Microsoft on Monday said it was investing in the London Stock Exchange in a deal that will see the stock exchange use the software giant’s data and cloud infrastructure. Microsoft Read more
Tag: stake
Volvo Car to sell 33% stake in Aurobay to Geely Holding
Volvo Car AB will sell its 33% stake in Aurobay to Geely Automobile Holdings Ltd. as part of the Swedish company’s move to become a fully electric-vehicle company in the Read more
Carl Icahn has sizable stake in beverage-can maker Crown Holdings
Carl Icahn has a sizable stake in Crown Holdings Inc. and believes the beverage-can maker should shed noncore units and buy back more stock, according to people familiar with the matter. The billionaire activist Read more
Emerson receive $9.5 billion upfront for sale of stake in climate technologies business; beats Q4 profit expectations
Shares of Emerson Electric Co. EMR, +1.76% gained 0.7% in premarket trading, after automation technology and software company confirmed Monday an agreement to sell a majority stake in its climate Read more
Should you stake ether, when U.S. Treasuries are yielding more ?
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more
Salesforce stock pops after report says Starboard owns a ‘significant’ stake in software giant
Shares of Salesforce Inc. popped 6% in premarket trading Tuesday after CNBC reported that activist investor Starboard Value LP had taken a “significant” stake in the software company. The report Read more
Russia grabs Exxon’s stake in major Sakhalin oil-and-gas project
The Kremlin has pushed Exxon Mobil Corp. out of a major Russian oil-and-gas project and transferred the Texas oil giant’s stake to a Russian entity, according to the U.S. company. Moscow blocked Read more
Activist investor Starboard has nearly 5% stake in Splunk, seeks to boost stock
Activist investor Starboard Value LP has a sizable stake in Splunk Inc. and plans to push the software maker to take action to boost its stock price, according to people familiar with the Read more
Rakuten to sell 20% stake in online brokerage unit to Mizuho
Rakuten Group Inc. 4755, -1.02% said Friday that it agreed to sell a 20% stake in its online brokerage unit to Mizuho Securities Co. for 80.00 billion yen ($551.2 million) Read more
Eataly chain of Italian-style marketplaces selling majority stake to European private-equity firm
A European private-equity firm agreed to buy a controlling stake in Eataly SpA, with the aim of helping the Italian-marketplace chain continue to expand globally. Investindustrial is taking a 52% Read more