Buffett’s Berkshire sheds large portion of US Bancorp stake
(Reuters) – Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, said on Thursday it has shed more than 91 million US Bancorp shares …
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Berkshire trims stake in China’s BYD H-shares worth HK$560 million – filing
HONG KONG (Reuters) – Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 3.297 million Hong Kong-listed shares of electric vehicle maker …
Carl Icahn owns over 8% stake in beverage-can maker Crown Holdings -WSJ
(Reuters) – Carl Icahn has a more than 8% stake in Crown Holdings Inc, the Wall Street Journal reported on Wednesday, adding that the activist …
Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue” a report that they are in talks …
Jack Dorsey retains indirect stake in Twitter
(Reuters) – Twitter co-founder Jack Dorsey has retained an indirect stake in the social media company Elon Musk took private for $44 billion, a securities …
Saudi’s Kingdom Holding company to maintain Twitter stake
CAIRO (Reuters) – Saudi Arabia’s Kingdom Holding Company and the private office of Prince Alwaleed Bin Talal said on Friday that they will continue their …
Germany Gives China Nearly One Quarter Stake In Port After Vowing To Reduce Its Dependence On The Country
Germany Gives China Nearly One Quarter Stake In Port After Vowing To Reduce Its Dependence On The Country Micaela Burrow on October 26, 2022 In …
Casino’s potential stake sale in Brazilian Assai ‘saves some time’
By Juliette Portala (Reuters) -French retailer Casino said on Thursday it had launched a study for the potential disposal of part of its stake in …
Great Plains Capital Buys Stake in Toppers Pizza to Fund Growth Opportunities
Toppers plans to expand its franchisee network and satisfy pizza lovers in new communities across the country. Whitewater, WI (-) Toppers Pizza, the QSR Pizza …
Former Fortune 50 CEO Acquires Major Stake in The Peach Cobbler Factory
Louisville, KY (-) Lawrence R. (Larry) Johnston, Former Chairman & CEO of Albertsons Inc. has acquired a major stake in the “Peach Cobbler Factory Franchise …
Credit Suisse sells stake in EIP venture to management
ZURICH (Reuters) – Credit Suisse has sold its 30% stake in Energy Infrastructure Partners to EIP’s managing partners, EIP said on Friday without giving any …
Russia’s Sistema buys $256 million stake in Melon Fashion Group after scrapped IPO
MOSCOW (Reuters) -Russian telecoms-to-healthcare conglomerate Sistema agreed a $256 million deal for a stake in Melon Fashion Group on Wednesday, months after the retail outlet …
Salesforce shares jump on report that Starboard has taken a stake
(Reuters) – Starboard Value LP has taken a stake in Salesforce Inc, CNBC reported, citing the activist investment firm’s founder Jeff Smith. Shares of the …
Activist investor Starboard has sizable stake in Splunk
(Reuters) – Activist investor Starboard Value LP has a nearly 5% stake in Splunk Inc and plans to push the software maker to take steps …
Cevian slashes stake in Vodafone after calling for faster change -FT
(Reuters) – Europe’s largest activist investor Cevian Capital has slashed its stake in UK-based Vodafone as scepticism grows that the telecoms company will be able …
The Sicilian Butcher Sells Majority Stake to Savory Fund
After investing in Hash Kitchen in 2021, Savory Fund goes back for seconds with ‘The Concept King’ Joey Maggiore and wife Cristina Maggiore, and their …
Shares in French TV group M6 slump after RTL scraps plan to sell stake
PARIS (Reuters) – Shares in French TV company M6 slumped on Tuesday after Bertelsmann’s RTL Group scrapped a plan to sell its controlling stake in …
Buffett’s designated successor Greg Abel boosts Berkshire stake
By Jonathan Stempel (Reuters) – Greg Abel, who is next in line to succeed Warren Buffett as Berkshire Hathaway Inc’s chief executive, spent more than …
Franklin Resources has 5.7% Adecco stake – filing
ZURICH (Reuters) – U.S.-based investor Franklin Resources Inc controls a 5.7% voting stake in Swiss staffing group Adecco Group AG, a regulatory filing showed on …
Canada’s Teck eyes spinoff or divestment of Fort Hills oil sands stake
By Nia Williams (Reuters) – Canada’s Teck Resources said on Thursday it could pursue a spinoff or divestment of its stake in the Fort Hills …
Iberdrola hires Barclays to sell stake in Spanish renewable portfolio, Expansion says
MADRID (Reuters) – Spanish power company Iberdrola hired Barclays’ investment bank to sell up to 49% in a portfolio of Spanish renewable power projects, Expansion …
Courbit-led group offers 20 euros a share for M6 stake – Bloomberg News
(Reuters) – French media mogul Stephane Courbit and his investor partners are said to have offered 20 euros ($19) a share for Bertelsmann SE & …
Exclusive-Blackstone to sell $400 million stake in Indian REIT Embassy; ADIA eyes investment-sources
By M. Sriram, Aditya Kalra and Aditi Shah MUMBAI (Reuters) – Blackstone Inc will sell a stake worth up to $400 million in Embassy Office …
Walgreens to buy remaining stake in Shields Health for $1.37 billion
(Reuters) -Walgreens Boots Alliance said on Tuesday it would buy the remaining stake in specialty pharmacy company Shields Health Solutions for $1.37 billion. Walgreens last …
Canadian pension fund OTPP to buy 30% stake in India’s Mahindra renewables assets
MUMBAI (Reuters) – Canadian pension fund Ontario Teachers’ Pension Plan has agreed to buy a 30% stake for 23.71 billion rupees ($297.5 million) in Indian …
Warburg eyes 30% stake in Indian shadow bank Vistaar for $150 million – sources
By M. Sriram MUMBAI (Reuters) – New York-based private equity firm Warburg Pincus LLC is in talks to invest around $150 million in Indian small-business …
German finance minister damps speculation of sale Commerzbank stake
FRANKFURT (Reuters) – German finance minister Christian Lindner on Thursday sought to damp speculation about the government’s stake in Commerzbank that it acquired during a …
Explainer-What’s at stake in the 2022 U.S. congressional elections
By James Oliphant and Jason Lange WASHINGTON (Reuters) – Control of the U.S. Congress is at stake in November’s midterm elections, along with President Joe …
Berkshire trims stake in China’s BYD with 1.72 million H share sale -filing
SHANGHAI (Reuters) – Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 1.72 million Hong Kong-listed shares of electric vehicle maker BYD …
IKEA stores owner buys 49% stake in Swedish wind power projects
STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three …
Norway’s Equinor eyes sale of stake in Statfjord field, presentation shows
OSLO (Reuters) – Norway’s Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes …
South Korea’s Kakao drops plan to sell stake in taxi-hailing unit
SEOUL (Reuters) – South Korean tech conglomerate Kakao Corp said on Thursday it is no longer exploring plans to sell about 10% of unit Kakao …
TV station owner Nexstar to buy majority stake in CW Network
(Reuters) – Nexstar Media Group, the largest local TV station owner in the United States, said on Monday it will acquire a majority stake in …
SoftBank shares rise 5% on news of trimming Alibaba stake
TOKYO -Shares in SoftBank Group Corp rose 5% in morning trading in Tokyo on Friday after the Japanese conglomerate said it would book a $34.1 …
Credit Suisse investor Harris says stake increase reflects reporting change
ZURICH – Credit Suisse shareholder Harris Associates’ increased holding in the Swiss bank reflected an adjustment in how it reports stakes to the U.S. regulator, …
Deutsche Telekom CEO eyes majority stake in T-Mobile US
BERLIN – Acquiring a majority stake in T-Mobile U.S. is a priority for Deutsche Telekom’s chief executive Timotheus Hoettgas, he said on Thursday after the …
U.S. utility MDU Resources backs its strategy after Meister’s Corvex takes stake
By David French and Svea Herbst-Bayliss (Reuters) – MDU Resources Group Inc is confident in its current strategy, the company said on Tuesday, after activist …
Berkshire Hathaway boosts Occidental Petroleum stake above 20%
By Jonathan Stempel August 8 – Warren Buffett’s Berkshire Hathaway Inc bought more shares of Occidental Petroleum Corp, surpassing the 20% stake where it could …
Japan intends to keep stake in Sakhalin-1 oil project – industry minister
By Yuka Obayashi TOKYO – Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said …
Berkshire CEO-designate Abel sells stake in energy company he led for $870 million
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren …
S.Korea’s Hyundai Motor Group plans to raise stake in startup – report
SEOUL – South Korea’s Hyundai Motor Group plans to ramp up its stake in a local startup specialised in autonomous driving technology and invest about …
Activist Investor Elliott builds stake in PayPal – Bloomberg News
(Reuters) -Activist investor Elliott Investment Management is building a stake in PayPal Holdings Inc, as it plans to push the fintech giant to ramp up …
‘Life On Earth Is At Stake’: CNN Correspondent Suggests Biden Use Military To Produce Electric Vehicles
‘Life On Earth Is At Stake’: CNN Correspondent Suggests Biden Use Military To Produce Electric Vehicles Laurel Duggan on July 26, 2022 CNN correspondent Bill …
Florida Dem Governor Candidate Vowing To Legalize Pot Owns Huge Stake In Dispensary Chain, Filings Show
Florida Dem Governor Candidate Vowing To Legalize Pot Owns Huge Stake In Dispensary Chain, Filings Show Gabe Kaminsky on July 13, 2022 A Democratic Florida …
Explainer – Inflation to nuclear power: What’s at stake in Japan’s election
By Elaine Lies TOKYO – Japan will vote in upper house elections on Sunday that have implications for Prime Minister Fumio Kishida’s grip on the …
Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake
By Jonathan Stempel and Akriti Sharma (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, …
GUNASEKARA: SCOTUS Drove A Stake Through The Heart Of Bloodsucking Bureaucracies
GUNASEKARA: SCOTUS Drove A Stake Through The Heart Of Bloodsucking Bureaucracies Mandy Gunasekara on July 1, 2022 For too long the regulatory state has run …
Costco buys remaining stake in Taiwan joint venture for $1.05 billion
(Reuters) -Costco Wholesale Corp said on Thursday it bought the 45% stake it did not already own in its Taiwan joint venture, Costco-Taiwan, for $1.05 …
Kazakh tycoon gives up stake in major oil trader
NUR-SULTAN – Kazakh billionaire businessman Timur Kulibayev has handed to the state energy company his stake of 49% in Petrosun, a large oil and oil …
Toyota cuts stake in Uber by half, looks to maintain ties
(Reuters) – Japan’s Toyota Motor Corp has cut its stake in Uber Technologies Inc by about half after the ride-hailing giant divested the autonomous driving …