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Hulu buys back AT&T"s 9.5 percent stake for $1.43 billion

Hulu has bought back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday......»»

Category: topSource: reutersApr 15th, 2019

Hulu buys back AT&T"s 9.5 percent stake

Streaming service company Hulu is buying back wireless carrier AT&T Inc's 9.5 percent stake in the company in a deal valued at $1.43 billion, the two companies said on Monday......»»

Category: topSource: moneycentralApr 15th, 2019

Hulu buys back AT&T"s stake in $1.43 billion deal

Hulu is buying back wireless carrier AT&T Inc's 9.5 percent stake in the streaming service company in a deal valued at $1.43 billion, the two companies said on Monday......»»

Category: topSource: reutersApr 15th, 2019

Morgan Stanley Dissects AT&T"s Sale Of Hulu Stake

AT&T Inc. (NYSE: T) has agreed to sell its 9.5-percent ownership stake in streaming video company Hulu back to the company itself for $1.43 billion. Latest Ratings f.....»»

Category: blogSource: benzingaApr 16th, 2019

Is Hulu the next battleground in the Comcast-Disney fight?

It’s down to two. Comcast and Disney are now the only remaining owners of Hulu, after AT&T sold its 9.5 percent stake back to the streaming service. Hulu started more than 10 years ago as a joint venture between the top three broadcast networks .....»»

Category: topSource: bizjournalsApr 17th, 2019

Hulu"s valuation nearly triples

Hulu earned a $15 billion valuation when it bought back AT&T's stake in the company for $1.4 billion. But as Fred Katayama reports, it's still worth one-tenth that of Netflix......»»

Category: videoSource: reutersApr 16th, 2019

Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion

Hulu has bought back wireless carrier AT&T Inc's stake in the U.S. entertainment streaming service for $1.43 billion, in a deal that values Hulu at $15 billion, the two companies said on Monday......»»

Category: topSource: reutersApr 15th, 2019

AT&T sells Hulu stake in deal that values streaming service at $15 billion

AT&T Inc. said late Monday it has sold its minority stake in Hulu back to .....»»

Category: topSource: marketwatchApr 15th, 2019

AT&T sells 10% Hulu stake back to Hulu

The transaction values the entirety of Hulu at $15 billion......»»

Category: topSource: bizjournalsApr 15th, 2019

As Disney-Fox merger officially closes, both media giants move toward new futures

With the curtain down on Disney's $71.3 billion deal for the Fox movie and TV studios and Fox's 30 percent stake in Hulu, what could happen .....»»

Category: topSource: usatodayMar 20th, 2019

Walmart buys a major stake in India"s Flipkart

Walmart said on Wednesday it will pay $16 billion for a roughly 77 percent stake in Indian e-commerce firm Flipkart in an effort to compete with rival Amazon in an important growth market......»»

Category: videoSource: reutersMay 9th, 2018

Honda buys stake in GM Cruise

Honda Motor will invest $2 billion and take a 5.7 percent stake in General Motors's Cruise self-driving unit to develop autonomous vehicles for ride services around the world. Fred Katayama reports......»»

Category: videoSource: reutersOct 3rd, 2018

Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co

Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp ......»»

Category: topSource: reuters10 hr. 30 min. ago

WPP in exclusive talks to sell Kantar stake to Bain Capital

WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth......»»

Category: topSource: reutersJul 1st, 2019

Nomura (NMR) Announces Share Repurchase Worth $1.4 Billion

Nomura (NMR) announces that it will reduce its stake in an affiliate and use the proceeds to buy back s.....»»

Category: worldSource: nytJun 19th, 2019

VW to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake......»»

Category: topSource: reutersJun 14th, 2019

Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake......»»

Category: topSource: reutersJun 14th, 2019

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal

Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules......»»

Category: topSource: reutersJun 12th, 2019

Madison International buys slice of British developer

Madison International Realty has acquired a 3.12 percent stake .....»»

Category: realestateSource: realestateweeklyJun 5th, 2019

Disney takes over full control of Hulu

The deal also gives Comcast the option to sell its 33 percent share in Hulu to Disney in 2024 at a valuation of at least $27.5 billion. The move further ramps up a rivalry with Netflix......»»

Category: topSource: washpostMay 14th, 2019

SoftBank Corp to buy $4 billion worth of new shares from Yahoo Japan

Japan's SoftBank Corp said on Wednesday it would buy 456.5 billion yen ($4.15 billion) worth of new shares to be issued by Yahoo Japan Corp, boosting its stake to 44.64 percent from 12.08 percent......»»

Category: topSource: reutersMay 8th, 2019