Sentences with phrase «per cent equity stake»

Pearson will invest $ 89.5 million in cash in NOOK Media, gaining a five per cent equity stake.

«The two companies announced a «strategic partnership» in late April with Microsoft investing $ 300M into the joint business dubbed «Newco» for a 17.6 per cent equity stake and Barnes and Noble owning 82.4 per cent.»

US drinks giant The Coca - Cola Co will invest $ US500 million in Indonesia in return for a 29.4 per cent equity stake in Coca - Cola Amatil's Indonesian business.

Direct investors are defined as foreign shareholders with at least a 10 per cent equity stake in the Australian company; all others are defined as portfolio investors.

The financial sector changes were later confirmed by Yi Gang, the newly appointed head of China's central bank, who said foreign investors would be allowed to hold up to a 51 per cent equity stake in brokerage firms, futures companies and fund management firms.

Not exact matches

Equity firm TPG is acquiring a 60 per cent stake for an undisclosed price.

US - based hedge fund Mt Kellett Capital Management is understood to be considering converting its debt into Lynas equity at about 10 cents per share, which would deliver it a substantial stake in the $ 190 million miner.

Just Eat hit the headlines in May 2015 after outlaying $ 855 million for Menulog, which was 55 per cent owned by co-founder Leon Kamenev and 25 per cent owned by online retailer Catch Group, which sold a similar business, EatNow, to Menulog earlier in 2015 in return for an equity stake.

It was initially seeking a deal with a new private equity backer who could take a 51 per cent stake in Accolade and help drive its Chinese growth strategy.

Last week it agreed to pay British private equity firm Apax nearly $ 1 billion for a 56 per cent stake in Israel's largest dairy manufacturer, Tnuva.

The introduction of New York - based Rhone Capital into the bidding vehicle with an intended 15 to 20 per cent Treasury stake if the offer is successful, has reduced the level of equity required by KKR, but combined, it will be about $ 2 billion.

The Eagle Boy's largest shareholder is Brisbane - based private equity firm NBC Capital, which acquired an 85 per cent stake in the company from founder Tom Potter in 2007.

Shire will pay $ 75m cash upfront and will also take a $ 50m stake in the AIM - listed company, equivalent to about 7 per cent of the equity.

FSI will inject # 60 million into Rocco Forte and Family in exchange for an equity stake of 23 per cent, valuing the enlarged equity at # 260 million.

AGL will spend $ 448 million in equity to lift its stake to 100 per cent, and will then negotiate with bankers for a refinancing of the coal mine.

Religare Enterprises will sell its entire 80 per cent stake in Religare Health Insurance to a consortium of investors led by private equity fund True North Managers for an estimated Rs 1,040 crore.

«We are in talk with multiple banks, including commercial and co-operative, for a long - term strategic partnership and might offer a small equity stake up to five per cent to a bank of critical size and reach,» Reliance Life Insurance CEO Anup Rau told PTI.

The government is now in a position to dilute its equity stake by up to 49 per cent in five public sector general insurance companies following the promulgation of the Insurance Laws (Amendment) Ordinance, 2014 by the President last week.