Sentences with phrase «stake sales in»

In November, the government changed some listing rules to allow book building, or the process of using underwriters to assess investor demand and price interest, for stake sales in state - run firms, subject to approval by the prime minister.

Stake sales in Visa Europe helped, and low interest rates hurt in French retail banking.

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.

The company stated in a regulatory filing that the board meeting held on 18th April approved up to a 10 per cent stake sale in HDFC Life.

Earlier in FY 15 - 16, Murugappa group also had a one - time earning of Rs. 883 Crore from an earlier 14 percent stake sale in its general insurance arm — Cholamandalam MS General Insurance.

The stake sale in the health insurance segment comes when Malvinder and Shivinder Singh, the promoters of Religare are keen on disinvesting the stakes in the businesses that are specifically controlled by them.

HDFC has completed a 9 % stake sale in HDFC Standard Life Insurance Company to its British joint venture partner (JV) Standard Life for a little over Rs 1,700 crore.

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.

Activist investor Jana Partners has accumulated an 8.8 percent stake in Whole Foods and wants the organic market to explore a possible sale, according to a Monday regulatory filing.

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.

Altaba was created amid Yahoo's sale to Verizon as a vehicle for stakes in Yahoo Japan and Alibaba.

Activist investment fund Jana Partners acquired a 5 % stake in Time Inc. earlier this year, and the fund is said to be interested in pushing for either an improvement in the company's financial picture or a sale.

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.

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.

While O'Leary emphasized in his sales pitches that he, too, was an investor, the filing notes his personal stake in the funds transferred to Canoe amounted to less than 1.2 per cent.

Activist investor Jana Partners LLC began pushing for a sale after disclosing a 9.9 percent stake in PetSmart in early July.

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.

Legend Mining has sold its stake in gold and nickel miner Independence Group for $ 4 million, with the local explorer netting about $ 2.5 million profit from the sale.

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.

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 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 %.

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.

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.

Michael Dell, who owns nearly 16 per cent stake in the company, will remain the CEO after the sale closes and will contribute his existing stake in Dell to the new company.

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.

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.

The activist investor Jana Partners took a 9 % stake in Whole Foods in April and pushed the company to look into strategic options including 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).

«Re-rating is imminent with the stake sale removing DRB's largest overhang, as well as a more positive outlook for Proton,» Citi said in a note late Wednesday.

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.

It later sold back its shares to Lubetzky in 2014 in a stake sale that valued the company at $ 728.5 million.

Activists use their ownership stakes in public companies to pressure them to change in order to boost returns — whether by restructuring their businesses, shaking up management, or even putting themselves up for sale.

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.

It was forced to re-launch the sale process for 66 percent stake in DESFA last year after a previous 400 million euro deal with Azerbaijan's SOCAR fell through in 2016.

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 grouIn October, LeapFrog announced its second exit, with the sale of its minority stake in Apollo Investments Limited, a leading East African insurance grouin 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).