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Tag: shareholder
CBS loses initial battle with shareholder
2018-05-17 20:34:27| BBC News | Business | UK Edition
CBS is up against the Redstone family, its biggest shareholder, in a battle for control of the company.
Tags: initial
battle
cbs
shareholder
Vivendi loses control of TIM board following crucial shareholder vote
2018-05-08 02:00:00| Total Telecom industry news
Telecom Italia has reappointed Amos Genish as CEO, while Fluvio Conti will take on the role of chairman, after votes were cast at the company's annual shareholder meeting. 49.84 per cent of shareholders approved a list of board changes proposed by activist shareholder fund…read more on TotalTele.com »
Veon to sell Beeline Tajikistan to local shareholder
2018-04-09 11:16:00| Telecompaper Headlines
(Telecompaper) Veon Group plans to sell its subsidiary, the mobile operator Takom, working under the Beeline Tajikistan brand. Veon concluded an agreement on the sale of the Virgin Islands-based company Vimpelcom AG owning a 98 percent stake in Beeline Tajikistan, a spokesman for the company confirmed. The company Zet Mobile Limited, which already owns a 2 percent stake in Beeline Tajikistan, will acquire the rest of the shares.
Tags: local
sell
tajikistan
shareholder
Softbank becomes largest shareholder in Uber
2018-01-19 17:24:00| Telecompaper Headlines
(Telecompaper) Softbank has become the largest stakeholder in Uber after cutting a deal that includes buying shares from existing Uber investors and employees, Reuters reported. The shares were bought by an investor group co-led by Softbank and Dragoneer and including Sequoia, at at discounted valuation of USD 48 billion, a 30 percent decline from Uber's most recent valuation of USD 68 billion. The secondary stock sales will be completed by the end of the day on 18 January, an Uber spokesperson said. The investor group also made a USD 1.25 billion investment at the higher valuation, the spokeperson added. The BBC reported that the deal was worth USD 9.3 billion, with Kalanick selling USD 1.4 billion worth of shares. The latest investment will mean governance changes at Uber, including the addition of new board members.
Tags: largest
shareholder
uber
softbank
Geely Holding accelerates drive into commercial vehicles by becoming largest shareholder in truckmaker AB Volvo; $3.3B investment
2017-12-28 11:56:27| Green Car Congress
Tags: drive
commercial
largest
investment
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