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Flipkart’s Payments Firm PhonePe in Partial Spin-out, Valued at $5.5bn

Indian e-commerce giant has partially spun-out its mobile payments brand PhonePe, selling a stake in the startup to Walmart. The .....»»

Category: worldSource: nytDec 13th, 2020

SL Green sells half of its stake in 1 Madison

, the city’s largest office landlord, announced Tuesday that it sold half its stake in 1 Madison Ave. for $500 million to a South Korean pension fund and real estate company Hines. The skyscraper... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 8th, 2020

GSK sells $3.4 billion Hindustan Unilever stake in largest India block trade

GlaxoSmithKline has sold its stake in Unilever's Indian business for $3.4 billion, marking India's largest block trade, which will help the British company in its goal of reinvigorating its drug development pipeline......»»

Category: topSource: reutersMay 7th, 2020

GSK sells $3.35 billion stake in Hindustan Unilever

GlaxoSmithKline said on Thursday it sold its stake in Unilever's Indian business for $3.35 billion, which Refinitiv says is the largest block trade ever to have been carried out in India......»»

Category: topSource: reutersMay 7th, 2020

NBC News sells stake in Euronews to focus on global TV channel, FT reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 20th, 2020

Renault sells its stake in Chinese joint venture to partner Dongfeng Motor

French carmaker Renault said on Tuesday it was selling out of its stake in a Chinese joint venture with Dongfeng Motor Corporation to Dongfeng, which Renault said would help it maximise synergies with Japanese partner Nissan ......»»

Category: topSource: reutersApr 14th, 2020

Warren Buffett"s Berkshire Hathaway sells some stake in Delta Air Lines

Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold some of its stake in Delta Air Lines Inc ......»»

Category: topSource: reutersApr 3rd, 2020

Delta stock falls 7% as Buffett"s Berkshire Hathaway sells some of its stake, airline expects worse Q2

Shares of Delta Air Lines Inc. fell more than 8% in the extended session Friday after the airline said its second quarter will be "even more difficult than the first" and Warren Buffett's Berkshire Hathaway Inc. disclosed it.....»»

Category: topSource: marketwatchApr 3rd, 2020

Clear Channel sells assets to survive the COVID-19 market

Clear Channel Outdoor Holdings Inc. sold 50.91% of its stake in China-based subsidiary Clear Media Limited to Ever Harmonic Global Limited, the company announced in a Monday press release. The company sold its stake for approximately $253 milli.....»»

Category: topSource: bizjournalsMar 31st, 2020

Kushner sells stake in firm criticized for possible conflict

President Donald Trump's son-in-law and adviser Jared Kushner has sold his stake in a company investing in Opportunity Zone projects offering tax breaks he had pushed for in Washington, sparking... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 6th, 2020

Newmont sells stake in Continental Gold for $260M in cash

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 5th, 2020

Univision Sells Majority Stake To Investing Group

Two investment firms are buying a majority stake in Univision, the largest U.S. Spanish-language broadcaster, the company said Tuesday. read more.....»»

Category: blogSource: benzingaFeb 25th, 2020

FSD Pharma Sells Cannara Biotech Stake, Netting More Than $7.7M

FSD Pharma Inc (NASDAQ: HUGE) has netted itself more than $7.7 million through the sale of its 12% equity interest in Cannara Biotech Inc (OTC: LOVFF) to a consortium of that included entities controlled by members of the read more.....»»

Category: blogSource: benzingaFeb 21st, 2020

L Brands loses iconic CEO, sells major Victoria"s Secret stake

Leslie Wexner, the man who transformed Vic.....»»

Category: videoSource: reutersFeb 20th, 2020

L Brands sells majority stake in Victoria"s Secret, CEO Wexner to step down

L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand......»»

Category: topSource: reutersFeb 20th, 2020

Les Wexner stepping down from L Brands, selling majority stake in Victoria"s Secret

Les Wexner is stepping down as CEO of L Brands Inc. as the company sells its Victoria's Secret chain to a private equity investor. The company on Thursday announced a plan to sell a majority stake in its capstone Victoria's Secret brand to New York e.....»»

Category: topSource: bizjournalsFeb 20th, 2020

Epstein Mentor Les Wexner Leaves L Brands, Sells 55% Stake In Victoria"s Secret For $525 Million

Epstein Mentor Les Wexner Leaves L Brands, Sells 55% Stake In Victoria's Secret For $525 Million Les Wexner is stepping down as chairman and CEO of L Brands as the company prepares to sell a 55% stake.....»»

Category: blogSource: zerohedgeFeb 20th, 2020

Rakuten sells whole Pinterest stake, NAR reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 13th, 2020

Bombardier sells stake in A220 partnership

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 13th, 2020

Billionaire Peter Thiel Sells A Majority Of His Remaining Facebook Stake

Billionaire investor Peter Thiel sold a majority of his remaining stake in Facebook Inc. (NASDAQ: FB) last Thursday, a regulatory filing with the United States Securities and Exchange Commission has shown. read more.....»»

Category: blogSource: benzingaFeb 10th, 2020