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Discover LudwigThe phrase "hold a stake" is correct and usable in written English.
It is a metaphor that means to have an interest or influence in a situation or enterprise. For example, "The company holds a stake in the new mining project."
Exact(37)
Together, the two hold a stake of about 22 percent in the company.
No single shareholder will be allowed to hold a stake of more than 4.9percentt.
Senior management are thought to hold a stake of about 52% of the business.
The influence of major shareholders sometimes seems obvious, particularly when they hold a stake approaching 50 percent of shares outstanding.
Mark Zuckerberg, the social-network's boss, will hold a stake of roughly 56% of the voting shares following the sale.
Spectrum Equity Investors, co-leader of a 2009 takeover of the company, said it would continue to hold a stake.
Similar(22)
(Morgan Stanley also holds a stake Heidmar Holdings, of Norwalk, Conn., which owns a fleet of oil tankers).
Singapore Telecommunications also holds a stake in Bharti.
Glencore holds a stake of about 40percentt in Xstrata.
Merrill Lynch, for example, holds a stake in Bloomberg, an information provider.
Today Mr Mittal's firm owns one Chinese steel company and holds a stake in another.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com