Will it be one company or will they sell
their stake on the open market?
Not exact matches
Earlier in the week, Steve Wynn sold 4.1 million shares of stock
on the
open market, making good
on his previously announced plans to reduce his
stake.
However, the shares then recovered sharply just hours later after China's Tencent Holdings said it purchased around 145.78 million non-voting Snap shares
on the
open market, taking its overall
stake past the 10 % threshold that requires formal notification.
Cleaning and catering contractor Spotless Group has put an end to the debate about major shareholder Pacific Equity Partners»
stake, saying the private equity firm is free to sell 104 million shares when the
market opens on November 28.
If like me you like to have a little fun with the
markets when they
open, try to work out a number of potential movers across Europe and work out what sort of return that you can get from sticking a small
stake on it.»
But only a few weeks later, Lotus's future was thrown into turmoil when the Malaysian Government sold its 42.7 per cent
stake in Proton to a large Malaysian industrial conglomerate (DRB - Hicom), which then bought a further seven per cent of Proton's shares
on the
open market.