Tag Archives: stake

L’Oreal ready to buy Nestle stake in cosmetics leader

Related Articles PARIS: L’Oreal signalled its readiness to buy Nestle’s 23 percent stake in the world’s biggest cosmetics firm on Friday, which along with strong results lifted the French company’s shares.L’Oreal said it could finance a purchase of the holding, ...

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Wal-Mart in talks to sell major stake in Brazil operations

Related Articles SAO PAULO: Wal-Mart Stores is in talks with buyout firm Advent International Corp. and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said on Sunday.Wal-Mart is being ...

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Showdown Vote in Senate on Friday With Government Shutdown at Stake

Advertisement WASHINGTON — The Senate is heading toward a showdown vote on Friday on legislation to keep the government open past midnight, and Democrats appear ready to block it, gambling that a weakened President Trump will have to offer concessions ...

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Damac Properties founder ready to sell 15% stake at Dubai developer

Related Articles DUBAI: Hussein Sajwani, the Dubai billionaire with links to US President Donald Trump, said Wednesday he was ready to sell 15 percent of his stake at real estate giant Damac Properties.Established by Sajwani in 2002, Damac has become ...

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UAE investment firm Tabarak buys 80% stake in Abu Dhabi developer

Tabarak Investment has announced the acquisition of a stake of over 80 percent in Abu Dhabi’s Tasweek Real Estate Development and Marketing. The acquisition comes as part of Tabarak’s plans to diversify and support its real estate portfolio, the company ...

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