Browsing Tag
Stake
11 posts
Apple buys 20% stake in iPhone satellite service partner Globalstar
Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. What just happened? Apple has agreed to purchase a 20 percent stake – totaling 400,000 class B shares – in Globalstar, its satellite messaging service provider for $400 million. The iPhone maker has also agreed to make cash pre-payments that will
Sony acquires stake in Micheal Jackson’s $1.2 billion music catalogue
Sony Group has entered into a groundbreaking agreement to acquire a 50% stake in the music catalogue of the late pop icon Michael Jackson worth over $1.2 billion. The deal indicates that the valuation of these music assets surpasses $1.2 billion, with some estimates suggesting a figure upwards of $1.5 billion. Regardless, the Sony music
ESR Selling 30% Stake in Hong Kong Cold Chain Project to Mainland Investor
ESR and Chinachem have welcomed a mystery mainland partner into their Kwai Chung project ESR has agreed to sell a 30 percent stake in its Kwai Chung Cold Storage Logistics Centre project in Hong Kong to an unnamed “strategic investor” from mainland China. With the transaction, ESR will reduce its own stake in the $1.4
Dundee ups stake in Reunion Gold to 17.2%
Dundee Corp.’s [DC.A-TSX] Dundee Resources Ltd. unit has increased its stake in Reunion Gold Corp. [RGD-TSXV] by paying $5 million to acquire 28.6 million common shares of Reunion at 17.5 cents a share. The announcement comes after Reunion completed a bought deal private placement that raised $11.5 million, money that will be used to accelerate…
Amplats to sell stake in two mines to rival Sibanye
Anglo American Platinum (Amplats) will sell its 50% stake in its Kroondal and Marikana operations northwest of Johannesburg to Sibanye Stillwater, the platinum group metals miners (PGM) said on Monday.Sibanye Stillwater, which controls the other 50% of the mines, will take full control for a cash consideration of 1 rand ($0.0643), and all associated liabilities…
Video: Who has more at stake at the top of the Bellator 273 lineup?
January 29, 2022 9:40 am ET Bellator has the major MMA slate to itself Saturday night, and there is plenty on the line at the top of the card. In the main event, heavyweight champion Ryan Bader (28-7 MMA, 6-2 BMMA) meets interim champ Valentin Moldavsky (11-1 MMA, 6-0 BMMA) in a title unification bout.…
We’re thrilled to announce that Kraken now supports staking for MINA holders! Head into the Earn section of your account to put your MINA to work today. Note: Staking is not available to residents of the USA, Canada, Australia and Japan. What is Mina? Mina’s blockchain is built to maintain its size, regardless of the…
Government stake in VIL signal more funds, long-term survival: Brokerages
The Indian government's stake in financially-burdened (Vi) indicates that the telco would be in a better position to raise funds, and could also increase the probability of a long-term survival, the brokerage firms said Tuesday. Following the company's Board meeting on Monday, the third-largest telecom carrier said that it would opt for converting the interest…
MoneyGram Buys 4% Stake in Crypto Exchange Operator CoinMe
Reading Time: 2 minutesMoneyGram has purchased a 4% stake in crypto exchanger CoinMe CoinMe operated over 8,500 cryptocurrency kiosks in the U.S. MoneyGram says the move reinforces its faith in the crypto sector MoneyGram has strengthened its ties with the cryptocurrency industry by buying a 4% stake in CoinMe in a recent Series A financing…
Singapore’s GIC Buys 40% Stake in Oxford Life Sciences Park
Oxford Science Park is set to get much bigger Singapore’s GIC has acquired a 40 percent stake in a life sciences park near the University of Oxford as part of a newly-announced strategic partnership between the $744 billion sovereign wealth fund and the university’s Magdalen College. The more than 500-year-old unit of the UK’s best-known…