Home / Tag Archives: majority stake

Tag Archives: majority stake

Cerberus to Buy 70% Stake in Navistar’s Defense Business

New York-based private equity firm Cerberus Capital Management has agreed to purchase a 70 percent controlling stake in Navistar International’s (NYSE: NAV) defense business for an undisclosed sum. Michael Sanford, co-head of private equity and senior managing director of Cerberus, said in a statement published Monday the company plans to …

Read More »

NTT Com Eyes European Data Center Space With E-shelter Buy-In

NTT Communications (NYSE: NTT) is set to acquire a majority stake totaling 86.7 percent of shares in German data center service operator e-shelter from private equity investment company ABRY Partners. NTT Com said Monday through the move the company intends to boost its market presence in the region and bolster its capability to meet growing demand for data …

Read More »