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According to a Bloomberg report, Citigroup Inc. ( C) is trimming its stake inAkbank T.A.S., a Turkish bank. The company is offering 10.1% of its Akbank stake worth $1.27 billion, up for sale. This amounts to 404 million shares currently owned by ...
May 25, 2012 at 21:40 | Source: NASDAQ
DUBAI, May 28 (Reuters) - The Alhamrani Group, a family-owned Saudi conglomerate, is considering the sale of its approximate two-thirds stake in a lubricant business joint venture with Germany's Fuchs Petrolub, two banking source said.
May 28, 2012 at 12:25 | Source: Reuters
SAO PAULO -(MarketWatch)- Banco Santander Brasil S.A. (SANB4.BR, BSBR) on Friday denied news reports that it was mulling the sale of a minority stake to a competitor in Brazil. "The bank is not for sale," said a press officer for Santander ...
May 25, 2012 at 20:00 | Source: Marketwatch
(Reuters) - Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake in Chesapeake Energy Corp (CHK.N) and called for the natural gas producer to replace at least four directors, saying the board has failed "in a dramatic ...
May 25, 2012 at 22:23 | Source: Reuters
Intermediate Capital Group Plc (ICP) is in talks to buy a stake in Symington’s, a U.K. food producer which is seeking capital to buy new brands, the Sunday Times reported, without saying how it got the information. Symington’s, owned by ...
May 27, 2012 at 13:09 | Source: Bloomberg
London-listed Intermediate Capital Group has acquired a minority stake in SCF Group from Archer Capital Growth Fund, a person familiar with the matter said. SCF Group’s management including founders Lindsay Carthew and Richard Sykes, who ...
May 28, 2012 at 02:17 | Source: Wall Street Journal
Mining magnate Gina Rinehart is believed to have lifted her stake in Fairfax Media, and questioned the abilities of the company's chairman Roger Corbett in the process. The world's richest woman was last week overlooked for a Fairfax board seat, in favour ...
May 28, 2012 at 05:16 | Source: Sydney Morning Herald
A substantial stake in the parent of British Airways, International Airlines Group, is up for grabs after Spain's struggling Bankia said it was planning to sell its interests in several leading businesses. Bankia, which held a controlling stake in Iberia ...
May 28, 2012 at 08:36 | Source: The Guardian
NBCUniversal is in talks to buy out Microsoft Corp's 50 percent stake in joint venture MSNBC.com, media reports said. NBCU parent Comcast Corp is conducting due diligence and the partnership with NBC News could be unwound by this summer, said ...
May 25, 2012 at 12:14 | Source: FOXBusiness
May 26, 2012 (Zacks.com via COMTEX News Network) -- According to a Bloomberg report, Citigroup Inc. (C) is trimming its stake inAkbank T.A.S., a Turkish bank. The company is offering 10.1% of its Akbank stake worth $1.27 billion, up for sale. This amounts ...
May 26, 2012 at 09:43 | Source: comcast.net