It may surprise some to learn that he ultimately decided not to take the $ 460,000 that he was offered, as he didn't want to give up a 50
percent stake in his business.
bitARG specifically refuted a report from Nikkei Asian Review, which alleged that the exchange would sell a 40 -
percent stake in its business to Yahoo! Japan next month.
Yahoo Japan is buying into Kakao Japan, the existing Japan based subsidiary, and the investment will see both sides take 50
percent stakes in the business.
Not exact matches
Singtel has assembled a portfolio of
stakes in regional mobile firms outside its small home market, and overseas
businesses now account for about 75
percent of its core earnings.
News broke earlier that Boeing was
in talks with Embraer — the world's third - largest plane maker — for a 80 to 90
percent stake in a new venture encompassing Embraer's commercial jet
business.
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.
CHICAGO, April 11 - Retailer Toys» R» Us has received multiple bids of more than $ 1 billion for an 85
percent stake in its Asian
business, its lawyer Joshua Sussberg said at a U.S. bankruptcy court hearing on Wednesday.
Boeing has presented a plan to Brazil's government that would give it an 80 to 90
percent stake in a new venture encompassing Embraer's commercial jet
business, a Brazilian newspaper reported on Tuesday.
Walmart will receive 3 billion pounds ($ 4.1 billion)
in cash and a 42
percent stake in the combined
business» equity, valuing Asda at about 7.3 billion pounds.
As part of the transaction, Uber would get a
stake of as much as 30
percent in the combined
business, said a source with direct knowledge of the matter who did not want to be identified as the deal is not yet public.
Another source familiar with the deal said Uber would acquire a 25
percent to 30
percent stake in Grab, valuing the entire
business at $ 6 billion, the same valuation it commanded
in its most recent capital raising.
According to Forbes, the music - turned -
business - mogul invested $ 1 million into the team, and sold his
stake in 2013 with a reported gain of approximately 135
percent.
EMC's 80
percent stake in VMware, for example, has helped offset declines
in its core storage
business.
Uber lost billions
in China before selling its
business there
in 2016
in exchange for a 17.5
percent stake in homegrown rival Didi Chuxing.
Berkshire Hathaway Chairman Warren Buffett liked the
business so much that one of his conglomerates has a 10
percent stake in BYD.
Analysts from Societe Generale SA have valued Siemens's mobility unit at about 7.2 billion euros, while Veritas Investment Research Corp. has said Bombardier's 70
percent stake in its transportation
business is worth at least $ 5 billion.
An attorney for Toys «R» Us said
in court earlier this month that the company had received multiple bids of more than $ 1 billion for an 85
percent stake in its Asian
business.
Uber will take a
stake of 27.5
percent in the combined
business, and Uber Chief Executive Dara Khosrowshahi will join Grab's board.
Ms. Mayer, who was hired
in 2012 to turn around Yahoo, had planned to spin off the company's 15
percent stake in Alibaba, bundled with a small -
business - services unit, into a new company called Aabaco.
The entertainment giant will get Fox's film and TV studios, which includes the «Avatar» franchise, its regional sports networks, its international
businesses and Fox's 30
percent stake in Hulu, giving Disney a majority of the streaming service.
Vijay now simply calls it a mobile internet
business as possibilities have exploded over the past couple of years, especially after a US$ 680 million funding infusion from Alibaba
in return for a 40
percent stake.
If you have an ownership
stake in a fantastic
business with great returns on capital, a strong competitive position that makes it difficult to unseat
in its given sector or industry, and a board of directors that is shareholder - friendly, it shouldn't cause you any particular distress to watch your holdings decline by 50
percent or more on paper.
While China's regulators recently vowed to lift the limit that a foreign manager can own
in a local mutual fund
business to 51
percent, Vanguard's ownership structure prevents it from taking a
stake capped at that level.
Sunnyvale, California - based Yahoo would prefer to sell its 35.5
percent stake in Yahoo Japan, worth about $ 8.5 billion, along with the core
business, Bloomberg reported last month.
The Sentry found that a number of [South Sudanese President Salva Kii's] relatives are involved
in a wide range of
business ventures... The Sentry found that even Kiir's 12 - year - old son held a 25
percent stake in a holding company formed just a few months ago.
What's more, news that Albert Frère, an independent director of LVMH and long - time
business associate of Bernard Arnault, the luxury giant's chairman and chief executive, had built up a 3
percent stake in the company via Groupe Bruxelles Lambert SA further set the stage for discussions between the two companies.
The company, which will be renamed, will combine Barnes & Noble's digital and college
businesses, and give Microsoft a 17.6
percent equity
stake in the operation.
The college segment — which Microsoft (s MSFT) has a
stake in, along with the Nook
business — did better: Revenues were $ 252 million for the quarter, up 10.7
percent, and $ 1.8 billion for the year, up 1.1
percent.
Mapletree will acquire a 49
percent stake in Oakwood Asia Pacific, Oakwood Worldwide's serviced apartment
business in Asia, and will target acquiring and developing some US$ 4billion worth of corporate and serviced apartment assets within Asia, Europe and North America.
Meanwhile, a unit of the Chinese conglomerate HNA Group last spring arranged with Minneapolis - based Carlson Companies to buy that privately - held firm's Carlson Hotels
business, including several Radisson brands as well as its 51
percent stake in Europe's Rezidor Hotels Group.
Akin Gump has represented Trivon Communications Ltd.
in the sale to Alma Group of its 100
percent stake in Digit One Ltd., an Internet service provider and telecommunication operator that provides Internet access, telephone, television and data services to homes and
businesses in Moscow, the Moscow Region, Krasnodar and Tver.
HSBC plc, Europe's biggest bank, is selling its 26
percent stake in a life insurance joint venture with two Indian state - run banks, as it sheds noncore
businesses globally.
South Korean firm Samsung, although unsuccessful
in its bid to buy Sharp's printer
business, has agreed to invest 10.4 bn yen ($ 112m) for a three
percent stake in the television set maker, and it appears that this move is strategically placed
in order to protect the liquid - crystal display panel lines that Sharp produces and Samsung uses
in its tablet and smartphone product lines.
In what might just be the saddest business deal of all time, mobile carrier Sprint announced Monday that it has acquired a 33 percent stake in Jay Z's music streaming service, Tida
In what might just be the saddest
business deal of all time, mobile carrier Sprint announced Monday that it has acquired a 33
percent stake in Jay Z's music streaming service, Tida
in Jay Z's music streaming service, Tidal.
The transaction would allow the Kushner Cos.» investment
in the tower to be salvaged by lenders and
businesses that could have extensive dealings with the federal government, while also permitting the Kushners to buy back into the building's more lucrative retail spaces and maintain a 20
percent stake.