Sentences with phrase «stake in the company after»

Trema International, which currently owns 69 % of Rovio's shares, will retain a 36.6 % stake in the company after the flotation, assuming that the final offer price falls at the midpoint of the preliminary price range.
Since every share repurchased reduces the number of shares outstanding, buybacks mean that all current shareholders hold a greater stake in the company after the buyback.

Not exact matches

Seattle - based PopCap, meanwhile, was acquired by giant Electronic Arts in 2011 for $ 750 million, and Finland's Supercell, which currently rules the mobile roost with its hit Clash of Clans, last month netted a cool $ 1.5 billion after Japanese telecom provider Softbank purchased a 51 % stake, which values the company at $ 3 billion — or bigger than Zynga.
They do have a stake in your company's future, after all.
Japanese company Nintendo (ntdoy) owns a large stake in the game's publisher, The Pokemon Company, and has seen its stock price surge after the runaway success of Pokecompany Nintendo (ntdoy) owns a large stake in the game's publisher, The Pokemon Company, and has seen its stock price surge after the runaway success of PokeCompany, and has seen its stock price surge after the runaway success of Pokemon Go.
SoftBank has acquired a 15 % stake in Uber, through a combination of direct investment in the ride - hailing company and through buying the shares of existing Uber shareholder, Uber confirmed on Thursday, weeks after announcing that the transaction was underway.
Rox Resources» joint venture partner Teck Australia has voiced concern today with the company's proposed sale of its stake in the Reward zinc - lead project to Marindi Metals, after competing bidder IM Medical said last week an exclusivity agreement had been breached.
Perth - based Transaction Solutions International looks set to increase its network in India after a company it holds a stake in reached an agreement today.
All the Sharks have their own unique network and expertise which they will provide after taking a stake in your company.
Overstock.com briefly surged more than 23 percent after Morgan Stanley Investment Management disclosed an 11.4 percent stake in the company.
He had joined the company's board in 2006 after selling it a controlling stake in CPI.
The two companies previously discussed a merger after billionaire Liberty Media Chairman and Starz shareholder John Malone exchanged part of his Starz holdings for a 3.4 % stake in Lionsgate along with a seat on the studio's board.
The company has been a fancy of activist investors such as Pershing Square's William Ackman, who sold the stake after spending 18 months trying to repair the company and suffering more than $ 3 billion in losses.
The move comes after Wal - Mart reported it increased its stake in the company.
Among the lowlights of the retailer's continuing, soap - operatic slide in 2013: CEO Ron Johnson resigned in April after all of 16 months on the job; the company had to apologize to customers for alienating them with new store concepts; and activist investor Bill Ackman, who stepped down from the board in August, swallowed a $ 470 million loss upon selling his Penney's stake.
The company was also suspending plans to invest in Taiwanese tech firms due to regulatory hurdles, after agreeing to take a stake in Powertech Technology Inc and expressing interest in more cross-strait deals.
Temasek Holdings called on firms it has stakes in not to cross «red line» after a bribery scandal at portfolio company, Keppel Corporation.
Vivendi's defense of its stake in TIM came a day after Italian Industry Minister Carlo Calenda had described the French company as being an «awful» investor in TIM.
COPENHAGEN / LONDON, Dec 13 - Activist hedge fund Primestone Capital on Wednesday urged U.S. cleaning equipment company Tennant and Danish peer Nilfisk to consider merging after building up minority stakes in both firms.
The hedge fund manager, whose Yelp stake was worth about $ 10 million at the end of 2015, has made at least several million dollars in the stock just this week, after telling investors that he believes the company's revenue could double in the next three years.
After all, he rather famously gave up his stake in the company in exchange for a house in Maine when his wife and co-founder divorced him.
Grubhub soars after reporting stronger - than - expected quarterly results and announcing Yum Brands would buy a 3 percent stake in the company.
Michael Dell, who owns nearly 16 per cent stake in the company, will remain the CEO after the sale closes and will contribute his existing stake in Dell to the new company.
Individuals at my company will put stakes in the ground and let ideas evolve after they've been touched and retouched.
As if Nooyi wasn't facing enough pressure, she soon had to contend with a major activist investor: Nelson Peltz, who took a stake in the company and began agitating for PepsiCo to undo its merger of Pepsi and Frito - Lay, just as Kraft (KRFT) had spun off Mondelez after a similar campaign by Peltz.
«Rather than waiting until after your death to leave the company to your adult child — who might have to pay 55 cents in tax on every $ 1 of its value — you want to start transferring a minority stake now, let's say 30 % of the stock.»
After a second round of financing last fall that doubled its stake in the company to $ 400 million, NBC and BuzzFeed started working on a partnership to produce TV - style content — and the first fruits of that partnership are starting to roll out now.
Dangote bought back a majority stake in Dangote Flour Mills — which had grown unprofitable after he sold a large stake to South African food company Tiger Brands three years ago for $ 190 million — in December for just $ 1.
Steven Roth, the chairman and CEO of Vornado Realty Trust, has resigned from J.C. Penney's board, days after the real estate company told investors it planned to sell all of its stake in the struggling department store chain, according to regulatory documents filed Friday.
Steven Roth, the chairman and CEO of Vornado Realty Trust, has resigned from J.C. Penney's board, days after the real estate company told investors it planned to sell all of its stake in the struggling department store chain, according to regulatory...
The angel funding comes four months after the startup raised $ 347,810 (Rs 2.25 crore) from Prasad, who picked 6.54 % stake in the company as part of the transaction, going by VCCEdge, the data research platform of News Corp VCCircle.
However, that value has since dropped after Nintendo informed everyone that it only owns a 32 percent stake in the Pokémon Company, which licensed the game.
The lower stake for Berkshire is «the amount of money we would like to have in Goldman,» Buffett told Bloomberg Television's Betty Liu in an interview yesterday in Omaha, Nebraska, after his company's annual meeting.
Morse was considered the force behind Chinese e-commerce company Alibaba Group and Yahoo's $ 7.6 billion deal over the summer, which saw Yahoo sell about half of its 40 per cent stake in Alibaba after years of wrangling over terms.
Berkshire Hathaway (BRK.A)(BRK.B) is making waves in the New York Stock Exchange (NYSE) this morning after it revealed a 10.8 percent stake in energy company Phillips 66 (PSX) after Friday's close.
Axel Springer already holds a stake of approximately nine percent in the company and, after this purchase, will hold a stake of approximately 97 percent.
Disney might have to divest a cable channel or two (the company's power over distributors would be even stronger; basically the opposite of the some of the concerns that halted the Comcast acquisition of Time Warner), and potentially be limited in its ability to make operational decisions about Hulu (Disney would have a controlling stake after the merger; Comcast was similarly restricted after acquiring NBC Universal, but there the concern was more about Comcast's conflict of interest with regards to its cable TV business competing with Hulu).
On the upside, Whitbread PLC shares WTB, -0.73 % jumped 7.2 % after Elliott Management said in a statement over the weekend that it has amassed a stake of more than 6 % in Britain's biggest hotel and coffee - shop operator and believes it's currently the largest investor in the company, whose businesses include the Premier Inn chain.
The Venezuela state oil company PDVSA, which has borrowed more than $ 6bn from Kremlin - controlled Rosneft, caused consternation in Washington last year after putting up a 49.9 percent stake in its US - based refining subsidiary, Citgo, as collateral against a portion of the loan.
The media magnate will inject $ 1.2 bln for a 40 pct stake in troubled radio company iHeartMedia after it goes bankrupt.
After the close of the deal, Yahoo shareholders will still own shares in what is left of the company, essentially an investment fund with two holdings: a 15 percent stake, worth about $ 32 billion based on its recent share price, in the Chinese internet company Alibaba; and a 35.5 percent stake, worth about $ 8.7 billion, in Yahoo Japan.
** Chemical maker Ashland Inc said it was considering selling its water technologies unit, months after hedge fund Jana Partners picked up a stake in the company and said its stock was undervalued.
Former Credit Suisse banker James Dunphy and pal Michael Rhodes started a campaign against the Company in March 2016, after they considered prior engagement attempts to have failed, arguing that the typically conservative Spark did not follow its acquisition strategy and lost discipline in purchasing the TransGrid stake.
But the company shelved its plans after liquor producer Constellation Brands bought a 10 percent stake in Canopy, according to a video of the speech posted on the club's website.
that Dorfman, who bought a majority stake in The Office Group when he joined the company, will remain on the executive board after the Blackstone purchase has completed alongside Green and Olsen.
Japanese internet and solar company SoftBank Group Corp. is raising its stake in Sprint Corp. after merger talks with T - Mobile collapsed, signaling its commitment to a turnaround at the U.S. wireless carrier.
Benchmark Capital is under pressure from some to decrease their ownership stake in the embattled company, particularly after it revealed an unusual lawsuit last week against Uber's former CEO Travis Kalanick.
Not long after, Prokhorov sold his stake in a $ 2 billion Russian fertilizer company and put his $ 900 million stake in aluminum giant Rusal on the market.
Smith agitated for change at AOL in 2012 after he acquired a 5.3 percent stake in that company and mounted an unsuccessful campaign to win three board seats.
The former chief executive of infant formula marketer Bellamy's Australia is shifting her sights to quince paste, ice cream, pate and beyond after becoming managing director of the ASX - listed company that owns a 48 per cent stake in Maggie Beer Products.
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