Sentences with phrase «took on a stake»

Berkshire Hathaway took on a stake of 17.5 million shares, worth about $ 540 million by midday trading.

Not exact matches

Shares in South Perth - based Noble Mineral Resources have surged more than 37 per cent on news Chinese group Zhongrun is to invest $ 87.7 million and take a 42 per cent stake in the company.

Trump's name shows up in filings of less than 14 % of all companies, but the stakes are much higher for firms that have bet on the federal government taking a hands - off approach to marijuana policy.

Former IKEA franchise owner Alan Tribe has taken charge at local biotech firm Phylogica, lifting his stake to 20 per cent and becoming chairman on the same day chief executive Stephanie Unwin was replaced by Rohan Hockings.

The forthcoming film Molly's Game, which stars Jessica Chastain and arrives in theaters on Christmas Day, takes moviegoers on a high - stakes trip through the world of underground poker.

It asks those taking it to rate how likely it is that they would engage in a list of risky behaviors, such as wagering a day's income on a high - stakes poker game, choosing a ski run that's beyond their abilities, or driving without a seatbelt.

Consumers have been willing to let technology companies keep tabs on where they surf and where they take their phones, but when you're physically inside your computer as it hurtles down the highway, the stakes are higher.

Back in September 2007, for instance, Blackstone took a $ 3 billion investment from the China Investment Corp. in exchange for a 10 % stake, valuing the company at $ 30 billion shortly before Blackstone listed shares on the public market.

But new health tech can take a decade to catch on because of regulation, the stakes involved, and the costs.

Yahoo is in talks to acquire a controlling stake in Dailymotion, one of the world's most popular online video websites, in what would be Yahoo CEO Marissa Mayer's largest deal since taking the reins in July, the Wall Street Journal reported on Tuesday.

We see this kind of widely - distributed but unaddressable pain in all kinds of political and community situations where the powers that be just can't or won't be bothered to try to build a solution and no individuals have enough of a stake (or enough at stake) to take on the larger problem for the common good.

Abe had put a lot of personal political capital at stake in beating on the agricultural lobby, and not just the farmers... but the [agricultural] banks, pension schemes, all the rest, to get support for a US - led TPP deal, and then Trump pulls out,» Bremmer said, referring to the Trans - Pacific Partnership, a sweeping trade deal, spearheaded by Barack Obama, that Trump exited days after taking office in January 2017.

BEIJING, April 25 (Reuters)- German car maker Daimler AG's boss said on Wednesday there was no indication the firm's largest shareholder, Chinese auto magnate Li Shufu, was planning a hostile takeover, after he took a $ 9 billion stake in the firm earlier this year.

Cramer suggested that together, GrubHub and Yelp could have the wherewithal to take on tech giants like Alphabet, Amazon and Uber, all of which have a stake in reviews or food.

But the hot schools of the boom, like Harvard, have been whacked horribly, taking huge losses on PE stakes.

CNBC's Jackie DeAngelis takes a look at what's at stake for the energy industry if the U.S. imposes an import tax on oil.

The stakes must be extremely high for people to take on their own stuff.

Now, even as investors take a stake in Facebook, its future remains contingent on a leader who is reluctant to reveal himself.

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.

His deal with Metric will see him take a minority stake in the new fund, evaluate deals and draw on his extensive network of contacts.

Viacom's former CEO Philippe Dauman was on the board of National Amusements as well as a member of the seven - person trust that takes over Sumner Redstone's stake in National Amusements after he dies or is declared incapacitated.

AllianceBernstein is also taking an undisclosed minority stake in Algomi and a seat on the board.

On Monday, Tyson (tsn) said it had taken a 5 % ownership stake in the California - based startup, an investment that will help the smaller company expand its product portfolio and distribution.

Permit investors participating in P2P loan investments to place their holdings within their RRSP's and TFSA's and allow these investors to take on fractional loan ownership stakes.

** Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the U.S. retail giant looks to take a controlling stake of 51 percent or more in the Indian company.

Schlumberger (SLB.N), the world's top oilfield services provider, has taken a 20 percent stake in Borr, which plans to list on the Oslo exchange by the end of the third quarter.

Providence Equity Partners LLC is taking a majority stake in digital measurement firm DoubleVerify, betting on tools that can suss out fraud and verify the quality of digital media for online advertisers.

The $ 5 billion Canadian online poker and gambling giant has emerged with an 80 per cent stake of a combined CrownBet and William Hill corporate bookmaking business that will take on Tabcorp and Sportsbet in the heated battle for Australian punters.

For Shkreli, it was the «right price, right time and right opportunity» to take a stake, he said by phone on Thursday.

Warren Buffett, who passed on the chance to buy $ 5 billion of Goldman Sachs Group Inc. shares at below - market prices, said he's taking a smaller stake in the bank as he focuses on his top holdings.

But now that the Department of Justice is suing AT&T to block its proposed acquisition of Time Warner, Stephenson's profile has only increased: Now he's directly taking on the Trump administration in a high - stakes fight with important implications for the rest of the technology and media industries.

However, as has become typical following the news of major activist involvement in a stock, shares of both firms soared more than 16 % in Thursday trading, taking a little of that potential upside off the table and incidentally earning Singer about $ 26 million on his newly - disclosed stakes.

For Flipkart, the stake sale to Walmart would give it more power to take on Amazon and provide access to a partner that has experience in retail, logistics and supply chain management.

Typically, they don't take a seat on the startup's board; they take a small stake in the firm and hand over their funds in weeks rather than months.

Shares in Fletcher Building have spiked by as much as 15 per cent in early trade on reports Wesfarmers may have taken a small stake.

The timing of Bernanke's easing raises the stakes for the Fed's four remaining policy meetings this year as investors focus on whether the central bank will provide stimulus for 2013 to help the economy overcome the impact of the fiscal tightening due to take hold in January, said Vincent Reinhart, chief U.S. economist at Morgan Stanley.

Ackman's fund Pershing Square took a 9.9 pct stake in the chain, according to documents filed to securities regulators on Sept. 6.

When Mr. Icahn took on the advisory position this year, critics complained that it was a conflict of interest because he owns a big stake in an oil - refinery business called CVR Energy.

So, you have a lot of small venture funds taking typical vc equity stakes in the 1st round; but no pockets or consortia network to see the deal through to success on a 5 year plus horizon.

Notley said on the weekend that the province was looking at taking an equity stake in the line, but didn't talk about buying it completely.

Elliott Management has taken a 12 percent stake in Travelport Worldwide, the hedge fund said in a filing on March 26, and may push for a sale of the travel industry e-commerce company that could include Elliott as a buyer.

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.

DRI has outperformed the S&P 500 since Starboard took its stake (up 22 % vs. 17 %) and now earns our Attractive rating, which means the company still has significant upside based on its fundamentals.

With the recent revelations that a Russian group took advantage of social media algorithms on Facebook, Twitter, and YouTube to try to divide Americans, the stakes are higher than ever.

Brazilian bank BTG Pactual advised companies on 52 deals valued at $ 31.9 billion, more than any other bank in Latin America, following its own acquisition of a 37.6 % stake in Banco PanAmericano in 2011 and an agreement signed in 2012 to take over leading Chilean brokerage Celfin Capital.

David Tepper builds stake in Energy Holdings debt [ValueWalk] Mark Anson's formula for choosing a good hedge fund for your portfolio [CFA] How hedge funds need to adapt [All About Alpha] The mind of DoubleLine's Jeffrey Gundlach [Crossing Wall Street] George Soros» European solution to the Eurozone's problem [George Soros] JANA Partners says Rockwood worth $ 80 in possible takeover [Bloomberg] ValueAct takes $ 2 billion Microsoft (MSFT) stake [Yahoo News] John Paulson says he's staying the course on gold [Hedgeworld] Rob Arnott: most hedge funds disappoint [Term Sheet] Hedge fund managers mixed on 2013 outlook [HedgeCo] Billionaire Carl Icahn's tale of aggression [Forbes India] Hedge fund gold wagers defy worst slump in 33 years [Bloomberg] Hedge funds plowed into gold as market looked vulnerable [Hedgeworld] Devitt sees consolidation in outlook for fund of funds [Investment Europe] Hedge funds find new Swiss rules good for business [Reuters] Singapore will replace Switzerland as wealth capital [CNBC]

Walt Disney Co's quarterly profit and revenue on Tuesday beat analysts» estimates fueled by movie studio hits, and the media company said it was taking a stake in a streaming video technology company to sell more content directly to consumers.

While building Chesapeake, McClendon ran a secretive commodities hedge fund on the side, used minority stakes he took in Chesapeake's wells as collateral for loans and made madcap corporate investments that added to a massive debt load.

HOOPP was an initial private equity investor at Teranet's founding, remained the largest shareholder when the company was taken public on the TSX, and eventually sold its stake into a $ 2.0 billion take - over bid in 2008; and Ducati Motorcycle Company, initially an NYSE / Milan listed Italian sport motorcycle manufacturer, which was the subject of a deleveraging capital increase, taken private and eventually sold to Volkswagen / Audi Group in 2012 for US$ 1.1 billion.

China's Baidu Inc said it will sell a majority stake in its financial services business for about $ 1.9 billion to a consortium led by TPG Capital Management LP [TPG.UL] and Carlyle Group LP, as it seeks funding to take on established fintech firms in China.