Sentences with phrase «percent stake in it»

Emirates Telecommunications Group (Etisalat) owns a 40 percent stake in its Nigerian affiliate, which accounted for around 3.7 percent of the group's revenue in 2013.

The State Teachers Retirement System of Ohio paid $ 431.9 million to purchase a roughly 20 percent stake in the Coach - anchored 10 Hudson Yards, property records filed with the city Friday show.

AEG will absorb the 0.6 percent stake in the project that was to be otherwise held by Greene and his firm, the Darman Group, and will not seek other investors to replace him.

Billionaire Carlos Slim is planning to sell more than half of his 17 percent stake in the New York Times Co. to U.S. hedge fund investors, reducing his sway over one of the world's most influential publishers.

L+M Development Partners and BFC Partners acquired a 50 percent stake in all of the Section 8 - subsidized buildings owned by the New York City Housing Authority.

CDI would also purchase a 25 percent stake in Saratoga Harness Racing, Inc..

ConocoPhillips has a 20 percent stake in Lukoil, which sells gasoline to Iran and is developing an oil project with the Iranian company.

Scrutiny of AEC intensified after it was awarded the VLT contract due to the involvement of influential southeast Queens minister the Rev. Floyd Flake, who had a 0.06 percent stake in the group.

Page Six has learned that Jana Partners hedge funder Barry Rosenstein — who is set to make hundreds of millions of dollars from Amazon's potential acquisition of Whole Foods, thanks to his 9 percent stake in the supermarket chain — is hosting a cocktail party for Cuomo at his luxurious East Hampton estate on Saturday.

The deal, which was signed by the immediate past minister of petroleum, Diezani Alison - Madueke, gave Atlantic Energy Limited a controlling 55 percent stake in the oil block.

There was better news to come for PSG, however, after Colony Capital announced that they had agreed to sell a controlling 70 percent stake in the club to a group of Qatari investors widely believed to be the Qatar Investment Authority.

Can someone please explain to me how, under British Corporations Law, a shareholder with a 30 percent stake in Arsenal can be denied a seat on the board?

And Colaco knew Pope's interest in buying a 20 percent stake in China's largest meat company, Shuanghui International.

Tyson Foods, the largest producer of chicken, beef, and pork in the world, recently made headlines when it announced a five percent stake in Beyond Meat, the El Segundo, Calif., based outfit making «real meat made from plants,» as its product labels boast.

Tyson has invested in El Segundo, Calif., plant - based protein producer, Beyond Meat — taking a five percent stake in the company for an undisclosed amount.

Subscribe to the Afternoon Brief Trending Story: Full Speed Ahead for Jackson Family Wines As one of the wine industry's most famous (and wealthy) celebrities, you might expect any interview with Barbara Banke to be a well rehearsed and stilted affair... Today's News: French Michelin Buys 40 Percent Stake in Robert Parker Wine -LSB-...]

William Grant & Sons acquired a 100 percent stake in Milagro Tequila, which was founded in 1997 and is made from 100 percent estate - grown, hand - selected blue agave in Tepatitlan in Mexico's Jalisco region.

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.

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.

That same month it was disclosed that activist investor Carl Icahn had taken an 8.5 percent stake in the company.

TOKYO (AP)-- Nissan Motor Co. is investing 237 billion yen ($ 2.2 billion) to take a 34 percent stake in scandal - ridden Mitsubishi Motors Corp. in what Nissan Chief Carlos Ghosn said is «a win - win» deal intended to repeat the success of his...

That will give Merrick a nearly 17 percent stake in Tribune, making it one of Tribune's largest shareholders.

Yahoo still holds a 15 percent stake in Alibaba worth about $ 34 billion, an asset that Smith contends has been mismanaged.

The company is also invested in a Related Companies fund and owns a 4.2 percent stake in Credit Suisse, an active New York real estate lender.

Smith agitated for change at AOL in 2012 after he acquired a 5.3 percent stake in that company and mounted an unsuccessful campaign to win three board seats.

Alibaba will also acquire a 2 percent stake in Haier Electronics by subscribing to $ 124.5 million (HK$ 965 million) in newly issued shares of the manufacturer.

Canadian investment firm Ivanhoe Cambridge and their U.S. investment partner Callahan Capital paid $ 913 million for the remaining 49 percent stake in the office tower at 1211 Sixth Avenue, according to public records filed with the city Thursday.

After Amazon.com, Inc. (NASDAQ: AMZN) confirmed a supply agreement with and the rights to acquire a 23 percent stake in Plug Power Inc (NASDAQ: PLUG), Benchmark analyst Dan Kurnos told Benzinga the deal is «just another tech upgrade.»

First, the country's government attempted to stem capital flight by freezing the holdings of any shareholder with over a 5 percent stake in a publicly listed company.

Liberty has a 27 percent stake in Charter.

But the six - foot - eight billionaire remained mostly anonymous stateside until his 2009 purchase of the Nets, paying $ 200 million for an 80 percent stake in the team and a 45 percent stake in the Barclays Center.

STC, the kingdom's largest mobile operator, is using the fund to branch into digital technology investing following its purchase of a 10 percent stake in Dubai - based Middle Eastern ride - hailing app Careem in December.

Ferro became Tribune Publishing's largest shareholder in early February when his investment firm, Merrick Media, bought a 16.6 percent stake in a $ 44.4 million deal that priced the stock at $ 8.50 per share.

Certain Affinity announced Monday Leyou Technologies Holdings Limited of Hong Kong has made a $ 10 million investment for a 20 percent stake in the Austin - based game development company.

1Malaysia Development Berhad said on Dec. 31 that it would sell a 60 percent stake in Bandar Malaysia to a consortium including Malaysia's Iskandar Waterfront Holdings and China Railway Engineering Corporation for 7.4 billion ringgit ($ 1.7 billion).

Yahoo!, for one, will be selling about $ 8 billion worth of shares for the IPO but will still retain a 16.3 percent stake in the company.

$ 1.6 billion sale of a 28 percent stake in the London Stock Exchange Group plc to Borse Dubai Limited (a holding company for investments in the stock exchange made by Dubai International Financial Centre).

The activist investor reported an 11.3 percent stake in the U.S. video game publisher, and said he may seek conversations with Take Two representatives about the company.

Ferro became Tribune Publishing's largest shareholder in early February, when his investment firm, Merrick Media, bought a 16.6 percent stake in a $ 44.4 million deal.

But the company shelved its plans after liquor producer Constellation Brands bought a 10 percent stake in Canopy, according to a video of the speech posted on the club's website.

Two other sales of shares in PetroVietnam units in January were oversubscribed: the sale of a 20 percent stake in Petrovietnam Oil and shares in Binh Son Refining and Petrochemical.

Logitech said that it will maintain a 37.5 percent stake in Lifesize and that 3 separate venture capital firms invested $ 17.5 million...

Naspers, a South African media and technology company, said on June 26 it does not plan to spin off its roughly 33 percent stake in Chinese web group Tencent.

If the Kushner's went for the $ 12 billion plan, it would leave them with a 20 percent stake in the finished project.

Now, 63, he owns a 5 percent stake in the Los Angeles Lakers, where he was known for being part of Kobe Bryant's pregame ritual.

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.

** Abu Dhabi asset manager Invest AD said it has divested its 38 percent stake in Airport International Group (AIG), the developer and operator of Jordan's Queen Alia International Airport, for $ 230 million.

** Croatia's government chose Romanian Grup Feroviar Roman (GFR) as the best bidder for a 75 percent stake in its freight railway operator, pursuing a drive to sell off state assets to help the budget.

JPMorgan sold its 33.3 percent stake in the JV to First Capital in December 2016.

Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week,...