After the sale, RBS's remaining stake in Direct Line will be reduced to 49.99%.
For instance, the bank 80% owned by taxpayers, Royal Bank of Scotland, has announced it is floating some of its US business, Citizens, on the stock market and selling a further stake in the insurer Direct Line.
Luxembourg, which does at least have a stake in Arcelor, fell into line with France, pledging to do what it could to stop the takeover.
On Feb. 28, Citigroup stepped in to shore up struggling lender Ameriquest, taking an equity stake and also arranging a credit line and getting the option to buy some of its business lines.
Perelman could be the latest in a long line of billionaires to buy a stake in a U.S. newspaper.
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Royal Bank of Scotland is to give up control of Direct Line after selling part of its stake in the insurer.
If a movie does well, Warner profits from its 50% equity stake and from DVD and TV revenue further down the line.
The sale of a 33.5% stake in Turk Telecom, the state-owned fixed-line monopoly, has not drawn a single foreign bid.
And another key part of our work is to line up the incentives, so that everyone has a stake in the long-term success of the program.
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But with millions of jobs at stake, with the future of so many families and businesses on the line, we acted to prevent the country from slipping into an even deeper crisis.
Lives are at stake when the fire department needs a utility to shut off power to a downed line and the police department to block traffic in the area.
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Because believe this, all of our hard work and all of that wonderful progress that we have made -- it is all on the line. (Applause.) It is all at stake this November.
Because we have to remember that all of the wonderfully important and hard work, all the progress that we've made -- it is all on the line. (Applause.) It is all at stake this November.
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