Tag: stake
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Kenya to increase stake in national airline
Kenya plans to increase its stake in the national airline from 29.8 percent to 48.9 percent as part of efforts to revive the loss-making...
Tesla’s 5% Stake Purchased By Tencent
Chinese tech giant Tencent has spent $1.78bn (£1.4bn) on buying a 5% stake in electric carmaker Tesla.
Tencent, best known for its WeChat mobile app,...
Rwanda government sale of I&M Bank stake oversubscribed
The Rwandan government's sale of its stake of 19.81 percent in I&M Bank (Rwanda) Limited to the public has been oversubscribed, the finance ministry...
Jay Z’s 33 Percent Stake in Tidal Sold for US $200 Million
Jay Z has sold a 33 per cent stake in his streaming site Tidal.
Telecoms company Sprint has forked out an estimated $200 million for...
Dannex Takes Up Majority Stake in Artyon Drugs
Ghanaian pharmaceutical giant Dannex has completed the acquisition of majority stake in Aryton drugs.The deal which was sealed early December, 2016 after months of...
