Evolution bought a stake in Beyond Meat before the IPO.
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He bought a stake in the Warriors' franchise in 2013.
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Cohen first bought a stake in the team in 2012.
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China's Tianqi Lithium Corp bought a stake in the firm last year.
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Chinas Tianqi Lithium Corp bought a stake in the firm last year.
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Private equity firm VMG group bought a stake in Kind in 2008.
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Activist investor Carl Icahn also disclosed he bought a stake in the company.
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Tellingly, Amazon recently bought a stake in Plug Power, which makes fuel cells.
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Does that mean Berkshire Hathaway has bought a stake in the giant bank?
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Last month, the company bought a stake in Israel's Mazor Robotics Ltd MZOR.
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A JP Morgan fund bought a stake in the company five years ago.
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In December, it bought a stake in Yonghui Superstores, a large supermarket chain.
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A Szijj company bought a stake in Hotel Via in phases from 245.
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In October 2018, Volvo Cars announced it had bought a stake in FreeWire Technologies.
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The firm first bought a stake in Box in March 2016, according to FactSet.
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Last year, it bought a stake in Foresight Energy in a $1.37 billion transaction.
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The latter bought a stake in 2013 and folded in its Soso search unit.
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Soon after, it bought a stake in Vermillion Asset Management, a commodities investment manager.
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VTB previously bought a stake in Deripaska's airport in Gelendzhik, another Black Sea resort.
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Mr. Cao and several friends later bought a stake in the business and persevered.
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It bought a stake in Gulf Air, the state telecoms firm and other national champions.
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Correction: An earlier version of this story misstated the company Disney bought a stake in.
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In July, Volkswagen's credit arm bought a stake in AutoGravity for a reported $30 million.
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Livermore has recently bought a stake in the company and begun engaging with some top executives.
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McGuire's Marcato Capital Management announced in July 2016 that it had bought a stake in Terex.
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The company's unit bought a stake in Millennium Plaza Hotel for 20.03 million riyals ($21 million).
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Correction: An earlier version of this story said that Disney had bought a stake in MLB.
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Tabari has been leading DSI since 1998, when he initially bought a stake in the company.
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Livermore recently bought a stake in the company and has begun engaging with some top executives.
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The company acquired Vessel, bought a stake in AwesomenessTV and bought distribution rights for Vice Media shows.
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The privately held candy giant, which makes Snickers and Skittles, bought a stake in Kind in 2017.
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After Didi acquired Uber's China assets, it also bought a stake in Uber itself for $1 billion.
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General Motors has teamed up with, and bought a stake in, Lyft, the main rival of Uber.
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CNBC previously reported in January that Greenlight Capital had bought a stake in the social media platform.
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Apple has invested in the field, and Amazon recently bought a stake in an electric truck maker.
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Eurazeo first bought a stake in Moncler, which was founded in the French Alps in 1952, in 2011.
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Deripaska and Potanin have periodically been at loggerheads since Deripaska's Rusal bought a stake in Nornickel in 193.
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JAB, which owns Krispy Kreme, last month bought a stake in a chain of pet hospitals worth $1.2bn.
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Each contribution in this era bought a stake in the imagination of what San Francisco ought to be.
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The company said on Wednesday it bought a stake in tiny Israeli robotics company Mazor Robotics Ltd MZOR.
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Neconde CEO Frank Edozie told Reuters the company bought a stake in OML 42 from Shell in April 2011.
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In 2008, Deutsche Bank bought a stake in Postbank of just under 30 percent for 57.25 euros per share.
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His Berkshire Hathaway (BRKB) bought a stake in IBM in 2011 and sold it in 2018 at a loss.
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Swedish luxury vehicles company Volvo Cars has bought a stake in FreeWire Technologies, a California-based electric car charging business.
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The shares fell after Idemitsu's founding family reportedly bought a stake in Showa Shell to block Idemitsu management's takeover plan.
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It also bought a stake in Swiss-based F.P. Journe last September, and it has holdings in other parts makers.
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Magnit's senior management was overhauled after VTB , Russia's second biggest bank, bought a stake in the retailer in early 2018.
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Nestle's skin health unit, which sells Cetaphil, was formed in 2014 when it bought a stake in cosmetics brand L'Oreal.
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After Didi shut down and acquired Uber's assets in China, it also bought a stake in Uber for $1 billion.
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But Exxon bought a stake in a nearby block from Statoil for $1.3 billion, Statoil said, soon after the round.
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For example, Alphabet bought a stake in both ride-hailing start-up Uber and augmented reality start-up Magic Leap.
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Kroger last year bought a stake in Ocado, an online grocer, and struck an exclusive deal for the U.S. market.
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Shares of RH surged Friday after word that Warren Buffett's Berkshire Hathaway had bought a stake in the furniture retailer.
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A unit of the Polish firm bought a stake in the Norwegian King Lear deposit from Total E&P Norge.
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Billionaire investor Warren Buffett's Berkshire Hathaway bought a stake in India's largest digital payments company, Paytm, the company confirmed Monday.
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Mediaset wants to become the first free pan-European broadcaster and last month bought a stake in German rival ProSiebenSat.13.
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Mediaset wants to become the first free pan-European broadcaster and last month bought a stake in German rival ProSiebenSat.1.
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At USV, we have funded Pilot Fiber and bought a stake in Tucows (both deals led by my partner, Brad Burnham).
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In March the biggest brewer of them all, Belgium's AB InBev, bought a stake in a Shanghai brewery called Boxing Cat.
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He also revealed that Postfinance bought a stake in Cologne-based FinTech startup Moneymeets and said that more investments were planned.
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Its owner, Yum Brands, bought a stake in the third-party delivery service and named it as its official delivery partner.
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Boeing bought a stake in Aero in the 1990s but sold it back to the government after failing to land new contracts.
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One merchant partner, fashion retailer H&M, bought a stake in Klarna last year when the fintech was valued at $2 billion.
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Intel had originally bought a stake in 2012, along with two other semiconductor companies, to help fund ASML's next-generation lithography systems.
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Reynolds bought a stake in Aviation Gin in February 2018 and in September announced it would be available on Virgin Atlantic flights.
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It recently bought a stake in the country's bus manufacturer Solaris and participated in the capital increase of domestic bank BOŚ Bank.
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Deripaska and Potanin have periodically been at loggerheads since Rusal bought a stake in Nornickel just before the 2008 global financial crash.
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Last year for instance, Total of France bought a stake in the Iara and Lapa fields and other assets for $2.2 billion.
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Playtech was up 8.5 percent after it bought a stake in Italian betting and gaming firm Snaitech for 846 million euros ($1 billion).
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Investindustrial bought a stake in Ducati before the financial crisis, subsequently taking control of the business before selling it to Audi in 2012.
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" Referring to Anil Agarwal, of Vedanta Resources, which bought a stake in Anglo last year: "I don't know (if he will stay passive).
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Through its Volvo Cars Tech Fund, the Swedish company said it had bought a stake in FreeWire, though it gave no further details.
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It bought a stake in Burger King, a fast-food chain, and later merged it with Tim Hortons, a Canadian coffee-and-doughnut seller.
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After Berkshire Hathaway bought a stake in The Washington Post, publisher Katherine Graham and Buffett struck up a flirtatious relationship, with Susan Buffett's permission.
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Gou, however, personally bought a stake in Sharp's LCD TV panel plant in Osaka, and some at Sharp credit him with improving operations there.
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Loeb has recently bought a stake in the world's largest packaged foods maker as he seeks strategic changes in the company, Bloomberg said. bloom.
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Status report: In 2014, the media conglomerate Cox Enterprises bought a stake in Autotrader, in a deal valuing the car marketplace at $7 billion.
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The pharmacy chain first bought a stake in AmerisourceBergen in 2013 and has grown it to 26 percent in the nearly five years since.
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Struggling Italian carrier Alitalia is seeking new investors and British Airways-owner IAG bought a stake in Norwegian Air with a view to a takeover.
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The diet company has been on a tear since the billionaire media mogul bought a stake in and agreed to pitch the brand in 2015.
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The investment was made through a group controlled by Gates' investment firm Cascade Investment, which bought a stake in a 24,800-acre development in Belmont.
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To lift part of the burden from the struggling Croatian food group, Sberbank last month bought a stake in Slovenian food retailer Mercator from Agrokor.
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Louisville, Kentucky-based Yum bought a stake in food-ordering company GrubHub early last year to improve its delivery services, a priority for today's customers.
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It is the second airline to take a stake in a Chinese carrier, with Delta having bought a stake in China Eastern Airlines in 2015.
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Under the deal, Gazprombank bought a stake in Mechel's Elga coal project, so Mechel could use the revenue from the sale to pay back Sberbank.
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Yet, in owning areas of forests, these families have also bought a stake in one of the greatest challenges of our time: tackling climate change.
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It was P. K.'s father, William Jr., who, after making a quick fortune selling chewing gum, bought a stake in the Cubs in 21963.
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Elliott reportedly bought a stake in Thyssenkrupp in May, but has not crossed the 3 percent threshold that would compel it to reveal its investment.
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He said Mr. Biden bought a stake in the firm in the name of a company named Skaneateles L.L.C. for the equivalent of about $420,000.
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It also said that Lowe, who helped Mercedes to three successive drivers' and constructors' championships, was understood to have bought a stake in the team.
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Swiss shipping group MSC said on Wednesday its unit has bought a stake in Hanjin Shipping's U.S. port operator, the latest Hanjin asset to be sold.
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Altria, the U.S. maker of Marlboro, bought a stake in Juul last year, when the young company was exploding in popularity and valued at $38 billion.
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The Ho Chi Minh Stock Exchange said last week that an overseas institutional investor had bought a stake in Vinamilk, but did not name the investor.
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When Rosneft bought a stake in the Petromonagas joint venture early last year, the National Assembly slammed the purchase as "illegal" because it bypassed the legislature.
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Demand for beauty treatments means that private equity is dabbling with dermatology — Bain Capital, for example, bought a stake in the Botox maker Hugel last year.
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He was hailed as a corporate savior when the French automaker Renault bought a stake in Nissan and dispatched him to Japan on a rescue mission.
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Activist investing firm Starboard Value bought a stake in Papa John's earlier this year and Starboard CEO Jeff Smith took over as the company's chairman in February.
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The name became his handle around the time he bought a stake in Lionel model trains, and he used it during his first forays into online forums.
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Since 2425, when Comcast first bought a stake in NBCUniversal from its former parent General Electric (an acquisition completed five years ago), NBCUniversal's cash flow has doubled.
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This marks the first time that Ackman's $8 billion fund has announced a new position since late last year when it bought a stake in Starbucks Corp.
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Billionaire Leonardo Del Vecchio bought a stake in Salini Impregilo taking part in a share sale the Italian builder launched on Thursday, the Salini chief executive said.
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Molson Coors Brewing announced Monday it has bought a stake in L.A. Libations, a drink company and incubator that makes products like turmeric seltzer and aloe water.
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Peltz's Trian Partners bought a stake in P&G earlier this year and pushed for a board seat, taking it to shareholders in a hotly contested election.
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On July 23rd it was announced that Accenture, a big consultancy, had bought a stake in the company, in order to use its technology for its own clients.
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Stevens joined the Warriors ownership team in 2013, when Vivek Ranadivé bought a stake in the Sacramento Kings and was forced to divest his share of the Warriors.
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When Advent first bought a stake in Maxam in 2011, the Spanish manufacturer booked core profit of 113 million euros, which rose to 146 million euros in 2016.
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Vivendi first bought a stake in Ubisoft in 2015 and raised it in 2016, prompting the Guillemot family to court Canadian investors to fend off any hostile approach.
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The founding family of Idemitsu Kosan has bought a stake in Showa Shell in a bid to block Idemitsu management's takeover plan, the family's lawyer said on Wednesday.
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Why it matters: The activist investor — who bought a stake in the company in August — is speaking to food industry veterans as potential challengers to current board members.
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Mortgage lender HDFC said it is selling HDFC Developers and HDFC Realty to online classified advertising platform Quikr India and added it has bought a stake in Quikr.
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In 1995, Al-Waleed's investment group bought a stake in Trump's Plaza Hotel in New York City — a purchase valued at $325 million, according to the International Business Times.
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Last year, Total's start-up ventures unit bought a stake in wind turbines company United Wind, while it also announced plans to install solar panels at 5,000 service stations.
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Alwaleed said he bought a stake in ride-sharing company Lyft because he was able to get a "better entry point" in terms of valuation versus its competitor Uber.
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Japanese trading house Itochu Corp, which bought a stake in a new joint venture with Transmar in early 2016, said earlier this month that it would exit the venture.
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Deripaska and Potanin have periodically been at loggerheads since Rusal, the world's largest aluminum producer outside China, bought a stake in Nornickel just before the 2008 global financial crash.
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Yum bought a stake in GrubHub last year for $200 million, to increase sales at its KFC and Taco Bell restaurants in the United States through pickup and deliveries.
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Shares of Penn (which recently bought a stake in Barstool Sports) and MGM Resorts were each down about 75% from a month earlier, at the time of this writing.
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During the debt crisis that unnerved the most vulnerable economies in Europe, China invested in ports in Portugal and Greece and even bought a stake in Italy's electrical grid.
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Klarna received its banking license from Sweden's financial watchdog last month, two weeks after Anders Holch Povlsen, owner of Danish fashion retailer Bestseller, bought a stake in the company.
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A large activist investor firm, Elliott Management, bought a stake in AT&T last quarter and issued a scathing letter particularly criticizing AT&T's recent efforts in TV and entertainment.
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It plans to build up a comprehensive charging infrastructure for electric cars in Austria, with petrol station group OMV involved in the project after it bought a stake in Smatrics.
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Bryant, who bought a stake in Body Armor in 2013, has said that he wants to be known for his desire to help entrepreneurs be successful over his basketball career.
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Gibson — maker of the classic Les Paul and Fender's historic rival in the American guitar market — bought a stake in Japanese home cinema and audio specialist Onkyo back in 2012.
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Qatar Airways bought a stake in Italian airline Meridiana in 2017, rebranded it Air Italy and transformed it into a carrier with five announced non-stop U.S. destinations from Milan.
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Woodside bought a stake in the $34 billion Wheatstone project in 2015, and it is set to contribute more than 13 million boe to Woodside's annual output at full tilt.
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The offer will include the sale of stock by Chinese group Weichai, which bought a stake in 2012, and Italian billionaire Piero Ferrari, Ferretti said in a statement on Monday.
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Last year, China's sixth largest private company CEFC bought a stake in Czech airline firm Travel Service, operator of low-cost carrier Smartwings and the second-largest shareholder in Czech Airlines.
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British drugmaker Shire is being acquired for $62 billion in Japan's biggest-ever overseas purchase, and a consortium led by SoftBank Group bought a stake in Uber Technologies for $93 billion.
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NEW YORK (Reuters) - Investment firm iM Global Partner bought a stake in Dynamic Beta investments, a U.S. firm that tries to duplicate large hedge funds' strategies but for far lower fees.
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In July, after failing to find a private investor for the firm, the KfW bought a stake in high-voltage grid operator 50Hertz to prevent China's state grid acquiring the shareholding.
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SOCHI, Russia, Feb 16 (Reuters) - Russia's VTB bank has bought a stake in Russian food retailer Magnit from its Chief Executive Sergey Galitskiy, the bank and the company said on Friday.
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Earlier this month, the private equity firm bought a stake in Geidea, the leading provider of electronic payment solutions in Saudi Arabia, for a deal value exceeding 1 billion riyals ($267 million).
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Alibaba bought a stake in the firm for $692 million nearly three years ago, but now it is bidding to buy it outright and delist it from the Hong Kong stock exchange.
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MILAN, Nov 7 (Reuters) - Billionaire Leonardo Del Vecchio bought a stake in Salini Impregilo, as he took part in a share sale the Italian builder launched on Thursday, Salini chief executive said.
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Last September, the bank announced it had bought a stake in InvestCloud, a software company that it will use to customize its website and mobile apps for its wide-ranging client base.
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Winfrey has been incredibly open about her personal life, on her talk show and also with her endorsement of Weight Watchers, the diet program in which she bought a stake in 2015.
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The move effectively ends a bitter battle that started around nine months ago when DNO bought a stake in the British firm, only for Faroe to resist its requests for board seats.
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MOSCOW, Dec 26 (Reuters) - Russia's state development bank VEB said on Thursday it bought a stake in Blagosostoyanie, one of the country's biggest pension funds but not involved in managing state pensions.
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Clas Ohlson in December bought a stake in Swedish online grocery store MatHem, hoping to reach new customers via MatHem's website as well as use its fast delivery services to the front door.
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In October 2015, it invested in drone maker CyPhy Works, and this February bought a stake in same-day delivery company Deliv - in both instances to understand and harness potentially industry-shaking technologies.
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The California Public Employees' Retirement System recently bought a stake in a private Indiana toll road with a troubled history, one sign of how popular infrastructure investments have become among U.S. pension funds.
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NEW YORK (Reuters) - Legg Mason Inc said on Friday it bought a stake in a company re-engineering exchange-traded funds in the hope of improving the performance of the popular investment products.
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In Oct 2016, Alibaba Pictures bought a stake in Amblin Partners, the production platform backed by legendary director Steven Spielberg to work together on production, marketing and distribution both globally and in China.
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Kris and Rob unleashed a social media ad blitz Thursday, promoting a line of Christmas-themed socks that were just released by Arthur George, the clothing company Kris just bought a stake in.
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ZURICH (Reuters) - Schindler has bought a stake in a Chinese lift maker as the Swiss company tries to close the gap on rivals Kone and Otis in the world's biggest market for elevators.
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Tencent also bought a stake in Yonghui Superstores Co Ltd, apparel retailers Vipshop Holdings Ltd and Heilan Home, mall operator Wanda Commercial, and this month snagged a strategic tie-up with grocer Bubugao.
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MOSCOW (Reuters) - Russian businessman Arkady Rotenberg, a former judo training partner of Russian President Vladimir Putin, denied on Wednesday a media report that he had bought a stake in Russian gas giant Gazprom (GAZP.MM).
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It added it was very pleased with Kuka's share price performance since Voith bought a stake in November 2014, when Kuka shares traded between about 50 euros and 62.50 euros on the stock market.
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Shenzhen-based Sundiro Holdings also bought a stake in Simpson Marine in 2015 in a bid to be a "major player in the yacht industry," according to a press release issued at the time.
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The fund said it had also bought a stake in a logistics property in San Francisco, paying $29.1 million for a 45 percent stake, while Prologis would buy the rest and manage the site.
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The Communist government banned gnome production in 1948 but by 1960 the state had bought a stake in the firm and 12 years later it was nationalized and merged with another local terracotta company.
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The activist investor Carl C. Icahn, who bought a stake in Freeport-McMoRan last year, has pushed the company to spin off its oil and gas business so it can focus on copper mining.
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While star performer Alibaba has returned 1,000 percent since the fund bought a stake in 2012, others such as food delivery company Hello Fresh and online furniture retail company Home24, had so far disappointed.
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Elliott, an activist hedge fund, revealed recently that it has bought a stake in AT&T and criticised its management's approach to acquisitions, which has saddled the company with around $160bn in net debt.
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MOSCOW, Aug 7 (Reuters) - Russian businessman Arkady Rotenberg, a former judo training partner of Russian President Vladimir Putin, denied on Wednesday a media report that he had bought a stake in Russian gas giant Gazprom.
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The auction sale in 2016 has been contested at British court by Empreno Ventures, controlled by Russian businessman Dmitry Kosarev, who bought a stake in a holding company that owned Vivacom prior to the auction.
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Last month, a German state bank bought a stake in high-voltage grid operator 50Hertz to prevent China's state grid acquiring the shareholding and promised to consider ways of better protecting companies from foreign acquisition.
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Diniz and his family, who bought a stake in Carrefour's Brazilian unit more than a year ago, said on March 18 they were reviewing their earlier decision to maintain their stake in Carrefour SA unchanged.
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That has been followed by a 1.5 billion euro bid on Thursday for Stockholm-based Bambora by France's Ingenico, and, on Friday, news that private equity firm Permira had bought a stake in Sweden's Klarna.
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ValueAct, a shareholder in Halliburton since 2012, disclosed last January that it bought a stake in Baker Hughes, saying at the time that its belief in the deal was underpinned by the drop in oil prices.
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AND BOUGHT A STAKE IN RUPERT MURDOCH'S 21ST CENTURY FOX INC - BLOOMBERG CITING SOURCE * TCI FUND MANAGEMENT SAID TO HOLD NON-VOTING SHARES, DOESN'T PLAN TO BE ACTIVIST ON FOX -BLOOMBERG CITING SOURCE Source text: bloom.
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It has also bought a stake in AccelFoods, a U.S. fund that looks for upstart natural and organic brands, and in Farmer's Fridge, a U.S. company which makes vending machines that sell organic salads and snacks.
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Mediaset, controlled by the family of former Prime Minister Silvio Berlusconi, has made no secret of its ambition to become the first free pan-European broadcaster and last month bought a stake in German rival ProSiebenSat.1.
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In 2018, for instance, Mercedes launched its first all-electric SUV, the Mercedes-Benz EQC, while Volvo Cars bought a stake in FreeWire Technologies, a California-based electric car charging business, through its Volvo Cars Tech Fund.
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Loeb's hedge fund Third Point, which bought a stake in Dover during the third quarter, said in October that the company's shares underperformed the industrial peer group due to a significant earnings decline in its energy business.
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Tencent, with a current market capitalisation of $341 billion, has previously bought a stake in Singapore-based gaming startup Sea Ltd, formerly known as Garena, which was valued at $3.75 billion after a March 2016 funding round.
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MILAN, May 31 (Reuters) - European shares opened flat on Wednesday, weighed by a fall in mining stocks and lifted by a big rise for Ericsson after an activist investor bought a stake in the telecoms equipment firm.
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STOCKHOLM, Nov 28 (Reuters) - Former Sweden striker Zlatan Ibrahimovic was branded "Judas" in graffiti sprayed on a building he owns in Stockholm on Wednesday night following the announcement he had bought a stake in Stockholm club Hammarby.
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After Comcast first bought a stake in NBCUniversal in 2011, buying the Fox assets would give Comcast, the largest cable provider in the United States, an international distribution footprint through ownership of Sky and Star in India.
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FRANKFURT, July 27 (Reuters) - German lighting group Osram reported stronger sales and core profit for its third quarter, driven by automotive and infrared semiconductors, and bought a stake in Canada's LeddarTech to strengthen its position in autonomous driving.
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In a further sign of his ambitions in the market, Alabbar has bought a stake in Middle East Venture Partners (MEVP), a venture capital firm with more than $120 million of assets under management, MEVP said on Thursday.
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Still, when RSE Ventures, led by Stephen M. Ross, the majority owner of the Miami Dolphins, bought a stake in VaynerMedia in 20103, it came with a half-serious option for equity in the football team, as well.
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UL In July, the state-controlled KfW bank bought a stake in high-voltage grid operator 50Hertz to prevent China's State Grid acquiring the shareholding, after Berlin failed to find an alternative private investor in Europe for the firm.
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Gulf Capital, an Abu Dhabi-based private equity firm, said in May that it had bought a stake in Geidea, the leading provider of electronic payment solutions in Saudi Arabia, in a deal worth over 1 billion riyals ($267 million).
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Amazon just bought a stake in a major competitor to food delivery giants like Uber Eats and Just Eat, and experts have some theories as to the logic behind the deal and what it means for the e-commerce giant.
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To build its international footprint, Uber has struck deals and bought a stake in: Beijing-based Didi Chuxing, China's ride-hailing leader; Singapore-based Grab, which dominates the Southeast Asian market; and a joint venture with Yandex, simply called Yandex.
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The companies bring in hundreds of millions in revenue and have powerful backers: Alibaba bought a stake in SM in 2016 while the private equity arm of luxury company LVMH invested up to $80 million in YG back in 2014.
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DUBAI (Reuters) - Gulf Capital, an Abu Dhabi-based private equity firm, said on Monday it has bought a stake in Geidea, the leading provider of electronic payment solutions in Saudi Arabia, for a deal value exceeding 1 billion riyals ($267 million).
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Also in 1984, as China emerged from decades of political and economic turmoil, Ruth Chao bought a stake in a Chinese company that manufactured marine equipment, including radars, in partnership with Raytheon, the American defense contractor, according to Chinese corporate documents.
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The PIF will invest abroad - in June, it bought a stake in U.S. ride-hailing firm Uber for $3.5 billion - but it will focus much of its money and management attention on domestic projects designed to reduce Saudi Arabia's reliance on oil exports.
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A decade ago, the China Investment Corporation, China's sovereign wealth fund, bought a stake in Morgan Stanley, a deal that signaled a shift in the investment strategy of organizations with links to the Chinese government away from domestic acquisitions to overseas purchases.
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Among the many other deals, U.S. credit card processor Vantiv is buying Britain's Worldpay, French Ingenico is buying Stockholm-based Bambora and private equity funds Blackstone and CVC have teamed up to buy Britain's Paysafe while rival Permira has bought a stake in Klarna.
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Musk also said previously that Saudi Arabia's PIF, which bought a stake in Tesla earlier this year of just under 5 percent, could help fund the cash portion of the deal, though sources close to the sovereign wealth fund had played down that prospect.
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For example, last year Amazon bought a stake in Indian departmental store Shoppers Stop — and news site Mint reported that the e-commerce giant planned to use that partnership to set up experience centers to show potential customers its brands, mostly in fashion and accessories.
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Those rumors proved false — it was the Carlyle Group, a private equity firm, that ultimately bought a stake in Supreme, in a reported $500 million deal that valued the company at over $1 billion, a formerly scrappy stalwart still best known for $40 T-shirts turned prospective cash cow.
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It has also spent $73 billion on a minority stake in appliances retailer Suning Commerce Group Co Ltd, is leading a $2.6 billion bid to take department store and shopping mall operator Intime Retail Group Co Ltd private and has bought a stake in grocery chain Sanjiang Shopping Club Co Ltd.
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The day after that, LVMH, Kering's greatest rival, which had recently bought a stake in Stella McCartney (a company formerly a joint venture with Kering, which is famous for its green cred), held a news conference to discuss the progress of its LIFE program (LVMH initiatives for the environment, established in 2012) and achievements in the climate sphere.
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