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Tag: stake
Strattam Capital agrees to buy majority stake in Trax Technologies
2015-02-27 17:55:36| Logistics - Topix.net
Strattam Capital has agreed to acquire a majority stake in Trax Technologies, Inc , which provides a global logistics software as a service platform. Strattam will make the investment alongside Trax's management team, led by founder and chief executive J. Scott Nelson .
Tags: buy
capital
technologies
majority
Marchionne raises Fiat Chrysler stake as Ferrari spin-off nears
2015-02-26 18:31:25| Automakers - Topix.net
Fiat Chrysler Automobiles Chief Executive Sergio Marchionne has increased his voting stake in the carmaker to nearly 1 percent after benefiting from a stock grant plan, just as the company readies to spin off luxury brand Ferrari. The stake makes him one of the largest individual shareholders in FCA , the world's seventh-biggest carmaker, whose share price has soared 75 percent since the Ferrari spin-off was announced in October.
Tags: ferrari
chrysler
fiat
raises
TransCanada to sell remaining 30% stake in GTN to TC PipeLines
2015-02-26 01:00:00| Hydrocarbons Technology
TransCanada has agreed to sell its remaining 30% stake in Gas Transmission Northwest (GTN) to its master limited partnership, TC PipeLines, for $446m.
Air New Zealand coy on Virgin Australia stake plans
2015-02-24 23:46:14| Airlines - Topix.net
"From our point of view we are very comfortable with the holding that we have." : Air New Zealand chief executive Christopher Luxon.
Tags: air
australia
plans
zealand
Japan's KDDI divests stake in satellite firm Inmarsat for 840p per share
2015-02-24 15:28:12| IT Services - Topix.net
Japanese telecommunications group KDDI Corporation has sold its entire 4.85 percent stake in satellite communications company Inmarsat for 840 pence per share, the company said on Tuesday. Reuters reported on Monday that KDDI was planning to sell its holding in London-listed Inmarsat.
Tags: per
share
firm
satellite
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