Sentences with phrase «stake in its business in»

The magic circle firm took a small equity stake in the business in return for its help developing the software last year.

Not exact matches

April 11 (Reuters)- Paulson & Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business, Paulson told Reuters in an interview.
Apache said Thursday it's getting out of the LNG business, with plans to also sell its stake in the Wheatstone project in Australia.
According to a number of recent news reports, German media conglomerate Axel Springer is considering either dramatically increasing its stake in or acquiring all of Business Insider, the scrappy upstart news operation co-founded by former Wall Street analyst Henry Blodget.
Despite all that, short - term profitability isn't why Axel Springer would be interested in buying Business Insider (a company in which it already has a small stake, since it participated in the financing round earlier this year that valued the company at $ 200 million).
German media giant Axel Springer is acquiring a controlling stake in media startup Business Insider for $ 343 million, which values the New York - based company at about $ 450 million.
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.
-- Springer is actually only buying 88 % of Business Insider, because it already owned a 9 % stake as a result of an investment round in January (which valued the company at less than half what Springer is now paying).
Unfortunately, friends can fall out, especially in a stressful business environment where significant sums of money could be at stake.
April 11 - Paulson & Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business, Paulson told Reuters in an interview.
If in doubt about which grants your business is eligible for, it is worth taking advice from an organization such as Business Link, or even paying a consultant to guide you through the entire process if there is a large sum of money abusiness is eligible for, it is worth taking advice from an organization such as Business Link, or even paying a consultant to guide you through the entire process if there is a large sum of money aBusiness Link, or even paying a consultant to guide you through the entire process if there is a large sum of money at stake.
Laliberté stepped away from the day - to - day of the business in 2008, and in 2015 he sold his majority stake in the company to a group of outside investors, including Caisse de dépôt et placement du Québec.
Lukas has inherited his father's savvy business sense, buying and selling stakes in countless resource companies over the years.
Indeed, the stakes are very high in the world of small business when it comes to employee recruitment and management.
But the company is only considering an IPO of minority stakes in some of its services businesses, rather than the main holding company.
After all, doesn't everybody in a business have a stake in winning — in making money and growing?
Verizon is not especially interested in Yahoo's massive stakes in Alibaba and Yahoo Japan Corp, which are worth far more than its core internet business, the sources said.
The deal comes not long after Bell teamed up with Rogers (which owns Canadian Business) to buy a majority stake in Maple Leaf Sports and Entertainment for $ 1.32 billion, largely as a play for valuable sports programming.
It may surprise some to learn that he ultimately decided not to take the $ 460,000 that he was offered, as he didn't want to give up a 50 percent stake in his business.
With an early success on its hands, Econet is staking much of its future growth in Zimbabwe — and other African countries in which it does business including Nigeria, South Africa, and Botswana — on non-voice revenues that come from programs like EcoCash.
The famed investor applied to the Federal Reserve on Friday to increase his firm's stake in Wells Fargo above 10 %, according to a filing obtained by Business Insider.
Singtel has assembled a portfolio of stakes in regional mobile firms outside its small home market, and overseas businesses now account for about 75 percent of its core earnings.
If Bitcoin, in its evolution, acquires more compelling utility — making cross-border payments cheap and fast, for example, or enabling «smart» contracts that encode business relationships and automatically disburse payments — those who own stakes in the finite currency could find other would - be users, possibly even deep - pocketed corporations, clamoring to buy from them.
She did it in part by selling off a 7.8 % stake in TV broadcaster Mediaset and replacing the CEO of the group's core business, Mondadori, Italy's leading book and magazine publisher, where she is pushing an aggressive digital transformation.
An example of an investment might be a minority stake in a family - owned business.
Pessina says he turned the business around — then began helping his father's colleagues do the same in return for a small stake in their companies.
The company has come under pressure from outside shareholders to separate its higher - growth assets — notably its stake in Chinese e-commerce company Alibaba Group — from its struggling core search and e-mail businesses, but such a split would be complicated by the fact that it could land the company with a large tax bill.
Baidu — The China - based internet search giant is selling a majority stake in its financial services business for about $ 1.9 billion.
Any or all may have a say in how your business will function and a stake in your business future.
News broke earlier that Boeing was in talks with Embraer — the world's third - largest plane maker — for a 80 to 90 percent stake in a new venture encompassing Embraer's commercial jet business.
Why it's hot: A big selling point for Home Instead Senior Care franchises is the idea that one is purchasing a stake in a gratifying, rewarding business that will give back to others.
Mineral Resources managing director Chris Ellison has sold down a small portion of his stake in the diversified Perth business, netting $ 21.6 million from the transaction.
The founder and chairman of Fortescue Metals Group has reaffirmed his commitment to the iron ore industry by increasing his stake in the business, buying $ 6.9 million worth of shares in an on - market trade.
That's what's at stake for businesses in a case called Spokeo, Inc. vs. Robins, which the high court agreed to hear on Monday.
But slice the data slightly differently, and you'll find an unexpected trend: The group of business owners who are really putting stakes in the ground are women veterans.
In 1973, he lent her $ 1,000 and she started a real estate business, Corcoran - Simone, giving him an equity stake.
It doesn't hurt that Trump has friends with relevant business interests that would benefit from the protection of the status quo, whether those are ownership stakes in steel mills or shopping malls.
Arnaud Lagardere, who has a stake of some 7 percent in Lagardere's share capital, also told the company's annual shareholding meeting on Thursday that Lagardere would re-invest proceeds from recent asset sales back into its core business.
Steve Williams, head of the oldest and biggest operator in the business, gave his answer recently when Suncor Energy bought a further 10 % stake in the Fort Hills oilsands project for $ 310 million from partner Total SA.
China Eastern's $ 440 million 10 % stake in Air France - KLM will help satiate its desire to own equity in major western businesses while further injecting capital into the national airlines of France and the Netherlands.
In a report, founder David Karp says the stakes for proving that Tumblr is a great business are «as high as they've ever been.»
While Kusnher resigned as CEO of the real estate firm when he joined the administration, he still owns a portion of the business, including stakes in the entities that received the loans.
Reading these won't guarantee excellence in ethical decision - making, but they will help you understand what is fundamentally at stake in our ongoing exploration of what behaviour is right, and what behaviour is wrong, in the world of business.
He paid a visit, fell in love, and, in September 1965, bought a 51 % stake in the business.
To stay afloat, Toshiba says it may have to sell a majority stake in its last remaining crown jewel: its flash - memory business.
If the Houston superstar does invest in the NBA franchise, she'll be cultivating a portfolio similar to that of her business mogul husband, Jay Z, who purchased a stake in the Brooklyn Nets in 2004 for a reported $ 1 million.
«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.
After PayPal: «The most connected man in Silicon Valley» co-founded inbox bothering business social network LinkedIn in December 2002, owning a stake now worth an estimated $ 2.39 billion with its IPO in May 2011.
The U.S. technology giant is considering investing at least several billion dollars to take a stake of more than 20 % in a plan that would have Toshiba (tosbf) maintain a partial holding to keep the business under U.S. and Japanese control, NHK reported, citing unidentified sources.
Inc has no stake in the sale of the business featured.
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