Sentences with phrase «stake purchase in»

French wine firm AdVini has upped its presence in South Africa with a major stake purchase in the country's Stellenbosch Vineyards.
AdVini snaps up majority share in Stellenbosch Vineyards French wine firm AdVini has upped its presence in South Africa with a major stake purchase in the country's Stellenbosch Vineyards.

Not exact matches

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.
In a complex deal, Fuji Xerox would buy back Fujifilm's 75 percent stake in their joint venture before Fujifilm would then purchase 50.1 percent of new Xerox shareIn a complex deal, Fuji Xerox would buy back Fujifilm's 75 percent stake in their joint venture before Fujifilm would then purchase 50.1 percent of new Xerox sharein their joint venture before Fujifilm would then purchase 50.1 percent of new Xerox shares.
Constellation Brands, the owner of Corona and a large number of wine and spirits labels, purchased a 9.9 per cent stake in Canopy Growth Corp. for $ 245 million this week.
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.
Things became especially fraught when negotiating the purchase of Taillefer's stake in the company.
The purchase of the stake means Starboard will become the second activist investor within months to push for a change in strategy.
Since then, starting with its 2001 purchase of a 51 % stake in independent U.S. ad agency Crispin Porter & Bogusky, MDC Partners has built up an impressive roster of creative ad agencies, increased its revenues and established itself as a major player in global marketing.
On Wednesday, the board announced it had purchased a 15 per cent stake in ORPEA S.A., a long - term care provider in Europe, for approximately $ 468.2 million.
• Advent agreed to purchase Leonard Green & Partners» stake in CCC Information Services, a Chicago SaaS provider to the automotive, insurance, and collision repair industries.
Fosun has made high profile acquisitions such as France's Club Med and Brazil's investment firm Rio Bravo, and it has purchased stakes in Britain's tour operator Thomas Cook, Canada's Cirque de Soleil and Indian drugmaker Gland Pharma.
The purchase worth as much as 26.5 billion rupees could increase Singtel's stake in Bharti Telecom by up to 1.7 percentage points to 48.9 percent and its holding in Bharti Airtel, the country's biggest mobile carrier, by up to 0.9 percentage points to 39.5 percent.
Why it's hot: A big selling point for Home Instead Senior Care franchises is the idea that one is purchasing a stake in a gratifying, rewarding business that will give back to others.
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.
Various news outlets this week reported that Chinese Internet company Alibaba, which has expansion plans in North America, is interested in purchasing a stake in Snapchat, and assessing it to be worth 11 figures.
Energy giant Woodside Petroleum says it has completed its $ US440 million purchase of ConocoPhillips» stake in an oilfield off the coast of Senegal, despite leaving a contractual dispute with one of the project's partners unresolved.
In other words, Dorsey's stake in the company was already publicly disclosed, so the amount of his options grant was already factored into the stock purchase decision of existing shareholders who had already bought the stocIn other words, Dorsey's stake in the company was already publicly disclosed, so the amount of his options grant was already factored into the stock purchase decision of existing shareholders who had already bought the stocin the company was already publicly disclosed, so the amount of his options grant was already factored into the stock purchase decision of existing shareholders who had already bought the stock.
If the Houston superstar does invest in the NBA franchise, she'll be cultivating a portfolio similar to that of her business mogul husband, Jay Z, who purchased a stake in the Brooklyn Nets in 2004 for a reported $ 1 million.
So far, NBA Hall of Famer and former Rockets player Dikembe Mutombo has also expressed interest in a Rockets ownership stake, and said last month that he is working on putting a group together to purchase the team.
Launched in October 2008 under Bush - era Treasury secretary Henry Paulson during the panic that followed the implosion of Lehman Bros., TARP was initially designed to prop up bank balance sheets via the government purchase of equity stakes or the acquisition of illiquid assets.
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.
Berkshire Hathaway (BRK.A) this morning announced that it will purchase an 8.7 % stake in Axalta Coating Systems Ltd. (AXTA) from The Carlyle Group (CG) via a private placement.
Scotiabank's purchase of a 19.9 % stake in the Bank of Guangzhou, which is run by the Chinese government, for about $ 719 million, has been held up for a year.
Tsinghua Unigroup has spent more than $ 9.4 billion making acquisitions and investments at home and abroad over the past two years, including the purchase of stakes in U.S. data storage company Western Digital Corp (WDC) and Taiwan's Powertech Technology Inc..
The group's plan is to raise at least $ 500 million in an IPO, then purchase a minority stake in one or more highly valued private tech companies.
Berlin is also very worried about China's buying spree in the heartland of its top technologies — a recent allegedly stealthy purchase of a 9.7 percent stake in Daimler (which owns the Mercedes Benz brand of cars), an 8.8 percent ownership of the Deutsche Bank, the purchase of the robotics firm KUKA and the energy management company Ista.
LONDON, May 3 - Libya's National Oil Corp is withholding Total's share of crude from the Waha concession as a dispute drags on over the French oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources said.
LONDON, May 3 (Reuters)- Libya's National Oil Corp (NOC) is withholding Total's share of crude from the Waha concession as a dispute drags on over the French oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources said.
Coca - Cola has inked a 10 - year partnership with Keurig - maker Green Mountain Coffee Roasters, and has also purchased a 10 % equity stake in the company valued at $ 1.25 billion.
Charoen gained the upper hand when he amassed a stake of more than 40 percent in F&N by purchasing an additional 90.8 million shares, or a 6.3 percent stake in F&N, at S$ 9.55 each on Friday and another 2.2 million shares on Saturday.
«One is that investors who might otherwise be interested only in outright purchases of a company or in buying only majority equity stakes are now willing to consider deals where they invest in significant minority stakes instead.
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.
In 2004, his company purchased a 20 % stake in Tory Burch, becoming the first and largest outside investor in the fashion house, which has since blossomed into a powerhouse retailer worth over $ 3 billioIn 2004, his company purchased a 20 % stake in Tory Burch, becoming the first and largest outside investor in the fashion house, which has since blossomed into a powerhouse retailer worth over $ 3 billioin Tory Burch, becoming the first and largest outside investor in the fashion house, which has since blossomed into a powerhouse retailer worth over $ 3 billioin the fashion house, which has since blossomed into a powerhouse retailer worth over $ 3 billion.
During that time he also purchased a 20 % stake in the Spanish soccer club Atlético Madrid for $ 52 million and bought the World Triathlon Corp., parent company of the iconic Ironman triathlon, for $ 650 million.
Camber Capital Management, a hedge fund with an activist history, has purchased 5.7 million shares of Tenet Healthcare Corp., or a 5.7 % stake in the money - losing hospital chain.The emergence of Camber was disclosed Monday, just three days after Tenet's largest shareholder, Glenview Capital Management, resigned two Tenet board seats, citing irreconcilable differences with management and the board.Glenview Capital, which owns an 18 % stake in Tenet, gave notice Friday that it would no longer participate in a stand - still agreement that had prevented it from launching a proxy fight for control of the company.Tenet investors welcomed the Camber disclosure Monday, driving up Tenet's stock price to $ 2.18, or 15 %, to $ 16.63 as of 12:30 p.m. ET.Tenet is the nation's third - largest investor - owned
Employee Share Purchase Program: Purchase Accenture shares at a 15 % discount to increase your stake in Accenture.
Particularly controversial are the Hinkley Point C nuclear power plant in the UK (currently under construction and controversial because of security concerns) and the Toulouse airport in France (a Chinese consortium purchased a majority stake but was relegated to a minority stake after French government intervention).
A stake purchase by the activist investor could add friction in a potential merger of the $ 53 bln software company with its controlling shareholder Dell.
Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technologin the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technologin this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technologIn return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.
CrownBet is set to lose its brand later this year after Crown Resorts sold its stake in the business, though it could resurrect the Sportingbet brand that William Hill purchased in 2013 as a part of a series of transactions that cost it $ 700 million to then enter the Australian market.
Fitch's report today also cited potential legal damages related to a $ 956 million verdict this week in a U.S. lawsuit over Vivendi's 2001 purchase from Liberty Media Corp. of a stake in USA Networks Inc..
The Stars Group revealed overnight it would raise its stake in CrownBet to 80 per cent, funding that transaction and the William Hill Purchase with a combined $ US315 million ($ 406 million) cash and share deal.
The Economic Times reported that Walmart has reached agreements with Tiger Global Management, the New York investment firm; Naspers, the South African media conglomerate; Accel, the venture capital firm and Tencent Holdings, the Chinese company, to purchase their stakes in Flipkart.
Nearly a decade ago, he led the fight against a plan by Sears to purchase an outstanding stake in Sears Canada for $ 18 a share.
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.
Known as a buy - and - hold value investor, Buffett typically buys stakes in — or purchases outright — companies whose business operations he says are easily understandable.
Then there's Yahoo Japan, which purchased a 40 % stake in a Tokyo exchange by the name of BitArg.
Surve hoped to eventually purchase a majority stake in the company, but in 2000 the company went under in the biggest corporate scandal in South African history.
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