Buying & Selling Stake

Firm buys $7.6M stake in HawTel: Cerberus' presence in Isles found in such hotels as Mauna Kea,...

Nov 21, 2009 (The Honolulu Advertiser - A private equity firm that controls some of Hawai'i top hotels will become a shareholder in Hawaiian Telcom Inc. Cerberus Capital Management LP on Tuesday filed papers in U.S. Bankruptcy...

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GIC buys 5.4% stake in China gaming firm

GIC, Singapore's biggest sovereign wealth fund, has bought a 5.4 per cent stake in Chinese videogames company Shanda Games, its second recent investment in a newly listed firm in the United States. The move comes after the...

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German drugstore Mueller eyes Douglas stake -press

FRANKFURT, Nov 21 (Reuters) - German drugstore entrepreneur Erwin Mueller wants to take a big stake in fragrance-to-fashion retailer Douglas (DOHG.DE), he told a German magazine. "Douglas is my second supporting leg," Mueller...

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GVK Power to raise up to Rs 1,800 cr

Shareholders of GVK Power & Infrastructure Ltd (GVKPIL), which has expressed its intentions to increase its stake in both Bangalore and Mumbai airports, have approved a proposal to raise up to Rs 1,800 crore.

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Saad Group sells 19% stake in Petra Diamonds

Saad Group has agreed to sell a 19 percent stake in Petra Diamonds Limited, a UK-based mining company focusing on diamond resources, for $100 million in a private placement, SPA reported. Saad Group is a Saudi Arabia-based...

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Saad Group To Sell 19% Stake In Petra Diamonds

has agreed to sell a 19 percent stake in Petra Diamonds Limited, a UK-based mining company focusing on diamond resources, for $100 million in a private placement. Saad GroupSaad Group is a Saudi Arabia-based conglomerate...

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Comcast deal to buy stake in NBC Universal stalled

A deal for Comcast Corp. to buy a controlling stake in NBC Universal and create one of the most powerful media companies in the world is taking longer than expected as the current owners tussle over price.

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Galleon sells entire stake in Edelweiss Capital for Rs 256 crore

MUMBAI: US-based hedge fund Galleon has sold its entire holdings in leading investment banking and broking firm Edelweiss Capital through the open market route on Friday. The fund sold its 7% stake for Rs 256 crore through two...

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Shell eyes 10% in Essar as 'token' for plants

21 Nov 2009, 0853 hrs IST, George Smith Alexander , MUMBAI: Royal Dutch Shell is in advanced talks to acquire a 10% stake in Essar Oil as part-payment for selling three of its European refineries to the Indian company , persons...

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Doğan Yayın to sell 29 pct stake to Axel Springer

Facing a TL 4.8 billion fine for tax fraud, Turkey’s largest media company, Doğan Yayın, is attempting to sell a 29 percent stake in the company. The announcements by both companies stated that Doğan Holding must first inject...

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Buying Stake , Selling Stake