Stake Sale
Coverage of Stake Sale in the Nexus archive.
- India to raise up to $3.3 billion by selling stake in country’s largest life insurer at 10% discount
The Indian government plans to raise up to $3.3 billion by selling its stake in the country's largest life insurer at a 10% discount.
- Stake sale at Vizhinjam: empowered panel may take 3-4 months to submit its report
The empowered panel examining the stake sale at Vizhinjam, led by the Chief Secretary, may take 3-4 months to submit its report. The committee has not yet completed its evaluation of the stake sale.
- Starbucks is weighing a stake sale or IPO of its Japanese business
Starbucks is considering a stake sale or IPO for its Japanese business, with preliminary talks with investment banks. The business could be valued at up to $3.1 billion.
- India Said to Prepare $1 Billion LIC Stake Sale Next Month
India is preparing to sell a $1 billion stake in the Life Insurance Corporation (LIC) next month as part of government divestment efforts to raise funds.
- FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today
FTX sold its stake in Cursor for $200,000 in 2023, which is now valued at $3 billion. This represents a significant increase in the asset's value over a short period.