private equity firm bought the stake from the Dutch financial group in 2014 for W1.84 trillion.

The company is under pressure to sell the stake as the five-year contract on trademark rights ends by the end of this year.Jerod MacDonald-Evoy

The Republic | azcentral.com

The Maricopa County Sheriff's Office arrested a man they believe is responsible for a boating accident at Lake Pleasant Thursday night that sent one man to the hospital in critical condition, officials said.

Initial reports stated that a 46-year-old man was injured after a boat fell on top of him while attempting to launch into Lake Pleasant.

A Sheriff's Office investigation determined that Sean J. Ceschia, 45, was driving the boat while the man was attempting to guide it out of the lake and onto a trailer attached to a pickup truck, according to Officer Courtney Palma, a sheriff's spokeswoman.

Ceschia hit the gas on the boat, causing it to launch out of the water and hit the back of the truck before landing on the man,