stake | The Epoch Times

Ford Cuts Rivian Stake to About 1 Percent

Ford Motor Co. has cut its stake in Rivian Automotive Inc. to 1.15 percent, as part of a plan to scale down its holdings in the electric-vehicle maker. Ford, which ...

February 10, 2023BY Reuters

PayPal Shares Jump After It Reveals $2 Billion Stake Held by Elliott, Announces New CFO

PayPal Holdings on Tuesday said activist investor Elliott Management has an over $2 billion stake in the fintech ...

August 4, 2022BY Reuters

Billionaire Investor Peltz, With 1.5 percent Stake, Joins Unilever Board

Billionaire activist Nelson Peltz will join the board of Unilever, the consumer goods giant said on Tuesday, heaping ...

June 1, 2022BY Reuters

Big US Pension Fund Raised Stake in Tesla and This Automaker in Q1

The State Teachers Retirement System of Ohio, or STRS Ohio, one of the largest U.S. public pensions fund, raised ...

May 3, 2022BY Benzinga

Berkshire Hathaway Reveals $5 Billion Occidental Stake as Icahn Exits

Warren Buffett's Berkshire Hathaway Inc. revealed a more than $5 billion stake in Occidental Petroleum Corp., as oil ...

March 8, 2022BY Reuters

Commerzbank Shares Fall After Finance Minister Says Government to Shed Stake in Future

BERLIN—Shares in Commerzbank fell 5 percent in Lang & Schwarz pre-market trade on Monday after Germany's Finance Minister ...

February 14, 2022BY Reuters

Billionaire Soros Buys Stake in EV Startup Rivian

NEW YORK—Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc. in ...

February 12, 2022BY Reuters

Frontier to Buy Spirit Airlines in $2.9 Billion Budget Carrier Deal

CHICAGO—Budget carriers Frontier Group Holdings and Spirit Airlines Inc on Monday unveiled plans to create the fifth-largest U.S. ...

February 8, 2022BY Reuters

Hitachi to Sell About Half Its Stake in Construction Unit: NHK

TOKYO—Japan's Hitachi Ltd. will sell about half its 51 percent stake in unit Hitachi Construction Machinery Co. to ...

January 14, 2022BY Reuters

Tereos to Issue New 300 Million Euro Bond to Repay Some Debt

PARIS—French sugar and ethanol group Tereos said on Monday its subsidiary Tereos Finance Groupe I intended to issue ...

January 11, 2022BY Reuters

Evergrande Founder Sells 9 Percent Stake for $344 Million Amid Debt Crunch

HONG KONG—The chairman of China Evergrande Group Hui Ka Yan sold 1.2 billion shares in the company at ...

November 26, 2021BY Reuters

Evergrande to Sell Entire Stake in HengTen to Ease Debt Burden

Cash-strapped China Evergrande Group will sell the rest of its stake in film and television streaming company HengTen ...

November 18, 2021BY Rita Li

Amazon Discloses 20 Percent Stake in EV Maker Rivian

Amazon.com Inc., an early backer of Rivian Automotive, now owns about a fifth of the electric-truck maker, the ...

October 29, 2021BY Reuters

Blackstone Buys Majority Stake in Spanx, Valuing It at $1.2 Billion

Investment firm Blackstone Inc. would buy a majority stake in Spanx, valuing the shapewear maker at $1.2 billion, ...

October 20, 2021BY Reuters

American Airlines Buying Stake in Second South American Carrier Gol

By Kyle Arnold The Dallas Morning News American Airlines plans to buy a minority stake in a second ...

September 16, 2021BY Tribune News Service

Rolls-Royce Sells Stake in Refuelling Jets Unit AirTanker for $261 Million

LONDON—British engineering company Rolls-Royce said it agreed to sell its 23.1 percent stake in AirTanker Holdings, the owner ...

September 13, 2021BY Reuters

JPMorgan to Buy Majority Stake in Volkswagen’s Payments Business

LONDON—JPMorgan has struck a deal to buy a majority stake in German car giant Volkswagen's payments business ahead ...

September 8, 2021BY Reuters

Hertz Eyes Bankruptcy Exit Through $4.2 Billion Stake Sale

In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a ...

March 3, 2021BY The Associated Press