stake – The paper fuel business magazine uk

25Feb

General Atlantic Sells ByteDance Stake in $550 Billion Valuation Deal

Investment firm General Atlantic is selling an equity stake in ByteDance in a deal that values the Chinese social media giant at $550 billion, two people with knowledge of the…

09Feb

Anta Sports buys 29% stake in Puma for $1.8 billion

China's top sportswear company Anta Sports has leaped onto the international stage with an acquisition-driven global portfolio, including last week's $1.8 billion deal for a 29% stake in Germany's Puma.…

06Feb

LG Energy Solution to buy Stellantis’ 49% stake in Canada battery JV for $100

South Korea's LG Energy Solution on Friday said it plans to buy the 49% stake held by Stellantis in their battery joint venture in Canada for the nominal amount of…

27Jan

Anta to buy 29% stake in Puma for €1.5 billion, becomes top shareholder

China's biggest sportswear brand Anta Sports Products said on Tuesday it would buy a 29.06% stake in Puma from the Pinault family for 1.5 billion euros ($1.8 billion), making it…

22Jan

Walmart to cut PhonePe stake by 12% in IPO, Tiger Global and Microsoft to exit

Walmart will trim its stake in PhonePe by ‌about 12% in the Indian payments firm's much-anticipated initial public offering, while Tiger Global and Microsoft plan to exit their stakes, according…

21Jan

O’Leary says any Ryanair stake would beat Musk’s X returns

Dublin: Elon Musk can't buy Ryanair, but any investment would do better than his returns from X, the airline's boss Michael O'Leary said on Wednesday, in the latest round of…

07Jan

Barclays buys stake in U.S. stablecoin firm Ubyx, eyes new digital money

Barclays has bought a stake in U.S. stablecoin-settlement company Ubyx, its first such investment and part of its plans to explore "new forms of digital money", the British bank said…

31Dec

SoftBank completes $41bn OpenAI investment, takes 11% stake

SoftBank Group announced that it has completed a $41 billion investment in OpenAI, one of the largest-ever private funding rounds, which will give the Japanese firm a stake of approximately…

27Dec

Nestlé Sees L’Oréal Stake as Financial Investment, CEO Says

Nestle views its stake in L'Oreal as a financial investment, and while it is regularly reviewed, there is nothing new to report on the matter, Nestle CEO Philipp Navratil was…

27Dec

TCIM Takes Stake in Target, Ramping Up Pressure on Struggling Retailer

Activist investor Toms Capital Investment Management (TCIM) has made a significant investment in Target, the Financial Times reported on Friday, intensifying pressure on the struggling retailer after years of lagging…

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