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ByteDance To Get 50% Profit From US TikTok Under Trump Deal
TikTok's Chinese parent company will likely get about half of the profit from the platform's US operation even after it sells majority ownership to American investors as part of a deal orchestrated by President Donald Trump.
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Rupert Murdochs' Settlement Leaves Favoured Son Atop Family Media Empire
Three of Murdoch's children - Prudence, Elisabeth and James - will cease to be beneficiaries of the trust that controls Fox Corp. and News Corp. Instead, they'll get $1.1 billion each, according to a person with knowledge of the matter.
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Adani Enterprises Sells 20% Stake In AWL Agri Business To Wilmar International
Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore.
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Israeli Ultra-Orthodox Party Quits Netanyahu's Government. Whats At Stake
One of Israel's ultra-Orthodox Jewish parties has quit Prime Minister Benjamin Netanyahu's coalition in a long-running dispute over a new military conscription bill. This move leaves Netanyahu's nationalist-religious government extremely vulnerable.
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19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
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Bajaj Auto Moves To Take Control of KTM, Injects 800 Million Euros To Revive The Brand
Bajaj Auto looks to gain majority stakes in Austria-based global KTM company.
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Massive Development In Gujarat Titans Just Ahead Of IPL 2025: "As Part..."
Ahmedabad-based Torrent Group on Monday said it has completed the acquisition of a majority 67 per cent stake in IPL franchise Gujarat Titans ahead of the start of a new season of the popular T20 cricket league.
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HCL Founder Shiv Nadar Gifts 47% Of His Stake To Daughter Roshni Nadar Malhotra. All About Her
In a strategic succession plan, HCL Group Founder Shiv Nadar has gifted 47% of his stake in HCL Corp and Vama Sundari Investments (Vama Delhi), the group's promoter entities, to his daughter Roshni Nadar Malhotra.
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Hong Kong Firm's $9 Billion Bid For Majority Stake In UK Water Supplier
A Hong Kong company has submitted an initial 7-billion pounds ($8.8 billion) bid for a majority stake in Thames Water, a heavily indebted UK water supplier, the Financial Times said Friday.
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Surrey Confirm Deal With Reliance, Keep Majority Stake In Oval Invincibles
Surrey County Cricket Club (SCCC) has confirmed its deal with Reliance but said it will continue to retain majority stake of 51 percent in the Oval Invincibles
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IPL Franchise Gujarat Titans Get New Owners, Majority Shares To Be Sold To...
While the valuation of the stake being sold by CVC remains unconfirmed, the global private equity firm had invested Rs 5,625 crore to acquire the Titans in 2021.
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Invincible Season 3 Now Streaming on Prime Video: Everything You Need to Know
The highly anticipated third season of Invincible is now streaming on Prime Video, continuing Mark Grayson’s journey as he faces new threats, including the Invincible War and the powerful Viltrumite Conquest. The season consists of eight episodes, releasing weekly, and introduces a fresh storyline packed with action and emotional depth. Jonathan ...
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Tata Electronics Acquires 60 Percent Stake in iPhone Maker Pegatron Technology India
Tata Electronics Pvt Ltd (TEPL) has acquired a 60 percent controlling stake in Pegatron's India unit. Pegatron India, a subsidiary of Taiwan's Pegatron Corporation, provides contract-based electronics manufacturing services (EMS) to major global companies such as Apple.
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Tata Said to Seal Deal with Pegatron for iPhone Plant in Tamil Nadu
Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India. For India's Tata, the Chennai Pegatron plant will bolster its iPhone manufacturing plans.
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Tata Seals Deal With Pegatron For iPhone Plant In Tamil Nadu: Report
Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters.
-
ByteDance To Get 50% Profit From US TikTok Under Trump Deal
TikTok's Chinese parent company will likely get about half of the profit from the platform's US operation even after it sells majority ownership to American investors as part of a deal orchestrated by President Donald Trump.
-
Rupert Murdochs' Settlement Leaves Favoured Son Atop Family Media Empire
Three of Murdoch's children - Prudence, Elisabeth and James - will cease to be beneficiaries of the trust that controls Fox Corp. and News Corp. Instead, they'll get $1.1 billion each, according to a person with knowledge of the matter.
-
Adani Enterprises Sells 20% Stake In AWL Agri Business To Wilmar International
Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore.
-
Israeli Ultra-Orthodox Party Quits Netanyahu's Government. Whats At Stake
One of Israel's ultra-Orthodox Jewish parties has quit Prime Minister Benjamin Netanyahu's coalition in a long-running dispute over a new military conscription bill. This move leaves Netanyahu's nationalist-religious government extremely vulnerable.
-
19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
-
Bajaj Auto Moves To Take Control of KTM, Injects 800 Million Euros To Revive The Brand
Bajaj Auto looks to gain majority stakes in Austria-based global KTM company.
-
Massive Development In Gujarat Titans Just Ahead Of IPL 2025: "As Part..."
Ahmedabad-based Torrent Group on Monday said it has completed the acquisition of a majority 67 per cent stake in IPL franchise Gujarat Titans ahead of the start of a new season of the popular T20 cricket league.
-
HCL Founder Shiv Nadar Gifts 47% Of His Stake To Daughter Roshni Nadar Malhotra. All About Her
In a strategic succession plan, HCL Group Founder Shiv Nadar has gifted 47% of his stake in HCL Corp and Vama Sundari Investments (Vama Delhi), the group's promoter entities, to his daughter Roshni Nadar Malhotra.
-
Hong Kong Firm's $9 Billion Bid For Majority Stake In UK Water Supplier
A Hong Kong company has submitted an initial 7-billion pounds ($8.8 billion) bid for a majority stake in Thames Water, a heavily indebted UK water supplier, the Financial Times said Friday.
-
Surrey Confirm Deal With Reliance, Keep Majority Stake In Oval Invincibles
Surrey County Cricket Club (SCCC) has confirmed its deal with Reliance but said it will continue to retain majority stake of 51 percent in the Oval Invincibles
-
IPL Franchise Gujarat Titans Get New Owners, Majority Shares To Be Sold To...
While the valuation of the stake being sold by CVC remains unconfirmed, the global private equity firm had invested Rs 5,625 crore to acquire the Titans in 2021.
-
Invincible Season 3 Now Streaming on Prime Video: Everything You Need to Know
The highly anticipated third season of Invincible is now streaming on Prime Video, continuing Mark Grayson’s journey as he faces new threats, including the Invincible War and the powerful Viltrumite Conquest. The season consists of eight episodes, releasing weekly, and introduces a fresh storyline packed with action and emotional depth. Jonathan ...
-
Tata Electronics Acquires 60 Percent Stake in iPhone Maker Pegatron Technology India
Tata Electronics Pvt Ltd (TEPL) has acquired a 60 percent controlling stake in Pegatron's India unit. Pegatron India, a subsidiary of Taiwan's Pegatron Corporation, provides contract-based electronics manufacturing services (EMS) to major global companies such as Apple.
-
Tata Said to Seal Deal with Pegatron for iPhone Plant in Tamil Nadu
Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India. For India's Tata, the Chennai Pegatron plant will bolster its iPhone manufacturing plans.
-
Tata Seals Deal With Pegatron For iPhone Plant In Tamil Nadu: Report
Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters.
