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 Poke
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 Poke
Company, 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.