ 3.3 billion bet that was worth as of Wednesday afternoon $ 618 million.
And in some cases, when billionaire investors are acquiring massive multiple - quarter stakes in companies, they are granted exemptions from the Securities and Exchange Commission from including those bets in the most recent 13F.
In return, the accelerator receives a small equity stake in the company (typically around 8 percent).
That essentially means they'll be left with a less valuable stake in the company when it exits.
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.»
Harkins suggested offering Intel a minority stake in the company — very small (less than 10 %), but enough to keep Intel interested.
Silver Lake holds a 90.1 % stake in the company.
Under current plans, Mexico's government will not take a stake in the company that runs the network, according to two of the sources.
• ArcLight Capital Partners acquired a 30 % stake in the company that owns the Olympic Pipeline, a refined products pipeline system that runs across the states of Washington and Oregon.
This follows Dufry's agreement to acquire a 50.1 % stake in the company for $ 10.25 ($ 11) a share, a deal that values World Duty Free at $ 3.6 billion ($ 3.9 billion), including debt.
DS writes: If the Etsy founders held on to a larger stake in the company, Etsy's foray into B Corp. may have turned out different.
Bosses should let the employees have control of at least one aspect of the party, whether it's the food, music, entertainment, date and time or activities, so that they feel like they have more of a stake in the company.
Perhaps Kevin O'Leary might offer financing for a 30 % stake in your company — «but you're going to need more financing,» says Kopke.
But he may have done better if he had actually kept his stake in the company up until this point.
Taking his bank bonuses in Scotia equity, rather than cash, he's built up a sizable personal stake in the company worth $ 34.5 million in shares and deferred share units, plus options worth another estimated $ 48 million.
Alibaba Group invested in the company in 2013 and is expected to hold a 32 per cent stake in the company following the offering.
The settlement doesn't cover claims by Steve Wynn's ex-wife, Elaine Wynn, who has been trying to get out from under a 2010 stockholder agreement that ties her up 10 percent stake in the company.
Pessina says he turned the business around — then began helping his father's colleagues do the same in return for a small stake in their companies.
His method: Buy a stake in a company, help improve the bottom line, and then gain enough control to merge with or buy yet another one.
BlackRock Inc., the world's largest money manager, is seeking to raise more than $ 10 billion to buy and hold stakes in companies.
But now, just about two years later, and with Einhorn's stake in the company 40 % larger (excluding call options), shares of GM are 3.5 % lower from when Einhorn first initiated his most recent stake.
At the closing price of $ 44.90, Evan Williams» stake in the company is worth $ 2.6 billion.
Four years later, the app is valued at $ 16 billion, despite an investor marking down its stake in the company.
Separately, the Nikkei reported over the weekend that Hitachi will ask the UK government to take a direct stake in the company that is set to build and operate a nuclear power plant in Wales.
First, there's the money: Lin will reportedly get from this deal an equity stake in the company.
On Tuesday, Lagunitas, another big California brewer, announced it had sold a 50 % stake in the company to Germany's Heineken, in a move to greatly boost its distribution.
For investors, seeing insiders buy stock is usually a good sign, and so it is at Shaw Communications, whose 83 - year - old founder, JR Shaw, handed over $ 5.27 million in 2016 to increase his stake in the company to 4.1 %.
All the Sharks have their own unique network and expertise which they will provide after taking a stake in your company.
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