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equity stake

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Best First Steps in BPO-Exult & Bank of America
The article is about the success venture of Bank of America and Exult. Bank of America knew what it would take to ensure success when it decided to outsource its human resources functions. The article has the bottom-line story of the definitive steps they took upfront to find the right...
Tags: Pricing, Financial services, Investment, Bank of America Corp., equity stake, equity, pricing strategy, outsource, outsourcing, Human Resources, bank
White papers 2002-02-01

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OMEGA BUYS OUT 5MM-UNIT QUANTUM STAKE IN LINN ENERGY
New York-based face=+Bold; Omega Advisors Inc. face=-Bold; has purchased the 5.06 million units of face=+Bold; Linn Energy LLCface=-Bold; , Houston, (Nasdaq: LINE) held by private-equity investor face=+Bold; Quantum Energy Partners II LPface=-Bold; , Houston. The holding represented a 4.5% stake in the upstream MLP. The...
Articles 2008-12-17
Frontline Strategy's IIG Fund Takes 26% Stake in Shriram SEPL Composites
* Newly launched India Industrial Growth Fund's first investment in the SME space * Company will make next-generation GRP pipes to replace steel/concrete pipes * GRP pipes are used in water and sewage, and on-ground oil and gas pipelines * JV to combine Shriram...
Articles 2008-06-25
Cheapflights scraps IPO plans due to stock market volatility
Business News IN BRIEF *The online travel comparison group Cheapflights has scrapped plans for a float in a stock market shaken by the credit crunch. The firm has been looking at a stock market debut since hiring a bank to explore a possible initial public offering IPO...
Articles 2008-06-24
Cannasat Therapeutics Receives $1.12 Million From Divesture of Prairie Plant Systems Equity Position
Cannasat Therapeutics Inc. (the "Corporation") (TSX VENTURE: CTH), the developer of novel cannabinoid-based pharmaceutical products, announced today that it has reached an agreement to sell the Company's 12% equity stake in the privately-held, Saskatoon-based Prairie Plant Systems. The $1.12 million sale price is equal to the price Cannasat originally paid...
Articles 2008-06-23
SOUL
Eli 'Paperboy' Reed & the True Loves Roll With You Q DIVISION With credit getting crunchier and equity in a negative mood, what better to pick us all up than a soul revival: from Amy and Duffy to Sharon Jones and now Eli "Paperboy" Reed, a 24-year-old...
Articles 2008-06-22
BacTech Signs First Refractory Gold Project
BacTech Mining Corporation ("BacTech" or the "Company") (TSX VENTURE: BM) today announced that it has reached an agreement with Yamana Gold Inc. ("Yamana") (TSX: YRI)(NYSE: AUY)(LSE: YAU) to acquire its 33% stake in two refractory gold projects in Papua New Guinea ("PNG"). The balance of the ownership in the projects...
Articles 2008-06-18
Swedish investor MedCap AB divests minority stake in Niconovum AB
NORDIC BUSINESS REPORT-18 June 2008-Swedish investor MedCap AB divests minority stake in Niconovum ABC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Swedish private equity investor MedCap AB (OMX First North: MCAP) said on Wednesday (18 June) that it has agreed to sell its minority stake in the research and development company...
Articles 2008-06-18
Barclays will tap sovereign wealth funds to cover its capital needs
Barclays shares surged yesterday after Britain's third-biggest bank set out its intention to raise capital from strategic investors and surprised investors with an upbeat trading statement. Barclays said a new equity placing and a pre-emptive offer to existing shareholders were "under active consideration". In the open- offer...
Articles 2008-06-17
Rockefeller & Co. and SG Private Banking Announce Global Alliance. SG Private Banking purchases equity stake in Rockefeller Financial Services
PARIS and NEW YORK, June 17 /PRNewswire/ -- Rockefeller Financial Services, Inc., the parent company of Rockefeller & Co., Inc., a leading global wealth management firm, and SG Private Banking, the global wealth management arm of France's Societe Generale, today announced a global alliance. Under this alliance, Rockefeller...
Articles 2008-06-17
NTT DOCOMO to Buy Stake in Bangladeshi Mobile Operator
Tokyo, June 16, 2008 - JCN Newswire - NTT DOCOMO, INC. announced today that it will acquire a 30 percent stake in TM International Bangladesh Limited TMIB, a mobile phone operator based in Dhaka, Bangladesh, by directly acquiring all stock in TMIB held by A.K. Khan Co. Ltd. and its...
Articles 2008-06-16
China Direct, Inc. Set To Join Russell 3000 Index
DEERFIELD BEACH, Fla., June 16 /PRNewswire-FirstCall/ -- China Direct, Inc. , a U.S. company that owns controlling stakes in a diversified portfolio of Chinese entities and assists Chinese businesses in accessing the U.S. capital markets, is set to join the broad-market Russell 3000R Index when Russell Investments reconstitutes its...
Articles 2008-06-16
Cascal N.V. Announces Acquisition of Majority Stake in Zhumadian China Water Company
Acquisition will expand Cascal's presence in China to More Than 1.5 Million Residents LONDON, June 16 /PRNewswire-FirstCall/ -- Cascal N.V. ("the Company"), a leading provider of water services in seven countries, today announced that its China Water subsidiary has signed an agreement to acquire a 51...
Articles 2008-06-16
Verus Pharmaceuticals Announces Divestiture of Pediatric GI Development Program to Meritage Pharma
Spin-out of Program Allows Verus to Focus Solely on AstraZeneca Collaboration SAN DIEGO, June 16 /PRNewswire/ -- Verus Pharmaceuticals, Inc., a pediatric-oriented specialty pharmaceutical company, announced today that Meritage Pharma, Inc., a newly formed specialty pharmaceutical company, has acquired its pediatric gastrointestinal development program. Included in...
Articles 2008-06-16
ClearLight Partners, LLC Acquires Gold Canyon Mining and Construction
NEWPORT BEACH, Calif. -- Private equity firm ClearLight Partners announced today that it has acquired Gold Canyon Mining and Construction, a leading provider of construction and contract mining services in the western United States. The Company will continue to be managed by its existing management team. ClearLight Partners provided equity...
Articles 2008-06-16
3 BK directors resign as ownership stakes decline
MIAMI -- Three directors of Burger King Holdings Inc. have resigned effective June 30, reflecting their respective companies' diminished ownership stakes in the No. 2 quick-service brand. In conjunction with those moves, BK chief executive John Chidsey will become chairman of the board, downsized to 10 members. ...
Articles 2008-06-16
Knight Capital Group Releases May 2008 Volume Statistics
JERSEY CITY, N.J., June 13 /PRNewswire-FirstCall/ -- Knight Capital Group, Inc. today released U.S. equity volume statistics for the month of May 2008 on its website at http://www.knight.com/ourliquidity/volumestatistics.asp . About Knight Knight Capital Group, Inc. is a leading financial services firm that provides...
Articles 2008-06-13
ABI warns B&B shareholders 'at disadvantage'
The Association of British Insurers has attacked Bradford & Bingley for promising anti-dilution rights to Texas Pacific Group, the US private equity fund that is taking a stake in the beleaguered mortgage lender, despite allowing its existing shareholders' holdings to be diluted by the deal. Peter Montagnon,...
Articles 2008-06-12
Jones Apparel Group, Inc. Announces 50% Equity Stake in Rachel Roy, Fashion Brand
Enters into Joint Venture Agreement with Rachel Roy, Damon Dash and TSM Capital, LLC Opportunities to Expand Rachel Roy Brand NEW YORK, June 12 /PRNewswire-FirstCall/ -- Jones Apparel Group, Inc. ("Jones" or the "Company") today announced that it has formed a joint venture with...
Articles 2008-06-12
GE Becomes Majority Shareholder in Emerging Solar Technology Company
SCHENECTADY, N.Y. -- GE Energy today announced that it has increased its equity share in PrimeStar Solar, Inc., an emerging solar thin-film technology and manufacturing company. GE already held a minority equity share of PrimeStar Solar, as announced in September 2007. PrimeStar Solar, headquartered in Golden, Colo., was...
Articles 2008-06-11
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