American cable operator Comcast announced the purchase of a 29.1 percent stake in the British television channel Sky for 17 pounds sterling 28 pence per share, finversia.ru wrote. The American operator intends to continue buying Sky shares at the same price, which was the highest offered at the auction for the purchase of the British television channel. So, Fox, the company of Rupert Murdoch, owning 39% of the British television channel, offered 15 pounds 67 pence, applying for the acquisition of the remaining 61% of shares. The acquisition of Sky is currently estimated at $38 billion.
Alibaba Group Holding Ltd's (BABA) co-founder Jack Ma sold $8.2 billion worth of shares, reducing his stake in the company over the past year from 6.2% to 4.8%. The Chinese e-commerce company released its annual report on Friday. The divestment ...
SoftBank Group Corp. (SFTBY) announced on Thursday morning that it plans to sell 5% of its stake in SoftBank Corp., a separately listed Japanese wireless mobile company. The move would raise 310.2 billion Yen ($2.9 billion) through securities ...
Uniqlo’s operator trims earnings outlook by 11% Japan’s fashion retail giant, Fast Retailing Co., otherwise known as Uniqlo’s operator said that it would lower its full-year outlook on earnings by 11%. The company’s ...
In the charts of late, Gold is seen trading in a sideways manner. The precious metal's value is around $1,461 per Oz in Asia. The trendlines connecting Nov. 12 and Nov. 26 lows and Nov. 20 and Dec. 4 highs attest to the reading. Should there ...
Santander (SAN.MC) announced on Monday to have taken a $453 Million (350 million pound) stake in Ebury in an aim to boost growth through a digital strategy. Ebury is a U.K.-based trade and Forex facilitator for smaller companies. The company ...