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China’s HNA to buy 25 percent stake in Hilton for $6.5 billion
October 24, 2016 by admin · Leave a Comment
Chinese aviation and shipping conglomerate HNA Group said on Monday it would buy about 25 percent of hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP for $6.5 billion. Shares of Hilton, whose brands include Conrad Hotels & Resorts, Curio and Double Tree as…
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China’s HNA to buy 25 percent stake in Hilton for $6.5 billion
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Google CEO Pichai receives stock grant worth about $199 million
February 9, 2016 by elegant · Leave a Comment
(Reuters) – Google Chief Executive Sundar Pichai received restricted stock worth about $199 million, according to a regulatory filing by Google parent company Alphabet Inc . Pichai, who took over in August, received a grant for 273,328 Class C Google stock units on Feb. 3. The valuation is based on the stock's closing price on that date. On the same day, Pichai sold 375 Class A common shares at a price of $786.28 each, and 3,625 Class C capital stock at a price of $768.84 each, the filing said. (http://1.usa.gov/1PhAHCI). …
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Google CEO Pichai receives stock grant worth about $199 million
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JAB-led investor group to buy K-Cup maker Keurig for $13.9 billion
December 8, 2015 by publisher · Leave a Comment
The transaction, pitched at a rich 78 percent premium to Keurig's Friday closing price, would be the biggest coffee acquisition by JAB, the investment vehicle of Germany's billionaire Reimann family, as it tries to become a formidable competitor to world coffee market leader Nestle SA. For Luxembourg-based JAB, the deal for the maker of K-Cup coffee pods “is a fantastic opportunity for them to be really a global player in the coffee market. The price represents a “demanding valuation” of about 15 times Keurig's earnings before…
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JAB-led investor group to buy K-Cup maker Keurig for $13.9 billion