Sentences with phrase «special purpose vehicles holds»
Of the 74 per cent, Biyani's flagship Pantaloon Retail directly and via special purpose vehicles holds close to 50 per cent stake, while the Biyani family holds around 25 per cent.
http://www.business-standard.com/ Not exact matches
Prior to the consummation of the Formation Transactions described below, our business was operated through our predecessor limited liability company, SoulCycle Holdings, LLC, or SCH, the only members of which were Equinox Holdings, Inc., or EHI, our founders, Elizabeth P. Cutler and Julie J. Rice and trusts for the benefit of their respective families, and a special purpose vehicle formed to hold equity ownership in SCH on behalf of certain SCH employees.
Apply will hold 70 % of the special purpose vehicle, and will provide a financing framework (owners» loans) under terms and conditions set forth in the agreement «subject to the needs of the activity and business viability.»
Ashley bought the stake through special - purpose vehicle St James» Holdings for # 55m, it was announced yesterday (23 May).
Pearl is a special purpose vehicle which was incorporated to hold the benefit of the contract at the centre of these Proceedings.