Sentence examples for a half stake from inspiring English sources
Each company will have a half stake in the venture, said Theresa Miller, a Prudential spokeswoman.
Westfield currently owns a half stake in Westfield London, with the other half being owned by the property arm of the German financier Commerzbank.
Reed International, owner of roughly a half stake, will issue up to 98.9 million new shares, while Elsevier of the Netherlands will offer 57.6 million.
Australian transport group Toll Holdings said there was strong interest in a half stake in a rail business it must sell as part of a A$6 billion ($4 billion) takeover of port operator Patrick.
From 2002 to 2007, Mr. Mirvish, a former art dealer who is perhaps best known for bringing "Les Misérables" and "The Lion King" to his Toronto theaters, says he purchased from Knoedler two paintings attributed to Pollock and bought a half stake, for $1.6 million, in a third, referred to as "Silver Pollock," for the expressed purpose of reselling them at a profit.
In the 1997 deal, Crescent Real Estate paid $400 million to acquire a half-stake in Charter Behavioral and buy its buildings.
He put up $11 million for a half-stake in the property, while Mr. Hilbert and Conseco had to guarantee $700 million in financing from Lehman Brothers and ante up $11 million in cash and a $200 million loan.
The Copenhagen government, which owns 59% of Dong, said it wanted to retain a controlling half stake in a company that has invested in UK gas fields off the north of Scotland as well as windfarms such as London Array off the Kent coast.
Analyst Pablo Zuanic at brokers Liberum Capital says Modelo shares currently trade on 10.7 times core profit, or EBITDA, and he would expect a deal at 13-15 times with the mid-point giving a value for the half stake in Modelo at $14.8 billion.
Rio said Tuesday it sold its half stake in a Chinese aluminum smelting venture to partner Qingtongxia Aluminum for $125 million.
Rio said Tuesday it had sold its half stake in a Chinese aluminum smelting venture to partner Qingtongxia Aluminum for $125 million.
