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- VW to acquire bigger stake in Porsche
- Volkswagen on Tuesday said it would buy 49.9 per cent in Porsche's sports car business by the end of the year, a larger stake than originally planned, as Europe's largest carmaker said that overall sales in the third quarter had been "very good".VW said that it had agreed with...
- External links 2009-10-20
- VW and BMW voice unease at Magna plans
- Magna's plans to take a majority stake in GM's lossmaking European arm Opel triggered a backlash yesterday when German carmakers Volkswagen and BMW voiced unease over the deal and warned that they would review their business relationships with the Canadian car parts supplier.Ferdinand Piëch, VW chairman, said that Europe's...
- External links 2009-09-15
- Yahoo sells $150m stake in China's Alibaba
- HONG KONG/SAN FRANCISCO, Sept 14 ? Yahoo is selling its 1.14 per cent stake in Chinese Internet marketplace Alibaba.com for about $150 million, nearly two years after the company went public.Yahoo still holds a 40 per cent stake in the unlisted parent company, Alibaba Group, and reiterated in a...
- External links 2009-09-14
- Brussels to pore over Magna deal
- The European Commission is to scrutinise German backing for the takeover of General Motors' European operations amid concern that planned job cuts could be influenced by political factors, hitting plants in the UK and Belgium disproportionately hard.Signalling that she would take a tough line on the issue, Neelie Kroes,...
- External links 2009-09-14
- GM opts for Magna in Opel deal
- General Motors on Thursday said its board had supported a bid by Canada's Magna International and Russia's Sberbank to buy a majority stake in its European Opel and Vauxhall business.The decision will see Magna and Sberbank take 55 per cent of the "new Opel", employees take 10 per cent...
- External links 2009-09-10
- O'Brien urges vote on Independent's future
- Denis O'Brien, the Irish businessman and second-largest shareholder in Independent News & Media, reignited a long-running feud with the board on Wednesday as he called for an extraordinary meeting to vote on the disposal or closure of The Independent and Independent on Sunday newspapers.Mr O'Brien, who owns a 26...
- External links 2009-09-02
- TeliaSonera bids for Baltic affiliates
- TeliaSoneralaunched a SKr4.9bn ($670m) bid yesterday to take full control of affiliates in Estonia and Lithuania, in spite of the economic turmoil in the Baltic countries.The Nordic telecoms operator is aiming to take advantage of reduced asset prices and cash-strapped minority shareholders to buy up remaining stakes in Eesti...
- External links 2009-08-24
- Centrica secures control of Venture
- Centrica, the UK's largest utility group, has taken a controlling stake in Venture Production, all but securing its £1.3bn takeover of the North Sea oil and gas producer. Centrica yesterday increased its total shareholdingVenture by 25.2m shares, to 48.4 per cent. Together with the more than 10 per cent...
- External links 2009-08-24
- GM delay to choosing Opel bidder irritates Berlin
- Germany's government has expressed irritation at General Motors' failure to decide on a preferred bidder for a controlling stake in Opel/Vauxhall, heightening the political stakes over the future of the European car manufacturing group.Angela Merkel, Germany's chancellor, told German television ZDF that she "regretted" GM's inaction and said a...
- External links 2009-08-23
- VW seals ?3.3bn Porsche deal
- Volkswagen is to pay ?3.3bn ($4.7bn) for a 42 per cent stake in Porsche's main production division, the two German carmakers said yesterday as they thrashed out more details of a move towards a full integration.In a move that will amount to a rescue of debt-laden Porsche, VW will...
- External links 2009-08-13
- CIC buys 20% stake in solar operator
- China Investment Corp said on Thursday it has bought a 20 per cent stake in GCL-Poly Energy, a Hong Kong-listed solar power plant operator, for HK$5.5bn (US$705m) as the sovereign wealth fund takes a bet on new energy.As part of the investment, CIC and GCL-Poly plan to set up...
- External links 2009-11-18
- Goldman's private equity arm plans to invest in Geely
- A private equity unit of Goldman Sachs is poised to invest around $250m in Geely Automobile Holdings, China's largest privately-owned car maker, according to a person familiar with the matter.Goldman Sachs Capital Partners will buy convertible bonds and warrants issued by Geely's Hong Kong-listed subsidiary. People familiar with the...
- External links 2009-09-20
Additional Resources
- ENDESA Restructures Its Brazilian Shareholdings
- MADRID, Spain -- The Board of Directors of ENDESA INTERNACIONAL, a subsidiary wholly-owned by ENDESA, S.A. (NYSE:ELE), has resolved to restructure its Brazilian shareholdings. To this end, it has started the process of incorporating a limited liability holding company registered in Brazil, called ENDESA BRASIL, S.A., to which it...
- Research articles 2005-05-25
- Finland's Aspocomp Oyj to sell shareholdings in China and India to new holding company
- NORDIC BUSINESS REPORT-9 November 2007-Finland's Aspocomp Oyj to sell shareholdings in China and India to new holding companyC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish technology group Aspocomp Group Oyj said on Friday (9 November) that it has signed an agreement according to which it will contribute its shareholdings in its...
- Research articles 2007-11-09
- A.M. Best Comments on the Proposed Acquisition of the Minority Shareholdings of AGF and Allianz Lebensversicherungs-AG by Allianz SE
- OLDWICK, N.J. -- A.M. Best Co. has commented that the financial strength rating of A+ Superior of Allianz Societas Europaea Allianz, AGF Group and Allianz Lebensversicherungs-AG remains unchanged following Allianz's intention to acquire the minority shareholdings in these two subsidiaries.
- Research articles 2007-01-18
- Qantas bid still in balance as institutions increase shareholdings
- SYDNEY AFP — The fate of an 8.9 billion US dollar takeover bid for Qantas remained in the balance Tuesday after two institutional investors unveiled significant shareholdings in the Australian airline. Deutsche Bank revealed Tuesday it had purchased an 8.4 percent stake in the airline, hot on the heels...
- Research articles 2007-03-26
- RADCOMs Chairman Expands Shareholdings Through Acquisition on the Open Market.
- M2 PRESSWIRE-29 May 2007-EXPLORATIONINVESTOR.com: RADCOMs Chairman Expands Shareholdings Through Acquisition on the Open MarketC1994-2007 M2 COMMUNICATIONS LTD RDATE:29052007 Exploration Investor strives to provide you with outstanding market results. We will be your number one resource for all your small and ...
- Research articles 2007-05-29
- ProvidenceEquity partners to take sole ownership of Kabel Deutschland; Apax Partners and Goldman Sachs Capital Partners to sell their shareholdings; Largest German cable operator well-positioned to successfully roll-out triple play services.
- M2 PRESSWIRE-12 December 2005-APAX PARTNERS: ProvidenceEquity partners to take sole ownership of Kabel Deutschland; Apax Partners and Goldman Sachs Capital Partners to sell their shareholdings; Largest German cable operator well-positioned to successfully roll-out triple play servicesC1994-2005 M2 COMMUNICATIONS LTD RDATE:12122005 ...
- Research articles 2005-12-12
- Revised Public Companies Act in Thailand to Limit Cross-Shareholdings.
- Bangkok Post, Thailand Knight Ridder/Tribune Business News May 2--Proposed amendments to the Public Companies Act will forbid subsidiaries of public companies from taking more than a 50 percent shareholding in their parents. Cross-shareholdings among public companies and their subsidiaries ...
- Research articles 2003-05-02
- Suez Lyonnaise Des Eaux and Compagnie De Saint-Gobain Sign Agreement to Unwind Cross Shareholdings
- PARIS--BUSINESS WIRE--May 6, 1998-- Cancellation of 6.2 million Suez Lyonnaise des Eaux shares planned...
- Research articles 1998-05-06
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