Word: staking
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...worth no more than $11.5 billion. Two days later, Viacom hinted its interest had waned. That leaves only three bidders, some of which won't pay cash. No wonder Vivendi stock fell over 7% last week. Open Road To Privatization The French government dumped a €1.2 billion stake in Renault, reducing its holding in the carmaker to 15%. Lawmakers then waved through a draft bill allowing the state's share in former monopoly France Télécom to drop below 50%. Update One of Turkey's wealthiest families, the Uzans - profiled in time last week - was found...
...both are brewing up heady profits. But if you had to choose which man represents the future of the troubled German beer industry, it would have to be the New York-born Eisenbeiss (his parents emigrated to the U.S.). He and his sister share a 48% stake in the company that sells more beer to Germans than anyone else - Holsten, on Germany's north coast. Eisenbeiss believes a modern brewer needs to be big - Holsten already serves up 1 billion liters a year - and international. Sailer and his brother, Dietrich, by contrast, own and operate the small but thriving Hofbr...
...press conference, Bryant conceded, "I have a lot at stake" but stressed, "It has nothing to do with the game of basketball ... nothing to do with endorsements ... This is about our family...
...began overseeing the online curiosity that rapidly morphed into the world's most successful e-commerce company. Valued at $32 billion, eBay handles transactions worth $59 million a day, or $684 a second. Mom-and-pop shops peddle their wares alongside IBM, Kodak and Sears--and many stake their livelihood on the digital marketplace. "I think there's a minimum of 150,000 businesses that might not exist without eBay," says Whitman...
...Kluft had been voted this year's Victoria Scholar, one of the highest honors in Swedish sports. The award panel singled out "the very un-Swedish way she has shown us that you really can have fun on the field of competition, even though there is so much at stake." But who wouldn't be having fun? The heptathlon - a grueling challenge covering seven sports over two days - may be the best overall measure of women's athleticism on the planet. And according to International Association of Athletics Federation (IAAF) rankings, Kluft is now the best. Born in V?xj...