Buying Stake

Rusal asks for probe of Norilsk stake

iht.com     6 hrs ago   3 related          

Aluminum giant Rusal stepped up the pressure Thursday on tycoon Vladimir Potanin — the largest shareholder in mining firm Norilsk Nickel — calling on Russia's financial watchdog to probe the size of his shareholding along with...                    

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OMV still holds key to MOL's future

iht.com     4 hrs ago   8 related          

The Austrian oil and gas company OMV, rebuffed after a year-long battle to buy its Hungarian rival MOL, still holds a fifth of the company and great sway over its future. OMV had hoped that buying MOL would allow it to forge a...                    

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Motilal Oswal neutral on Unitech

moneycontrol.com     11 hrs ago          

Unitech’s 1QFY09 revenues were up 19.2% YoY to Rs10.3 billion. Reported PAT stood at Rs4.2b v/s our est of Rs4 billion. In July 2008, Lehman Brothers acquired 50% stake in phase I (1msf) of Unitech’s SRA project in Mumbai for...                    

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Zandu-Emami row: HC asks CLB to pass orders in 15 days

thehindubusinessline.com     2 hrs ago   1 related          

P.T. Jyothi Datta Jayanta Mallick Mumbai/Kolkata, Aug. 7 The corporate tussle between ayurveda companies Zandu Pharmaceutical and Emami Ltd seems to have shifted to the Company Law Board. The Bombay High Court on Thursday asked...                    

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Billionaire Tom Hunter bids for struggling flower firm Flying Brands

guardian.co.uk     3 hrs ago          

Shares in Flying Brands surged by a third today after the troubled flowers and gardening mail order firm received a bid approach from Scottish billionaire Sir Tom Hunter. Scotland's richest man already owns a 29.9% stake in the...                    

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EBRD to take 3.8 pct stake in Far Eastern Shipping Co (FESCO) for $120 million

finanznachrichten.de     12 hrs ago          

MOSCOW (Thomson Financial) - The European Bank for Reconstruction and Development (EBRD) said it has acquired a 3.8 percent stake in Russia's OJSC Far-Eastern Shipping Company (FESCO) for $120 million. The acquisition will give...                    

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Istithmar, Nakheel acquire 20 per cent stake in Cirque du Soleil

gulfnews.com     yesterday   11 related          

Dubai: Istithmar World, the investment arm of Dubai World, and Nakheel have together acquired a 20 per cent stake in Quebec-based Cirque du Soleil, one of the world’s leading live entertainment company. Under the terms of the...                    

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Prague Stock Exchange to be sold

iht.com     yesterday   3 related          

The Prague Stock Exchange said Wednesday that its majority shareholders have decided to begin a process to sell a controlling stake in the bourse. Potential buyers reportedly include the Vienna Stock Exchange, the Warsaw Stock...                    

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Siemens could be close to exiting Fujitsu venture (AP)

yahoo.com     yesterday   9 related          

FRANKFURT, Germany - Siemens AG is close to leaving its long-running computer joint venture with Fujitsu Ltd., The Wall Street Journal reported Wednesday. The newspaper, citing people familiar with the matter, said that...                    

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Merrill's picked pockets

cnn.com     yesterday   11 related          

When Merrill Lynch announced last month that it would sell back its long-held stake in financial data provider Bloomberg L.P., chief executive John Thain was praised for moving aggressively to restore the firm's capital...                    

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