At the end of Q3 of fiscal 15 - 16, Tube Investments had approved
a stake sale of Rs. 882.67 crore.
HFF had a strong showing in fourth place in NYC, with a performance buoyed by the $ 1.04 billion majority -
stake sale of 60 Wall Street.
The stake sale of CIMB Securities International would see CIMB Group and China Galaxy run a 50:50 stockbroking joint venture outside of Malaysia.
Not exact matches
Canadian pre-tax profits were US$ 9.1 million, down from US$ 20.9 million the prior year quarter when it gained US$ 8.1 million from a price adjustment on the
sale of its
stake in the Montreal Canadiens.
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.
Big private car retailer DVG Automotive Group has released its results for the 2015 financial year, showing a tightening economy had not significantly hit its
sales ahead
of the
sale of a majority
stake to Japanese interests.
Shopping centre owner Centro Retail Australia is in discussions with investors regarding the
sale of 50 per cent
stakes in three
of its shopping centres, including Morley's Galleria.
• Blackstone and Thomson Reuters Corp are considering an IPO or
sale of their
stake in Tradeweb Markets LLC, according to Bloomberg.
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.
Now, with a majority interest in Skype slated to be sold to a collection
of private investors, they're using their
stake in Joltid to try to block the
sale and recover millions
of dollars in what they say are lost profits.
The buyout price represents a 39 percent premium to PetSmart's closing price
of $ 59.81 on July 2, the day before Jana disclosed its
stake and called for PetSmart to explore a
sale.
The statement said the government would be able to stop the
sale of EDF's controlling
stake before completion, without the prior notification and agreement
of ministers.
Perth - based Paladin Energy has settled the
sale of a 25 per cent
stake in its flagship Langer Heinrich uranium mine in Nambia, under a deal originally announced to the market in January this year.
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.
Rox Resources» joint venture partner Teck Australia has voiced concern today with the company's proposed
sale of its
stake in the Reward zinc - lead project to Marindi Metals, after competing bidder IM Medical said last week an exclusivity agreement had been breached.
Similarly, the New Zealand government blocked the
sale of a $ 1.4 - billion partial
stake in the Auckland International Airport to the Canada Pension Plan Investment Board.
The previous year's result was boosted by the
sale of stakes in Arrow Energy and the Lenton coal project in Queensland.
Bharti Airtel separately said it plans to engage with potential investors to evaluate a
stake sale in the combined mobile masts entity, which will have an equity value
of 965 billion rupees ($ 14.5 billion), sending the carrier's stock up as much as 5.2 percent.
Steve Ridgeway, Virgin Atlantic's chief executive, told Bloomberg News that Sir Richard is unlikely to relinquish control
of Virgin Atlantic as part
of a possible
sale of Singapore's 49 % minority
stake.
EBay announced on Nov. 19 that it had finally completed the
sale of a majority
stake in Skype Technologies to a group
of investors, including the Canada Pension Plan Investment Board.
Inc has no
stake in the
sale of the business featured.
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.
Kingboard, an investment holding company, said it would recognise a gain
of HK$ 800 million on the
sale which represented its entire
stake in the Hong Kong airline.
The Financial Times first reported the
stake sale, noting that HNA had initially held 9.9 percent
of Deutsche Bank but that filings showed last week its share
of voting rights had fallen to 9.2 percent.
JOHANNESBURG, April 12 - Troubled South African retailer Steinhoff, raised 3.75 billion rand from the
sale of a 6 percent
stake in Steinhoff Africa Retail, another step in its efforts to shore up its finances and pay down debt.
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.
Likewise,
sales managers who create rituals with their teams before every meetings stand a better chance
of delivering in high -
stakes situations.
Since then, the
stakes have only grown; cases against distributors like Cardinal and opioid manufacturers like Purdue and Teva (teva), which are accused
of negligence and aggressive
sales tactics, have proliferated across the country in recent months.
Pandora has been urged to explore a
sale by Corvex Management LP, a hedge fund run by Keith Meister, a protégé
of activist investor Carl Icahn, after it disclosed a 9.9 percent
stake in Pandora in May.
Most deals involve an equity
stake of some sort, so the celebrity can benefit from the beverage's
sales for as long as it stays on shelves.
Citi said the target increase was to reflect a higher implied valuation for DRB - Hicom's remaining Proton
stake, a government grant accompanying the deal and the
sale of a 51 percent
stake in British sports - car brand Lotus to Geely for around 556 million ringgit, which was also part
of the deal.
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.
Founders can lobby for higher compensation and options in lieu
of equity
stakes; investors can fight for preferred dividends and treatment
of their shares when it comes to another round
of funding or a
sale.
See's, which had
sales of $ 376 million in 2011, $ 83 million
of it profit, represents an infinitesimal drop in the bucket
of Buffett's other holdings, which include fat
stakes in American Express (AXP), Coca - Cola (KO), and IBM (IBM).
No one ever said turning around Yahoo would be easy, Mayer is facing restless investors as ad revenue remains challenged — and in the wake
of the
sale of part
of the company's
stake in Chinese e-commerce giant Alibaba.
A
sale of Yahoo's internet assets would leave the company just owning a 35.5 percent
stake in Yahoo Japan Corp., as well as a 15 percent
stake in Chinese e-commerce company Alibaba Group Holding Ltd., which accounts for most
of its value.
The
sale of a majority
stake in DESFA is mandated under Greece's latest international financial bailout, worth up to 86 billion euros.
In October, LeapFrog announced its second exit, with the
sale of its minority
stake in Apollo Investments Limited, a leading East African insurance group.
The
stakes for the iPhone 7 are high after
sales of the gadget dropped during two straight quarters this year, the first declines in its history.
JOHANNESBURG, April 12 (Reuters)- Troubled South African retailer Steinhoff, raised 3.75 billion rand ($ 314 million) from the
sale of a 6 percent
stake in its domestic Steinhoff Africa Retail (STAR) operation, to reduce debt, it said on Thursday.
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).
Since account management is more
of a high -
stakes role than ever, it's good to get advice from the top minds in the field, so here are six great account management tips from
sales experts.
The Yancoal transaction followed the $ US606 million
sale of Rio's 40 per cent
stake in the Bengalla coal mine to New Hope, and the $ US220 million
sale of the Mt Pleasant coal project in NSW in 2016.
Elliott disclosed a 7 percent
stake in Mednax last month and said it would discuss several options to boost value for shareholders, including a
sale of the company.
The Commonwealth Bank
of Australia has deflected rumours it is mulling the
sale of its 80 per cent
stake in Indonesia's PT Commonwealth Life.
The two met to discuss the possible
sale to Anbang
of a Kushner family
stake in the redevelopment
of a Manhattan skyscraper, 666 Fifth Avenue.
SoftBank also has a
stake in most
of these ride - hailing companies, positioning it to broker truces and alliances between regional players, like Uber's recent
sale of its Southeast Asia operations to Grab.
NEC Corp said it has approved the
sale of its
stake.
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.
Nevertheless, major aspects
of policy remained unclear, including details
of a planned $ 300 billion privatization program that is to include the
sale of a 5 percent
stake in oil giant Saudi Aramco.