American businessman Stan Kroenke has increased his stake in Arsenal and is now within 17 shares of the threshold that forces him to make a takeover bid. The Premier League club said Monday that Kroenke acquired 25 more shares last week at a cost of $342,400 ...

American sports magnate Stan Kroenke has moved to within 17 shares of the threshold requiring him to mount a takeover of Arsenal after upping his stake in the English Premier League club. The London side said on Monday that Kroenke had acquired 25 more shares last week at a cost of 212,500 pounds (342,099 dollars). The Denver-based ...

Russian billionaire Alisher Usmanov has increased his stake in Arsenal to more than 26 percent, keeping him in a battle with American Stan Kroenke for control of the Premier League club. Kroenke remains the largest shareholder and has steadily increased his holding in recent months to ...

Russian tycoon Alisher Usmanov's Red and White Holdings group moved closer to a takeover of Arsenal on Friday by increasing their stake in the Premier League club to 26.07 percent. Under stock market rules, anyone to cross the 29.99 percent takeover threshold would be obliged to make a formal offer for the remainder of the shares at ...