Sentences with phrase «stake in the company as»

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.
The Spring Valley pair are being hit with charges for allegedly taking bribes on sales of village property and asking for a stake in a company as conditions in a deal.

Not exact matches

''... Because we can't hold public stock as a fund, it's sort of a bummer for me when the company goes public, because then it moves on to someone else's plate and we don't hold the stake in it.»
The company received $ 3 billion from China in 2007 for a 10 percent stake in the company that had $ 368 billion under management as of the end of March.
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.
According to data from Sentieo, nearly 75 % of publicly traded companies with some stake in the marijuana industry deemed Trump's election important enough to mention it as a risk factor to their shareholders.
Rumours of Verizon's entry into Canada recently subsided with the company's purchase of Vodafone's 45 % Verizon stake, as well as statements from Verizon's CEO indicating that the company wasn't particularly interested in going north.
That section laid out that a change in accounting rules now required Alphabet to include the change in value of any shares it owned in private companies, such as Uber, in its profits even if just held onto to its stake and didn't buy or sell any more shares.
Among the interests Mnuchin sold were stakes in a Hollywood financing company known as RatPac - Dune, Treasury spokeswoman Molly Meiners said in an email.
«Oddly because we can't hold public stock as a fund, it's sort of a bummer for me when the company goes public, because then it moves on to someone else's plate and we don't hold the stake in it,» he added.
Chinese tech giants are now outright acquiring or taking majority shares in overseas companies, such as Ctrip's (China's leading online travel agency and number two market leader in the world, second only to Priceline) acquisition of the UK's leading travel search site Skyscanner, Tencent's 93 % investment in U.S. - based gaming company Riot Games and 84 % investment in Finland - based gaming company Supercell, and Alibaba's 83 % stake in Southeast Asia's online shopping site Lazada.
Flipkart had vetoed an approach from Amazon for a 51 to 55 percent stake in the company two years ago, a source told Reuters, judging its offered price as far too low at the time.
-- 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).
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.
Larsen personally holds 5.19 billion XRP crypto coins as well as a 17 % stake in the company he cofounded, Forbes reported Tuesday, citing sources close to Ripple.
But as the day's final speaker, he couldn't leave the stage without blowing one more kiss at Ackman: Icahn disclosed that he has now asked his company for permission to take up to a 50 percent stake in Herbalife, the supplement company over which the two have battled so publicly.
While the chief investment officer of Alberta Investment Management Corp. (AIMCo) can buy things most people can't — toll roads, office towers, stakes in private companies — he takes a value approach to buying, just as many retail investors do.
UPS took a stake in Optoro last year, as the company, like FedEx, tries to generate revenue from not only returns but from placing unwanted items in channels where they're most likely to sell.
Ackman's Pershing Square Capital has a 6.2 percent stake in the company — a $ 3.3 billion bet that was worth as of Wednesday afternoon $ 618 million.
Each of these seven companies has a large stake in the phone industry, and following the end of the second quarter, it's a good a time as any to see how 2011 is shaping up for them.
As a neutral observer with no stake in this issue either way, I can't say I particularly care whether Google or Apple is the more influential and important company of the past decade.
(It currently holds stakes in high - profile startups such as quantum computing company D - Wave Systems, energy firm General Fusion and e-commerce enterprise BuildDirect.)
Even before the acquisition, Altman operated and still operates as an active investor, including his early stake in large testing company Optimizely, and has personally taken part in investments in huge companies such as Asana, Patreon and Change.org.
Ma reaped more than $ 800 million selling shares in the company he set up 15 years ago as Alibaba listed on the New York Stock Exchange Friday, based on company filings, with the value of his remaining stake of 7.8 percent surging to more than $ 17 billion by Monday.
Activist fund Corvex Management six months ago built up a stake in the maker of Activia yogurt and Evian water, as European consumer - goods companies come under pressure to boost profit amid slow growth in mainstream brands.
A surge in the value of Bezos's stake in Amazon has allowed the company founder to personally invest in such projects as his $ 250 million purchase of the Washington Post in 2013.
Meanwhile, Baidu, which bought its 80.5 % stake in iQiyi in 2012, has been rumored to be considering spinning off the streaming company in an initial public offering that could raise as much as $ 1 billion.
Leiweke is the former president and CEO of Anschutz Entertainment Group (AEG), the international sports and entertainment company that owns the reigning Stanley Cup champion Los Angeles Kings, the reigning MLS Cup champion Los Angeles Galaxy, a stake in the NBA's Los Angeles Lakers, as well as sport and entertainment facilities such as the Staples Center, the Home Depot Center, the L.A. Live entertainment complex, and other high - profile venues around the world.
With a nearly 16 percent stake in Dell and ties going back three decades to the creation of the company out of his college dorm room, Michael Dell is seen as having much more at stake in the deal going through than Silver Lake, a financial investor that often walks away from deals.
Hedge funds such as Elliott Management Corp and D.E. Shaw are still looking for up to $ 5 billion ($ 5.6 billion) in damages in civil suits against Porsche SE, which is now only a holding company that owns a majority stake in the VW group.
China is reportedly moving to avert a trade war, by speeding up the finalization of new rules that would let foreign financial groups take majority stakes in Chinese securities companies, and by offering to buy more semiconductors from the U.S. as opposed to South Korea and Taiwan.
And, as a side note, as U.S. search and content firm Yahoo looks to unwind its 23 percent ownership stake in Alibaba when Alibaba goes public in September, it could end up competing with Alibaba for companies to acquire as it looks to reinvent itself.
So if he buys up a chunk of your company, take it as a mark of confidence: The sale of CPPIB's stake in auto parts manufacturer Gates Corp. for $ 1.5 billion and its $ 128 - million purchase of 115,000 acres of Saskatchewan farmland are just two recent examples that show no deal is too big or small for the CCPIB head honcho.
Alibaba has purchased the remaining 57 % stake of China food delivery app Ele.me it doesn't already own, bringing the app's valuation up to $ 9.5 b. Tech companies such as Alibaba and Tencent, which has invested billions of dollars in Meituan - Dianping, are eager to cash in on China's growing online food delivery market, which is expected to grow 18 % to 241 billion yuan ($ 38 billion) this year.
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 amid a challenging landscape, Paulson told Reuters in an interview.
To gain approval under the International Entrepreneur Rule, which could go into effect by the end of the year if approved, entrepreneurs would need to show that their startup was founded in the last three years, as well as maintain at least a 15 percent ownership stake in the company.
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.
Berkshire has roughly 90 subsidiaries including Geico car insurance, the BNSF railroad and Dairy Queen ice cream, and has large stakes in companies such as Kraft Heinz, Wells Fargo, Coca - Cola, and IBM.
As it turned out, however, there was a bonus that I discovered during the process of selling a majority stake in the company to Allied Capital, our new private equity partners.
The couple — who has been married since 2008 and have three children — earn their wealth primarily from music producing credits, album sales, live performances, and worldwide tours, as well as stakes in streaming service Tidal, a private jet company, and a luxury champagne brand.
The sale is expected to bring in as much as $ 380 million for the American company, and leave it with a 12 % stake in Sears Canada, down from 51 %.
«Goldilocks Investment Company Ltd has filed legal action today in light of the continuing refusal by Noble Group Ltd to recognize legitimate legal rights of Goldilocks as a shareholder of Noble,» the investment fund, which holds an 8.1 percent stake in Singapore - listed Noble said in a statement.
Kinder Morgan Canada welcomes investment from the country's aboriginals so that they have a stake in its Trans Mountain pipeline expansion, its head said on Wednesday, as the company braces for major obstacles for the project.
And as the Guardian recently reportedly, these concerns are shared by a whole host of lesser known but still hugely influential technologists who, having less financial stake in talking up current realities than tech company bosses, are often even more frank about their worries.
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.
«The best way to think about them is as a private - equity shop operating in the software industry,» says Jeff Mo, a portfolio manager with Calgary's Mawer Investment Management, which has a 12 % stake in the company.
In February, it acquired part of infrastructure services company Carillion Canada, which filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La PressIn February, it acquired part of infrastructure services company Carillion Canada, which filed for bankruptcy protection in January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Pressin January, and in November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Pressin November, it increased its stake in Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Pressin Torstar media company, which holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Pressin The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal's La Presse.
But it's in your best interest to understand what's at stake, help craft an overarching strategy, and stay on top of security initiatives — just as you would with any other major activity in your company.
David Geffen, the third founder of the company, ceased to be listed as a shareholder in 2012, as he didn't have more than 5 % of the company's stock — the threshold at which investors are required to disclose their stake.
Contrafund's tech stake was just over 37 percent as of June 30, and the Growth Company held almost 40 percent in tech.
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