Stake

Wexner To Sell Majority Stake In Victoria’s Secret
Wexner To Sell Majority Stake In Victoria’s Secret
February 20, 2020  |  Retail

As more shoppers moved to eCommerce, L Brands CEO Les Wexner wagered on opening more brick-and-mortar locations. Wexner has staunchly supported malls and believes that...

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Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp
Malaysian eCommerce Firm Takes 7-Figure Stake In BizApp
February 18, 2020  |  eCommerce

Commerce.Asia, an all-in-one eCommerce and technology company, has purchased a 30 percent stake in business platform BizApp, which helps businesses and brands manage daily operations...

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EU Neutral On Potential US Stakes In Ericsson, Nokia
EU Neutral On Potential US Stakes In Ericsson, Nokia
February 18, 2020  |  Mobile

The U.S. Attorney General William Barr recently said the country should consider purchasing majority stakes in Nokia and/or Ericsson to push back against the dominance...

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Indonesia’s Gojek Buys Minority Stake In Blue Bird Taxi App
Indonesia’s Gojek Buys Minority Stake In Blue Bird Taxi App
February 17, 2020  |  Partnerships / Acquisitions

Indonesian delivery app Gojek has finalized its $30 million deal for a minority stake in the app-based taxicab startup Blue Bird, Bloomberg reported on Monday (Feb....

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Takeaway Looks Poised To Win Just Eat Deal
Takeaway Looks Poised To Win Just Eat Deal
December 20, 2019  |  Partnerships / Acquisitions

In the bidding war for British online food company Just Eat, competitors Prosus and Takeaway.com are both putting up strong offers for their final bids....

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JAGGAER Hits $1.5B Valuation In Deal With Cinven
JAGGAER Hits $1.5B Valuation In Deal With Cinven
July 10, 2019  |  B2B Payments

European private equity firm Cinven has taken a stake in eProcurement technology firm JAGGAER that is said to value the company at about $1.5 billion....

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Carrefour Mulls Selling Off Part Of China Business
Carrefour Mulls Selling Off Part Of China Business
May 19, 2019  |  Retail

Carrefour is reportedly looking into selling a minority stake in its business in China, and has already started speaking to potential buyers. Sources told Reuters...

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China’s BAIC Aims To Acquire 5 Pct. Of Daimler
China’s BAIC Aims To Acquire 5 Pct. Of Daimler
May 12, 2019  |  Investments

BAIC Group, the Chinese automotive company, wants to buy 5 percent of Daimler, reported Reuters. According to a report citing three sources familiar with the...

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Bitcoin Daily: Hackers Use Malware To Generate Crypto; Disney Could Acquire Stakes In Crypto Exchanges
Bitcoin Daily: Hackers Use Malware To Generate Crypto; Disney Could Acquire Stakes In Crypto Exchanges
April 26, 2019  |  Bitcoin

Hackers are still using classified exploits built by the National Security Agency two years after they were stolen, this time to mine for cryptocurrency. According...

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