stake

Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report
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Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report

A statue of George Greatest, Denis Legislation and Bobby Charlton standing exterior Outdated Trafford, residence of Manchester United in Manchester, England. Mike Hewitt | Getty Pictures Sport | Getty Pictures LONDON — Manchester United will subsequent week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake within the soccer membership, Sky News … Read more

Daryl Hall is suing John Oates over plan to sell stake in joint venture. A judge has paused the sale
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Daryl Hall is suing John Oates over plan to sell stake in joint venture. A judge has paused the sale

NASHVILLE, Tenn. (AP) — Daryl Corridor has sued his longtime music associate John Oates, arguing that his plan to dump his share of a three way partnership would violate the phrases of a enterprise settlement the Hall & Oates duo had solid. The transfer shortly prompted a choose to quickly block the sale whereas authorized … Read more

Jack Ma halts plans to cut his Alibaba (BABA) stake after shares drop
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Jack Ma halts plans to cut his Alibaba (BABA) stake after shares drop

Jack Ma, founder and govt chairman of Alibaba Group in Shanghai China on Dec. fifth, 2017. Justin Solomon | CNBC Alibaba founder Jack Ma held off on plans to trim his stake within the Chinese language e-commerce large after the share value fell. Ma has not offered a single share, Alibaba’s Chief Individuals Officer Jane … Read more

McDonald’s increases minority stake in China business
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McDonald's increases minority stake in China business

Prospects wait for his or her takeout meals outdoors a McDonald’s restaurant through the Might Day vacation on Might 1, 2022 in Beijing, China. VCG | Getty Pictures McDonald’s is shopping for Carlyle’s stake in its China enterprise, growing its minority share from 20% to 48% possession. The fast-food large bought off management of its … Read more

Activist investor ValueAct has been building a stake in Disney
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Activist investor ValueAct has been building a stake in Disney

Disney CEO Bob Iger talking with CNBC’s David Faber on the Allen&Co. Annual Convention in Solar Valley, Idaho. David A. Grogan | CNBC ValueAct Capital has taken a major stake in Disney (DIS) and has been in dialogue with Disney’s administration, the Activist Spotlight has realized. It is a new stake not beforehand disclosed in … Read more

Disney to buy remaining Hulu stake from Comcast
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Disney to buy remaining Hulu stake from Comcast

Rafael Henrique | SOPA Photos | LightRocket | Getty Photos Disney stated Wednesday that it had agreed to purchase Comcast‘s one-third stake in streaming service Hulu, a long-expected outcome. Disney stated it expects to pay Comcast’s NBCUniversal about $8.61 billion by Dec. 1, reflecting the assured minimal worth of $27.5 billion for the streaming service … Read more

China’s ‘Big Four’ banks rally after state wealth fund boosts stake
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China's 'Big Four' banks rally after state wealth fund boosts stake

Financial institution of China is likely one of the main state-owned banks in China. Pictured here’s a department in Shanghai on March 27, 2023. Bloomberg | Bloomberg | Getty Photographs China’s sovereign wealth fund, Central Huijin Funding, elevated its stake in 4 of the nation’s largest banks late Wednesday in what’s seen as a transfer … Read more