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Tag: sells stake
Apex sells stake in 217MW renewables portfolio to Northleaf Capital Partners
2016-07-18 01:00:00| Power Technology
US-based renewable energy developer Apex Clean Energy has divested a majority of its ownership stake in a 217MW renewable energy portfolio to the Canadian financial institution Northleaf Capital Partners.
Tags: capital
partners
portfolio
sells
LVMH Sells Stake in Nude
2016-06-28 15:06:00| Happi Breaking News
Parent company of Beautycounter takes control as founder Ali Hewson and husband Bono become investors.
Telstra sells stake in China's Autohome for USD 1.6 billion
2016-04-18 11:06:00| Telecompaper Headlines
(Telecompaper) Telstra has agreed to sell a 47.7 percent stake in Chinese online business Autohome to Ping An Insurance Group for USD 1.6 billion. Telstra will retain a 6.5 per cent interest in Autohome after completing the transaction. The sale price of USD 29.55 per share reflects a premium of 12.7 percent to Autohome's volume weighted average price over the past 60 days. Ping An is expected to support Autohome's expansion into the offline car retail market in China, offering its expertise in financing and insurance. Telstra said it expects to book an accounting gain of AUD 1.8 billion in the second half of fiscal 2016. Completion of the sale is subject to Chinese regulatory approvals and Autohome Board approval. Telstra said it will take a "balanced approach in considering the use of these funds, which includes potential capital management options".
Texon Sells Stake to Private Equity Firm
2016-04-08 16:34:00| Nonwovens Industry Breaking News
Hong Kong-based company manufactures nonwovens and cellulose materials for structural footwear components.
Tags: private
firm
equity
sells
Glencore sells stake in agribusiness
2016-04-06 10:46:35| BBC News | Business | UK Edition
Mining and commodity trader Glencore says it has agreed to sell a 40% stake in its agricultural business to Canada Pension Plan Investment Board.
Tags: sells
stake
agribusiness
glencore
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