Sentences with phrase «selling stakes in»

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.

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.

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.

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

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.

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.

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.

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

«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.

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.

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.

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.

This followed news that French media group Lagardere is considering selling its stake in its Relay stores business.

• Foresight Group sold its stake in ICA Digital, a U.K. - based managed print services business.

According to the LA Times, one of the sticking points in the discussions between Dauman and the Redstones is whether Viacom will decide to sell a stake in its Paramount movie studio.

Newspapers are finding that paywalls may not be a long - term strategy (which doesn't seem to have stopped magazine publishers like Time Inc., which owns Fortune, from continuing to try), and so they either have to go broad and mass like The Daily Mail or find another monetization strategy like The Guardian, which has a trust fund that was generated by selling its stake in Auto Trader for $ 1 billion or so.

• Caltius Equity Partners sold its stake in MC Sign, LLC, a Mentor, Ohio - based provider of signage, lighting, and maintenance services, to Arcapita Investment Management US Inc, for $ 100 million.

But there have been rumors that Schafer was looking to sell a stake in The Onion and its related assets, such as the video site The AV Club.

Disney is also apparently looking to sell its stake in the channel, which media insiders say will likely be acquired by Univision itself.

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.

James Packer's Crown Resorts sold its stake in corporate bookmaker CrownBet to The Stars Group, capping a three - month search for a buyer.

A simmering dispute between Dauman and Redstone, who has so far successfully fought off legal claims about his competency, broke into public view last week when he fired Dauman and Abrams from the trust and told Viacom executives he opposed the company's plan to sell a stake in the Paramount Pictures division.

Those who own their home outright could sell a stake in their home for cash.

Mr. Soros, who declined to comment, sold his stake in 2011.

He sold his stake in 2011.

[4] Peter Spiegel, «Greek assets could go to «fund of experts»,» Financial Times, May 24, 2011, Dimitris Kontogiannis, Kerin Hope and Joshua Chaffin, «Greece to sell stakes in state - owned groups,» Financial Times, May 24, 2011, and Alkman Granitsas, «Greece Speeds Up Plans to Sell Off State - Held Assets,» Wall Street Journal, May 24, 2011.

In December, Uber sold a stake in itself to Baidu and began working to offer its service directly on Baidu's popular maps application.

His outlook for the company is wonderful, so he is only willing to sell you his stake in the company at a premium.

Chaddah went on to say that he will stay on at the company till March 31, but did not mention if he would be selling his stake in Zomato.

HNA in March also sold its stake in Hilton's two spinoffs, Hilton Grand Vacations and Park Hotels & Resorts.

CrownBet is set to lose its brand later this year after Crown Resorts sold its stake in the business, though it could resurrect the Sportingbet brand that William Hill purchased in 2013 as a part of a series of transactions that cost it $ 700 million to then enter the Australian market.

NEW YORK (AP)-- Yum Brands says it will sell a stake in its China unit, which the parent company of KFC and Pizza Hut is spinning off later this year.

One person helping champion this is the minister for information, communications, and technology, Joe Mucheru — a former Google executive who recently sold his stake in the bitcoin - dealing firm BitPesa.

NEW YORK CITY — Winthrop Realty Liquidating Trust has sold its stake in 701 Seventh Avenue, also known as 20 Times Square, to Maefield Development for $ 1.53 billion.

U.S. private - equity firm TPG said on Oct. 13 it had sold its stake in Myanmar Distillery, the country's largest spirits company, to Thai Beverage, the beer and spirits firm run by Thai magnate Charoen Sirivadhanabhakdi.

In November 2012, HSBC announced that it would be selling its stake in China's Ping An Insurance to Thailand's CP Group for $ 9.4 billion.