Sentences with phrase «stake in the company from»

He also upped his stake in the company from 4 million to around 4.7 million shares.

The Eagle Boy's largest shareholder is Brisbane - based private equity firm NBC Capital, which acquired an 85 per cent stake in the company from founder Tom Potter in 2007.

Not exact matches

• Vitruvian Partners agreed to acquire a minority stake in Bitdefender, a Bucharest, Romania - based cybersecurity tech company, from Axxess Capital.

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.

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.

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.

Tencent president Martin Lau sold 1 million of his shares in the company, reducing his stake to 0.48 percent from 0.49 percent.

From a purely financial point of view, there may have been companies and investors who were willing to buy a stake in Gawker before Peter Thiel's involvement became public on the assumption that it might win the Hogan case on appeal or that damages might be reduced.

The company has already put at least $ 850 million toward debt reduction from the sale of a gold mine in Australia, and a portion of its stake in the Porgera mine in Papua New Guinea to Chinese company Zijin Mining Group.

But Area 51's approach will differ from that of other prominent incubators, like Y Combinator, where startups trade a stake in their company's equity for a modern workspace and mentorship.

• Pandion Energy, a portfolio company of Kerogen Capital, agreed to buy a 10 % stake in two North Sea fields from Norwegian oil firm Aker BP, Reuters reports.

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.

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.

And in some cases, when billionaire investors are acquiring massive multiple - quarter stakes in companies, they are granted exemptions from the Securities and Exchange Commission from including those bets in the most recent 13F.

In February, Reuters reported that Chobani rejected an offer from investors including PepsiCo to buy a majority stake in the company, because «independence remained a key asset to the company and the brand.&raquIn February, Reuters reported that Chobani rejected an offer from investors including PepsiCo to buy a majority stake in the company, because «independence remained a key asset to the company and the brand.&raquin the company, because «independence remained a key asset to the company and the brand.»

In 1995, the pension plan had co-funded the McCains» takeover bid for Maple Leaf Foods from British company Hillsdown PLC, and held a 35 % stake since then.

Icahn owns an 82 % stake in CVR Energy, which along with other refining companies, has called for changes to the Renewable Fuel Program to shift the burden of blending biofuels into gasoline away from refiners and further down stream to marketers.

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 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.

But now, just about two years later, and with Einhorn's stake in the company 40 % larger (excluding call options), shares of GM are 3.5 % lower from when Einhorn first initiated his most recent stake.

Back in September 2007, for instance, Blackstone took a $ 3 billion investment from the China Investment Corp. in exchange for a 10 % stake, valuing the company at $ 30 billion shortly before Blackstone listed shares on the public market.

First, there's the money: Lin will reportedly get from this deal an equity stake in the company.

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.

Last year, Vice took a majority stake in U.K. production studio Pulse Films and the company said earlier this year that Viceland had ordered six episodes of a scripted comedy series from actor James Van Der Beek and musician / DJ Diplo, called What Would Diplo Do?

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.

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.

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.

Petronas is the lead partner in the LNG terminal, with companies from China, Japan, India and Brunei holding minority stakes.

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 %.

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.

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.

Much of Yahoo's value, however, is derived from its stake in the Chinese e-commerce company Alibaba.

Though different in circumstances, the situation Wilson faces resembles that of embattled American Apparel founder Dov Charney, who was removed from his company last week but maintains a 27 percent ownership stake.

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.

If it chooses a reverse spin, the company would effectively separate its core assets from its stake in Chinese e-commerce giant Alibaba.

Other Roles: As CEO of the conglomerate Berkshire - Hathaway Inc., the «Oracle of Omaha» controls stakes in dozens of companies, from American Express to Dairy Queen to Fruit of the Loom.

ZURICH, April 30 - Nestle's Purina PetCare division has acquired a majority stake in Tails.com, a British tailor - made dog food company, from venture capital group Draper Esprit, the partners said on Monday.

Catenas now owns an equity stake (from 10 % to 49 %) in each of the member companies, and each of the member companies owns a 5 % stake in Catenas.

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.

The growing opposition from major shareholders could be a big problem for Dell because in order for the company to go private, he needs the approval of the majority of shareholders, excluding his stake in the company.

Hoke's personal stake in the company comes from her own rise and fall: She had been a successful venture capitalist but several years ago, she lost her job and had to start over.

Despite the new image, shells still draw criticism from some financial advisers who argue that the deals are overly generous to investment banks and SPAC management teams, which typically walk away with a 10 percent stake in the newly merged company, along with bonuses and board seats.

He founded Kingdom Holding Co. in 1980 and has since invested in everything from real estate to entertainment to education, with stakes in companies like Twitter, The Four Seasons, Time Warner, and Motorola.

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.

Charney also lashed out at Standard General, the hedge fund that loaned him the capital to boost his stake in American Apparel from 27 percent to 43 percent on the promise (Charney claims) that they would help him reclaim a leadership position within the company.

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.

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...