Kudu, the Saudi Arabian fast food chain, had opened bidding for 60% of its shares with KKR and Abraaj as the firms front running for the bids.
Tags: Shareholdings
Fiat-Chrysler Merger far from fruition according to CEO
Fiat and Chrysler CEO Sergio Marchionne are far from reaching a settlement on the pricing conflict as to the health care trust fund's shareholdings.
Essar Energy divests shareholdings in Kenya Petroleum Refineries
Under the joint venture agreement, Essar Energy can exercise a USD5 million option to sell its shareholdings in the joint venture project with the Kenyan government.
Goldman Sachs, Danish pension funds purchase shareholdings in Dong Energy
Goldman Sachs purchases 19%, Danish pension funds ATP buys 5% and PFA acquires 2% in Dong Energy A/S, the largest utilities firm in Denmark.
Life Insurance Corp decreases shareholdings in Britannia Industries
LIC lowered exposure in food conglomerate Britannia Industries. The Indian state-owned Life Insurance Corporation had decreased its shareholdings in Britannia Industries, the consumers conglomerate, by 2.
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The buyout firm is now the second largest shareholder in News Corp after mogul Rupert Murdoch. CORRECTED: Reference of Southeastern Asset Management as a hedge fund when it is a global investment management firm.
The complications arise from the current bid by Vodafone Group Plc because of the increased shareholdings of Elliot Management Corp in Kabel Deutschland.
Mervyn Davies is planning to purchase part of the shareholdings of the UK government in Lloyds Bank.
Hochtief AG increases share investment in Leighton Holdings to 55%. (Photo : Reuters)The image is the corporate headquarters of Hochtief in Essen, Germany.
Norway purchases more shares in Cermaq. (Photo : Reuters)The image is a fishing boat at the Atlantic Ocean. The state of Norway had spent nearly 1. 56 billion crowns or US$254 million to increase its shareholding in fish farmer Cermaq to 60% overall.
Sweden sells off the remaining shareholdings in Nordea Bank. Sweden has sold the remaining half of its stake in the biggest bank in the region, Nordea, The sale netted US$3.
Fairfax increases its shareholdings to 42% in Eurobank. Fairfax Financial Holdings would be raising its shareholdings in Eurobank Properties, the real estate firmn from Greece.
Promotora, the top venture capital firm in Colombia, divests its shareholdings in Easy Solutions. The leading venture capital firm in Colombia, Promotora had announced the divestment of one of its portfolio companies, Easy Solutions.
Dai-ichi Life Ins. Co.,Ltd purchased 40% shareholdings in Panin Life of Indonesia worth 30 billion yen.
