Stake

Soya Concept, founded in 2002 by Thomas Viller, Torben Brodersen and Viggo Jensen, sells fashionable, value-priced women’s clothing to more than 1,000 independent clothing retailers across Scandinavia, Benelux and Germany.Read more...

Star India is planning to sell its 26% stake in Balaji Telefilms by the end of this month. Both partners will not renew their exclusivity agreement after the stake sale. 5-6 companies are in race to buy Star’s stake in Balaji Telefilms. Stake sale will trigger mandatory open offer for additional 20% stake which should be above acquisition price. Star is holding current 26% stake through Asian Br

By: musicwhiz On July 3, 2008, I increased my stake in Pacific Andes at an attractive price of 44 cents per share, thereby taking advantage of Mr. Market’s manic and depressive mood swings. Below are a list of reasons (including some risk factors outlined) which underlie my decision to purchase more of this company. This move [...]

Ha Long Canned Food Joint Stock Corporation said big shareholder Goldchurch Limited registered to sell all of its 7.65% stake, equal to 382,320... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

After acquiring a stake in Air Deccan last year, UB Group chairman Vijay Mallya is all set to expand his wings further in the domestic aviation space. According to sources, now Mallya is eyeing a stake in low-cost carrier (LCC) SpiceJet.Last year when Kingfisher Airlines took a 26% stake in Air Deccan, Mallya had evinced interest in picking up a stake in SpiceJet but things did not move forward. "

Bahrain-based Acacia Real Estate has acquired a 50 per cent stake in three internationally branded five-star hotels in Thailand.The company has bought the shares through a joint venture with Meridia Capital, a Spain-based private equity group, and Capital Hospitality Group, a specialised hotel investment firm.The deal is projected to generate a rate of return for investors in excess of 20pc per an

Mauritius is set to buy the British Airways stake in their national airline after British Airways entered into an agreement to sell its 10.5% share in Air Mauritius for GBP3.2m. The historic moves will see an end to The British carrier’s stake in the company something it has been part of since 1973.

Indonesia’s Bakrie group plans to buy a 10-15 percent stake in PT Indosat Tbk, the country’s second-largest mobile phone firm, in the open market, sources familiar with the deal said.The plan comes as Qatar Telecom (Qtel), which this month increased its stake in Indosat to 40.8 percent, confirmed that it would offer to buy the remaining shares in Indosat at 7,388 rupiah apiece, or a total of $

Tata Communications is acquiring a 30 percent stake from electricity provider Eskom and transport and logistics company Transnet, both government-owned firms. The deal will bring the total ownership of Tata Communications and Tata Africa Holdings in Neotel to 56 percent. VSNL, which is now part of Tata Communications, was an original shareholder in the consortium that acquired South Africa’s se

NEW YORK (AP) — NYSE Euronext said Tuesday it will pay 0 million for a 25 percent stake in Qatar’s Doha stock market, as the operator of the New York Stock Exchange moves to build a financial hub in the Middle East…. Related posts US energy chief: Low oil production drives price (0) Stocks end mostly lower as [...]

NEW YORK (AP) — NYSE Euronext said Tuesday it will pay 0 million for a 25 percent stake in Qatar’s Doha stock market, as the operator of the New York Stock Exchange moves to build a financial hub in the Middle East…. Related posts US energy chief: Low oil production drives price (0) Stocks end mostly lower as [...]

Advertising company WPP Group Plc. said its wholly-owned media investment management network GroupM has agreed to buy a 30 percent stake in 3 flagship media companies within Datviet VAC Group Holdings in Viet Nam. WPP said these include DatvietVAC Media Corp., a Vietnamese media investment management agency, Dong Tay Promotions Corp. ('DTP'), a promotions and content agency and TKL Corp. (TKL),

HSBC Holdings PLC (HBC) plans to raise its stake in 15%-owned Viet Nam Technological & Commercial Joint Stock Bank, or Techcombank, if the Vietnamese government allows, a senior bank official said Tuesday. "Of course, this will also depend on the timing and the price," Margaret Leung, global co-head of HSBC's... [[ This is a content summary only. Visit my website for full links, other content, a

SEATTLE/SAN FRANCISCO - When Yahoo Inc turned down the latest offer from Microsoft Corp this week, it walked away from $9 billion in cash and $1 billion a year in additional operating profit, Microsoft said on Friday.In an e-mail to employees, Microsoft platforms and services division president Kevin Johnson said it had offered $8 billion for a 16 percent stake in Yahoo and $1 billion to buy Yaho

The final offer Microsoft made to Yahoo! this week which the beleaguered Internet search company spurned again would have given it $9 billion in cash and $1 billion a year in revenue sharing. Microsoft had offered $8 billion for a 16 percent stake in Yahoo! and $1 billion for its search business, Kevin Johnson, a key [...]

Rome - An Italian property group said Thursday it is in advanced talks to take a majority stake in Manhattan's landmark Flatiron Building - one of the first skyscrapers in America. The family-run Sorgente Group is trying to acquire a 32 percent stake, on top of the 20-percent interest it previously bought from property broker Newmark Knight Frank, the company which controls the building. Sorgente

Citigroup has opened talks with prospective bidders, including IBM Corp. for selling a strategic stake in its Mumbai-based captive business process outsourcing (BPO) arm Citigroup Global Services Ltd, earlier e-Serve International.While additional details of the stake sale plans weren’t available, based on current annual revenue estimates ranging from $300 million to $400 million (Rs1,230 cror

Viet Nam Airlines recently was licensed to sell its 10-20% stake to foreign strategic shareholders, leading to the state holding in the firm at 70-80%. The carrier's equitisation process is under the method of keeping the state's current holding and issuing extra shares to hike chartered capital. Currently, Viet Nam... [[ This is a content summary only. Visit my website for full links, other co

Tuong An Vegetable Oil Joint Stock Company said on the exchange’s website Huynh Tuan Phuong Mai, its former chief executive officer, would reduce his stake by half to the equivalent of 0.32% of the company’s stock. He will begin selling 60,745 shares June 16. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Deutsche Bank Aktiengesellschaf & Deutsche Asset Management Ltd. raised its holding in seafood trader Nam Viet Corp. to 5.04% from 4.98% by buying 38,680 shares, according to the exchange’s report on its website Thursday. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Petrolimex Gas Joint Stock Corp., which has interests in petroleum and petrochemical downstream sectors, announced Tran Van Thinh, a director, will raise his holding from 23,370 shares to 30,000 by buying the shares before June 22. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

LAHORE: The Head of Pakistan Muslim League (N), Mian Nawaz Sharif has said that President Musharraf has been misguiding the nation by saying that he had sent Justice Iftikhar Muhammad Chaudhry iBeginShare.attachButton('share-tool-1121291883', {title: 'Sovereignty to be at stake, if nation doesn', link: '-to-be-at-stake-if-nation-doesnt-awaken-nawaz-sharif/', content: '

Ranbaxy founders Malvinder Singh and Shivinder Singh would inked a deal to sell their combined 34.8% stake to Japanese drug maker Daiichi Sankyo at Rs 737 a share.Daiichi also seeks to acquire majority of the voting capital of Ranbaxy. The total transaction value is expected at about Rs 14740 crore to Rs 19800 crore depending on the response to a mandatory 20% open offer which Daiichi will be maki

Malaysia's largest commercial bank, Malayan Banking Bhd (Maybank) has no plans to buy another bank this year but remains keen on increasing its stake in Viet nam's An Binh Commercial Joint Stock Bank (ABBank), its top official said, local media reported on Wednesday. Maybank is not deterred by the current... [[ This is a content summary only. Visit my website for full links, other content, an

The Aditya Vikram Birla group-controlled Idea Cellular is set to acquire BK Modi's 40.8% stake in Spice Communications for around Rs 2,200 crore. According to inside sources, the two companies have finalized the deal between Rs 77 and Rs 78 per share, a premium of 45% to Monday’s closing share price of Rs 53.20. The deal values Spice Communications at Rs 5,347 crore. The company is likely to mak

Pharmaceutical firm Zydus Cadila has acquired 70 per cent stake in South Africa-based generic firm Simayla Pharmaceuticals for an undisclosed amount. The remaining 30 per cent stake would be held by the promoter of Simayla Pharmaceuticals, Ben Classen, who would continue to head the firm's operations. The acquisition was carried out through its wholly owned subsidiary Zydus Healthcare SA PTY Ltd a

The Jakarta Post, Singapore Technologies Telemedia (STT) Pte Ltd, a subsidiary of Temasek, and Qatar Telecom (Qtel), announced Saturday their joint subsidiary, Asia Mobile Holdings (AMH), would sell its 40.8 percent stake in PT Indosat to Qtel.However, the Business Competition Supervisory Commission (KPPU) said that the deal could violate a Jakarta district court ruling which required a buyer to a

Singapore Technologies Telemedia (STT), a wholly-owned unit of state-linked investment firm Temasek Holdings, has sold off its interest in Indonesian telecom firm PT Indosat to business partner Qatar Telecom, the company said.Qatar Telecom will pay 1.8 billion US dollars for the 40.8 percent stake in PT Indosat held by Asia Mobile Holdings, a joint venture firm between the Qatari outfit and STT, t

Doan Xa Port Joint Stock Company (coded DXP) said on the HCM City Stock Exchange’s website that its deputy chairman Vu Tuan Duong raised his stake in the company to 0.366 percent from 0.314% through buying 2,700 out of 5,000 shares he registered to buy. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Binh Minh Plastics Joint Stock Company (coded BMP) bought a 29% stake in Da Nang Plastic Joint Stock Company (coded DPM), 650,000 shares, according to a report on the Ho Chi Minh City Stock Exchange’s website. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Song Da Urban & Industrial Zone Investment and Development Joint Stock Company, known as Sudico, said Deutsche Bank AG London cut its holdings in the firm from 5% to 4.98% by selling 6,600 shares. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Steel maker Hoa Phat Group shareholder Ta Quang Huy sold his 0.003 percent stake, some 4,000 shares, to the firm’s finance manager Ta Thi Thu Hien, the Ho Chi Minh Stock Exchange said on its website Tuesday. Before the purchase wrapped up on May 9, Hien had held a 0.017 percent stake in her company, or 22,400 shares. [[ This is a content summary only. Visit my website for full links, other con

Lighting Dien Quang Joint Stock Company has informed the exchange that Sacombank Securities Inc. has sold 211,230 Dien Quang shares to reduce its holdings in the light manufacturer from 5.26% to 3.9%. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Daewon-Thu Duc Housing Development Joint Stock Company, a Korean-Vietnamese firm, boosted its holdings in the Petroleum Mechanical Joint Stock Company from 17.17% to 19.51% by purchasing 121,830 shares, according to the exchange’s website. The Vietnamese firm manufactures tanks and constructs gasoline filling... [[ This is a content summary only. Visit my website for full links, other content,

Punj Lloyd has acquired a 74 per cent stake in UK firm Technodyne International Ltd for an undisclosed amount. Technodyne is a specialist engineering, design and consultancy company specialising in large scale cryogenic and high pressure tanks. [Source]

California's June 3rd Primary has more at stake than many people realize. This election will determine if we will continue to have a Legislature that passes laws supporting equal rights for the GLBT community. In this election season California will be losing 20 pro gay marriage votes in the Legislature due to term limits. Some of those retiring lawmakers are our best GLBT supporters. That is

Wealth-Bulletin.com Bank Hapoalim has acquired a 50.01% stake of Nuverse Advisors, a New York-based wealth manager, for an undisclosed sum. NuVerse offers personal wealth management services to high net worth individuals through offices in the US, Latin America, and Europe, according to a statement from Bank Hapoalim. 'The acquisition of 50.01% of NuVerse is another clea

Minh Phu Seafood Joint Stock Company said its deputy general director, Chu Thi Binh, boosted her holdings to 23.16% from 22.80% by buying 249,690 shares out of the one million she had originally announced she would buy between February 28 and May 28, according to the exchange. She now plans to buy the remaining... [[ This is a content summary only. Visit my website for full links, other content,

Viet Nam Emerging Equity Fund Ltd.’s stake in Sao Ta Food Joint-Stock Company was diluted to 7.57%t from 8.67%, the Ho Chi Minh City Stock Exchange said on its website Friday. The dilution was a result of the foodstuff company issuing new shares on May 21. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The new oil - Water Piece by piece, a 5,500-mile wall around the Great Lakes is going up. You can't see it, but construction is progressing nicely, along with an implied neon sign that flashes, "Hands off -- it's our water." Tuesday when Wisconsin Gov. Jim Doyle finalized his state's approval of the so-called Great Lakes Compact, a multistate agreement designed to protect and restrict access

Pacific Star increases stake in Prime REIT to 50% - Singapore SINGAPORE : Singapore-based real estate investment house Pacific Star Group has agreed to buy the 25 percent stake held by MEAG Munich Ergo Asset Management in Prime REIT Management Holdings. Prime REIT owns 100 percent of listed Macquarie Pacific Star Prime REIT Management. It is also [...]

JSM Indochina Ltd., the Viet Nam and Cambodia property fund whose shares trade in London, said Qatar's sovereign wealth fund bought 14.2 million shares representing a 5.74% holding. The Qatar Investment Authority ranks behind shareholders including JSM Chief Executive Officer Craig Jones with 13.3%, Lehman Brothers Holdings Inc. with 12% and Swiss Re with 6.5%, JSM said in a statement e-mailed

Ho Chi Minh City Petroleum One-member Ltd., known as Saigon Petro, has bought 60,000 shares in Thu Duc Trading and Import-Export, boosting its stake in the company to 8.6% from 7.1%, said a Thu Duc statement on the exchange’s Web site. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Singapore’s Deutsche Asset Management has raised its stake in PetroVietnam Drilling and Well Services (PVD) from 4.97% to 5.06%, the Ho Chi Minh Stock Exchange said on its Web site Tuesday. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Bangalore, May 25 (IANS) The Bharatiya Janata Party (BJP), which has fallen short of a majority in the Karnataka assembly by one or two seats, will meet Governor Rameshwar Thakur Monday to stake claim to form the government, chief minister-designate B.S. Yediyurappa said Sunday. The newly elected legislators of the party will meet Monday to formally [...]

FII stake holding witness a steady and step increase in stock counterslike Rajesh Exports(cmp : Rs95.20) and Core Projects andTechnologies(Rs208). Both are currently trading at attractive price.Rajesh Exports witness a FII holding of 17% as of 31-mar-08, nearly10.3% increase in stake of rajesh export when compared to the FIIholding as on 31-Dec-07. Similarly FII has picked up nearly 6.7% inCore pr

Mainboard-listed Thomson Medical Centre has announced plans to buy into a hospital under construction in Viet Nam. Under the deal, its wholly-owned subsidiary has an option to subscribe for a 25% equity stake in Hanh Phuc International Women & Children Hospital Joint Stock Company. It has up to three-years from the start of the hospital's operations to exercise the option. The hospital is

This new comes as hardly a surprise to my readers: Dick Wessels wants an exit from Reggefiber (albeit somewhat early) and KPN is hoovering up another competitor. The question remains: what will the NMa (the Dutch FTC) say about it, even if it is 'only' a minority stake (with a call option). Getting the takeover of Tiscali NL approved was not so easy, I believe. A smart move by KPN. A truly

Leucadia (LUK), in a just released SEC filing disclosed it purchased an additional 1.15 million shares of investment bank Jefferies (JEF) in two transactions. There was a 400K block at $17.77 on 5/16 and a 750K share block on 5/19 at $18.27 The purchases bring Leucadia's stake to 45,492,100 shares. Filing Disclosure ("none" means no position):None ↑ Grab this Headline Animator Visit th

Educomp rose almost 4 percent today after the news hit the street that they bought 51 percent stake in learning.com , but as the marketr saw some see saw action it closed down by 33 rs.The Stake news is as follows. Educomp has acquired 51 per cent stake in Learning.com, and has invested a total of [...]

By SIBABRATA DASIndiantelevision.com Team (17 May 2008 5:30 pm) MUMBAI: Hyderabad-based Associated Broadcasting Company Pvt Ltd (ABCL), which operates under the TV9 brand, has acquired 51 per cent stake in Bengali news channel Kolkata TV in an all-cash deal.ABCL will have three directors on the board of SST Media, the company which owns Kolkata TV. The editorial control, however, will co

The governor of the State Bank of Viet Nam has approved the Export-Import Commercial Joint Stock Bank (Eximbank) proposal to sell 25% stake to four foreign investors, the State Bank of Viet Nam (SBV) announced on its website. Accordingly, Sumitomo Mitsui Banking Corporation (SMBC), Eximbank’s strategic investor, will... [[ This is a content summary only. Visit my website for full links, other

Leucadia (LUK) disclosed in an SEC filing last night that on May 14th they purchased an additional 68,100 shares of investment bank Jefferies (JEF) at $17.80 a share. This brings their total ownership to 44,342,100 shares Disclosure ("none" means no position):None ↑ Grab this Headline Animator Visit the ValuePlays Bookstore for Great Investing Books Enter your Email Preview | Powered by

VPBank is working to help Singapore-based OCBC complete procedures to raise OCBC's holdings in VPBank to 15%, the maximum stake allowed by law in a commercial bank by a single foreign strategic investor. Any interest held by a single foreign investor requires State Bank of Viet Nam approval. VPBank general director... [[ This is a content summary only. Visit my website for full links, other con

Kalimantan Gold Corp. Ltd. said it has signed an option agreement to acquire a 75 percent stake in each of five Indonesian companies each holding a single coal concession in Indonesia. Financial details of the deal were not disclosed. The gold exploration company said, pursuant to the agreement, it has an exclusive six-month period to conduct its due diligence, including carrying out a minimum

PetroVietnam Finance Corporation, known as PVFC, bought 834,250 shares in oil drilling firm PetroVietnam Drilling and Well Services to raise its holding to 7.21% from 6.36%, the Ho Chi Minh Stock Exchange’s Web site reported after the market closed on Wednesday. PVFC had planned to buy one million shares but canceled... [[ This is a content summary only. Visit my website for full links, other

In a just disclosed SEC filing Sears Holdings Chairman Edward Lampert disclosed that through his RBS Partners hedge fund he purchased shares in both Sallie Mae (SLM) and PHH Corporation (PHH) PHH Corporation (PHH) is an outsource provider of mortgage and fleet management services. The Company operates in three segments: Mortgage Production, Mortgage Servicing and Fleet Management Services. PHH's

On Friday, Leucadia (LUK) added 318,422 shares of investment bank Jefferies (JEF) at $17.98 a share. It bring Leucadia's total ownership to 44,274,000 shares. The shares were purchased by their wholly owned subsidiary, Baldwin Enterprises. Disclosure ("none" means no position):None ↑ Grab this Headline Animator Visit the ValuePlays Bookstore for Great Investing Books Enter your Email

Singapore’s GIC buys 11% stake in AEI for US$400m The Government of Singapore Investment Corp (GIC) has bought an 11% stake in US-based energy infrastructure firm AEI for US$400 million. AEI said GIC Special Investments Pte Ltd, the private equity investment arm of GIC, made the equity investment in AEI by purchasing shares from AEI and some [...]

MANILA, May 12 - State-owned Philippine National Oil Co said it will not exercise its preemptive right on the $550 million sale of Saudi Aramco's 40 percent stake in oil refiner Petron to investment... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

China's Huawei May Sell a Stake Abroad.HONG KONG -- Huawei Technologies Co. is considering the sale of a multibillion-dollar stake in its mobile-devices division to a foreign investor that could help the closely held Chinese telecommunications-equipment maker navigate the North American market, according to people familiar with the situation. The sale, which could rank among the largest foreign i

Reuters - Britain's Carphone Warehouse will sell a 50 percent stake in its retail unit to U.S. electronics chain Best Buy for 1.1 billion pounds ($2.2 billion) and they will launch a new company to expand across Europe.

KUALA LUMPUR, May 8 - Malaysia's state pension fund is looking to sell another 5 percent stake in Malaysia's fourth-largest lender, RHB Capital Bhd , to a strategic investor, the Star newspaper said... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Leucadia (LUK) is buying more share in global investment bank Jefferies Group (JEF). Between 5/1 and 5/5 in three transactions, Leucadia added an additional 2,153,092 shares at between $19.58 & $19.99 a share They now own 42,352,196 shares or 31.9% of the outstanding total. Jefferies Group, Inc., along with its subsidiaries, operates as a full-service global investment bank and institutional securities firm serving companies and their investors. The Company offers these companies capital... Continued at Todd Sullivan's ValuePlays

Mumbai, May 5 (IANS) Adlabs Films Limited, part of the Reliance Anil Dhirubhai Ambani Group, has entered into an agreement for acquisition of majority and controlling interest in Malaysia-based Lotus Five Star Cinemas.

SAN FRANCISCO (MarketWatch) — Investment managers of State Street Corp.’s State Street Bank & Trust Co. reported a passive 6.9% stake in bond insurer Ambac Inc. , according to a Securities and Exchange Commission filing on Monday. The filing said that a State Street managed investment fund had just over 7 million shares of Ambac. The holding was reported [...]

Standard Chartered Bank has increased its stake in Asia Commercial Bank to 15%. Standard Chartered acquired a 6.16-per-cent interest from the International Finance Corporation (IFC), raising its holdings from 8.84% to the maximum of 15% allowed to be held by a single foreign strategic investor. Under the deal, the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The Prime Minister has allowed the Viet Nam Coal and Minerals Group (TKV) to established joint stock companies with foreign investors holding maximum 40 percent of stake. A document was issued on May 2 providing PM’s instructions on investment mechanism in projects with foreign partners’ participation to explore bauxite and produce alumina in the Central Highlands and explore bauxite in southern

Korea Development Bank’s KDB Capital Corporation raised its stake in a Vietnamese financial leasing company to 60% from 37.7% to expand its business in the country. KDB bought the additional stake in Vietnam International Leasing Company from Industrial & Commercial Bank of Viet Nam, the country’s fourth biggest... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Tata Steel, India's biggest steelmaker, Essar Steel and BlueScope Steel are seeking to buy a stake in Indonesia's state-owned producer of the metal, an official from the Southeast Asian nation said. The three companies, along with ArcelorMittal, the world's biggest steelmaker, have sent letters expressing their interest in buying a stake in PT Krakatau Steel, Ansari Bukhari, director general of metal, machinery, textile and miscellaneous industries at Indonesia's industry ministry, said in Jakarta.A larger partner will help Krakatau Steel gain expertise and double capacity to 5 million metric tonnes a year, Bukhari said. Overseas steelmakers and Krakatau may benefit from rising demand for the metal in Asia's third-most populous nation as the lowest interest rate in three years boosts deman

Standard Chartered Plc, the U.K. bank that makes most of its profit in Asia, raised its stake in Asia Commercial Joint Stock Bank (ACB) to fifteen per-cent to tap growth in Viet Nam. The London-based bank bought an additional 6.16% of shares and 7.10% of convertible bonds from International Finance Corp., the company... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

The company began as an offshoot of the Agusta aviation company which was formed by Count Giovanni Agusta in 1923. It had its ups and downs but become prominent in the 1990s after being purchased by Cagiva. Nowadays MV Agusta is in a somewhat trouble with its finances. It has not been able to develop new [...]

The9 buys minority stake in G10GamesIndustry.biz, UK - 46 minutes agoThe Chinese online games operator, who holds the license for World of Warcraft, Hellgate: London and FIFA Online 2, bought the minority stake for an equity … Written by Google Inc. and Powered by WordPress

Reliance Industries Ltd (RIL) is set to acquire majority stake in an oil block in Peru. The company is understood to have recently inked an agreement with Pan Andean for acquiring stake in Block 141 in Peru. The company is presently seeking necessary approvals from authorities in Peru. Pan Andean Resources explores and produces oil and gas in South America and the Gulf of Mexico. Indications are that RIL is likely to acquire 90 per cent stake. Block 141 in the Lake Titicaca area of Peru is a large oil exploration play. RIL has been pursuing contracts for farm-in activities in two oil blocks in Peru. (Under Farm In practice, a company does not acquire the property directly, but rather develops the oil and natural gas properties by taking participating interest in the block)Reliance already

Hanoi Post and Telecommunication Construction and Installation Joint-Stock Company (Hacisco) shareholder Robert Alexander Stone raised his stake to 6.09% from 5.9% on April 18. Stone boosted his stake by buying 10,000 shares, the Ho Chi Minh Stock Exchange reported on its website. Last month he bought a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Goldman Sachs acquired 8.16% stake in New Delhi Television (NDTV), last week, reports Business Lines.The global firm has acquired the stake when an open offer by the company is going to start shortly. It was scheduled to start on February 12 and close on Mar. 3, 2008 but has been delayed.At the end of last year, Prannoy Roy and his wife Radhika Roy, promoters of NDTV, announced an open offer to acquire 20% equity stake of the company for Rs 438.98 a share, worth Rs 5.50 billion.The open offer followed the promoters` acquisition of 7.73% stake from GA Global Investments in December. Prannoy Roy bought the stake of 4,836,000 shares from the PE Fund. This increased the stake of the promoters to 61% from 53.3% the company.Shares of NDTV declined Rs 4.25, or 1.01%, to end at Rs 416.5. The total

<!-- the drop cap --> Stake-off the Witch were officially born in September 2002, from an idea of Stefania (voice and guitar) and Caterina (bass guitar). The band is 50% male and during the following three years its male components will be frequently changed. Anyway, even with these sudden changes, during Spring-Summer of 2004, the first demo composed by eight tracks, quite "unripe", sung with

The brother of two Saigon Securities Incorporation executives has increased his stake in SSI, Viet Nam’s largest brokerage. Nguyen Manh Hung, the brother of general director and chairman Nguyen Duy Hung and deputy general director Nguyen Hong Nam, bought 100,000 shares to raise his stake to 1.74% from 1.67%,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Dr Pham Huy Hung, chair of Vietinbank director board recently revealed his bank�s IPO plan in the following interview. Excerpts: Can you please detail the IPO plan of Vietinbank? Our bank gives high priorities for making the financial strength healthy. Since 2002, in the bank's development orientation, we have... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Citigroup's real estate arm is set to invest around Rs 400 crore ($100 million) in Bangalore-headquartered Golden Gate Properties for about 10% stake, sources said. The deal is expected to value the tier-II real estate firm at a little over $1 bi1 Vote(s)

The company made this announcement during trading hours today, 17 April 2008.Meanwhile, the BSE Sensex was up 251.66 points, or 1.55%, to 16,495.85, on positive cues from the global markets. US stocks vaulted higher on Wednesday, 16 April 2008, after Intel Corp, JPMorgan Chase & Co and other blue chips reported earnings that reassured investors worried that a weak economy would sap corporate profits.On BSE, 7.73 lakh shares were traded in the counter. The scrip had an average daily volume of 24.38 lakh shares in the past one quarter.The stock hit a high of Rs 154.90 and a low of Rs 151.10 so far during the day. The stock had a 52-week high of Rs 268.70 on 6 December 2007 and a 52-week low of Rs 75.60 on 19 April 2007.The large-cap scrip had outperformed the market over the past one month t

Providential Holdings, Inc., a company providing advisory, merger and acquisition services as well as independently investing in Vietnamese economic opportunities, today announced that its wholly owned subsidiary, IndoChina Mining Corp. (IMC), has entered an agreement with Phu Yen Mineral Joint Stock Company (Pymico)... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Citigroup’s real estate arm is set to invest around Rs 400 crore ($100 million) in Bangalore-headquartered Golden Gate Properties for about 10% stake, sources said. The deal is expected to value the tier-II real estate firm at a little over $1 billion....(read more)

CITIGROUP’s real estate arm is set to invest around Rs 400 crore ($100 million) in Bangalore-headquartered Golden Gate Properties for about 10% stake, sources said. The deal is expected to value the tier-II real estate firm at a little over $1 billion. This marks Citigroup’s back-to-back deals in the domestic real estate space in the [...]

On Monday and Tuesday this week Eddie Lampert added another 167,000 shares of AutoZone (AZO) at just under $118 a share to bring his total to 22.836 million shares. He now controls 36.6% of the outstanding shares. Disclosure ("none" means no position):None ↑ Grab this Headline Animator Visit the ValuePlays Bookstore for Great Investing Books This work is licensed under a Creative Commons Attribution 2.5 License. --> Enter your Email Preview | Powered by FeedBlitz Continued at Todd Sullivan's ValuePlays

Bill Ackman files a 13-D/A regarding his holdings in borders (BGP). From the 13D/A filed yesterday: "As of April 9, 2008, as reflected in this Amendment No. 7, the Reporting Persons are reporting beneficial ownership on an aggregate basis of 20,147,880 shares of Common Stock (approximately 28.8% of the outstanding shares). This includes warrants covering 9,550,000 shares of Common Stock (as further described below in Item 4). The Reporting Persons own cash settled, total return equity swaps... Continued at Todd Sullivan's ValuePlays