As a result of the Tax Cuts and Jobs Act, Tenet recorded a $252 million non-cash partial write-down of the Company's deferred tax assets and a $22 million increase in noncontrolling
interest expense, which lowered net income by $274 million in the fourth quarter.
Excluding a benefit of $327 million ($282 million, non-GAAP, net of noncontrolling
interests impacts) related to the enactment of new tax legislation, Net income available to TDS common shareholders and related diluted earnings per share excluding adjustments (non-GAAP) were $6 million and $0.
Fitch includes cash distributions from unconsolidated entities plus dividends from its investment in Klepierre shares net of distributions to noncontrolling
property interests when calculating SPG's leverage and coverage metrics.
This clean energy company produces approximately 45,900 megawatts of generating capacity, which includes megawatts associated with noncontrolling
interests related to NextEra Energy Partners LP (NYSE: NEP) and approximately 14,700 employees in 30 states and Canada as of year-end 2016.
NYSE: FIX) has completed the acquisition of the remaining 40% noncontrolling
interest in Environmental Air Systems headquartered in Greensboro, North Carolina, the company said.
In many private-equity M&A transactions, the private-equity firm invests in a noncontrolling
interest in the target entity (T).
had obtained a 10 percent noncontrolling
equity interest in Albany Safran Composites LLC, a joint venture, for $28 million.
Are minority interest discounts appropriate in valuing noncontrolling
interests in real estate holding companies?
For Empire's fourth quarter ended May 4, the company recorded net earnings, net of noncontrolling
interest, of $107.
AB InBev already owns a 50 percent noncontrolling
stake in the Mexican brewery, but antitrust officials balked at a deal in which AB InBev would have acquired the rest of Grupo Modelo for $20.
EBITDA less noncontrolling
interests increased 14% to $61.
This can be overcome when noncontrolling
shareholders have "substantive participating" rights allowing them to participate in significant decisions expected to be made in the "ordinary course of business.