News tagged with stake
Alibaba.com $2.5B privatization bid approved
(AP) -- Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's ...
May 25, 2012 |
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China fund may help Alibaba in Yahoo! bid: report
China Investment Corporation is in advanced talks to add up to $2 billion to the Alibaba Internet Group's efforts to buy back a stake from struggling Internet pioneer Yahoo!, the New York Times reported.
May 25, 2012 |
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Yahoo to sell half of its Alibaba stake for $7.1B (Update)
(AP) -- Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.
May 21, 2012 |
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News Corp takes stake in private China film group
US media giant News Corp. has taken a 19.9 percent stake in Bona Film Group, which calls itself the largest privately owned film distributor in China, the firms said.
May 16, 2012 |
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Facebook co-founder Saverin gives up US citizenship
One of Facebook's co-founders, Eduardo Saverin, who stands to make a bundle in the social network's share offering has renounced his US citizenship, records showed.
May 11, 2012 |
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Yahoo CEO apologizes for bogus college degree
(AP) -- Yahoo CEO Scott Thompson is sorry for allowing an inaccuracy about his education to appear in his official bio, but not remorseful enough to heed calls for him to resign.
May 08, 2012 |
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IBM raises dividend, approves stock buyback
(AP) -- IBM Corp. is raising its quarterly dividend and repurchasing $7 billion more of its stock under a new buyback program.
Apr 24, 2012 |
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Abu Dhabi gets full ownership of chip manufacturer
(AP) -- A microchip manufacturer controlled by the Abu Dhabi government says it has reached an agreement to acquire a minority stake held by former owner Advanced Micro Devices.
Mar 05, 2012 |
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Air France-KLM sells Amadeus stake for 467 mln euros
Air France-KLM sold half its stake in Spanish group Amadeus, a technology provider for the airline and travel industries, but will keep the rest for at least three months, the Franco-Dutch carrier said on Thursday.
Mar 01, 2012 |
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Alibaba.com shares surge on privatization bid
(AP) -- Shares of Alibaba.com rocketed on Wednesday after the Chinese e-commerce site said its parent company made a $2.5 billion privatization bid as part of a shift in business strategy that also includes plans to buy ...
Feb 22, 2012 |
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China e-commerce firm Alibaba in privatization bid
(AP) -- Alibaba.com's parent company wants to take the Chinese e-commerce company private for $2.5 billion, the firms said Tuesday, part of a shift in business strategy that also includes plans to buy back a stake from Yahoo ...
Feb 21, 2012 |
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S. Korea's SK Telecom signs deal to buy Hynix
South Korea's top mobile carrier SK Telecom said Monday it signed a deal to buy a controlling stake in Hynix Semiconductor, the world's number two memory chip maker.
Nov 14, 2011 |
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Carlos Slim ups stake in NY Times to 8.1 percent
Carlos Slim, the Mexican magnate believed to be the world's richest individual, has increased his stake in the The New York Times Co. to 8.1 percent, regulatory filings showed Thursday.
Oct 07, 2011 |
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Rhapsody buys Napster from Best Buy
Former file-sharing renegade Napster has a new owner.
Oct 03, 2011 |
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Battle for Lions Gate ends with Icahn selling
(AP) -- Activist investor Carl Icahn said Tuesday that he is shedding his entire stake in Lions Gate Entertainment Corp., ending a more than two-year battle for control and sending shares of the niche movie studio tumbling ...
Aug 30, 2011 |
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