controlling interest

Anglo American takes over diamond miner De Beers

Newsvine - business  Fri, 11/04/2011 - 04:59

Mining company Anglo American has gained a controlling interest in diamond miner De Beers, paying $5.1 billion for the 40 percent of De Beers shares held by the Oppenheimer family.


 

LyondellBasell gets buyout offer from Reliance

Newsvine - business  Sat, 11/21/2009 - 10:28

LyondellBasell says Reliance Industries offered to acquire a controlling interest in the beleaguered chemical company, which is under Chapter 11 bankruptcy protection.


 

Kerkorian buys more MGM stock, but his stake drops

Newsvine - business  Tue, 05/19/2009 - 13:15

Billionaire investor Kirk Kerkorian's purchase of 14.3 million newly issued shares in MGM Mirage was not enough to maintain his controlling interest in the casino company.