Trump’s Hush Money Trial Has Officially Begun. Here’s What’s At Stake
Jury selection began Monday in the first of former President Donald Trump’s criminal cases to go to trial, a case legal experts say is the weakest and most political but could nevertheless…
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 filing showed on Monday. (Reporting by Chavi…
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 ownership of Twitter shares valued at $1.89…
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 a compromise, Germany’s cabinet agreed to allow…
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 Brazilian cash-and-carry chain Assai as it looks…
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 company focused on craveworthy recipes, with over…
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 Company LLC” one of America’s fastest growing…
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 financial details. Energy Infrastructure Partners is a…
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 scrapped plans for an initial public offering…
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 software firm, which fell about 42% this…
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 that would boost its share price, a…
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 to reverse its sluggish performance, the Financial…
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 Italian eatery, The Sicilian Butcher Lehi, UT …
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 M6. M6 shares were down 4.1 percent…
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 $68 million on the conglomerate’s shares last…
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 Monday. “The obligation to notify is due…
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 oil sands project if the value of…
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 newspaper reported on Monday, citing unidentified market…
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 & Co.’s stake in television company Groupe M6,…
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 Parks REIT, India’s biggest real estate investment…
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 year spent $970 million to increase its…
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 automaker Mahindra’s renewable power assets, an exchange…
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 lender Vistaar Finance, two sources familiar with…
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 bailout more than a decade ago. Lindner,…
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 Biden’s remaining policy agenda. Republicans stand a…
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 for HK$450.83 million ($57 million), according to…
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