stake

(Reuters) - Nikolai Storonsky, chief executive of British fintech firm Revolut, will sell part of his multibillion-dollar stake in the company as part of a $500 million share sale, Sky News reported on Sunday. The Financial Times reported…

ROME (Reuters) - German airline Lufthansa will consider increasing its stake in Italian airline ITA to 90 percent from early next year, its chief executive said in an interview published on Thursday. Carsten Spohr was speaking after his…

By Don Chmielewski LOS ANGELES (Reuters) - Shari Redstone's National Amusements has reached a preliminary agreement to sell a controlling stake in Paramount Global to David Ellison's Skydance Media, three people familiar with the matter…

The family of Italian billionaire Agnelli has increased its stake in Royal Philips NV, giving it a stake worth $4.19 billion, in a sign of increased confidence in the Dutch medical device manufacturer. Agnellis' Exor NV now owns 17.51%…

ZURICH (Reuters) - French billionaire Bernard Arnault, Europe's richest man and head of the high-end fashion division of champagne group LVMH, has bought a stake in smaller luxury goods rival Richemont, Bloomberg reported on Tuesday. The…

Former Bank of China chief Ngugi Kiona raised his stake in the company to 11.2% in the year to March 2024 from 8.56% the previous year, putting it above the threshold required to prevent a compulsory purchase of his shares in the subject…

The gas station chain is buying control of the refrigerated and frozen foods company Kavo Zan for NIS 120-130 million. Gas station company Dor Alon Energy Israel…

As Bitcoin enters a pivotal week, market participants are closely monitoring several key indicators and events that could determine its near-term course. Popular cryptocurrency analyst Ted (@tedtalksmacro) provided an…

pakphum patjangkata / iStock via Getty Images Advent International has agreed to buy a minority stake in money manager Fisher Investments, the companies announced Sunday. Advent and the Abu Dhabi Investment Authority agreed to invest…

Investing.com - Activist investor Starboard Value has taken a roughly $500 million stake in the design software maker Autodesk Corporation (NASDAQ:) is now calling for changes within the company, according to the Wall Street…