Sentences with phrase «stake for chinese»

Its also a reminder of how much more is at stake for Chinese companies.

Not exact matches

Qatar's sovereign wealth fund, for instance, took a 49 % stake in a Pakistan power plant project, while the Chinese builder Power Construction took the other 51 %.

And it's not only daredevils and cat lovers taking notice: Chinese electronics giant Foxconn acquired an 8.88 percent stake in GoPro in late 2012 for $ 200 million, and the firm filed for an IPO this February.

• PAG agreed to acquire the collective stakes from the three founders of Chinese industrial gas company Yingde Gases (SEHK: 2168) for $ 616 million, according to Reuters.

Westport could also see benefits from its 35 % stake in Weichai Westport Inc., which makes engines for the Chinese market.

«This has historically been part of the Saudi playbook and the recent reported interest in acquiring stakes in Chinese refineries is a strategic move that would guarantee the Kingdom a seat at the table in the preeminent region for demand growth.»

Tencent has agreed to acquire an 11.3 % stake in listed Chinese mapping company NavInfo for approximately $ 187 million.

In a recent Harris Decima survey, 71 % of respondents felt it was a bad thing for Chinese interests to buy a majority stake in a Canadian - owned company.

Eight years ago Buffett invested $ 232 million for a nearly 10 % stake in BYD (Build Your Dreams), a Chinese company that makes lithium - ion batteries and electric cars.

Tesla said on Tuesday that Chinese tech giant Tencent Holdings has invested $ 1.78 billion in the electric carmaker for a 5 % stake.

The proposed tariffs, which targeted 1,300 Chinese products, including industrial robots and telecommunications equipment, dramatically raised the stakes in Trump's effort to punish China for alleged theft of American technology.

Scotiabank's purchase of a 19.9 % stake in the Bank of Guangzhou, which is run by the Chinese government, for about $ 719 million, has been held up for a year.

WeWork will be responsible for its Chinese arm's management and operations, while SoftBank and Hony Capital will own a minority stake.

A sale of Yahoo's internet assets would leave the company just owning a 35.5 percent stake in Yahoo Japan Corp., as well as a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd., which accounts for most of its value.

A sale of Yahoo's Internet assets for cash, followed by a divestment of its 35.5 % stake in Yahoo Japan, would leave the company owning just its 15 % stake in Chinese e-commerce company Alibaba Group (baba).

In October 2017, CK Asset Holdings sold 75 % stake in Hong Kong office tower, The Center to a Chinese - led group for $ 5.15 billion.

They also persuaded the government to let foreign investors, for the first time, take stakes in a Chinese airline.

Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.

Another big shareholder of the microblog service is Chinese e-commerce giant Alibaba Group, which invested $ 586 million for an 18 % stake in Weibo one year earlier.

But other top executives have recently departed for other opportunities, including Kathy Savitt, the architect of the video strategy that Ms. Mayer has now dropped, and Jackie Reses, who led the company's acquisitions and managed its relationship with Alibaba, the Chinese e-commerce company in which Yahoo holds a 15 percent stake.

Smith wrote a letter to Mayer and Yahoo chairman Maynard Webb earlier this month and asked for the company to try and sell off its core search and display advertising assets instead of spinning off its stake in Chinese online retailer Alibaba (BABA).

As U.S. Trade Representative Robert E. Lighthizer, Treasury Secretary Steven Mnuchin and other officials head to Beijing this week for high - stakes trade talks with Chinese counterparts, they seek to correct an economic relationship with China that has become increasingly unbalanced — and, over the long term, dangerous — for the United States and other nations.

Alibaba Group said Monday it will invest HK$ 22.4 billion ($ 2.88 billion) for a 36.16 % stake in Sun Art Retail and provide technical guidance to the Chinese hypermarket operator as it digitizes its operations.

The Chinese conglomerate's $ 6.4 bln stake in U.S. hotelier Hilton is now up for sale.

The Web search and media company said earlier this month the IRS had denied its request for a private letter ruling on whether the spinoff of its stake in the Chinese e-commerce giant would be considered tax free.

Chinese chicken meat producer Fujian Sunner Development (Sunner) has signed an agreement with global investment firm KKR, where the latter will invest approximately $ 400m for an 18 % stake in Sunner.

A group of Chinese investors are set to launch a # 2.51 billion bid for a stake in Manchester United and have already made contact with the Red Devils, claim reports in the Metro.

In 2016, the Chinese holding company Suning Holdings acquired the majority stake of the Italian club for around $ 270 million.

The Chinese firm will pay 33 million euros (# 29.25 million) for a majority stake in loss - making luxury textiles maker and make a mandatory takeover offer to other shareholders.

SHANGHAI, China — Following a report on BoF in January of Shandong Ruyi Group's emergence as a leading bidder for Bally, the Chinese textile producer has signed definitive agreements to buy a majority stake in the Swiss luxury brand for an undisclosed sum.

The Chinese clothing giant, which owns SMCP and Trinity, has bought a majority stake in Swiss luxury brand Bally for an undisclosed sum.

In January 2016, Grindr announced that it sold its 60 % stake to a Chinese gaming company, Beijing Kunlun Tech, for $ 93 million

The question now is whether to the two Chinese manufacturers, Youngman and Pang Da, will prove more willing to finalise the deal than they did when previously negotiating for a smaller stake in Saab.

The Chinese buyer bought a 31.6 % stake for ~ $ 72 million and the news article notes that the buyer expects to spend another $ 150 million to buy the whole company.

Although the deal only includes a 2.76 % stake in the Chinese carrier, the investment, subject to regulatory approval, will open up the door to new codeshare routes and create other opportunities for the two airlines to work together, including in sales and airport facilities.

The deal will be for $ 8.6 billion U.S. dollars, and the Chinese internet company will own an 84 percent stake.

For example, two highlight deals in 2016 included the Chinese Geo - Jade Petroleum purchase of Bankers Petroleum, a Canadian based company with oil state contracts and, the sale of the stake of the only airport company in Albania from Deutsche Investitions - und Entwicklungsgesellschaft (DEG), AviAlliance and the Albanian American Enterprise Funds (AAEF) to China Everbright Limited and Friedmann Pacific Asset Management.

The deal has seen Linklaters act for Chinese food giant Bright Foods, which has bought a 60 % stake in Weetabix from owner Lion Capital.

The stakes for Beijing grew as prices of virtual currencies like bitcoin soared, adding to the risk that Chinese investors would continue to speculate and expose themselves to big losses.

Bloomberg reports that there's a $ 350 million offer for 85 percent of the company from Chinese state - owned car maker Dongfeng Motor Corp, and Reuters reports that China's Zhejiang Geely Holding Group (which owns Volvo) has another offer for a majority stake with a deal between $ 200 million and $ 300 million.

Alibaba Invests in Department Store Chinese e-commerce behemoth Alibaba announced that it will pony up US$ 700 million for a minority stake in a Chinese department store operator, marking something of a reverse migration from online to traditional retail.

The Chinese e-commerce giant will pay $ 457 million for the stake as the company's acquisition spree continues.

Starting in 2014, we have formed partnership with the Soong Ching Ling Center for Child Development, a division of China Welfare Institute, to help promote a simpler and deeper way to understand and enhance the quality of early education in the high pressure, high stakes context of Chinese education.

Others are concerned that Chinese investors who didn't bail out of stocks quickly enough will be a drag on international property markets, particularly after Beijing on Thursday banned shareholders with large stakes in listed firms from selling for six months.

On Sept. 1, Legend Holdings Corp., the Chinese company that owns computer maker Lenovo Group, agreed to buy a controlling stake in Banque Internationale a Luxembourg SA, for 1.5 billion euros ($ 1.8 billion).