By Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) – BP (L:) is seeking buyers for its stake in a major Algerian gas plant deep in the Sahara desert after recent talks on a sale to Russian oil giant Rosneft (MM:) failed, three industry sources told Reuters. BP hopes to raiseRead More →
© Reuters. ISS recommends against Instructure’s proposed sale to Thoma Bravo: note By Svea Herbst-Bayliss BOSTON (Reuters) – Four investment firms opposing the sale of U.S. educational software company Instructure Inc (N:) to private equity firm Thoma Bravo picked up support on Monday when an influential proxy advisory firm cameRead More →
© Reuters. Trump administration pressed Dutch hard to cancel China chip-equipment sale: sources By Alexandra Alper, Toby Sterling and Stephen Nellis WASHINGTON/AMSTERDAM/SAN FRANCISCO (Reuters) – The Trump administration mounted an extensive campaign to block the sale of Dutch chip manufacturing technology to China, with Secretary of State Mike Pompeo lobbyingRead More →
(Bloomberg) — Japan’s government is considering holding off on its plan to sell about $10 billion worth of shares in Japan Post Holdings Co. through this fiscal year following scandals involving its insurance unit, according to people familiar with the situation. Concern over corporate governance and the tumbling stock priceRead More →
The Netherlands chapter of The Internet Society has hit out against the sale of the .org domain to private equity firm Ethos Capital, over concerns that it will lead to censorship and increased prices. Earlier this month, The Internet Society (ISOC) – a U.S. non-profit which oversees internet standards –Read More →
© Reuters. FILE PHOTO: General Motors Chief Executive Officer Mary Barra announces a major investment focused on the development of GM future technologies at the GM Orion Assembly Plant in Lake Orion, DETROIT (Reuters) – General Motors Co’s (N:) first electric pickup truck model will go on sale in theRead More →
Investing.com — Here is a summary of regulatory news releases from the London Stock Exchange on Tuesday, 19th November. Please refresh for updates Full-year profit before tax at EasyJet (LON:) will be between 420 and 430 million pounds ($554-$557 million), the airline said after what it called a “solid performanceRead More →
© Reuters. New Zealand’s Mediaworks puts struggling TV business on sale (Reuters) – New Zealand’s largest independent broadcaster Mediaworks said on Friday it is looking to sell its beleaguered television business and has appointed an adviser to identify potential buyers. The business includes the main Three TV news broadcaster, whichRead More →
© Reuters. FILE PHOTO: The logo of Australian oil and gas producer Santos Ltd is pictured in Sydney By Sonali Paul MELBOURNE (Reuters) – ConocoPhillips (N:) has agreed to sell its northern Australian business to partner Santos Ltd (AX:) for $1.39 billion, in a deal that will hike the AustralianRead More →
(Reuters) – Volkswagen (DE:) is looking at options for its luxury brand Lamborghini, including a sale or stock listing, Bloomberg reported on Friday, citing people familiar with the matter. Chief Executive Herbert Diess in March said Volkswagen was reviewing its portfolio of brands, which also include Ducati and Bentley, andRead More →
© Reuters. FILE PHOTO: Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro (Reuters) – U.S. energy giant Exxon Mobil Corp (NYSE:) is considering a sale of its Malaysian upstream offshore assets for up to $3 billion, BloombergRead More →
© Reuters. Investing.com – FireEye (NASDAQ:) rallied 5% on Wednesday on a report that the cloud cyber security company has hired Goldman Sachs (NYSE:) to help it seek out a potential sale, Business Insider reported. The company hired Goldman to advise it on any potential deals with private equity firmsRead More →
Rio Tinto PLC has scrubbed plans for a sale or initial public offering of its Canadian iron-ore unit, following a yearslong effort to unload the business, according to a person familiar with the matter. Rio Tinto RIO, +1.09% RIO, +2.02% RIO, +1.53% has been shopping around its 59% stake inRead More →
© Reuters. A screen displays the logo for Baker Hughes on the floor at the NYSE in New York (Reuters) – General Electric (N:) is looking to raise up to $3 billion in sale of majority-owned Baker Hughes (N:) shares, resulting in a reduction of the U.S industrial conglomerate’s stakeRead More →
Drew Angere/Getty Images A man carries a Barneys New York shopping bag outside of the store in Midtown Manhattan. The iconic luxury department store filed for bankruptcy. Struggling Barneys may have finally found its savior in the form of London-based online retailer Farfetch, The Post has learned. Barneys, which hasRead More →
By Joshua Franklin and Chibuike Oguh (Reuters) – Buyout firm KKR & Co Inc (N:) is exploring a sale of Epicor Software Corp that could value the U.S. enterprise resource planning software provider at close to $5 billion, including debt, people familiar with the matter said on Thursday. Companies suchRead More →
By David French (Reuters) – U.S. health insurer Cigna Corp (N:) is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday. The unit for sale offers disability insurance as well asRead More →
(Reuters) – Campbell Soup Co (N:) on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott’s and some of its international operations to KKR & Co Inc (N:) for $2.2 billion as the U.S. company works on reducing debt. Campbell and KKR will enter intoRead More →
© Reuters. An Airbus A330 NEO performs at the 53rd International Paris Air Show at Le Bourget Airport near Paris, By Alistair Smout and Tim Hepher LE BOURGET, France (Reuters) – Airbus sealed deals with big buyers for its latest passenger jet at the Paris Airshow on Wednesday, battling backRead More →
© Reuters. FILE PHOTO: A Thomas Cook Airbus A321 airplane takes off at the airport in Palma de Mallorca LONDON (Reuters) – Thomas Cook has received a preliminary approach for its tour operations from its biggest shareholder, China’s Fosun Tourism, sending shares in the struggling British travel group up 20Read More →
© Reuters. Greyhound buses are lined up in New York City (Reuters) – Train and bus operator FirstGroup said on Thursday it would sell U.S. coach service Greyhound and look to separate off its UK First Bus operations as it seeks to head off pressure from major investors for returns.Read More →
© Reuters. FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim FRANKFURT (Reuters) – Germany’s markets regulator Bafin on Friday said its two-month ban on short-selling shares of payments company Wirecard had expired. In February,Read More →
© Reuters. FILE PHOTO: David Pecker, chairman and CEO of American Media, speaks at the Shape and Men’s Fitness Super Bowl Party in New York (Reuters) – The owner of the National Enquirer said on Wednesday it was considering selling the tabloid, which has admitted to paying hush money toRead More →
© Reuters. An AT&T logo is pictured in Pasadena (Reuters) – AT&T (NYSE:) has internally discussed about selling its HBO Europe business as the telecom group aims to reduce a debt pile of $170 billion, the Financial times reported, citing current and former senior executives. Comcast-owned Sky would be anRead More →
© Reuters. Kraft Heinz hires banker to review possible sale of Maxwell House coffee business: CNBC (Reuters) – Food company Kraft Heinz (NASDAQ:) Co has hired investment bank Credit Suisse (SIX:) to review options for its Maxwell House coffee business, including a potential sale, CNBC reported on Sunday, citing peopleRead More →
