Sentences with phrase «selling stakes»

The announcement of selling stakes was made on Friday after the market hours.

JP Morgan and Deutsche Bank is responsible for selling the stakes of Aviva in the Indian joint venture where the value of the company is counted around Rs. 5000 crore.

Saputo has been pressuring Bega and 10 per cent shareholder Lion into selling their stakes.

However, a rule change by the Reserve Bank of India in January 2014 prevents foreign investors from selling stakes in Indian firms at a pre-determined price or above fair market value — and DoCoMo's exit price is above fair value for Tata Teleservices.

Selling stakes to small investors is a strictly regulated process, and all offerings must be run through portals registered with the Financial Industry Regulatory Authority.

Breaking Down the Buyout Numbers Why are more businesses selling stakes to private equity firms every year?

Vodafone and Idea, which both own stakes in Indus Towers, had said they would look at selling their stakes in Indus, and also dispose of other tower assets they separately own to help cut debt in the merged telecoms carrier.

Lukas has inherited his father's savvy business sense, buying and selling stakes in countless resource companies over the years.

But in 2004, Disney sold its stake in the Town Center to the private - equity firm Lexin Capital.

• Providence Equity Partners agreed to sell its stake in KIN, an Indonesia - based telecommunications infrastructure provider, to Protelindo.

Apache said Thursday it's getting out of the LNG business, with plans to also sell its stake in the Wheatstone project in Australia.

Australia's richest woman Gina Rinehart has made a profit of about $ 60 million after selling her stake in diversified miner and contractor Mineral Resources.

• Audax Group, A Boston - based investment shop, held talks to sell a stake of itself to other PE firms, but ultimately decided against it, the Wall Street Journal reports citing sources.

JD.com said it had raised $ 2.5 billion by selling a stake in its logistics business, which it will use to invest in new technologies like drones and robotics.

Thanks to sports» increasing value over the past two decades, Teachers» was able to parlay a $ 50 - million investment in 1994 for a 49 % stake in the Maple Leafs and Maple Leaf Gardens, one of the biggest, most profitable sports companies in the world, selling its stake for $ 1.32 billion.

When the holder of a CLO seeks to sell a stake, managers don't have to offload assets to pay the investor back.

• Caltius Equity Partners sold its stake in DHR Services Holdings, a Phoenix, Ariz. - bases human resource services provider, to Oasis Outsourcing.

But then, in 2010, he abruptly sold his stake and moved to a little farm on the Lebanese border, where he opened a tiny catering company.

In 2008 the bank also bought a 37 % interest in CI Funds, though it will be up to new CEO Brian Porter to ultimately decide whether to sell the stake or try to buy the rest.

To Deluce — who'd gone on to found Canada 3000 in the late 1980s, and to sell his stake at a tidy profit in 1995 — that airport was a grossly underused asset.

Instead, when Apple's troubles in the Chinese market became apparent in April 2016, Icahn sold his stake after Apple's stock had risen 53 % since he first bought in — measly returns compared to if he had stayed in another year.

Oil and gas company AWE has sold its stake in the Cliff Head offshore oil project to Elixir Petroleum, for an upfront payment of $ 1 million.

And Caisse snapped up a piece of Cirque du Soleil when Guy Laliberté sold his stake — no doubt to ensure Cirque remains in Quebec.

Legend Mining has sold its stake in gold and nickel miner Independence Group for $ 4 million, with the local explorer netting about $ 2.5 million profit from the sale.

They want a higher valuation, but they have to haggle with venture investors, who want to set a price based on how they can maximize their own profit when they sell their stake.

Alcoa of Australia has agreed to sell its stake in DBP, the owner and operator of the Dampier to Bunbury Natural Gas Pipeline (DBNGP), to DUET Group for $ 205 million.

Today, though he sold his stake to his siblings, Paul Jr. is the most bitter of the lot.

Ivanhoe planned on selling a stake in its Kamoa copper mine, located in the African nation, to China's Zijin Mining.

Hulu, the popular Internet video streaming service, is seeking to sell a stake to Time Warner (TWX) that would value it at more than $ 5 billion, according to a Wall Street Journal report.

«They can sell their stake in the business, which is 65 per cent, but they can't sell the entire business any longer,» Lacavera said.

He had sold a stake in Kind in 2008 to the private equity firm VMG, only to buy it back in 2014.

Alcoa of Australia has agreed to sell its stake in DBP Transmission, the owner and operator of the Dampier to Bunbury Natural Gas Pipeline (DBNGP), to DUET Group for $ 205 million.

O2 Czech Republic is not, incidentally, part of Telefonica these days (the Spanish carrier group sold its stake to financial group PFF a couple years back).

The company has been a fancy of activist investors such as Pershing Square's William Ackman, who sold the stake after spending 18 months trying to repair the company and suffering more than $ 3 billion in losses.

The government, which owns 13.5 percent of Nordea's shares, has been clear it wants to sell its stake and has a mandate from the parliament.

CNBC's Jackie DeAngelis reports on Saudi Arabia's plans to sell a stake in Saudi Aramco, the world's largest publicly - traded firm.

I learned that United Franchise Group, the parent company for Signarama, appreciates the fact that eventually owners will eventually want to sell their stake in their franchise and so has a process for when that time comes.

Wilson's choices include partnering with a private equity firm in a buyout of the company, launching a proxy battle to gain additional board seats, or selling his stake, The Wall Street Journal reports.

In some states, LLC members may not sell their stake without the consent of other members.

With SoftBank «s founder Masayoshi Son reluctant to sell stakes in investments seen as having large upside potential such as Alibaba, listing the telecoms business could provide a place to park some of the conglomerate's large debt burden.

Principal claims Liongate founders Randall Dillard and Jeff Holland, as well as head of research Benjamin Funk, negotiated and then sold their stakes in Liongate in early March 2013 after failing to disclose that they had invested in a Madoff feeder fund.

But uncertainty over the DOJ fine and the pending resolution of other legacy issues has prevented the government from being able to begin selling its stake.

In 2010, his deals to sell his stake in the Los Angeles Lakers and his 125 Starbucks stores netted him about $ 100 million.

Kevin O'Leary, co-founder of O'Leary Funds, explains why founders should seek out royalty deals and loans instead of selling a stake in their company.

Seven years later, he sold his stake in the firm.

I thought they were easing when they were not easing, and I lost money in the Chinese market,» Tepper said, adding that he sold his stake in Chinese e-commerce giant Alibaba in early July.

Separately, Berkshire Hathaway also sold its stake in Synchrony's former parent, GE, in the second quarter.

Activist investor Starboard wants the company to rethink its plans to sell its stake in Chinese ecommerce giant Alibaba.

Will it be one company or will they sell their stake on the open market?

Critics say a big difference between crowdfunding and the stock market is liquidity — you can not just sell your stake.