"purchased a stake" is a correct and usable part of a sentence in written English.
It is typically used to refer to the act of buying a percentage or share in a company or organization. Example: John purchased a stake in the company, becoming a part-owner and gaining a say in its decision-making processes.
HBOS purchased a stake in BankWest, which has 24.43 billion Australian dollars in assets, in 1995.
Toyota has also invested in Uber, while Volkswagen has purchased a stake in a similar business, Gett.
It thought Mitsubishi might serve as the third leg of its global stool when it purchased a stake in 1999.
The bookseller Amazon.com rose 5 9/16 points, to 81 3/8, amid news that Bertelsmann A.G. had purchased a stake in Nuvomedia.
According to The Daily Memphian, which first reported the agreement, Brandon Arrindell, a principal at a Memphis investment management firm, also purchased a stake in the team.
Probably the most political turbulence caused by a sovereign wealth fund occurred when Temasek Holdings, the state-owned investment branch of Singapore, purchased a stake in the company owned by the prime minister of Thailand, Thaksin Shinawatra.
Part of the proceeds are expected to be used to purchase a stake in Providence's Barryroe oilfield.
David Einhorn, who is still on deck to purchase a stake in the New York Mets, mixed up his portfolio just a bit over the second quarter.
The European Bank for Reconstruction and Development will support the deal by purchasing a stake in the new entity for 332 million zlotys, or $104 million.
Manafort's firm had lobbied to obtain about $43 million in Department of Housing and Urban Development subsidies for a New Jersey housing project — while holding an option to purchase a stake in the project.
Geely had approached Magna International about teaming up to purchase a stake in Opel, a division of General Motors.
