Sentences with phrase «stake in the company by»

Over the past six months, he's increased his stake in the company by $ 6 million.

Durov and his brother Nikolai Durov, a mathematical genius, were behind the creation of VK, «Russia's Facebook», worth an estimated $ 3 billion, but were effectively forced to sell their stake in the company by oligarch shareholders deeply connected to the Putin - led government.

Durov and his brother Nikolai Durov, a mathematical genius, were behind the creation of VK, «Russia's Facebook», worth an estimated $ 3 billion, but were effectively forced to sell their stake in the company by oligarch shareholders deeply connected to the Putin - led government.

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.

MONTREAL, April 25 - Airbus SE and Bombardier aim to close a deal giving the European planemaker a majority stake in the Canadian company's CSeries jetliner program by the end of May, ahead of an initial timetable, two people familiar with the matter told Reuters this week.

Where big corporations generally have layers and layers of corporate bureaucracy to wade through, not to mention the livelihoods of thousands of employees in their hands, and many stock and stake holders to answer to, smaller companies have always had the advantage of being able to pivot fast by making quick decisions.

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.

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.

• A consortium led by French billionaire Xavier Niel agreed to buy a majority stake in telecommunications company Eir.

What probably will make a difference is whether the board — which last fall paid out a $ 300 million special dividend to shareholders — accepts the offer by Arthur T. Demoulas to acquire the 50.5 percent stake in the $ 4.6 billion company now controlled by his cousin Arthur S. Demoulas and other family members.

By the company's name, you can probably guess iDoneThis might have a stake in advocating the idea, but the book makes a compelling case for why a done list beats a to - do list any day.

In 2013, only 3.6 percent of households headed by adults younger than 30 owned stakes in private companies — a 24 - year loIn 2013, only 3.6 percent of households headed by adults younger than 30 owned stakes in private companies — a 24 - year loin private companies — a 24 - year low.

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.

The settlement doesn't cover claims by Steve Wynn's ex-wife, Elaine Wynn, who has been trying to get out from under a 2010 stockholder agreement that ties her up 10 percent stake in the company.

The survey asked «If a company, bank or investment fund controlled by a foreign government were trying to buy a controlling stake in a major Canadian company, how would you feel if the foreign government were...?»

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.

U.S. officials blocked a $ 2.9 - billion bid by Chinese investors to buy a controlling stake in a California - based unit of Dutch electronics firm Phillips last year, while another U.S. semiconductor firm rejected a lucrative offer from Chinese investors in favour of a lower bid from an American company because of concerns the deal would not win regulatory approval.

Viacom announced new rebranding efforts on Thursday morning that will see the struggling company focus its efforts on six flagship brands — which include Paramount, the studio acquired more than two decades ago by media mogul Sumner Redstone, whose family owns the controlling stake in Viacom and CBS.

That increases the shares outstanding and dilutes the stake of existing shareholders, since shares issued by the company through the exercise of options are not sold in exchange for cash at fair market value but are exercised at a discount.

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.

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 figures provided by the company imply that the five investors collectively acquired roughly a 27 percent stake in Mobileye.

«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.

Jubilee is the main project within the company's Mt Frosty JV managed by Hammer, where it retains a 51 % stake in partnership with MIM / Glencore who holds the remaining 49 %.

The lenders want the stake to be sold for top dollar but fear it will be sold for less than that to McClendon's wife, Kathleen, because she is family, said a lawyer representing a syndicate of banks led by Wilmington Trust that loaned $ 465 million to a company McClendon founded in 2013, American Energy Partners LP (AEP).

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.

Co-founder and CEO Eli Pariser, whose site first staked a reputation for re-packaging liberal stories, says the move to partner with a traditional network (and MSNBC in particular) is one that makes sense for both companies: «We had a meeting with NBCU and realized that we were thinking about a bunch of the same things, and that it would be fun to collaborate on a project,» he says, by «bringing together what we learned from curating a lot of video for purpose - driven millennials, and what they know about visual video storytelling,» he tells Inc. exclusively.

Fan also pointed out that Verizon Wireless can not invest outside of the continental U.S. due to a shareholder agreement with British telecom company Vodafone (which owns a 45 per cent stake in Verizon Wireless), and that it would be unlikely that any wireless investment by Verizon Communications Inc. would occur outside of Verizon Wireless.

By the time Warren Buffett's Berkshire Hathaway revealed a stake in the company roughly nine years later, Apple was considerably pricier, about $ 109 a share.

They also detailed how President Donald Trump's trade chief, Wilbur Ross, has a stake in a company that does business with a gas producer partly - owned by Vladimir Putin's son - in - law.

Their move follows an activist campaign by hedge fund Starboard Value LP, which is pushing Yahoo to consider a deal with AOL and unlock Yahoo's valuable stakes in Asian Web companies.

By the time he left the company in 2007, he held a 1 percent stake in a $ 100 million company.

The acquisition makes Essence Communications a 100 percent black - owned company, led by a black female executive team who now have an ownership stake in the brand.

He had only just learned something was awry when, as an investor in three of Concrete's buildings, he had received proxy forms asking him to sign over his stakes to a company called Strategic Group in return for unsecured debentures, a kind of IOU not backed by real collateral, promising to pay him 6 % a year.

Activists use their ownership stakes in public companies to pressure them to change in order to boost returns — whether by restructuring their businesses, shaking up management, or even putting themselves up for sale.

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.

By next month, the company could be valued between $ 18 and $ 22 billion, and if the stock price ends up being $ 16, Spiegel will have a $ 4.22 billion stake in the company, while Murphy's will be $ 3.63 billion.

The billionaire businessman's empire of phone, construction and banking companies often expands by buying stakes in small companies.

Yahoo! Finance senior columnist Michael Santoli, discusses news GoPro founders broke the lockup restriction by gifting 5.8 million shares from their personal stake in the company to their foundation.

They contend that its open policies prove the benefits of experimenting with data and using information to establish a «direct relationship between an individual's decisions and their impact on the business» — something the grocery chain accomplishes by giving each employee high - level access to the company's financial data, and therefore a greater stake in the business.

Ever since Dell, who has a 16 percent stake in the company, earlier this year made it known he wanted to take the company private he has faced shareholder backlash spurred by the price of the buyout.

By the end of the company, the owners don't even have a high enough stake in their business to stay motivated.

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).

An Orange spokesperson told Reuters on Wednesday that the company denies a recent unsourced report by French magazine Challenges that Orange had reached a deal with Vivendi that would include Orange buying a stake in Telecom Italia — the Rome - based telecom in which Vivendi has a 24.9 % stake — and buying up to 20 % of the film and television production studio Canal Plus Group.

But by only purchasing a minority stake in SoundCloud, rather than acquiring the company entirely, the worst case scenario for Twitter will be if the investment turns out to be a distraction.

It went from being owned and run by a second - time entrepreneur to a limited partnership that brought U.S. retail experience to the table — private equity funds Advent International and Highland Capital Partners acquired a 48 % stake from Wilson in 2005 — and finally a public listing that has enabled the company to accelerate the pace of expansion.

The financial sector changes were later confirmed by Yi Gang, the newly appointed head of China's central bank, who said foreign investors would be allowed to hold up to a 51 per cent equity stake in brokerage firms, futures companies and fund management firms.

Fidelity, which bought Zenefits shares in the May investment round, marked down the value of its stake by 48 % as of the end of September, according to data from the investment research company Morningstar.

The deal sees Carlyle take both CHAMP's 80 per cent stake in Accolade and the remaining 20 per cent owned by US liquor company Constellation Wines.