But this would be nothing new in the corporate world — «sell low, buy high» it seems... Btw I thought Promethean plc (PTH: LN) was a smart investor, but its just announced IFG Group (IFP: ID)
stake sale at EUR 1.00 (vs. a EUR 1.70 + price three months ago) really takes the cake!
Not exact matches
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.
The transaction — which Laliberte said wasn't a «fire
sale»
at a reported value of around $ 1.5 billion — will also see partner Dubai World sell its 10 per cent
stake.
Both my partner and I have been burned
at past
sales jobs, and we have
staked our company on treating salespeople fairly and consistently.»
Bond insurers with more than $ 1 billion
at stake repeatedly argued for the
sale of valuable art but dropped that plea and settled for much less.
At that time, taking on a bigger
stake in Apple seemed like a potential misstep: The company's stock had been swooning amid three straight quarters of profit and revenue declines due to decreases in iPhone
sales.
It later sold back its shares to Lubetzky in 2014 in a
stake sale that valued the company
at $ 728.5 million.
The
sale of the roughly 60 percent
stake in Mphasis could provide cash to fuel buybacks, Rajesh Ghai, an analyst
at Macquarie Group Ltd., said in a note last month.
The sources said the
stake was worth $ 3.1 billion
at current market prices but GSK wanted a premium in any
sale.
«It's a change in how he distributes that asset,» said Ben Silverman, research director
at InsiderScore, noting that Gates has been reducing his
stake methodically for years through share
sales to fund his foundation.
One secure way to deliver such services to users
at scale is by utilizing consensus algorithms to computationally equate proof of
sale (POS) with proof of
stake on the blockchain, then integrating existing POS solutions with proprietary software to enable merchants to process payments in cryptocurrency.
They then seek to boost the value of their
stakes by putting pressure on management to adopt a change in strategy — such as a spinoff,
sale, or other organizational restructuring or changes in capital allocation — aimed
at «enhancing shareholder value.»
Their
stake in Park Hotels valued
at 1.6 bn USD is for
sale and just recently they announced the intention to sell its 26 %
stake in Hilton Worldwide, valued
at ~ 6bn USD.
Closed minority -
stake sales such as One Worldwide Plaza, One Liberty Plaza and 1515 Broadway valued those trophy office towers
at $ 1.7 billion, $ 1.5 billion and $ 1.95 billion, respectively.
With plenty
at stake in today's rapidly changing business climates, this is a mistake B2B marketing and
sales executives can ill - afford to make.
Ticket
sales for the infield
at the Preakness
Stakes — the state's biggest single - day event — are down 30 percent compared to this time last year, even as organizers are facing an Under Armour - sized gap in their lineup of corporate partners.
Before the letter was released, Yahoo's total market value stood
at $ 39 billion — an assessment indicating that investors put little or no value on the company's ongoing U.S. business while discounting for the taxes that currently would have to be paid in eventual
sales of the Alibaba and Yahoo Japan
stakes.
After adjusting for exceptional items and amortisation reported profit before tax was down 25 %
at # 77.8 million, which was chiefly due to the # 50.4 million exceptional gain on the
sale of Dairy Crest's
stake in joint venture Yoplait Dairy Crest in the previous year.
When contacted by The Australian Financial Review, shareholder Jan Cameron dismissed sharemarket talk that she had a $ 15
sale price on her
stake, and would consider selling
at that level.
The journal Legal Week has reported that former Arsenal director and shareholder Lady Nina Bracewell - Smith has filed new court papers against her lawyers, Linklaters, in connection with the
sale of her 15.9 %
stake in Arsenal to Stan Kroenke
at the time of his takeover.
That is why we have said every penny of windfall from the
sale of the government's
stakes in the banks must be used to repay the national debt — not for a politically timed pre-election giveaway
at the expense of taxpayers and the economy.
Government has advertised the
sale of
at least a majority
stake in specified thermal plants owned by the Volta River Authority (VRA).
The demonstrators, who were clad in red held placards such as «Say no to military base», «Ghana not for
sale», «Incompetent government, incompetent agreement», «Our future is
at stake» among others.
The recent concerns with the VRA's thermal component stem from the government's advertisement in the Daily Graphic of August 23, 2017, noting the
sale of
at least a majority
stake in specified thermal plants owned by the Volta River Authority (VRA).
At stake is the division of some $ 109 million in annual receipts from Ulster County's 4 percent
sales tax.
It's not as if that $ 200 million film deal is play money to 50 Cent and his posse; in April, Forbes assessed the multi-market star's net worth
at $ 110 million, $ 100 M of that coming from the
sale of his
stake in Vitaminwater while much of his other earnings have been spent on luxurious living.
The 2016 Nissan TITAN XD, which made its world debut
at the 2015 North American International Auto Show in Detroit, is set to shake up the highly competitive full - size pickup segment when it goes on
sale in the United States and Canada beginning in late 2015 - with a bold all - new design that
stakes out a unique position in the segment between traditional heavy - duty and light - duty entries.
But there are deeper issues
at stake with regard to what is available for
sale in the first place.
Meaning, once they get the DVD player back in stock, even if it's way after the
sale is over, you still have the right to buy the DVD player
at its
sale price, because you basically «
staked your claim» while the item was on
sale.
This is a good thing
at the moment as the company has plenty of cash and is in the process of generating more (Maiden Lane III
sales and potential AIA
stake sale) which it hopefully will use to repurchase shares when the Treasury next sells off some of their holdings.
This was a great deal (followed shortly thereafter by an even larger
sale of its Airtricity
stake), but unfortunately the company was also in full Celtic Tiger mode
at this point.
A couple more disposals were still in the works
at end - 2013, with the
sale of Irish Pride Bakeries & the company's
stake in Augean being completed in early - 2014.
We can add - back a GBP 0.2 mio subsequent (FX) gain on the Arcapita loan
sale, a likely gain of
at least 0.3 mio on the
sale of an Egyptian property, and a 0.1 mio increase in their DiamondCorp
stake.
EnBW said
at group level it made «a good start to the year» with a 34 % rise in operating profits to $ 687m, but net profits fell by almost two - thirds to $ 138m, reflecting the flattering effect of the
sale of its Hohe See
stake in the year - ago quarter.
Freshfields Bruckhaus Deringer, Linklaters and Sullivan & Cromwell are taking the lead roles on Goldman Sachs»
sale of its remaining
stake in Rothesay Life, in a deal that values the insurer
at more than # 2bn.
Linklaters and Deloitte have pointed the finger
at each other in their defences against the professional negligence claim brought by former Arsenal shareholder Lady Nina Bracewell - Smith over the
sale of her
stake in the football club to current majority owner Stan Kroenke.
Whether you've been charged with drug possession, possession for
sale, drug manufacturing, or drug trafficking, your freedom and future are
at stake.
Over the past 10 years Rozee, who is senior vice president commercial and legal affairs
at Teck Resources, has been involved in a number of large transactions, including the company's $ 14.8 - billion purchase of the Fording River coal mine and its $ 825 - million
sale of its
stake in the Waneta hydro - electric dam.
Important public rights were
at stake, including claims that there was improper delegation of decision - making to a state agency and there was a failure to obtain Judicial Council approval of the
sale of some of the buildings.
It has got out of about 50 businesses globally since Chief Executive Stuart Gulliver took over
at the start of 2011, including its recent profitable
sales of its $ 9.4 billion
stake in Ping An Insurance Group Co of China Ltd (601318.
At the end of Q3 of fiscal 15 - 16, Tube Investments had approved a
stake sale of Rs. 882.67 crore.
We listen to our community, so after many requests, we have decided that faithful INS supports, who weren't aware of the INS project
at the token
sale stage and bought INS tokens on exchanges after the token
sale end, also deserve their
stake of the airdrop.
After many requests from our community, we have decided that faithful INS supports, who weren't aware of the INS project
at the token
sale stage and bought INS tokens on exchanges after token
sale end, also deserve their
stake of the airdrop.
The Nexus 5, which will be on
sale in the UK from tomorrow, 1 November, is perhaps surprisingly well endowed in the specifications
stakes, considering it will come
at a reasonable price (# 299 for 16 GB, # 339 for 32 GB).
When thousands of dollars in commissions are
at stake, most REALTORS main objective is to close the
sale and take home the money.
Seller is wanting to sell because they own another big restaurant and bar far away from this location and want to focus energy where they have more
at stake so looking for a quick
sale.
What the seller does with the recommendations is entirely up to them — it is their equity
at stake, but they will go to the negotiation table with eyes wide open, fully understanding the things they decided not to do may in fact jeopardize the
sale.
In the world of luxury home
sales, the fact that there can be multiple millions on the table
at any moment during a deal raises the
stakes all around.
At stake are online home listings and homes - for -
sale ads exceeding $ 9 billion annually, according to a recent research report by Goldman, Sachs & Co..
Snow Park Capital disclosed a 3.5 percent
stake in Cedar Realty last month and is pushing for changes
at the company, including a potential
sale.