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stake News

Yahoo to spin off everything except its stake in Alibaba

Yahoo has changed its mind and will not spin off its stake in Alibaba. Instead, Yahoo will spin off its core Internet business.

World beer giant Heineken buys into California craft brewer

Petaluma - It's been two weeks since European beer giant Heineken announced it was buying half of pioneering California craft beer-maker Lagunitas Brewing Co. and, so far, everything still looks good.

Wilbur Ross and Fairfax to sell 6 percent of Bank of Ireland

Two of Bank of Ireland's <BKIR.I> largest shareholders, who helped keep it out of state hands at the height of the euro zone debt crisis in 2011, stand to more than triple ...

Sears Holdings set to sell off much of stake in Canadian stores

Toronto - Sears Holdings Corp., which owns stakes in Sears, Kmart and Lands' End department store chains in the United States, has announced that it will sell off a large chunk of its stake in Sears Canada Inc.

Ontario Teachers' Pension closer to raising stake in Maple Leafs

Toronto - The Ontario Teachers' Pension Plan is close to reaching a deal with TD Capital Group that would increase its stake in Maple Leafs Sports and Entertainment (MLSE). The purpose of the deal is to make MLSE more attractive to suitors.
 

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