stake purchase

George Soros follows Bill Gates lead, buys stake in Spain's FCC- sources

Sources told the Financial Times that billionaire George Soros has bought a 3.1% stake in Spanish builder FCC. The acquisition happened just three months after Microsoft's Bill Gates also made a bet on the company.

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Heineken hikes up holding in United Breweries of India for USD45.8 million

The National Stock Exchange data revealed Heineken International BV today increased its shareholder interest in India's United Breweries for USD45.8 million or INR2.8 billion.

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Hayman Capital acquires stake in General Motors Co- source

A source told Reuters that hedge fund Hayman Capital has acquired a stake in General Motors and believes that the stock price of the automaker will soar once the US Treasury has exited its remaining stake in the firm.

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Westfield Group agrees to purchase stake in World Trade Center for $800M

Sydney-based Westfield Group agreed to acquire the 50% stake held by the Port Authority of New York and New Jersey in the retail space of the World Trade Center site for USD 800 million.

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KKR inks definitive agreement to buy a 10% stake in Qingdao Haier

Private equity firm KKR agreed to buy a 10% stake in Chinese home appliance maker Qingdao Haier.

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