Sentences with phrase «per cent stake»

UTV Software Communications Ltd has sold 15 per cent stake in its broadcasting arm, UTV Global Broadcasting Ltd (UGBL), to Walt Disney (NYSE...

UTV Software Communications, the media and entertainment company, has picked up an 80 per cent stake in California - based gaming company True...

Bajaj Auto holds a 76 per cent stake in the venture.

Allianz Global Investors would hold a 51 per cent stake in the joint venture, with the rest 49 per cent being held by Bajaj Finserv.

The Insurance Regulatory and Development Authority (Irda) is likely to allow state - owned Life Insurance Corp of India to retain over 10 per cent stake in companies for now, a finance ministry official

Munich Re bought additional 23.27 per cent stake in Apollo Munich Health Insurance from its joint venture partner Apollo Hospitals Group for Rs 164 crore last year.

ICICI Bank has 74 per cent stake and Prudential Plc owns the remainder 26 per cent stake in the joint venture.

Edelweiss Tokio Life Insurance started its business in the year 2011 with Edelweiss Group holding 74 per cent and Tokio Marine the remaining 26 per cent stake in the joint venture.But recently Edelweiss Tokio Life Insurance recently got the IRDA approval to enhance Tokio Marine's stake to 49 per cent in the Joint venture.

Currrently, Standard Life (Mauritius Holdings) holds a 26 per cent stake in the joint venture.

Currently, Edelweiss Financial Services have a 74 per cent stake whereas Tokio Marine owns 26 percent in the joint venture.

Standard Life will be acquiring the extra 9 per cent stake for more than Rs 1,700 crore.

Subsequently, when ING Group moved out of the venture, Exide took over the group's 26 per cent stake; it even bought 16.32 per cent from Hemendra Kothari Group and 7.68 per cent from Enam Group, all for a total consideration of around Rs 550 crore.

Of the 74 per cent, Biyani's flagship Pantaloon Retail directly and via special purpose vehicles holds close to 50 per cent stake, while the Biyani family holds around 25 per cent.

Reliance Capital is all set to sell its 16 per cent stake in leading travel portal Yatra.com for an estimated Rs 500 crore...

Last year state - run PNB had announced picking up of 30 per cent stake in MetLife India Insurance at an undisclosed sum.

Ghosh said there are no plans to move ahead with IPO or any other fund raising following Nippon picking up 26 per cent stake for Rs 3,000 crore in the company.

PNB bought the entire 26 per cent stake held by Principal Financial Group and the 32 per cent participating interest of domestic firm UK (Berger) Paints in Principal PNB Life Insurance Company Ltd..

In December 2014, HDFC had said Azim Premji Trust would buy 0.95 per cent stake in its life insurance venture, HDFC Life, for Rs 198.9 crore.

The company stated in a regulatory filing that the board meeting held on 18th April approved up to a 10 per cent stake sale in HDFC Life.

After the merger, L&T was to hold 51 per cent stake, Generali Group 26 per cent and 23 per cent was to be held by the Future Group.

More importantly, we can see the entry of fresh players as 49 per cent stake would given them stronger shareholding rights,» said Punit Shah, partner, KPMG.

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.

Mitsui Sumitomo has only a 9.28 per cent stake in Global Aerospace, it says.

ICICI also has a 54.9 per cent stake in listed life insurance subsidiary ICICI Prudential Life Insurance, which as of September 27, was worth Rs 31,000 crore and equals about 32.8 per cent of the bank's CET1 capital as of June 2017.

This TPA would have the four public general insurers holding 23.75 per cent stake each.

ICICI Bank recently agreed to sell a 6 per cent stake in ICICI Prudential Life Insurance Company in two separate deals to billionaire Azim Premji and Singapore state investor Temasek for Rs 1,950 crore which put the valuation of the company at Rs 32,500 crore.

AIA Group Limited is the fourth foreign insurance major to hike the stake in Indian firms with the foreign firm announcing that it will increase its shareholding in Tata AIA Life Insurance Company, a joint venture company by Tata Sons and AIA, from the current level of 26 per cent to 49 per cent through the purchase of another 23 per cent stake in the company.

The first four have 23.75 per cent stake each and GIC has five per cent.

Advising Warburg Pincus and General Atlantic on their joint acquisition of, and the acquisition financing relating to, a 49 per cent stake in UAE - based Network International, the leading payment solutions provider in the Middle East and Africa.

Econet owned a 5 per cent stake in VNL and held pre-emption rights under the terms of the shareholders» agreement.

Stephenson Harwood advised Ambience Ventures Limited on its acquisition of a 34 per cent stake in the national rail operator of Kenya and Uganda, Rift Valley Railways...

Lochard has a 10 per cent stake in the Athena field 110 miles north - east of Aberdeen.

Thai power generation company Ratchaburi Electricity Generation Holding has put its 80 per cent stake in Australian power generator RATCH - Australia Corporation on the block, joining 20 per cent partner Transfield Services in trying to exit the company.

Acquire a 40 per cent stake in Esperaza Holding by the end of 2006, making it a partner in Sonangol's indirect investment in Galp.

Fukushima presented an opportunity for AGL Energy because it meant that Tepco, the plant's operator, was no longer in a position to invest in Loy Yang A and was a distressed seller of its one third stake in Loy Yang A. AGL Energy, which already had a 32.5 per cent stake in the plant, says Loy Yang A will remain one of the lowest cost generators in the NEM because of cheap coal at the doorstep — it pays just $ 6 / t for brown coal, which would give it a massive advantage over black coal generators in NSW, which are facing costs of $ 45 / t and will go higher in future years.

Tencent has announced the acquisition of a 9 per cent stake in Frontier, which represents a 17.7 m investment.

Leyou's acquisition of Splash Damage follows the 97 per cent stake it has taken in Digital Extremes, the studio behind Warframe, since July 2015.

The Ascott is acquiring an 80 per cent stake in Synergy Global Housing, a leading accommodation provider in the US.

Qatar Airways has taken a ten per cent stake in LATAM Airlines through subsidiary Qatar Airways Investments (UK).

Qatar Airways and LATAM, both members of the oneworld alliance, also completed a business agreement in December 2016 whereby Qatar Airways Group took a ten per cent stake in LATAM.

The conglomerate presently holds a 50 per cent stake in the development as part of a wider luxury travel portfolio.

Air services provider dnata has purchased a 75 per cent stake in Travel Republic, the largest privately owned online travel agency in the UK.

Singapore Airlines is to acquire a ten per cent stake in Virgin Australia in an agreement that will further strengthen ties between the two partner airlines.

The deal includes acquiring a 30 per cent stake in the company and investing in real estate acquisitions for new build, hotel conversion and adaptive reuse properties as Yotel expands its international scale.

The sees Australian investor Industry Funds Management take a 35.5 per cent stake in the enlarged group.

Qatar Airways is to take up to a ten per cent stake in oneworld partner LATAM, which will be acquired in connection with a capital increase.

Berkshire holds about a 20 per cent stake, according to data compiled by Bloomberg.

The software giant bankrolled the e-book biz to the tune of $ 300m in 2012 in a deal that gave Redmond a 17.5 per cent stake in Nook, and Redmond was once thought to be ready to snap up the whole thing for $ 1bn.

The cash will buy Microsoft a 17.5 per cent stake in a new Nook subsidiary of B&N, dubbed NewCo until a name is decided.

Tata Group's retail firm Trent Ltd today said online retail giant Amazon has picked up 26 per cent stake in its publishing arm Westland for Rs 9.5 crore.