Tag: Stake sale

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Comcast Fast-Tracks Stake Sale in Hulu to Disney, Expands Streaming Dominance

Comcast fast-tracks sale of Hulu stake to Disney, solidifying Disney's dominance in the streaming market. Read about the impact on Disney and the streaming industry.

Santos Sells 2.6% Stake in PNG LNG Project to Kumul Petroleum Holdings for $576M, Papua New Guinea

Santos announces agreement to sell stake in PNG LNG project to Kumul, strengthening strategic alignment and benefiting Papua New Guinea's natural resources.

Indian Government Considers Selling Stake in Indian Railway Finance Corp (IRFC) to Meet Divestment Targets

Indian government considers selling stake in Indian Railway Finance Corp (IRFC) to meet divestment targets. Achieve goals efficiently with multiple tranches.

Route Mobile stock price loses early gains, retreats from 52-week high following news of promoter stake sale

Route Mobile's share price surged to a 52-week high after promoters announced selling their stake to Proximus Group. However, the gains were short-lived as the stock later declined by over 2%.

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Route Mobile stock price loses early gains, retreats from 52-week high following news of promoter stake sale

Route Mobile's share price surged to a 52-week high after promoters announced selling their stake to Proximus Group. However, the gains were short-lived as the stock later declined by over 2%.

WWD Ruby Sells 4.77% Stake in Sapphire Foods, Exits Company: India News

Sapphire Foods India Ltd's ownership shifts as WWD Ruby sells its 4.77% stake to investors including Goldman Sachs, Nomura, and Societe Generale. The Indian restaurant chain is the largest franchisee of Yum! Brands in the region, with over 500 KFC, Pizza Hut, and Taco Bell outlets. Despite the pandemic, Sapphire Foods' omnichannel operation has experienced rapid growth, capitalizing on the growing popularity of takeaway, delivery, and dining out trends.

Promoter Group of Adani Transmission Sells 3.04% Stake for Rs 2,666 Cr

Promoter group sells 3.04% stake in Adani Transmission for Rs 2,666 Cr - Learn more about the strategic move and its impact on the company's growth prospects.

Piramal Enterprises Sells 8.34% Stake in Shriram Finance and Exits Joint Venture

Piramal Enterprises nets a $627m profit with the sale of its stake in Shriram Finance, India's largest NBFC. This marks Piramal's first exit from its financial services division.

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