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Before the announcement, Liberal Democrats had told the Guardian that the moves did not go far enough, urging their Conservative colleagues to cut the stake to £2.
Factoring in the extra shares to be sold if early trading goes well, the float will cut the stake held by its beleaguered American parent company to just 33 percent.
BreitBurn Energy Partners is buying natural gas assets in the Midwest from Quicksilver Resources for $1.45 billion, a deal that will cut the stake that BreitBurn's major shareholder has in the partnership.
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The government has not ruled out taking action to cut the stakes and prizes on FOBT machines to make them less potentially addictive.
The transaction would cut the G.M. stake in Hughes from 68percentto35percentcent by midyear, when it is expected to be completed.
Barclays' new boss Jes Staley announced last month he wanted to cut the 62.3% stake in the African business to reduce the complexity of its operations and to save capital.
Osborne cut the Lloyds stake from 73% to around 9% through a series of sales to leading City investors and had pledged to keep some back for a discounted offer to private investors.
Based on Monday's closing share price, that stake would be worth £3.3bn and the deal will cut the government's stake in Lloyds to 32.7%.
It introduced a bill intended to cut the government's stake in public-sector banks from 51% to 33%.
A.I.G.'s own stock offering in May, which raised $8.7 billion and cut the government's stake in the insurer, was weighed down by uncertainty in the markets.
He oversaw the pay-for-shares deal as part of a plan announced in February to cut the government's stake from 95% to 53%.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com