Sentences with phrase «significant stake in the company»

Automotive Holdings Group's founding shareholders have sold a significant stake in the company to Brisbane - headquartered dealership group AP Eagers.

At one point, Doctor said there were plans to have Patrick Soon - Shiong — a billionaire who invested in Tronc earlier this year in return for a significant stake in the company — acquire the Los Angeles Times and let Gannett acquire the rest of the company, including the Chicago Tribune.

Commenting further, Executive Chairman Hernan Zaballa observed: «AbraPlata operates with low overheads and with a small team of highly dedicated professionals, all of whom have a significant stake in the Company.

-- Holding period — In an IPO, the PE firm must retain a significant stake in the company, which would prolong the holding period for an investment.

Do not delegate your accounts payable oversight to someone without a significant stake in your company.

As such, at its 2016 meeting, shareholders will have to decide whether shareholders with a less significant stake in the company should have the ability to propose significant changes to Chesapeake Lodging Trust's bylaws.

Looking back, Steve Jobs and Bill Gates are the two most successful founders discussed above, and they had the most significant stakes in their companies at the time they left.

i) Other Activist Investors: Any other fund (or family office, or investor) who might be interested in building a significant stake in the company, and becoming more actively involved (publicly, or privately) in unlocking Argo's intrinsic value for shareholders.

This purchase of a significant stake in the company comes just two weeks after a profit warning.

Not exact matches

Pony Ma's company, Tencent, has moved with the stealth of its founder this year, making a series of investments in Western companies that are significant, but not splashy: A 5 percent stake in Tesla, a 10 percent stake in Snap, an investment in Essential Products, and now, reportedly, a 10 percent stock swap with Spotify.

Billionaire philanthropist and entrepreneur Laurene Powell Jobs has submitted an offer to buy a significant stake in Monumental Sports & Entertainment, one of the largest sports and entertainment companies in the U.S.

Chinese conglomerate HNA Group has cut its stake in Deutsche Bank to around 8.8 percent, but plans to remain a «significant» investor in the German lender, the asset management company that handles the stake said.

The company is already a significant lithium producer thanks to its 13.8 % stake in Mt Marion, which generated a profit for Neometals of $ 7.35 million in the half year ending on the 31st of December 2017.

Private equity firm Berkshire Partners LLC said on Wednesday it would acquire a significant minority stake in Kendra Scott Design Inc, in a deal that sources said values the Austin, Texas - based jewelry company at more than $ 1 billion.

Earlier this month, Icahn Enterprises bought auto - parts manufacturer Federal Mogul, a company, like Herbalife, that Icahn already had a significant stake in.

«One is that investors who might otherwise be interested only in outright purchases of a company or in buying only majority equity stakes are now willing to consider deals where they invest in significant minority stakes instead.

LONDON, Sept 6 (Reuters)- Canadian pension fund Caisse de depot et Placement du Quebec (CDPQ) and private equity fund Ardian entered into exclusive talks to acquire a significant stake in airport ground support firm Alvest, the companies said on Wednesday.

NEW YORK (AP)-- Hedge fund Third Point LLC said Tuesday that it has acquired a significant stake in Dow Chemical and wants the company to spin off its petrochemicals division.

It's an interesting development in the ongoing legal saga between Alphabet and Uber, the ride - hailing company in which it owns a significant stake.

Tusk immediately was gripped with worry — both for the company he has a significant stake in, and for the man he's worked closely with for the past six years.

Today, the company he founded, the Olayan Group, is a blue - chip investor with significant stakes in firms such as Credit Suisse, the U.K.'s National Grid and Coca - Cola.

Tusk said he was immediately gripped with worry — both for the company he has a significant stake in, and for the man he's worked closely with for the past six years.

Through a secondary investment process, the technology investing company is taking a significant minority stake from existing investors in the consumer credit monitoring and financial health startup through a secondary investment process.

Private equity investors were often willing to take noncontrolling stakes in companies, leaving significant stakes for owners, managers and workers.

Brad Garlinghouse, the current CEO of Ripple owning a 6.3 % stake in the company has also churned out hefty profit figures courtesy the significant price movement of XRP tokens.

If SoftBank gains a significant stake in Uber, it could try to pressure the company not to compete as much against SoftBank's other investments abroad.

NBK Capital Equity Partners Fund II is a USD 310 million private equity fund focused on acquiring significant (majority and strategic) stakes in growth companies in the MENA region.

In the case of some family - controlled companies, the expectation for directors to own a significant stake is somewhat more complicated.

Their mandate ranges from growth investments for control of companies to taking minority stakes in businesses with significant prospects for growth.

Schleifer also holds a significant equity stake in the company.

Vanguard CEO William McNabb is making it plain that he wants the many public companies in which the world's second - largest fund management firm owns significant minority stakes to take Vanguard as seriously as they take activist investors.

The transaction, which is subject to customary closing conditions, follows the successful relationship the companies have had for nearly a decade since Bacardi's initial acquisition of a significant minority stake in Patrón in 2008.

The transaction, which is subject to customary closing conditions, follows the relationship the companies have had since Bacardi's initial acquisition of a significant minority stake in Patrón in 2008.

At the same time, Spitzer moved significant ownership stakes at his portion of the planned mix - use tower his company is co-developing in Hudson Yards to his mother and a trust set up for her benefit, according to records.

CANADA JOURNAL - Jan 13 - Beijing Kunlun Tech, which is run by billionaire Zhou Yahui, paid $ 93M for a 60 % controlling stake in the company — a significant sum for what is Grindr's first outside investment.

Going & Stopping The Chrysler Group developed a new four - cylinder engine family with Hyundai and Mitsubishi, two companies in which DaimlerChrysler formerly owned a significant stake.

In January of 2009, the company announced that they had begun negotiations with Fiat in order to sell a significant stake to the Italian organizatioIn January of 2009, the company announced that they had begun negotiations with Fiat in order to sell a significant stake to the Italian organizatioin order to sell a significant stake to the Italian organization.

The median holding period for completed deals is about one year, calculated as running from the date a hedge fund files a Schedule 13D to the date when the fund no longer holds a significant stake in a target company.

* Donoghue, Murphy and Buckley in 2002 founded Discovery Group, a fund manager and M&A advisory that takes significant ownership stakes (up to 20 %) in companies trading at a discount to «fundamental economic value.»

The firm is focused on protecting capital, companies with prudent capital allocation, and investing with management teams that have significant ownership stakes in their respective companies.

In recent months, Mr. Smith has built up a significant stake in MediaNews Group, a publishing company that owns The Denver Post and San Jose Mercury News, as well as The Journal Register, which controls 170 titles, including The New Haven Register and The TrentoniaIn recent months, Mr. Smith has built up a significant stake in MediaNews Group, a publishing company that owns The Denver Post and San Jose Mercury News, as well as The Journal Register, which controls 170 titles, including The New Haven Register and The Trentoniain MediaNews Group, a publishing company that owns The Denver Post and San Jose Mercury News, as well as The Journal Register, which controls 170 titles, including The New Haven Register and The Trentonian.

Recent significant transactions include the acquisition of the Colombian hydro company Isagen, Canary Wharf and Center Parcs in the UK, a major stake in GGP in the U.S. and Australian infrastructure company Babcock & Brown and Asciano port company.

Groat serves as a director of an oil and gas company engaged in fracking, Plains Exploration and Production (PXP), and also has a significant financial stake in the company.

He maintains a significant financial stake in Halliburton, and also has over $ 10,000 invested in BioLargo, a company involved in disposal of fracking wastewater.

And companies like GE and Cisco, who are investing major money in the smart grid and transitioning significant portions of their business to focus on grid technology, have a lot at stake when it comes to consumer trust and national adoption of the smart grid.

When a divorcing couple owns a business or one spouse holds a significant ownership stake in a company, the division of marital property becomes far more complex.

He was named a 2017 Law360 «Rising Star» for Class Actions in recognition of his work defending some of the world's leading companies in significant and high - stakes class action litigation.

Significant matters / transactions include: Advised Xstrata South Africa (Proprietary) Limited on its offer to purchase Lonmin plc's entire issued share capital, # 5 billion Advised Telkom SA Limited on its unbundling of a 35 % stake in Vodacom Group (Proprietary) Limited, R35 billion Advised Edgars Consolidated Stores Limited on its acquisition by Bain Capital, R25, 5 billion Advised The Standard Bank of South Africa Limited and FirstRand Bank Limited (acting through its Rand Merchant Bank division) on the introduction of BEE equity participation in Sasol Limited and their arranging financing therefore, R25, 4 billion Advised FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Nedbank Limited (acting through its Nedbank Capital division) as lenders to Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited, R19 billion Advised Citibank N.A. on a bridge loan granted to Turquoise Moon Trading 427 (Proprietary) Limited by Citibank N.A. and JP Morgan Chase, R10 billion Advised British American Tobacco plc on its secondary listing on the JSE, R550 billion Advised Pioneer Foods Limited on its listing on the JSE Securities Exchange, R6 billion Advised the South African National Roads Agency Limited in respect of the Gauteng Freeway Improvement Project involving the construction and upgrade of the Gauteng freeway and the procurement of an open road tolling system, R44 billion Advised Absa Bank Limited (acting though its Absa Capital division), FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Vunani Capital (as co-lead arrangers) and the South Africa National Roads Agency Limited (as issuer) on the establishment of its South African Guaranteed Domestic Medium Term Note Programme and the subsequent issue of notes thereunder, R32 billion Advised Shoprite Checkers (Proprietary) Limited on the proposed Brait Private Equity private equity buy - out (this did not proceed), R12 billion Advised Reclamation Holdings (Proprietary) Limited and various shareholders on the acquisition by Capitalworks Private Equity SP GP (Proprietary) Limited and Old Mutual Life Assurance Company South Africa Limited of a 20 % equity stake in Reclamation Holdings (Proprietary) Limited from various shareholders, R511 million Clients include: Multinationals, listed companies, financial institutions, entrepreneurs and Government

CFO Krause told Business Insider that a «significant» automaker has expressed interest in possibly acquiring a stake in the company, but didn't offer any further comment.

Pan-African entertainment company Kwesé acquired a significant stake in Malaysia - based entertainment services firm iflix Africa to strengthen its streaming service in sub-Saharan Africa, while Kenyan mobile operator Safaricom continued its rollout of value added products with the launch of music service Songa.