I proposed that the Government should initially retain a 51 per cent stake in the new company.

News International, with its 50 per cent stake in the business, was unchanged at 225p.

The acquisition of a 52 per cent stake was completed in July 2012.

He has a 15 per cent stake in United's shares.

A "strategic partner" would then be sought to buy a 15 per cent stake.

News Corporation owns a 39.14 per cent controlling stake in the company.

But why, policyholders may well ask, should they give up a 40 per cent stake in the business?

Both firms have taken a 45 per cent stake in each other 's truck business.

The deal saw the broker's own management take a 25 per cent stake in the business.

Both companies each have a 40 per cent stake.