China`s Wanda Group continue to expand their sporting interests after acquiring a 20 per cent stake in La Liga champions Atletico Madrid, worth a reported 44.98 million euros, ($48.38m/£32.63m), the club announced on Tuesday.
Chinese billionaire Wang Jianlin bought a 20 percent stake in Spanish league champions Atletico Madrid on Wednesday, his company announced, the first mainland Chinese investment in a top European football club.
ABG Shipyard,which is locked in a takeover battle for Great Offshore with
Bharati Shipyard, today sold 8.27% stake in the offshore drilling firm, but said that its open offer for additional stake will start from tomorrow.
Liquefied gas importer, Petronet
LNG Ltd (PLL), is keen to acquire up to 10 per cent stake in
ONGC Petro-additions Ltd (OPaL), which is setting up a cracker
complex in Gujarat, a senior ONGC official said.
Based on the recommendation of
the Foreign Investment Promotion Board (FIPB), the government
has deferred a decision the proposals of Analjit Singh and
Asim Ghosh to part-sell their minority stakes in Vodafone
Foreign fund HSBC Global Investment
Funds, Mauritius has acquired 0.68 per cent stake in engineering major, Larsen and Toubro, after buying shares worth Rs 628.72 crore, through an open market transaction.