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"sell up" Definitions
  1. (especially British English) to sell your home, possessions, business, etc., usually because you are leaving the country or retiring

481 Sentences With "sell up"

How to use sell up in a sentence? Find typical usage patterns (collocations)/phrases/context for "sell up" and check conjugation/comparative form for "sell up". Mastering all the usages of "sell up" from sentence examples published by news publications.

The bank will sell up to 153 million new shares, while its shareholders International Finance Corp, part of the World Bank, and IFC FIG will sell up to 21.6 million shares.
When business is slow, it makes sense to sell up.
She talks of a "shut up or sell up" mentality.
The country will sell up to $750 million of each bond.
It is evident that many farmers would not sell up impetuously.
They may also sell up to an additional 15 percent, Mavi said.
Moreover, with prices rising fast, people are not rushing to sell up.
It also plans to sell up to 100% of Vietnam Paper Corp.
The company and its shareholders could sell up to 95 million shares.
"On a busy night, we can sell up to 40 mugs," says Pang.
Lyft will sell up to 200,000 cards, or $1 million in free Starbucks.
Employees would be able to sell up to half of their Uber stock.
The temptation in these crashes, of course, is to panic and sell up.
The country will sell up to 12.5 billion pesos ($804.89 million) in each bond.
Officials had said they expected to sell up to 40 percent of the blocks.
Tilray entered into an agreement with Cowen to sell up to $400 million shares.
Last year, Vivendi announced a plan to sell up to 50 percent of UMG.
Italy will sell up to 8.5 bln euros in bonds at March 300 auction.
Italy will sell up to 8.5 bln euros in bonds at March 31 auction.
Italy will sell up to 2300 bln euros in bonds at Nov 2225 auction.
The document outlines that Tesla will sell up to $22.2 billion in convertible senior notes.
Initially, authors proposed to allow automakers and others to sell up to 100,000 vehicles immediately.
With Davies withdrawing his financial backing and looking to sell up, the situation was dire.
HMNY filed an S-3 to sell up to $1.2 billion in debt and equity.
Airbus wants to sell up to 6,000 of the planes over the next 20 years.
The transactions call for GE to sell up to 101 million shares of Baker Hughes.
AWC plans to sell up to 8 billion shares, at 6 baht ($0.1961) per share.
The company said it could sell up to half of its Universal Music Group assets.
Including an overallotment arrangement, Line will sell up to 132.8 billion yen ($1.3 billion) of shares.
The central bank said it was prepared to sell up to another $100 million on Thursday.
Under the agreement, Glencore has the right to sell up to a further 20 percent stake.
Italy is expected to sell up to 1.75 billion euros of bonds later in the day.
Under the new agreement, Walgreens said that it was willing to sell up to 1,200 stores.
N) plans to sell up to $150 million worth of shares in China's Lenovo Group Ltd (0992.
The owners said on Thursday they will sell up to 40 percent via a stock market listing.
The bank also said on Monday it would sell up to $20,000 per quarter to small firms.
Argentina would sell up to $15 billion in bonds from April to finance the payment, he added.
Other employees will be able to sell up to an additional 782 million shares on Aug. 14.
Vivendi has said it could sell up to 50 percent of UMG to one or more strategic partners.
Portugal is due to sell up to 1 billion euros of five-year bonds later in the day.
If downsizing is unlikely, boomers may at least sell up when they move into an old people's home.
AND YOU HAVE SAID YOU HAVE THE POTENTIAL TO SELL UP TO $2 BILLION IN REVENUE OF PRODUCTS.
The goal is to sell up to 100 buses in Tokyo before the start of the summer games.
Founders of startups are often quick to sell up, rather than building their ventures into big global companies.
Norwegian is also in discussions to sell up to five Airbus 320neo aircraft, currently leased to HK Express.
Aerospace firm Bombardier has announced a deal to sell up to 24 of its CS300 aircraft to EgyptAir.
Spain's Treasury said it would sell up to 4.75 billion euros of bonds at an auction on Thursday.
Portugal is to sell up to 1 billion euros of seven-year and 20-year bonds on Wednesday.
Spain will sell up to 4.5 billion euros of bonds of varying maturities, including an inflation-linked note.
Goldman will sell up to 3.74 percent stake in Max Financial in a block trade, the term sheet revealed.
The trade-weighted value of sterling is 5% above its post-referendum low, encouraging overseas holders to sell up.
But analysts say Bayer might still have to pay more to persuade Monsanto and its shareholders to sell up.
Sources had previously told Reuters they expected Anglo American to sell up to 30 percent of the copper project.
He now plans to sell up to 75m shares, worth around $12bn, and still keep control of the company.
FPT also plans to sell up to 5 percent of FPT Trading to the unit's employees, the statement said.
The bank said it would sell up to a 10 percent stake in Pekao via an accelerated bookbuilding procedure.
Commerzbank analysts expect the country to sell up to 300 million euros of 10-year and 20-year bonds.
Offering details: Monster will create 500 million tokens and will sell up to 300 million of them at $1.
Anadarko also said it planned to sell up to $3 billion of assets this year to generate more cash.
Disgruntled supporters have recently formed the "Time To Go, Massimo" protest group, hoping to force Cellino to sell up.
They can sell up to one-quarter of their own shares or up to $25 million worth, whichever is less.
Takeda also has a plan to sell up to $10 billion worth of non-core assets to pay back debt.
The Serbian government plans to sell up to 83.23% of Komercijalna shares and in May announced criteria for potential bidders.
Vivendi has said it could sell up to 50 percent of UMG to one or several of its strategic partners.
The Department of Energy had said it would sell up to 8 million barrels as part of its modernization program.
Takeda also has a plan to sell up to $10 billion worth of non-core assets to pay back debt.
Back-of-the-envelope calculations give an idea of the effect on house prices when boomers begin to sell up.
LG reported roughly 400,000 OLED displays shipped in 2015 and hopes to sell up to a million units in 2016.
Foxconn also said it would sell up to T$27 billion in bonds to refinance debt and replenish working capital.
TALKING behind his grocery shop's generously stocked sausage-counter, a gloomy Daniel Przybylowski says it is time to sell up.
Saudi Aramco said in its prospectus that it will sell up to 23.6728% of its shares to individual retail investors.
Italy's Treasury said on Friday it will sell up to 210 bln euros in bonds at auction on Nov 210.
Gossamer plans to sell up to 14.4 million shares at $16 per share and trade on the Nasdaq stock exchange.
Below that rate, the central bank can sell up to a modest $150 million a day to support the peso.
Mr. Neumann owns about 30 percent of the company and could sell up to $1 billion in shares to SoftBank.
The new offering includes a rare "upsize" option that will enable the company to sell up to 36.8% more shares.
Italy to sell up to 240 bln euros in bonds at auction on Thursday Treasury sells CTZ and BTPei bonds.
PL VENTURES SA * ‍FULCRUM FIZ AND MEZZO CAPITAL START ACCELERATED BOOK BUILDING PROCESS (ABB) TO SELL UP TO 14 MILLION CO'S SHARES EQUAL TO 9.93 PERCENT STAKE IN CO​ * ‍FULCRUM FIZ AND MEZZO CAPITAL PLAN TO SELL UP TO 14 MILLION CO'S SHARES IN PRIVATE OFFERING Source text for Eikon: Further company coverage: (Gdynia Newsroom)
He also plans to sell up to $400 million of his stake in Altice USA by the end of the year.
Early on, Airbus hoped to sell up to 1,200 supersize planes over two decades; it has produced only 194 so far.
The bank will sell up to 97.7 million new shares in the IPO that will close for subscription on March 19.
KS) plans to sell up to $292 million worth of shares in fighter jet manufacturer Korea Aerospace Industries (KAI) Ltd (047810.
Chicago, downgraded to "junk" last year by Moody's, plans to sell up to $1.25 billion of general obligation bonds this quarter.
Italy is set to sell up to 7.75 billion euros of debt on Thursday in an auction, including 10-year bonds.
The IPO will also include an offer by Reliance Capital to sell up to 79.5 million shares, Reliance Capital said here.
It will sell up to 46.6 percent of ENAV in an IPO valuing the company at up to 1.896 billion euros.
Lanxess is another near-term candidate, having announced plans to sell up to 750m to finance the acquisition of Chemtura Corp.
The $35 billion group controlled by tycoon Vincent Bolloré wants to sell up to half to "one or more strategic partners".
Its centrepiece is a plan to sell up to 5 percent of Aramco in an initial public offering (IPO) next year.
The Treasury also said on Tuesday it would sell up to 2300 billion euros in bonds at auction on Sept. 210.
Italy's Treasury said on Monday it would sell up to 4.5 billion euros in bonds at auction on Monday, December 2300.
San Miguel plans to sell up to 73 billion pesos worth of preferred shares over three years, partly to fund expansion.
The state also plans to sell up to $103 million of bonds in December to fund capital projects, according to the announcement.
ISTANBUL, April 6 (Reuters) - Turkish retailer Boyner Holding is looking to sell up to 20503 percent of its online fashion site, Morhipo.
Mr. Musk reiterated earlier forecasts that Tesla would sell up to 90,000 Model X S.U.V.s and Model S luxury sedans this year.
Analysts said the family would then be able to sell up to a 25 percent stake without reducing their current voting rights.
ABN Amro Group NV announced on Tuesday the Dutch state's intention to sell up to 65 million of depositary receipts in co.
Rogers, who will remain involved with GEDmatch, did not immediately respond to queries from BuzzFeed News about the decision to sell up.
The new Budweiser APAC offering includes a rare "upsize" option that will enable the company to sell up to 36.8% more shares.
KIEV, Jan 5 (Reuters) - Ukraine's central bank said it is prepared to sell up to $100 million on Friday to support the hryvnia.
TENCENT MUSIC ON THE SCENE Vivendi has said it could sell up to 50 percent of UMG to one or more strategic partners.
When Airbus announced its plans to build the plane in 215, it hoped to sell up to 1,200 of them over two decades.
The finance ministry has said it plans to sell up to 1 billion levs in new bonds on the local market next year.
The German engineering giant is expected to sell up to 25% of the business, which would make it Germany's biggest IPO since 1996.
In an amended filing with the U.S. Securities and Exchange Commission, the company expects shareholders to sell up to 55.7 million ordinary shares.
Popolare di Bari was seeking to sell up to 1 billion euros ($1.12 billion) under the scheme, sources told Reuters earlier this month.
Earlier Uber ended its attempted conquest of the mainland's taxi-hailing market after agreeing to sell up to its bigger rival, Didi Chuxing.
Volkswagen aims to sell up to 25 percent of the business as part of the listing and keep a majority, the magazine said.
They had said they might sell up to $750 billion in U.S. securities and other American assets in retaliation if it became law.
He co-founded Bob's Pickle Pops with his in-law, David Millar, and they now sell up to 603 million units a year.
The company said Volozh and his family trust may sell up to a total of 2,029,580 Class A shares over the next year.
Birch had briefed Zahavi on Chelsea's financial woes, how it could barely pay the players' salaries and how Bates wanted to sell up.
Its two main shareholders, Nippon Life and billionaire Anil Ambani's Reliance Capital, will sell up to 25.5 million and 11.2 million shares, respectively.
The IPO included a rare "upsize" option that enabled the Belgium-based brewer to sell up to 36.8% more shares in the offering.
India's federal government, which owns an 89.85 percent stake in MSTC, aims to sell up to 25 percent of its share in the company.
Mortgages have become easier to obtain in general, and the recovering housing market has enabled retirees to sell up and move to warmer places.
RABAT (Reuters) - Maroc Telecom, Morocco's largest telecom operator, said on Friday that the government would sell up to an 8% stake in the company.
The Saudi government plans to sell up to 5 percent in Aramco next year in what could be the world's largest initial public offering.
The pact allows ICPF to sell up to 19.9 percent of its stake in Investa to the Canadian firm, if Oxford acquires the company.
Saudi Aramco will sell up to 218% of its shares to individual investors in what could be the largest initial public offering in history.
Badea said a legal provision forcing Hidroelectrica to sell up to 65% of its output on the regulated market could hurt its listing plans.
But it will also become one of the world's most indebted and has plans to sell up to $10 billion in non-core assets.
In the House's version of the bill, automakers would be allowed to sell up to 85033,000 vehicles in the first year they are offered.
In return, the firm agreed to sell up to 25% of its output at low prices to makers of car batteries operating in Chile.
Filecoin plans to sell up to 10% of its tokens through this offering, though it did not disclose how much it's trying to raise.
This is because QFII is denominated in dollars, which are exchanged onshore for yuan and then back into dollars when holders want to sell up.
Conversely, a £60 billion ($78 billion) stimulus program by the Bank of England suffered an embarrassing shortfall on Tuesday as bondholders refused to sell up.
I think the market might sell up a little bit," the Merrill Lynch head of U.S. equity and quantitative strategy said Tuesday on "Fast Money.
Meanwhile, iron ore miner NMDC Ltd dropped 3.9 percent after the government unveiled a plan to sell up to 47.5 million shares in the company.
In May, the Nanjing-based company said it planned to sell up to 7.66 million shares in Alibaba Group, equivalent to a 0.3 percent stake.
COM PREVIOUSLY HAS SAID IT PLANS TO SELL UP TO 7.66 MLN SHARES, OR 0.3 PCT STAKE, IN ALIBABA GROUP Source text in Chinese: bit.
Aramco's listing is due in December and the company said last weekend that it will sell up to 0.5% of its shares to individual investors.
On July 31, early investors will be able to sell up to 400 million shares, with employees allowed to sell another 782 million on Aug.
BTW -- Proper No. Twelve tells us they're donating $5 to first responders for every case of whiskey they sell ... up to $1 million a year.
Riyadh is expected to sell up to $10 billion of sukuk with an issue that could take place in the next few weeks, bankers say.
France is scheduled to sell up to 9.5 billion euros of new debt including a new 10-year bond, while Spain sells long-dated bonds.
However, early investors will be able to sell up to 400 million shares starting July 31, according to a report by JPMorgan analyst Doug Anmuth.
Tesla plans to sell up to 23,53 Model S and Model X units this year and the Model 25 won't begin production until late 230.
National Bank (NBG), Greece's second-largest lender, plans to sell up to 1.5 billion euros in unsecured consumer loans and has hired PriceWaterhouseCoopers as sale adviser.
A further test will come later on Thursday as the sovereign looks to sell up to 6.5 billion euros of government bonds or BTPs at auction.
The company also granted underwriters a so-called greenshoe over-allotment option to sell up to 900,000 more shares, it said in a statement on Friday.
He confirmed the holding company is ready to sell up to 2300 percent of Aeroporti di Roma and Autostrade per l'Italia, thw two units of Atlantia.
Italy's biggest commercial bank could sell up to 2100 percent of its asset management unit Eurizon, La Repubblica said citing sources with knowledge of the matter.
Reuters in October reported that Codelco was in talks to sell up to 60,7733 tonnes of copper a year to China Minmetals from 2019 to 2021.
Saudi officials have said the government plans to sell up to 5 percent of Aramco shares on one or more foreign exchanges in addition to Riyadh.
Now the plan is to sell up to $1.2 billion of shares in a lower-key initial public offering in New York slated for mid-December.
Brazil last used options in 2013, when it offered contracts for farmers to sell up to 3 million bags to the government at a fixed price.
PARIS (Reuters) - French tycoon Vincent Bollore is looking to cash in on the music industry's revival with plans to sell up to half of Vivendi (VIV.
Zuckerberg has previously made clear his intention to sell up to 75 million shares so he can fund his philanthropic efforts through the Chan Zuckerberg Initiative.
Mr Dorsey is unlikely to want to sell up yet: he wants his flock to keep the faith, and still hopes to pull off a miracle.
In the week before Yom Kippur, Zabar's can sell up to 10,000 pounds of smoked fish, about four times the amount it sells in other weeks.
The company will sell up to 1.13 billion shares and use the proceeds to help fund acquisitions, expand domestic and international distribution networks, and pay debts.
Other employees, including CEO Evan Spiegel and CTO Robert Murphy, and will be able to sell up to an additional 782 million shares on Aug. 14.
U.S. officials told Reuters this month Washington wants to sell up to 12 A-29 Super Tucano attack aircraft to Nigeria but Congress needs to approve this.
In late 2017, Zuckerberg said he planned to sell up to 75 million shares, worth more than $12 billion at the time, by March of this year.
He will also be able to sell up to nearly $1 billion worth of his stock, though some of that would go to repay the SoftBank loan.
On Wednesday, Tesla announced it would sell up to $1.7 billion in new common shares, in part to pay for machinery and engineering for the Model 3.
Shares of Bombardier Inc rose 3.6 percent to C$2.29 after the company sealed a deal to sell up to 50 Q400 turboprop planes to India's SpiceJet.
The flagship Lord and Taylor building, we closed down and we said we will sell up to 290 other Lord and Taylors, so we're doing that. Why?
Nationally, Labour wants to double the size of the co-operative sector, for instance by giving workers a "right to own" if a firm's owners sell up.
Just last year, ahead of his meeting with Kyogi Horiguchi, the featherweight champion was sick of answering questions about his failure to sell up until that point.
As of Monday, investors including Lightspeed Venture Partners could sell up to 400 million shares, with employees owning another 782 million that can start selling on Aug.
Aramco wants to develop its downstream business as the government prepares to sell up to 5 percent of the world's largest oil producer, possibly by next year.
Energy stocks were also stronger, with Woodside Petroleum closing higher after agreeing to sell up to 12 LNG cargoes to German utility RWE between 2018 and 2020.
KIEV, Jan 10 (Reuters) - The Ukrainian central bank is prepared to sell up to $100 million on Tuesday, it said on its website, without giving further details.
Spain will sell up to 750 million euros of an inflation-linked bond maturing in 2030 alongside up to 4.5 billion euros of 2021 and 2026 bonds.
L) had signed a major deal to sell up to 20,000 tonnes of cobalt products to a Chinese firm, a move that in turn helps Volkswagen (VOWG_p.
LONDON (Reuters) - Private equity-backed Siccar Point is seeking to sell up to half its stake in a major North Sea oil project led by Chevron (CVX.
KIEV, Jan 6 (Reuters) - The Ukrainian central bank is prepared to sell up to $70 million on Friday, it said on its website, without giving further details.
Aramco wants to develop its downstream business as the government prepares to sell up to 5 percent of the company, which is the world's largest oil producer.
Roku — Shares of the streaming device maker dropped 3.9% after the company announced plans to sell up to 1 million shares in a bid to raise capital.
KIEV, March 13 (Reuters) - Ukraine's central bank is ready to sell up to $200 million on Friday to support the hryvnia currency, it said in a statement.
KIEV, March 16 (Reuters) - Ukraine's central bank is ready to sell up to $200 million on Monday to support the hryvnia currency, it said in a statement.
BUDGET ACT Under the 2015 law, the SPR was directed to sell up to $2 billion of SPR crude from 2017 to 2020 to modernize the SPR.
The company's largest owners, former local phone carriers, will sell up to 36 million existing shares and the company will issue new shares worth 50 million euros.
It said on Tuesday it would sell up to $2786.9 million through reverse currency swaps, but later canceled the auction ahead of a market holiday on Wednesday.
Rumors of the sale swirled last month, and Constellation said in February that it may sell up to 40% of its wine brands because they are underperforming.
AB InBev had included a rare "upsize" option in the deal that enabled the Belgium-based brewer to sell up to 36.8% more shares in the offering.
Looking to raise additional capital, Helios and Matheson said it would sell up to $150 million in a stock sale that essentially seems geared to fund MoviePass's expansion.
ZTE in the filings said state-owned controlling shareholder Zhongxingxin Telecom plans to sell up to 2 percent in ZTE A-shares via block trades within 90 days.
DONG said it would sell up to 17.4 percent of its shares in the initial public offering and that the Danish state would keep a 50.1 percent stake.
And the energy arm of Ayala Corporation, a Filipino conglomerate, announced plans last year to sell up to half its coal assets and to invest more in renewables.
The group confirmed it wanted to sell up to 50 percent of UMG, which analysts value between 20 to 40 billion euros, to one or several strategic partners.
K+S plans to sell up to 500,000 tons of potash annually in the United States, accounting for some 7 percent of U.S. demand, according to industry estimates.
Riyadh is expected to sell up to $10 billion of sukuk with an issue that could take place in the next few weeks, bankers told Reuters last week.
"I can sell up to 0003,000 of these per week," said the 34-year-old, inspecting his work as he dried his muddy hands with a worn towel.
K+S plans to sell up to 500,000 tonnes of potash annually in the United States, accounting for some 7 percent of U.S. demand, according to industry estimates.
A unit of Singapore's Temasek Holdings will sell up to 12.3 million shares, which at the upper end of the price range would be worth 5.66 billion rupees.
The bank was due to sell up to $20.21 million through reverse currency swaps on Tuesday, but later canceled the auction ahead of a market holiday on Wednesday.
Tanzania has already promised to sell up to 700,000 tonnes of maize to Zimbabwe, a move that the country's president hoped would stimulate trade between the two nations.
KIEV, March 12 (Reuters) - Ukraine's central bank is prepared to sell up to $200 million at an auction on Thursday to support the hryvnia currency, the bank said.
New York (CNN Business)Tesla plans to sell up to 3 million additional shares in an effort to take advantage of the massive rally in its stock price.
"A 50 kg bag fetches about 100 shillings (about $10), and one person can sell up to 20 bags in a day to traders and farmers," she said.
Italian newspapers reported last week that Atlantia, which has a market value of 19.4 billion euros ($21 billion), could sell up to 30 percent of ASPI to fund acquisitions.
Boeing announced Friday it had inked two separate deals to sell up to 24.2 of its popular 220 MAX jets worth a list price just shy of $18 billion.
San Miguel had said it would sell up to 73 billion pesos worth of preferred shares over three years, starting with the 30 billion pesos it issued this month.
The sale is part of a resolution to sell up to $375 million of crude in fiscal 2017 to fund operational improvements to the infrastructure that holds the reserves.
SSE also confirmed its intention to sell up to a third of its 50 percent stake in regional gas distribution business SGN, with a sales process now under way.
The company said the selling shareholders were expected to sell up to 247.9 million shares, raising 21.1-26.0 billion roubles and valuing the company at 62.8-77.6 billion roubles.
The market is dominated by Glencore, which produced more than 28,000 tonnes in 2016 and agreed to sell up to 20,000 tonnes of cobalt to a Chinese battery maker.
Within three years, the bill would allow automakers to each sell up to 80,000 self-driving vehicles annually if they could demonstrate they are as safe as current vehicles.
SAO PAULO, Nov 8 (Reuters) - Brazilian logistics firm Log-in Logistica Intermodal will sell up to 51.3 million new shares in an offering expected to be priced on Nov.
The central bank announced plans last month to sell up to $20 billion of the contracts, expanding its tool kit of measures it can use to support the peso.
As part of the deal, GE is looking to sell up to 120.75 million shares, including over-allotment option, of Baker Hughes' Class A common in a secondary offering.
News that the beleaguered Japanese company will sell up to $41 billion worth of assets to buy back $8 billion worth of shares and pay down debt heartened investors.
News that the beleaguered Japanese company will sell up to $41 billion worth of assets to buy back $8 billion worth of shares and pay down debt heartened investors.
France plans to sell up to 7.5 billion euros of short-dated bonds, and Spain up to 4.5 billion euros of short and long-term debt later on Thursday.
The province has agreed to sell up to approximately 15 million shares in Hydro One to First Nations which, depending on their participation would reduce provincial ownership to 47.4%.
The Italian government, which is ENAV's sole owner, plans to sell up to 49 percent of the group in a deal that could fetch up to 1 billion euros.
Argentina's government plans to sell up to $15 billion in debt next week, using the proceeds to pay off 90 percent of the holdouts who recently settled their claims.
In October, he revealed that he plans to sell up to 75 million shares, worth more than $12 billion at the time, by March 303 to fund the project.
The company will sell new shares worth 37.50 billion rupees ($561.8 million) in the IPO, while its shareholders will sell up to 18 million shares, a regulatory filing here.
ANNOUNCES AGREEMENT TO SELL UP TO SEVEN VESSELS * ‍ENTERED INTO AN AGREEMENT TO SELL UP TO SEVEN OF ITS CONTAINERSHIP VESSELS TO AN UNAFFILIATED THIRD PARTY​ * EXPECTS ANY VESSEL SALES PURSUANT TO AGREEMENT TO BE COMPLETED DURING Q1 2018, SUBJECT TO EXTENSION UNDER CERTAIN CIRCUMSTANCES​ * NET PROCEEDS FROM SALE OF VESSELS TO BE USED BY CO TO REPAY INDEBTEDNESS UNDER PREVIOUSLY ANNOUNCED CREDIT AGREEMENTS WITH ADDIEWELL Source text for Eikon: Further company coverage:
Qualcomm makes tens of billions of dollars every year on licensing, because phone makers pay Qualcomm a percentage of the total value of each phone they sell, up to $400.
Alpha Bank is also preparing to sell up to 1 billion euros in bad retail loans by the end of the first quarter of 2018, a senior Alpha banker said.
BOGOTA, Feb 18 (Reuters) - Banco Davivienda, Colombia's third largest bank by assets, will sell up to 500 billion pesos ($159 million) of bonds locally, the stock exchange said on Monday.
The New York Times reported the plan indicates Neumann can sell up to $1 billion in stock but he must use those proceeds to pay back the $500 million loan.
The government owns 30% of Maroc Telecom, Morocco's largest telecom operator, which announced on May 31 that the government would sell up to an 8% stake of the company's capital.
This has put pressure on banks to sell up or close down but looming fines from the U.S. tax program have prompted some potential buyers to stay on the sidelines.
Anglo American is likely to sell up to 30 percent of its multi-billion dollar Peruvian copper project Quellaveco to Japanese entities, including Mitsubishi, which already own part of it.
CHICAGO (Reuters) - Chicago would sell up to $3.5 billion of revenue bonds this year for its O'Hare International Airport under proposals approved on Monday by the city council's finance committee.
Kazatomprom, the world's largest uranium producer, decided to sell only 11.603 percent of its stock in the offering after initially saying it was ready to sell up to 25 percent.
Later on Wednesday Germany is set to sell 3 billion euros of 10-year bonds and Italy is to sell up to 8 billion euros of bonds of various tenors.
HK) said it plans to sell up to 8 billion yuan ($1.16 billion) worth of new shares in Shanghai to help fund its purchase of Canada's Nevsun Resources Ltd NSU.
A Senate bill would allow automakers to each sell up to 80,000 self-driving vehicles annually within three years if they could demonstrate they are as safe as current vehicles.
Early investors including Lightspeed Venture Partners were permitted to sell up to 400 million shares as of Monday, with employees owning another 483 million allowed to start selling on Aug.
The sale would be subject to a four-year lockup period, with an exception that would allow Glencore to sell up to an additional 313 percent stake in the business.
LIMA (Reuters) - Peru's finance ministry has authorized state-run oil firm Petroperu to sell up to $2 billion in bonds to help finance the modernization of its main refinery, Talara.
This marks a change in Vivendi's intentions with regards to Universal, as the group had up to now said it was ready to sell up to 50% of the division.
Last week Boeing announced a tentative deal potentially valued at $6 billion to sell up to 60 737s to Iran, adding to the $16.6 billion deal reached four months ago.
Naspers plans to sell up to 190 million shares, or 2 percent, in Tencent and said it has no plans to reduce its holding further for the next three years.
We're told that Uber just finished a buyback that was made available to hundreds of employees who were eligible to sell up to 20 percent of their stake in the company.
Aramco wants to develop its downstream business as the government prepares to sell up to 20183 percent of the world's largest oil firm in an initial public offering (IPO) this year.
The company, which provides invisible teeth-straightening devices, is looking to sell up to $1 billion in stock in an initial public offering, three people with knowledge of the matter said.
Drugmaker Sarepta Therapeutics rose about 1 percent after-hours after announcing its plan to sell up to $225 million worth of stock to the public to help with its clinical trials.
The mobile operator, owned by Greek fund Tollerton and Icelandic investor Novator, plans sell up to 121,572,621 existing shares, or 48.6 percent of its total equity, including the over-allotment option.
Italy is aiming to sell up to 49 percent of the company in July as part of plans to raise an ambitious 8 billion euros ($9 billion) from privatisations this year.
The mobile operator, owned by Greek fund Tollerton and Icelandic investor Novator, will sell up to 20500,572,621 existing shares, or 48.6 percent of its total equity, including the over-allotment option.
In a statement, the monetary authority said it will sell up to $550 million daily in the spot market along with reverse swaps of the same value from Aug. 21-29.
The government said it will also sell up to 50% stakes in mobile telecom carrier MobiFone and as well as in Vietnam Posts and Telecommunications Group and Vietnam National Chemical Group.
One measure allows "microcap" companies to sell up one-third of their market value in stock within 12 months and exchange traded microcap companies to issue an unlimited number of shares.
On July 31, early investors including Lightspeed Venture Partners will be able to sell up to 400 million shares, with employees owning another 782 million allowed to start selling on Aug.
No indication available The ticketing company said the foundation of founder and CEO Klaus-Peter Schulenberg, KPS Stiftung, plans to sell up to a 5 percent stake via an accelerated bookbuild.
Snapchat's stock dropped as much as 5 percent to a new low as its IPO "lockup" period expired Monday, allowing early insiders and employees to sell up to 400 million shares.
Riyadh has said it plans to sell up to 5 percent of the company in what could be the world's largest initial public offer of equity, raising tens of billions of dollars.
The Brazilian company, which is seeking to cut debt to $10 billon from $21 billion, also said that it expects to sell up to $1.5 billion in non-core assets to 2020.
A Senate version would allow automakers, within three years, to each sell up to 80,000 self-driving vehicles annually if they could demonstrate to regulators they are as safe as current vehicles.
Rio organizers had initially planned to sell up to 7.5 million event tickets, but later pared back their estimate to closer to 6 million, citing factors including space limitations at event venues.
The company, which has a range of businesses, including brokerage, wealth management and investment banking, plans to sell up to 82.5 million new GDRs, representing 10% of the company's total share capital.
On September 211th Jack Ma and Joe Tsai, co-founders of Alibaba, a Chinese e-commerce behemoth, said they planned to sell up to $251bn of stock by the end of 26.
Within three years, the Senate bill would allow automakers to each sell up to 80,000 self-driving vehicles annually if they could demonstrate to regulators they are as safe as current vehicles.
Papaioannou said the move to profit-taking was "logical", especially given the tradition for investors to sell up in May ahead of the summer break; however, he pointed to greater growth potential.
Separately, finance ministry officials told Reuters the government would sell up to a net 40.7 trillion won worth of treasury bonds next year compared to 36.7 trillion won set for this year.
On Wednesday, the NDRC gave Jiangsu Communications Holdings the green-light to sell up to 26.9070 billion yuan ($2.90 billion) of so-called enterprise bonds, or debt issued by state-owned firms.
Pending congressional approval, the Obama Administration is poised to sell up to 12 light attack aircraft to Nigeria amid mounting, credible reports of human rights abuses committed with impunity by the military.
Reports recently surfaced that Intel's fund, the largest of its kind, might sell up to $1 billion of its holdings as it narrows its strategy under its chief executive, Brian M. Krzanich.
If Babytree fully exercised its 'green shoe' option, allowing it to sell up to 15 percent more shares in a short window after listing, its post-shoe valuation will reach $20173 billion.
Tommasso Corcos, chief executive of Eurizon, has stated he would sell up to a fifth of the business and that he wanted to conclude a deal by the end of the year.
In what is expected to be one of Germany's biggest listings this year, Deutsche Bank plans to sell up to 25 percent of the business, or a maximum of 50 million shares.
The company, which has a range of businesses, including brokerage, wealth management and investment banking, plans to sell up to 82.5 million new GDRs, representing 10% of the group's total share capital.
The central bank also announced plans to sell up to $1.5 billion in the spot market on Wednesday but with repurchase commitments, on top of a planned $550 million spot market sale.
Société Générale would seek to sell up to 23 percent of the business in an offering on Euronext in Paris and would remain the controlling shareholder of the business following the listing.
WASHINGTON (Reuters) - The U.S. Department of Energy said on Friday it will sell up to 12 million barrels of oil from the Strategic Petroleum Reserve in compliance with the 2015 budget act.
BERLIN (Reuters) - German ticketing company CTS Eventim said the foundation of founder and CEO Klaus-Peter Schulenberg, KPS Stiftung, plans to sell up to a 5 percent stake via an accelerated bookbuild.
FRANKFURT, March 16 (Reuters) - German real estate company TAG Immobilien said on Wednesday it would sell up to 5 million existing shares, representing as much as 3.66 percent of its share capital.
Fidelity Bank told Reuters last month it aimed to sell up to 50 billion naira in Tier II debt before the second quarter of next year to refinance existing bonds as yields decline.
Saudi Arabia has threatened to sell up to $750 billion in U.S. assets if a bill passes Congress that would allow sovereign governments to be held responsible for any role in the Sept.
Yields remain well above a nine-month low of 0.133 percent hit last week, which should bode well for Germany to sell up to five billion euros of 10-year bonds on Wednesday.
More than 600 charities and organizations of which the Queen is a patron will be able to buy 9,000 of the tickets and sell up to 40 percent of them in fundraising events.
Apps that appear on Roku's platform have to let Roku sell up to 30 percent of their ad inventory and give up as much as 20 percent of one-time purchases (like movies).
The downtrend risks becoming a vicious cycle, as those who have used shares as collateral for loans or have bought stocks with borrowed money are forced to meet margin calls or sell up.
I think this is a 'sell' up here, and I think a lot of the rally that we've seen in this market is predicated on the crude oil movement," he told "Squawk Box.
JAKARTA, March 24 (Reuters) - Indonesian cable television operator PT MNC Sky Vision Tbk said on Thursday it plans to sell up to a 10 pct stake in a private placement for business expansion.
The board of directors would gather in Shanghai on May 10 to discuss the firm's business plans, investments and preparations to sell up to 5 percent of Aramco in 2018, the sources said.
Aramco, the world's largest oil company, has been developing its downstream business as the government prepares to sell up to 5 percent of its shares next year in an initial public offering (IPO).
Aramco has been looking to develop its downstream business as the government prepares to sell up to 5 percent of the world's largest oil company in an initial public offering (IPO) next year.
The oil major said it would sell up to 10 percent of its oil and gas production, leaving up to 10 countries to cut costs following its $06003 billion acquisition of BG Group.
A bill passed by the House last month would let manufacturers sell up to 25,000 automated cars a year without meeting all federal safety standards, and up to 100,000 cars after three years.
This is because it expects to sell up to 10 million American depositary shares (ADS) priced between $15.00 and $16.00 per ADS, compared to 13.2 million ADS between $18.00 and $20.00 per ADS.
There are at least two sources of uncertainty for the Aramco sukuk: the government is preparing to sell up to 5 percent of the company in an initial public offer (IPO) next year.
Couche-Tard agreed to buy Texas-based CST in August 2016 for $4.4 billion but won U.S. antitrust approval almost a year later on condition to sell up to 71 stores in eight states.
Among other losers, SBI Life Insurance Co Ltd posted its worst intraday loss since March 29, after promoter BNP Paribas Cardif offered to sell up to 25 million SBI Life shares at a discount.
Supply is expected from Spain and France with the former looking to raise up to 4.5 billion euros of new debt, while France is looking to sell up to 6 billion euros of bonds.
Chinese gold miner Zijin Mining Group Co Ltd, said it plans to sell up to 21.43 billion yuan worth of new shares in Shanghai to help fund its purchase of Canada's Nevsun Resources Ltd.
Authorized marijuana shops will be able to sell up to one ounce (28 grams) for recreational use by customers 21 years and older, said Stephanie Klapstein, a spokeswoman for the state Department of Taxation.
BRASILIA (Reuters) - Brazilian planemaker Embraer SA said on Monday its defense unit Embraer Defesa & Segurança has signed a letter of intent to sell up to six KC-390 airlifters to aviation services company SkyTech.
It also plans to sell up to $200 million via a rights issue by October and cut its stake in its upstream unit to raise $275 million in 2020, Oando said in its accounts.
LONDON (Reuters) - Crises at home and turmoil on world markets may have taken the shine off London's luxury property market for Chinese, Russian and Middle Eastern investors: some are even looking to sell up.
Among big announcements so far, Embraer SA launched two new mid-sized jets and Textron Inc agreed a deal to sell up to 325 Cessna planes to Berkshire Hathaway Inc's luxury plane unit NetJets.
The company will sell up to 706.38 million shares and parent company PT Global Mediacom Tbk will act as stand by buyer for the sale, MNC Sky Vision said in a stock exchange filing.
In a statement on its website, the central bank said it would sell up to $550 million daily in the spot market along with reverse swaps of the same value from Aug. 21-29.
Launching the second generation of the Prius PHV in Japan on Wednesday, Toyota said it expects to sell up to 60,000 worldwide a year, with more than half of the sales coming from Japan.
Its goal is to sell up to 2.6 million vehicles a year by 2022, said the source, who declined to be named because he is not authorized to speak to reporters about the expansion.
To support start-ups and small traders, companies would be able to sell up to 10,000 euros to other countries in the EU and treat them as domestic sales subject to local VAT rules.
BRASILIA, March 19 (Reuters) - Brazil's central bank intervened in the foreign exchange market on Thursday, it said in a statement on its website, offering to sell up to $2 billion in a repurchase auction.
WASHINGTON, Feb 28 (Reuters) - The U.S. Department of Energy said on Friday it will sell up to 12 million barrels of oil from the Strategic Petroleum Reserve in compliance with the 2015 budget act.
Berli also planned to sell up to 20 billion baht of bonds in early December and another 47 billion baht of bonds in 2017 to refinance existing debt and reduce interest expenses, he said.
SAO PAULO, July 6 (Reuters) - Brazil's Embraer SA has signed a deal to sell up to a dozen Legacy 450 business jets to Canadian plane-share operator AirSprint Inc, the planemaker said on Wednesday.
Bahrain has also chosen banks for an issue, while Kuwait has said it may sell up to $10 billion of conventional bonds and sukuk in global markets during the fiscal year to next March.
Separately, Varta shareholder Montana Tech Components via its unit VGG GmbH said it decided to sell up to 07003,000 existing no-par value bearer shares in Varta in a private placement to institutional investors.
However, early investors and insiders including Spiegel, CTO Robert Murphy and Lightspeed Ventures will be able to sell up to 400 million shares starting Monday, according to a report by JPMorgan analyst Doug Anmuth.
MI): - Bank said it had agreed to sell up to 7.8 billion euros ($8.84 billion) in bad loans along with a stake in its debt recovery business to Credito Fondiario and Elliott on Dec.
Universal is owned by Vivendi, the French media conglomerate, which has been looking to sell up to 50 percent of the record company; estimates of Universal's value have gone as high as $33 billion.
And while the demand now exists—he claims to be able to sell up to two metric tons a day—Mutua's supply is inconsistent and there are months where he struggles to meet it.
Apple announced plans on Tuesday to sell up to $12 billion in bonds to pay for share buybacks and dividends, as blue-chip companies test investors' appetite for debt after two weeks of turbulent markets.
If Piraeus, peers National Bank and Alpha sell up to 55.7.7 billion euros combined as planned, overall NPL sales would reach 248 billion euros, or around 21.5 percent of the task set by the ECB.
HelloFresh is planning to sell up to about 31 million new shares including an overallotment option for 9 to 11.50 euros apiece, implying a valuation of the company up to 1.5 billion euros excluding debt.
Under U.S. law, the government can sell up to 30 million barrels of oil, or about the amount of petroleum the United States uses in 36 hours, from the reserve over a number of weeks.
Dubai's largest listed developer said in a bourse statement that it had received shareholder approval to sell up to 23.6727 percent of Emaar Development on the Dubai exchange, the first major listing in three years.
If Sygnia's customer list and trade were both strong and today, more than ever before, cybersecurity is a huge priority (and business opportunity), it's worth wondering why the startup decided to sell up so quickly.
Italy's treasury wants to sell up to 49 percent of ENAV by the end of June as part of efforts to raise funds to cut the country's public debt and make public companies more efficient.
Apart from the 84 billion baht to be raised from the share offer, Berli said it planned to sell up to 130 billion baht of bonds, and the proceeds will be used to repay debt.
The company was aiming to sell up to 40 percent of Telxius and raise up to 1.5 billion euros.. The Spanish phone company said on Thursday it would still analyze alternative options regarding the unit.
The country's Senate voted to allow the government to sell up to $12.5 billion in bonds to pay for the agreements with all the creditors who did not participate in Argentina's two earlier debt restructurings.
In February, the country's minister of economy, Alfonso Prat-Gay, a former JPMorgan Chase banker, said that the country would seek to sell up to $15 billion in bonds to pay for the February agreements.
SAO PAULO, Aug 10 (Reuters) - Brazilian food processor BRF SA said late on Thursday that its board of directors authorized the company to sell up to 13.4 million shares currently held by its treasury department.
National Aluminium Co Ltd slumped as much as 7.08 percent to its lowest since March 8 after the miner said on Tuesday the government would sell up to a 10 percent stake in the company.
The loan is crucial for Sri Lanka, which plans to sell up to $3 billion of bonds as early as next week and needs the IMF program to continue to ensure more attractive borrowing terms.
The Paris-based company said last year that it's willing to sell up to half of Universal Music Group, a crown jewel of its media empire that has been revived by sales of streaming music.
Proceeding with its plan to sell up to $10 billion in non-core assets to slash the debt, Takeda aims to focus on five key areas: oncology, gastroenterology, neuroscience, rare disease, and plasma derived therapies.
In the base offer to sell a 5 percent stake, it will sell up to 412.27 million shares and an equal number of shares as part of the oversubscription option, according to a regulatory filing.
The bank said on Monday it had agreed to sell up to 2225 billion euros in bad loans along with a 2100 percent stake in its debt recovery business to Credito Fondiario and U.S. fund Elliott.
The Russia-China Investment Fund (RCIF), the RDIF's co-investment vehicle with the China Investment Corporation (CIC), held a 23.1 percent stake in Detsky Mir but plans to sell up to 10 percent into the IPO.
The energy and infrastructure firm said it plans to sell up to 644 million shares in China Everbright Greentech Limited, representing around 30 percent of the company, at between HK$5.18 and HK$5.90 per share.
HelloFresh is planning to sell up to about 31 million new shares including an overallotment option for 9 to 11.50 euros apiece, implying a valuation of the company of up to 13 billion euros excluding debt.
HONG KONG, June 15 (Reuters) - Bain Capital plans to sell up to $400 million worth of shares in Japanese restaurant chain operator Skylark Co Ltd, IFR reported on Thursday, citing a term sheet of the transaction.
Senvion had initially sought to sell up to 46 percent in a 20-23.50 euro price range, but failed to find sufficient buyers although market volatility had come down significantly over the last couple of weeks.
Correction: This story was revised to correct that Facebook's stock price on Wednesday rose above $155 per share and that Zuckerberg made clear his intention to sell up to 75 million shares to fund philanthropic efforts.
RIO DE JANEIRO, Aug 9 (Reuters) - Brazil's development bank BNDES plans to sell up to 10 billion reais ($2.6 billion) in stakes its investment holding company owns in local companies, a senior executive said on Thursday.
The Chinese financial services giant said it plans to sell up to 644 million shares in China Everbright Greentech Limited, representing around 30 percent of the company, at between HK$5.18 and HK$5.90 per share.
The BoE said it would keep a close eye on the buy-to-let mortgage sector, in case landlords sell up as property prices fall, as well as on the rising numbers of vulnerable indebted households.
It later announced plans to sell up to $1.5 billion in the spot market on Wednesday but with repurchase commitments, on top of a planned $13 million spot market sale linked to regular swap contracts auctions.
In order to control the flow of XRP into the market, Ripple put the majority of its stake — 55 billion — into an escrow account and has the flexibility to sell up to 1 billion a month.
It is now looking to sell up to 50 percent of the equity in the Pluto LNG train that will process the Scarborough gas and up to 20 percent equity in the offshore field, he said.
TOKYO, March 23 (Reuters) - SoftBank Group Corp said on Monday it would sell up to 4.5 trillion yen ($41 billion) in assets to fund a share buyback of up to 2 trillion yen and reduce debt.
" The Bass brothers will sell up to 25 percent of their interest in Eminem's music to Royalty Flow, whose executives told Bloomberg that they plan to buy the stake through fundraising in a "mini initial public offering.
L Vale, which hopes to sell up to $5 billion worth of assets this year, may come under more pressure as so far it has only fetched $269 million from the sale of three iron ore carriers.
ConocoPhillips, the largest U.S. independent oil producer, will sell up to $8 billion in natural gas assets and trim its capital budget by 4 percent next year to provide funds to bolster operations, it said on Thursday.
San Miguel said on Thursday it was seeking regulatory nod to sell up to 229 billion shares in the unit at up to 140 peso each, or a 75 percent premium to Wednesday's close of 80 peso.
Loans made on the strength of the value of shares pledged are common globally, but can cause fire sales if such shares drop sharply as lenders sell-up to recoup their loan or else demand more collateral.
More than 300 shareholders in BSE, including Singapore Exchange and a Citigroup unit, will sell up to 15.4 million shares with a face value of 2 rupees each, according to its red herring prospectus filed with regulators.
CHICAGO (Reuters) - Despite its junk credit ratings, the Chicago Public Schools is gearing up to sell up to $945 million of bonds to finance capital improvements over multiple years, a spokeswoman for the district said on Tuesday.
At Mercari's indicative price range of 2,200-2,700 yen per share, the company will sell up to 117.6 billion yen ($1.1 billion) in shares and have a market value of 365.4 billion yen ($3.3 billion) upon listing.
At Mercari's indicative price range of 2,200-303,700 yen per share, the company will sell up to 117.6 billion yen ($1.1 billion) in shares and have a market value of 365.4 billion yen ($3.3 billion) upon listing.
Saudi Aramco, the state-owned oil giant in Saudi Arabia that is the biggest oil-producing company in the world, has said it's sticking with its plans to sell up to 5% of its shares this year.
Fairway, which has 14 stores, entered into what's known as a stalking horse agreement with Village Super Market, the owner of ShopRite, to sell up to five New York stores and a distribution center for $70 million.
SANTIAGO, Nov 29 (Reuters) - Chile's peso opened up 3.33% at 801.50/801.80 per dollar on Friday, after the country's central bank said it could sell up to $20 billion in foreign interventions to stabilize the local currency.
The lender plans to sell up to 13.9 billion Hong Kong shares and use the proceeds to bolster its balance sheet, according to a statement on the website of the China Banking Regulatory Commission on June 24.
Better, all told, to see if he can settle his father's will, deal with his brother's intestacy, sell up for a good price and put the money into a fund he can use to look after himself.
San Miguel Food and Beverage Inc filed for the registration of up to 887 million shares, with an option to sell up to 133.05 million more shares to cover strong demand, the Philippines' corporate regulator said on Thursday.
Money-manager Ron Baron, whose firm Baron Capital is Tesla's 13th largest shareholder, according to FactSet, told CNBC that Tesla could generate $1 trillion in revenue by 2030 and could sell up to 15 million cars per year.
In Italy, Banco BPM was initially on track to see its best day in almost two years after announcing that it would evaluate bids due by mid-November to sell up to 8.6 billion euros in bad loans.
PA) will sell up to 220 percent of its car leasing arm ALD Automotive in an initial public offering (IPO) this month, the French bank said on Monday, potentially raising as much as 123 billion euros ($212 billion).
HONG KONG, May 25 (Reuters) - JG Summit Holdings Inc's founder John Gokongwei Jr plans to sell up to $220 million worth of shares in the Philippine company, IFR reported on Wednesday, citing a term sheet of the transaction.
Under Greece's latest international bailout, PPC needs to reduce its market share in the retail market from about 87 percent now to below 50 percent by 2019 and sell up to 40 percent of its coal-fired capacity.
Switzerland's crowded private banking market is undergoing a gradual wave of consolidation as an international clamp-down on tax evasion has eroded Switzerland's position as a tax haven, pushing some private banks to sell up or close down.
As for Yummly… it's not completely clear why the startup chose to sell up right now to Whirlpool, but my guess is that Whirlpool's interest, but also Yummly's own business fortunes, might be connected to the Pinterest effect.
Vivendi said after the market closed on Monday that it was looking to sell up to 50 percent of Universal Music Group "to one or more strategic partners", and would soon start hiring banks to help identify them.
South African media and e-commerce group Naspers said on Thursday it planned to sell up to 190 million Tencent shares, or 2 percent of its holding, in a sale that could earn Naspers up to $11 billion.
Reuters recently reported that Glencore had signed a major deal to sell up to 413,000 tonnes of cobalt products to a Chinese firm, a move that would help Volkswagen secure car batteries for its shift to electric vehicles.
The company said on Tuesday that Standard Life Investments would sell up to 4.8 million HDFC shares for 3,170 Indian rupees each ($44.17), which would result in proceeds of about 142 million pounds net of taxes and expenses.
The Chennai-headquartered bank said it would offer a fresh issue to raise up to 5.5 billion rupees ($76.6 million), while its parent Equitas Holdings Ltd would offer to sell up to 80 million shares in the lender.
The plan to sell up to 5 percent of Aramco, championed by Deputy Crown Prince Mohammed bin Salman, who oversees the country's energy and economic policies, is also running into other complexities that have not yet been resolved.
The oil producer said it may sell up to $211 billion of stock, debt or other securities, a day after it announced a dividend cut, as the company shores up its balance sheet amid a slump in oil prices.
The Dutch holding company said on Monday that it plans to sell up to 7 percent of Altice USA, indicating an expected price range of $27-$31 per share, valuing the business at between $20 billion and $22 billion.
This is causing conflict with farmers along the way - with herds damaging fields and cattle raiders stealing animals - and threatening an age-old way of life as rising poverty forces more herders to sell up and move to cities.
"UMG's strong figures are timely, given Vivendi's plans to sell up to 50 percent of the business, and they should help to bring about a high market valuation for UMG," said Roche Brune Asset Management fund manager Gregoire Laverne.
It's not completely clear why GoFundMe decided to gobble up YouCaring (or YouCaring chose to sell up), rather than both continuing to grow organically, but one reason could be because of changing business models in the charitable crowdfunding space.
The deal with Aramco, which values the business at $75 billion including debt, also includes an agreement for Aramco to sell up to 500,000 barrels per day (bpd) to Reliance's Jamnagar refinery in the western Indian state of Gujarat.
The New York Times reported on Friday that Saudi Foreign Minister Adel al-Jubeir told U.S. lawmakers his country would be forced to sell up to $750 billion in U.S. assets in response to the bill if it passed.
There is also the danger that falling markets generate their own momentum, as those who have used shares as collateral for loans or have bought stocks with borrowed money are forced either to meet margin calls or sell up.
Many officials are haunted by the (unsubstantiated) notion that allowing farmers to trade their property freely might prompt millions of them to sell up and move into cities, with no place to return to if they fail to prosper.
MILAN (Reuters) - Italian regional bank Credito Valtellinese plans to sell up to 1.5 billion euro ($13 billion) in bad loans repackaged as securities making use of a state guarantee scheme, three sources close to the transaction said on Monday.
Zephyr Minerals Ltd: * ZEPHYR MINERALS- TO UNDERTAKE NON-BROKERED PRIVATE PLACEMENT TO SELL UP TO 8.4 MILLION UNITS OF CO AT $0.18 PER UNIT FOR GROSS PROCEEDS OF UP TO $1.5 MILLION Source text for Eikon: Further company coverage:
Facebook CEO Mark Zuckerberg announced last week that he would sell up to 75 million shares -- worth around $12 billion at current market value -- in the next 18 months to fund his private investment company, the Chan Zuckerberg Initiative.
The oil producer said it may sell up to $239.45 billion of stock, debt or other securities, a day after it announced a dividend cut, as the company shores up its balance sheet amid a slump in oil prices.
The government has said it aims to sell up to 20% of Hidroelectrica on the Bucharest bourse in the second half of 2020, and the company is in the process of selecting equity and legal advisers for the sale.
The country's central bank late on Thursday said it would sell up to $20 billion in foreign currency interventions starting on Monday aiming to stabilize the peso, which prompted some short-sellers to scale back bets on further weakness.
Taking a sharp downward move, Recruit Holdings Co tumbled more than 7 percent after the recruiting giant said its shareholders would sell up to 267 billion yen worth of its shares based on Wednesday's closing price, to diversify its shareholder base.
According to the support documents on the site, GDAX offered margin traders up to 3x leverage for the USD/ETH trading pair, meaning that someone with only a $1,000 account balance could buy or sell up to $3,000 of ether.
Detsky Mir plans to sell up to 83 million shares in a 85-105 roubles ($1.42-1.76) range, raising between 21.1 billion and 26.0 billion roubles (up to $435 million) for the selling shareholders, it said in a statement on Thursday.
Some fund managers say they are excited to take advantage of Argentina's first international bond issuance - where the country is expected to sell up to $8 billion - since it failed to pay interest on some $21979 billion in sovereign debt.
Aramco, which wants to develop its downstream business as the government prepares to sell up to 5 percent of the world's largest oil firm in an initial public offering (IPO) this year, wants to use oil as a major petrochemicals feedstock.
Tata Steel earlier this month agreed to sell its Long Products Europe division in Scunthorpe to Greybull for 1 pound, saving a third of the 15,000 jobs placed in jeopardy by the Indian conglomerate's decision to sell up in Britain.
Under Valeant's covenants, the company can sell up to 4 percent of its total assets per fiscal year and use the proceeds to pay down bank debt, Justin Forlenza, an analyst at Covenant Review in New York, said in an interview.
TO. Zijin aims to sell up to 3.4 billion A shares to investors in China, in a plan which is subject to shareholder and regulatory approval, the firm said in a filing to the Hong Kong bourse late on Tuesday.
South Korea's top three shipbuilders, including Daewoo Shipbuilding, submitted plans last year to sell up to 4.8 trillion won in combined assets and find 3.6 trillion won through cost cuts as part of government-led efforts to restructure the industry.
BUENOS AIRES, May 18 (Reuters) - Argentina's peso opened 1.46 percent weaker at 24.7 per U.S. dollar on Friday and the central bank offered to sell up to $5 billion in the foreign exchange market at 25 to the greenback, traders said.
He has scored or assisted a staggering two-thirds of their goals this season and, with Ellis Short looking to sell up and next season's top-tier windfall vital in attracting a buyer, no club has as much to lose.
Royal Dutch Shell was up 2.8 percent, also helped by news it would sell up to 10 percent of its oil and gas production, leaving up to 10 countries to cut costs following its $54 billion acquisition of BG Group.
The Independent spoke with two London whisky stores that regularly sell up to £50,000 (a little over $60,000) worth of Scotch to Chinese businessmen and tourists, some of whom fly to London for the expressed purpose of buying prestigious bottles.
But Monday's news that SoftBank is planning to sell up to $22 billion in assets to shore up its balance sheets through a combination of stock and bond buybacks, debt redemptions and cash on hand should be concerning news for investors.
The Benetton-backed group is preparing to restart an auction process to sell up to 49% of its toll-road payment business Telepass after bids last year valued the entire business at more than 2 billion euros, three sources said.
LONDON, Jan 28 (Reuters) - Calisen Group, which supplies smart meters to British households, is aiming to sell up to 408 million pounds ($536.28 million) of shares in its planned initial public offering, banks working on the deal said on Tuesday.
The government said in November it planned to sell up to 40 percent in the railways in the second half of this year without specifying whether the holding company or parts of the business would be put on the block.
"There are other features of that product that we think will continue to provide us sell-up rates," Kurt Stache, American's senior vice president of marketing, loyalty and sales, told reporters at the Boyd Group International Aviation Forecast Summit in Denver.
Promising to wean the kingdom off oil, the program aimed to open the Saudi market in new ways, including plans to privatize state-owned entities and to sell up to 5% of oil company Saudi Aramco in a public offering.
U.S. officials told Reuters in May that Washington, which blocked arms sales under Jonathan amid concerns about rights abuses, wants to sell up to 12 A-29 Super Tucano light attack aircraft to Nigeria although Congress needs to approve the deal.
Royal Dutch Shell was up 3.2 percent, also helped by news it would sell up to 10 percent of its oil and gas production, withdrawing from up to 10 countries to cut costs following its $54 billion acquisition of BG Group.
German monthly Manager Magazin earlier cited company sources as saying that Siemens could shut or sell up to 11 of its 23 Power & Gas sites around the world, which could include plants in the eastern German cities of Erfurt and Goerlitz.
Despite the low initial sales, the album quickly reached No. 1 on iTunes's internal charts, and industry sales executives predict that "Anti" could sell up to 130,43 copies in its first full week of sales, which would be reflected on next week's chart.
A pair of Foremost JCP Co. blue jeans worn by Monroe in the 1954 film River of No Return are available and can be yours if you've got a ton of disposable income just lying around (they're estimated to sell up to $40,1003).
"There are other features of that product that we think will continue to provide us sell-up rates," Kurt Stache, American's senior vice president of marketing, loyalty and sales, told reporters at the Boyd Group International Aviation Forecast Summit in Denver in August.
Neumann will get the ability to sell up to $970 million in stock back to SoftBank, receive a $500 million loan to repay a credit line, and a $185 million fee for consulting for SoftBank, according to a person familiar with the matter.
LONDON (Reuters) - Funds managed by WL Ross & Co. have launched an accelerated bookbuild to sell up to 27 million ordinary shares in Virgin Money Holdings VM.L. Bank of America Merrill Lynch and Goldman Sachs are acting as joint bookrunners on the deal.
Kolkata-based Bandhan Bank will with two shareholders sell up to 215 million shares, or about 29.6 percent of its post-issue share capital, in the IPO and is confident of strong interest despite the market fall, bankers involved in the sale said.
CAIRO, May 28 (Reuters) - Egypt's state-owned Holding Company for Chemical Industries has agreed to sell up to 4 percent of its stake in Eastern Tobacco on the Cairo exchange, Minister of Public Enterprise Khaled Badawy said in a statement on Monday.
LAGOS, July 19 (Reuters) - Nigeria's Fidelity Bank aims to sell up to 50 billion naira ($163.2 million) in Tier II debt before the second quarter of next year to refinance existing bonds as yields fall, the mid-tier lender said on Friday.
MILAN (Reuters) - Italian tyremaker Pirelli, bought by state-owned China National Chemical (ChemChina) two years ago, will sell up to 222 percent of its equity capital in an initial public offering as it plans to return to the Milan stock exchange in October.
TORONTO, Sept 29 (Reuters) - Canada's main stock index rose on Friday to a four-month high as financial shares climbed, while Bombardier Inc got a boost after sealing a deal to sell up to 50 Q400 turboprop planes to India's SpiceJet SPJT.
Yum is also in the process of spinning off its 6,900 China restaurants, and is in talks with buyouts firms, including KKR and Hopu Investments to sell up to a 20 percent stake after battling sliding sales over the past few quarters.
UniCredit is planning to sell up to 2300 billion euros of soured loans in addition to three packages of bad loans dubbed Roma, Matera and Capri worth in total 210 billion euros that the bank is currently offering, Bloomberg said on Wednesday.
The new legislation, passed by lawmakers on Tuesday, moves wine sales beyond the state's publicly run system, allowing supermarkets, convenience stores, restaurants and hotels that already have licenses for carry-out beer to sell up to four bottles of wine to customers.
S3 Partners, a financial analytics firm, believes early investors could sell up to 120 million shares starting on July 31, increasing the supply for short sellers who are currently paying annualized interest rates of more than 60 percent to borrow the stock.
The split is part of Aramco's strategy to expand its global refining footprint to secure markets for its oil and may also be part of its initial public offering, in which the Saudi government will sell up to 5 percent of the firm.
Roku has entered into a distribution agreement with Citigroup to conduct the offering, under which it plans to sell up to 1 million shares of common stock "from time to time," according to a filing with the U.S. Securities and Exchange Commission.
The bank said at the end of July it had permission from Malaysia's central bank to commence talks to sell up to 94.7% of its shares in RHB Insurance to Tokio Marine Asia Pte Ltd, a unit of Japan's Tokio Marine Holdings Inc.
Under the plan, which seeks to promote the private sector and make state-owned companies more efficient, Riyadh plans to sell up to 5 percent of state oil giant Saudi Aramco in what is expected to be the world's biggest initial public offering.
Sistema, which has an effective 13 percent stake in MTS, said in a separate statement it would sell up to 25.5 million MTS shares, representing a 1.27 percent stake, back to the company and expected to fetch up to 5.1 billion roubles.
At the same time, demand for rental property is rising, according to Britain's Royal Institution of Chartered Surveyors (Rics), as the amount of rental stock falls, with tax and legislation changes deterring would-be landlords and prompting small-scale landlords to sell up.
If the appeals court decides to allow Griesa's March 2 order to proceed, Argentina will sell up to $15 billion in debt and use the proceeds to settle the vast majority of its claims in hopes of putting the 2002 default finally to bed.
Besides being, like the rest of us, badly positioned to predict what will happen, fund managers face disproportionately large career and portfolio risks if they try to sell up to prepare for a war, making going along for the ride the safest, easiest option.
Most recently, Justice David A. Lowy of the state's Supreme Judicial Court ruled that it is legal for the museum to sell up to 39 works at auction and to finalize the private sale of this Rockwell through Sotheby's to a then-undisclosed museum.
The craziest part is that, as part of the deal, Mr. Neumann can sell up to $1 billion of his shares to SoftBank, and will be hired as a consultant to the Japanese company for four years, for which he will receive $185 million.
SAO PAULO, Jan 12 (Reuters) - Raízen Energia SA plans to sell up to $500 million in 10-year bonds as early as Thursday, as the Brazilian biofuels and logistics conglomerate seeks to refinance existing debt, a person with direct knowledge of the transaction said.
The board of Airbus is holding an unusual meeting in China as the European planemaker implements plans to increase local assembly of jets - a hike that could help unlock talks over a long-delayed deal to sell up to 180 jets, industry sources said.
Girre said that EDF also wanted to talk to the new government about the ARENH mechanism under which it is forced to sell up to a quarter of its nuclear output to competitors as part of measures to improve competition in the retail power market.
LONDON (Reuters) - Codelco is in talks to sell up to 26,2200 tonnes of copper a year to China Minmetals from 215 to 53, marking a change in sales strategy at Chile's state-owned miner which typically made deals on an annual basis, industry sources said.
The valuation of Aramco, the world's biggest oil firm, has been the focus of intense speculation since the Saudi government last year announced plans to sell up to 5 percent of it and list the shares in Riyadh and at least one foreign stock exchange.
SOCAR Energoresource also plans to sell up to 30,000 tonnes of gasoline AI-80 for delivery in August via the Baltic Sea port of Ust-Luga and up to 30,000 tonnes of naphtha for delivery via the Baltic Sea ports Ust-Luga or Vysotsk.
SAO PAULO, July 11 (Reuters) - The board of Cosan SA Indústria e Comércio authorized a subsidiary to sell up to $150 million worth of global bonds due in 2027, as Brazil's largest diversified sugar producer takes advantage of growing demand for Brazilian corporate debt.
MOSCOW, April 18 (Reuters) - Russian oil producer Surgutneftegaz has awarded a tender to sell up to 3.0 million tonnes of ultra-low sulphur diesel for delivery from the Baltic Sea port of Primorsk in July-December 2019 to Vitol, industry sources told Reuters on Thursday.
KUALA LUMPUR, July 31 (Reuters) - RHB Bank, Malaysia's fourth-biggest lender, said on Wednesday it had received permission from the country's central bank to start talks to sell up to 94.7% of its shares in its general insurance arm to Tokio Marine Asia Pte Ltd.
SHANGHAI, Nov 15 (Reuters) - China Huarong Asset Management Co, the country's biggest manager of bad debts, said on Tuesday it will sell up to 25 billion yuan ($3.64 billion) of bonds in the next week to replenish capital and fund the purchase of distressed assets.
The third-largest public school system in the United States will sell up to $840 million of general obligation bonds through Barclays and JP Morgan Securities to fund capital improvements using a $45 million property tax hike approved by the Chicago City Council last year.
In Italy, Banco BPM was the best performer in Milan, up 3.1 percent after announcing it had agreed to sell up to 7.8 billion euros in bad loans along with a stake in its debt recovery business to Credito Fondiario and U.S. fund Elliott.
In March, the European Commission approved a bailout which includes a plan to hive off a total of 8.2 billion euros in bad loans, 5 billion of which have been transferred to the state owners, while the lender must sell up to 3.2 billion itself.
The Boeing Company announced a tentative agreement on Tuesday to sell up to 60 737s to an Iranian airline, a transaction valued at $313 billion that angered American critics of Iran and appeared likely to test the Trump administration's avowed hostility toward that country.
SANTIAGO (Reuters) - Chile's central bank will sell up to $20 billion in foreign currency interventions starting on Monday in a bid to stabilize the local currency, the monetary authority said in a statement on Thursday after the peso hit a new all-time low.
How you preserve the guiding spirit of the house without the individual who defined it for so many years is the struggle for any brand that has lost its champion while still in situ (not after the designer decided to step down, or sell up).
In March, the European Commission approved a bailout which includes an ambitious plan to hive off a total of 8.2 billion euros in bad loans, 5 billion of which are being transferred to the state owners, while the lender must sell up to 3.2 billion itself.
ATHENS (Reuters) - Three of Greece's largest lenders plan to sell up to 21.5 billion euros ($22018 billion) in bad loans by early next year, sources said, as the country's central bank chief called on the creaking banking sector to act faster to tackle its bad-debt problem.
The Saudi authorities aim to sell up to 5 percent of Aramco, listing the shares in Riyadh and at least one foreign exchange to raise cash for investment in new industries in a bid to diversify away from oil exports in an era of cheap crude.
If all goes well — and this is a big "if" still since, well, Uber — it should clear the way for a multi-billion dollar tender offer by SoftBank and other investors that would allow employees to sell up to half their stock in the car-hailing giant.
In what would be one of Germany's biggest listings in recent years, Siemens plans to sell up to 15 percent of the division — or a maximum of 150 million shares — at a price range of between 26 euros and 31 euros per share, it said on Sunday.
BEIJING, Nov 1 (Reuters) - China's sixth-largest car maker by sales, Guangzhou Automobile Group (GAC Group) , plans to sell up to 15 billion yuan ($2.2 billion) worth of shares to fund development of its green car business, proprietary brands and factories, the firm said late on Monday.
Technological advances have made it possible for the CBA to clear part of its spectrum without compromising the services it provides to its customers, and the CBA is offering to sell up to 200 MHz of this spectrum to mobile carriers to help speed 5G deployment.
"Fries with That" banking is making news at the moment thanks to recent revelations that thousands of Wells Fargo employees, under pressure from higher management to cross-sell up to eight "products" per customer, have been opening phantom accounts for customers who have not asked for them.
SEOUL, Jan 23 (Reuters) - Funds tracking South Korea's KOSPI 2200 index will be forced to sell up to $2500 million worth of shares of Samsung Electronics when the bourse lowers the maximum weighting of any single stock to 2800% later this year, fund managers and analysts estimated.
KUALA LUMPUR, Dec 12 (Reuters) - RHB Bank Bhd, Malaysia's fourth-biggest lender by assets, said on Thursday it had called off talks to sell up to 94.7% of its shares in RHB Insurance to Tokio Marine Asia (TMA), a unit of Japan's Tokio Marine Holdings Inc.
This is just the opening salvo in a nearly $5-billion bet by GM to sell up to 2 million technology-laden, modern-looking vehicles annually to consumers who today cannot afford GM vehicles designed for the United States, but may someday as their incomes rise.
WASHINGTON, April 10 (Reuters) - President Donald Trump's administration is pushing forward with plans to sell up to a dozen aircraft to Nigeria's air force for the fight against the extremist group Boko Haram, a congressional source said on Monday, a deal that could be worth up to $600 million.
Samsung Heavy, Hyundai Heavy Industries Co Ltd and Daewoo Shipbuilding & Marine Engineering Co Ltd - the world's biggest shipbuilders by orders, and all based in South Korea - this year announced plans to sell up to 4.8 trillion won in combined assets and find 3.6 trillion won through cost cuts.
The Palo Alto, California-based carmaker said on Wednesday it planned to sell up to $1.7 billion in new shares to fund its operations, and said Chief Executive Elon Musk would sell 2.8 million of his own shares, mainly to pay taxes related to exercising vested stock options.
MILAN, Aug 21 (Reuters) - UniCredit is seeking non-binding bids to sell up to 13 billion euros ($1.1 billion) in so-called "unlikely-to-pay" (UTP) loans by the end of September, a source close to the matter said, as Italy's top bank steps up its clean-up efforts.
EDF said its 2017 earnings would be lower because of an expected decrease in French and UK power prices compared to 2016 and because of a legal requirement under which the former monopoly provider is forced to sell up to a quarter of its nuclear production to competitors.
Square — Chief Executive Officer Jack Dorsey has filed a plan to sell up to seven percent of his shares in the mobile payments company in the next 12 months, with Dorsey planning to use the funds for financial and tax planning, as well as funding his Start Small Foundation.
SOCAR Energoresource also asked participants to improve current bids in tenders to sell up to 30,000 tonnes of gasoline AI-80 for delivery in August via the Baltic Sea port of Ust-Luga and up to 30,000 tonnes of naphtha for delivery via Ust-Luga or Vysotsk, sources added.
In March, the European Commission approved a bailout which includes an ambitious plan to hive off a total of 8.2 billion euros ($8.96 billion) in bad loans, 5 billion of which are being transferred to the state owners, while the lender must sell up to 3.2 billion itself.
In what is expected to be one of Germany's biggest listings this year, Deutsche Bank plans to sell up to 25 percent of the business, or a maximum of 13 million shares at a price range of between 30 euros and 36 euros each, it said on Sunday.
Specifically, the new policy being introduced will mean that in any future investment rounds, employees who have been with Monzo for three years or more will have the opportunity to sell up to 10 per cent of their options, provided there is demand for those shares from new investors.
Despite a flurry of criticisms for mounting losses and poor corporate governance under his watch, Neumann was given the ability to sell up to $970 million in stock back to SoftBank, a $500 million loan to repay a credit line and a $185 million fee for consulting to SoftBank.
LONDON, March 27 (Reuters) - Britain's Debt Management Office said on Friday it would sell up to 3.0 billion pounds' worth of a 1.625% 2028 gilt on April 1 as the government seeks to raise cash to fund its stimulus measures to soften the economic hit of the coronavirus spread.
The thinking goes that, within a decade or two, baby-boomers—the bumper generation born between roughly the early 20114s and early 215s—will begin to sell up, as they first start to downsize, then move into elderly people's accommodation and, eventually, to the great old-folks' home in the sky.
Earlier in the week, Arnaud de Puyfontaine, the chief executive and chairman of UMG's corporate parent, the French media conglomerate Vivendi, waved aside concerns that revelations of the fire would impact Vivendi's plans to sell up to 22008 percent of the record company, whose value was recently estimated at $21980 billion.
Index-heavy SoftBank Group soared 13% to hit its daily limit and became the most-traded stock on the bourse as the tech conglomerate said it would sell up to 4.5 trillion yen ($41 billion) in assets to fund a share buyback of up to 2 trillion yen and reduce debt.
The New York Times reported last month that the Riyadh government had threatened to sell up to $750 billion worth of American assets should the U.S. Congress pass a bill that would take away immunity from foreign governments in cases arising from a "terrorist attack that kills an American on American soil".
Majority shareholder Finanziaria Valentini will sell up 1.2 million shares of the company via an accelerated bookbuilding at a minimum price of 3,4 euros per share, Neodecortech said on Tuesday adding that the transaction is carried out in context of transfer of shares to MTA market of Borsa Italiana from AIM Italia.
WASHINGTON — The Trump administration is poised to sell up to 12 light attack aircraft to Nigeria to support the country's fight against the Boko Haram militant group, despite criticism from human rights organizations that the West African country has not done enough to stop the abuses and corruption that flourish in the military.
The potential windfall would be on top of SoftBank&aposs exit package for Neumann, which included a $500 million credit line to help him cover his personal debts, a consultancy gig worth $185 million over four years, and a tender offer allowing him to sell up to $970 million worth of WeWork shares.
Along with the oil price tumble, the pieces are all up in the air, so it's not too surprising that the Royal Bank of Scotland (RBS) recently issued a statement announcing that it saw no prospects for investor growth this year, openly encouraging its clients to sell up, get out of the markets, and seek higher ground.
Announces "at-the-market" offering of common stock * Financial institutions inc says it has filed a prospectus supplement under which it may sell up to $40.0 million of its common stock * Expects to use net proceeds of this offering to contribute capital to its banking subsidiary, five star bank Source text for Eikon: Further company coverage:
It begins: The release went on to outline the big point of the bill: It would allow in-state breweries that manufacture no more than 60,000 barrels of beer per year to sell their beer for on-premises consumption through taprooms, and to sell up to 576 ounces per day per consumer for off-premises consumption.
ARUSHA, Tanzania — Less than two years after it blocked a sale of American-made attack helicopters to Nigeria from Israel because of human rights concerns, the Obama administration says it is poised to sell up to 12 light attack aircraft to Nigeria as part of an effort to support the country's fight against the Boko Haram militant group.
As part of a rescue deal from Japanese conglomerate SoftBank — which now controls WeWork — Neumann will be able to sell up to $970 million in stock back to SoftBank, receive a $500 million loan to repay a credit line, and a $185 million fee for consulting for SoftBank, according to a person familiar with the matter.
The House measure, the first significant federal legislation aimed at bringing self-driving cars to market, would allow automakers to get approval to sell up to 25,000 vehicles in the first year, rising to 100,000 by year three, as long as they could demonstrate the vehicles are at least as safe as current vehicles with human controls.
Earlier this year, Altaba, the Yahoo offshoot holding the company's stake in Alibaba, announced plans to sell up to its entire 11% stake - an event Alibaba would want to see completed ahead of its Hong Kong float to stabilize its U.S. trading volumes before investors need to adjust to the two prices that would be available following a Hong Kong listing.
Existing shareholders are also seeking to sell up to 19.1 million shares in the offering, with Blue Chandra Pte Ltd and Goldman Sachs Investments Holdings (Asia) Ltd looking to offload about 15 million shares in total, according to its prospectus here The company said it would use part of the proceeds from the fresh issue of shares to cut its debt.
SOMERSET, N.J., July 20164, 2016 (GLOBE NEWSWIRE) -- MTBC (Nasdaq:MTBC), a leading provider of cloud-based practice management and healthcare information technology solutions today announced that it filed a preliminary prospectus supplement (the "Prospectus") to sell up to 63,040 additional shares of its non-convertible 11% Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock,"), which was first sold to the public on November 4, 2015.
Here are some of New York-headquartered Elliott's top holdings in Europe (in alphabetical order): AC Milan: - Lent 300 million euros to China's Li Yonghong in March 2017 to fund the acquisition of players and bank debt repayments at Italian football club AC Milan - Elliott took control of the team in July 2018 after Li defaulted on his obligations towards the club Akzo Nobel: - 17.843 percent stake revealed in March 2017 - Elliott had 9.5 percent at last report and has agreed to support management's current strategy after PPG's failed approach in 2017 Banco BPM: - BPM agreed to sell up to 7.8 billion euros ($8.8 billion) in bad loans along with a stake in its debt recovery business to Credito Fondiario and Elliott on Dec.
MC: * SAID ON WEDNESDAY THAT THE BOOK-BUILDING PROCESS HAD BEEN COMPLETED AND THE OFFER PRICE SET AT 31.65 EUROS PER SHARE * THE AGGREGATE AMOUNT OF THE OFFERING IS 667.3 MILLION EUROS, RESULTING FROM THE ISSUE AND SALE OF 21.1 MILLION SHARES OF THE COMPANY * THE OFFERING INCLUDES 17.9 MILLION EXISTING SHARES AND 3.2 MILLION NEW SHARES * AS A RESULT, AEDAS INITIAL MARKET CAPITALIZATION WILL AMOUNT TO ABOUT 1.52 BILLION EUROS * THE COMPANY AND THE SELLING SHAREHOLDER HAVE ENTERED INTO THE RELEVANT UNDERWRITING AGREEMENT * ACCORDING TO THE PROSPECTUS, THE SELLING SHAREHOLDER MAY SELL UP TO 2.1 MILLION ADDITIONAL ORDINARY SHARES OF THE COMPANY IN THE OFFERING TO COVER POTENTIAL OVER-ALLOTMENTS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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