News breaking out of Detroit and Italy this morning. Reports confirm that Fiat will be taking a 35% in Chrysler, while paying them nothing. Though not injecting cash, Fiat's partnership will allow Chrysler to use Fiat's technology and platforms, giving Chrysler a better chance to build smaller more fuel efficient vehicles.Chrysler CEO, Bob Nardelli, also points out that the Fiat deal could help
It’s one of the enduring oddities of American retailing: car dealers haggling over price with their customers.
There’s history here, of course. People bargained over horses. And since the proud beasts gave way to the horseless carriage, hardball negotiating between buyer and seller has continued on the car lot. The practice allowed salesmen (and most of [...]
Stake Your Claim Stable Your Claim Stable offers high end standardbred partnership opportunities. We use the best trainers and offer a higher class of horse. We aim to manage our horses to profitability. This strategy has allowed us to send out over 1,000 winners and earners of over $14 million in purses. Check us out at www.stakeyourclaimstable.com.Breed: StandardbredLocations: Ontario, New J
Deepak Parekh, Chairman, HDFC, said there is no change in Citi's holding in HDFC. He spoke to CEO Vikram Pandit recently and learnt that Citi is not selling HDFC shares. However, five to six investors have approached him, wanting to buy Citi's stake in HDFC, Parekh added. Yesterday, the US government moved to guarantee USD 300 billion in troubled Citi's assets and announced that it wil
TOKYO, Dec 19 - Goldman Sachs Group Inc said on Friday it would tender its stake in Sanyo Electric Co to Panasonic Corp, after Panasonic announced its offer to buy Sanyo shares for 131 yen...
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SINGAPORE (AFP) - - Singapore sovereign wealth fund Temasek Holdings will retain its 18.8 percent stake in Standard Chartered after subscribing to a rights issue, the bank said in a statement...
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Earlier in the summer, some words from Verizon chief Ivan Seidenberg led us all to believe that he wanted his firm to take full control of Verizon Wireless. Now, Vodafone CEO Vittorio Colao has made clear that his outfit had precisely zero plans to sell its 45% stake in VZW, though he did mention having an "open mind" about the future of said stake. Just in case that wasn't definitive enough for y
While awaiting a decision on a $25 billion U.S. government aid for the auto industry, cash-strapped General Motors decided to sell back its 3.0 percent stake in Suzuki Motor Cooperation for 22.37 billion yen or $230 million. Suzuki issued an official statement this morning saying that the purchasing price will be today's closing price of 1,363 Yen per share for GM's 16,413,000 Suzuki shares which
TAIPEI, Nov 19 - China's Bank of Communications wants to invest $100 million in Taiwan's Taishin Financial, as China and Taiwan work on a deal to boost investment between their financial sectors,...
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ABS-CBN Broadcasting Corp., through its unit ABS-CBN Global, has purchased five percent of global interactive website owner Multiply Inc. for $5 million in a bid to boost advertising revenues ahead of a projected economic slowdown next year, a company official said. ABS-CBN Broadcasting is looking at raising its stake in Multiply, the operator of the social networking website Multiply.com, to abou
The idea of counting bathroom sinks as an essential in the list of bathroom accessories may not be everybodys cup of tea. How many times have you seen a perfect bathroom with the sink playing central in shaping the aesthetics? I do believe that apart from regular bathroom furniture like vanity and cabinets, details like faucets and sinks and fine mirror and lights can be used to your ad
In a 13G filed with the SEC recently, Mexican businessman Carlos Slim has disclosed a 7.64% ownership stake in Bronco Drilling (BRNC). He now owns 2,200,000 shares of the company.Carlos Slim is a well-known Mexican businessman who amassed his wealth through telecom. He is known for his association with America Movil (AMX), Telcel, and Telefonos de Mexico (TMX) and was the second richest man in t
Indonesia's Bakrie & Brothers Tbk said it would raise $1.3 billion from the sale of a stake in coal miner Bumi Resources to repay debt, a move that may restore some confidence in the country's battered stock market. Bakrie & Brothers, which has interests in energy, property and telecoms, has been struggling to raise over $1bn to repay short-term debt amid global financial market turmoil.Co
In a 13G filed with the SEC last week, hedge fund Tontine Partners has disclosed their 6.16% stake in Myr Group (MYRG). This is a new position for them, as they previously did not show a stake in it as of June 30th in their most recent 13F filing. Jeffrey Gendell's Tontine Partners were -59.30% in September and are now -66.7% for the year. You can check out more hedge fund performance numbers t
In a recent filing with the SEC, hedge fund Tudor Investment Corp has disclosed they own a 1.2% stake in Jamba Inc (JMBA). They now own only 625,000 shares. Their stake has been drastically reduced from the 8,522,951 shares they previously owned back on June 30th as per their most recent 13F filing. This is the second filing in recent weeks that has shown Tudor selling off large chunks of stake
Automaker Porsche said Sunday it had boosted its stake in Volkswagen AG to 42.6 percent as part of its goal to take a majority hold in Europe's biggest car maker before the end of the year.Porsche Automobil Holding SE was already Volkswagen's biggest shareholder, with just over 35 percent, and said this month that its stake had increased, without giving an exact figure.Porsche said it wanted to an
Stefania voice and guitar Caterina bass guitar Fabio drums Icio guitar BH 052 Web: Download: 1. Game Over 2. Pussycat 3. So Hard 4. Palace Court, Flat 19 5. Something Bad (In My Head) 6. 1383 7. This Is Me
Reuters reported that TATA Motors is not in talks to buy Ford’s stake in Japan’s Mazda Motor Co.
Mr Debasis Ray spokesman of TATA Motors said that “There have been reports in the media that TATA Motors is among potential buyers for shares in Mazda Motors. TATA Motors clarifies that the report is incorrect.”
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Project today reported that TATA Motors’ subsidiary TATA Motors European Technical Center Plc has acquired 50.3% majority stake in Norway’s Miljo Grenland Innovasjon.
Miljo will produce electric vehicles based on TATA Motors’ products, besides manufacturing of state of the art super polymer lithium ion batteries and the development of related technologies.
The first such vehicle
To summarize this product in one word, these landscape stakes are wonderful! The first 100% biodegradable landscape tool on the market, these stakes are designed to replace the use of metal turf staples that are on the market today with a stronger and more eco-friendly alternative! They are a great “green” solution for the lawn care [...]
Ford is considering selling its controlling stake in Mazda after 30 years as an investor in the profitable Japanese car firm.The Blue Oval currently owns one third of Mazda, equating to shares worth $1.36 billion. The American car giant would use the capital raised from selling its stake to bolster its struggling operations back in the US.Both Mazda and Ford refused to clarify their positions toda
In a 13G filing made with the SEC on Wednesday October 8th, hedge fund Jana Partners disclosed that they have a 5.7% stake in Hayes Lemmerz (HAYZ). They now own 5,793,070 shares of HAYZ. This is an increase from their 4,509,248 shares disclosed in the previous filing which had disclosed positions as of June 30, 2008. Managed by Barry Rosenstein, Jana was founded in 2001 and typically employs ac
Saks Inc. (NYSE: SKS) may have gotten a better endorsement than if Warren Buffett or Bill Gates bought into the retailer. Mexican billionaire and the second...
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In a recent 13G filing made with the SEC, Bruce Kovner's Caxton Associates revealed their 5.2% ownership stake in Ferro (FOE). As of the date of the filing, they owned 2,276,526 shares. Previously, in their most recent 13F filing, they only owned 245,944 shares. So, as you can see, Caxton has significantly upped their stake in the company. You can view Caxton's most recent portfolio holdings h
In a 13G filing with the SEC, Tremblant Capital Group on Tuesday disclosed they own 1,758,311 shares of PDGI - PharmaNet Development Group, (formerly SFBC International). This represents a 9.0% ownership stake in the company. A 13G filing indicates passive ownership. This is a brand new position, as it was nowhere to be found in their most recent 13F filing where they disclosed their complete
In what is being termed a strategic alliance by Morgan Stanley (MS), Mitsubishi UFJ (MTU) on Monday 09/22/08, announced that it will purchase a 10-20% stake in Morgan Stanley (MS). Mitsubishi UFJ (MTU) will make the investment after completion of its due diligence and upon the closing, will elect a representative to sit on the Morgan Stanley [...]
Indian film producing company Mukta Arts has acquired 51 percent stake in the Chennai-based Coruscant Tec Pvt Ltd, a leader in the mobile value-added services sector.
Founded 30 years ago by Bollywood filmmaker Subhash Ghai, Mukta Arts has over the years diversified its portfolio into different fields of film trade, including filmmaking, distribution, exhibition and education.
Mukta [...]
The 9.7 Million dollar yearling Jalil went postward in the Waquoit Stakes at Suffolk Downs today. The 4 year old Storm Cat colt went off a heavy favorite, broke a bit tardily, and never appeared to be all that comfortable running finishing an even 3rd. Canadian champ Judiths Wild Rush got up to win and [...]
HONG KONG, Aug 28 - HSBC said on Thursday it will raise its stake in Vietnam bank Techcombank to 20 percent from 14.4 percent in a deal worth roughly $77.1 million.
By raising its stake, HSBC will...
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MANILA, Philippines - Jollibee Foods Corp., the country's largest operator of fast food chains, is set to acquire the entire stake of a chain of restaurants in China.In a disclosure to the Philippine Stock Exchange, JFC said it will be paying P2.5 billion for the entire stake of Hongzhuangyuan, which operates a total of 37 restaurants in China."Consistent with the initial agreement, the final agre
SEOUL - South Korean banks, led by state-owned Korea Development Bank, were in talks to buy a stake and management rights in Lehman Brothers but failed to reach a deal on concerns about the U.S....
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Charles Campion’s passion for food is only equalled by his love of cooking. In this book he introduces us to the recipes on which he has come to depend. From simple dishes like fiercely barbecued lamb to eye-catching creations like smart-looking salmon, this culinary delight presents a complete armoury of easy recipes for the busy [...]
Harbinger Capital Management recently disclosed a 4.9% stake in Cablevision (NYSE: CVC), the broadcasting empire that has been criticized for a its...
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Want to follow an investor who invests like the 1960’s Warren Buffett? Seth Klarman is that man. Out of all the “gurus” out there, Seth Klarman is the one who continues to baffle me with his stock picks.
Seth Klarman is known as an investor who keeps a low profile while heading the Boston based Baupost [...]
Google has taken a big hit from its $1 billion (£509.6 million) investment in Time Warner’s internet engine AOL. Google bought the 5% stake in AOL, its largest ad partner, in 2006, but the shareholding has provably halved in value since then. AOL has lost eight million subscribers in the past three years, leaving it [...]ShareThis
MUMBAI, Aug 5 - Television content provider Balaji Telefilms Ltd. is in talks with a consortium of investors to buy the 25.99 percent stake held by a unit of Rupert Murdoch's Star group, Mint...
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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...
The Minnesota Vikings may have made a big splash in the offseason by acquiring defensive lineman Jared Allen from Kansas City, but the team’s biggest asset is on the offensive side of the ball. The Vikings are not only the top-rated offensive line in their conference and division, but they might very well be the [...]
Vietnam's central bank has given permission to Southeast Asia Commercial Joint...
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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
Are you tired surfing the internet trying to find worthwhile casino games? Few gaming sites offer high prizes for minimum bets. Some people have biases on about online casinos. These people think that the real-world casinos are more credible than those that exist only as electronic packets of data. Online gambling, however, is not that radically different from the so-called real-world gambling. Ch
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...
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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 carriers 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….
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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….
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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...
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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
NTT DOCOMO to acquire a 30 percent stake in TM International (Bangladesh) Limited (TMIB), a mobile phone operator based in Dhaka, Bangladesh.Read more...
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...
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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.
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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.
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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.
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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
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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...
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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.
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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.
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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.
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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.
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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%.
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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...
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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...
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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.
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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.
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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.
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With only pride at stake, Deccan Chargers and Bangalore Royal Challengers will lock horns in a clash of the vanquished in their penultimate Indian Pr1 Vote(s)
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
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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