je.st
news
Tag: stake
Fidelity Cuts Stake in Takata as Air-Bag Crisis Escalates
2014-12-06 03:14:33| Automakers - Topix.net
Fidelity Investments led institutional investors that sold their stock holdings in Takata Corp., the Japanese air-bag maker at the center of a global auto safety crisis linked to at least five deaths. Fidelity Management & Research Co.
Tags: crisis
cuts
stake
fidelity
Microsoft sells Nook stake back to Barnes & Noble
2014-12-05 08:58:00| Telecompaper Headlines
(Telecompaper) Microsoft is withdrawing from its investment in Barnes & Noble's Nook e-reader. The company acquired a stake in Nook Media in 2012, but has now agreed to sell it back to Barnes & Noble and end their commercial cooperation. The sale will help Barnes & Noble continue with its plan to separate its digital business from its traditional retail activities, a process expected to be completed by the end of August 2015. The announcement came alongside quarterly results showing Nook'a revenues down 41.3 percent year-on-year to USD 64 million. Device sales fell 63.7 percent to USD 18.7 million in the three months to October, and digital content sales dropped 21.2 percent to USD 45.2 million. Nook narrowed its EBITDA loss to USD 8 million from USD 38 million a year ago.
Tags: back
microsoft
noble
sells
Sky sells majority stake in Sky Bet
2014-12-04 11:54:34| BBC News | Business | UK Edition
Satellite broadcaster Sky sells a majority stake in its gambling operation Sky Bet to CVC Capital Partners, valuing the business at 800m.
Indian government to sell off 5% stake in Steel Authority of India
2014-12-04 05:11:31| Steel - Topix.net
Notice of Offer for Sale of equity shares of Steel Authority of India Limited by its Promoter, the President of India, acting through the Ministry of Steel, Government of India, through the stock exchange mechanism The government said in the Dec. 3 filing that it is selling up to 206,526,264 shares with a face value of 10 Indian rupees each. Under the offer, 10% of the shares have been set aside for retail investors, who can subscribe for shares worth up to 200,000 rupees at a 5% discount to the bid price.
Tags: of
sell
government
india
India Set to Sell Stake in Steelmaker on Friday
2014-12-03 20:57:14| Steel - Topix.net
India will sell a 5% stake in the Steel Authority of India Ltd. on Friday, launching the government's plans to raise $10 billion by unloading stakes in state-run companies. The steelmaker said in a regulatory filing that the government will sell the stake through an auction of shares on Indian stock exchanges.
Sites : [477] [478] [479] [480] [481] [482] [483] [484] [485] [486] [487] [488] [489] [490] [491] [492] [493] [494] [495] [496] next »