Page 6 - Majority Stake News Today

(Bloomberg) -- Barclays Plc has fielded interest from private equity firms including Brookfield Asset Management and CVC Capital Partners for a majority stake in its payments business, according to people familiar with the matter. Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpTrump Eyes NATO Makeover, Hurried Peace in Ukraine If ElectedIsrael Quits Ceasefire T...

Flynn Group, the world's largest franchisee operator of restaurants and fitness clubs, is exploring a majority stake sale that could value it at more than $5 billion, including debt, according to people familiar with the matter. Flynn Group, which operates Applebees, Taco Bell, Panera Bread, Arby's, Pizza Hut, Wendy's and Planet Fitness franchises, is working with Bank of America on a sale process, the sources said. Flynn Group, which is based in San Francisco, generates over $4...

Editor’s Note: This article is the second in our three-part series, Federal Antitrust Enforcement in Health Care: 2023 Year in Review.  (Click here to read part 1.) The series is based...

Barclays plc is sounding out private equity firms about taking a majority stake in its UK merchant payments business, after overtures to trade buyers yielded muted interest, three people familiar with the matter said. The bank has been making a number of strategic shifts as Chief Executive C.S. Venkatakrishnan seeks to turn around its performance, including trying to bring in a partner with additional industry "know-how" to expand the UK payments unit, as well as put in extra capital,...

Indian snack maker Haldirams is in talks to acquire a majority stake in Prataap Snacks, valued at $350 million, to expand its presence in the potato chip market. The talks are at an early stage and a valuation has not been discussed, but it could be at a premium to Prataaps stock price.

Millions of dollars in bonuses. cnn sports andy scholes joins me now. im sure you know what thats like. whats the story? >> mark cuban sold a majority stake to the adelson family. and he sold it at a valuation of $4 billion. cuban decided to reward all the employees and help the team get that valuation, sending a memo to employees on friday letting them know that he along with the new owners plan to distribute more than $35 million in bonuses as a thank you for all of their hard work. now they a...

(Bloomberg) -- SQM, the world’s second-largest lithium producer, reached a framework agreement to hand over a majority stake in its prized Chilean brine assets to state-owned Codelco in exchange for extending operations for three more decades. Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerTesla Plans Revamp of Smash Hit Model Y From China PlantS&P 500 Rally Flashe...

Spain said Tuesday it will acquire 10 percent of local telecoms giant Telefonica, just months after Saudi Telecom took a significant stake in the operator. The move follows the September announcement by Saudi Telecom (STC) it had paid 2.1 billion euros ($2.3 billion) for a 9.9 percent share in Telefonica which has a strong presence in Latin America and the United Kingdom.

This Week in Waste features stories covering acquisitions, recycling misconceptions, and plastic farm waste.

LONDON, Dec. 13, 2023 /PRNewswire/ -- Castleton Commodities International LLC (CCI) announced today that a subsidiary has acquired a Majority Stake in Lower ...