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  • Dec 1- Online search and advertising company Yahoo Inc's board will weigh the potential sale of its Internet business when it meets on Wednesday through Friday, according to a CNBC tweet citing Dow Jones.

  • Dec 1- Buyout firms KKR& Co LP, Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc's assets, people familiar with the matter said, as the computer maker steps up asset sales. Divesting these assets would help Dell bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for $67...

  • Dec 1- A U.S. judge approved a reduced incentive plan for top executives of Sabine Oil& Gas Corp on Tuesday, despite opposition from unsecured creditors who demanded that any bonus scheme be linked to a sales process for the bankrupt company. Houston- based Sabine filed for Chapter 11 protection in July with $2.8 billion in outstanding debt, joining a growing rank...

  • WILMINGTON, Del, Dec 1- When Samson Resources Corp filed this year's biggest energy-related bankruptcy in September, the oil and gas company said it had a deal to emerge from Chapter 11 protection by year-end. In the past 16 months, the price of oil has sunk to around $40 per barrel from about $100, ending years of elevated crude prices that fueled oil companies'...

  • CHICAGO, Nov 30- Dow Chemical Co has struck a deal to sell a part of its global herbicide business, as low crop prices continue to drive talk of consolidation in the agriculture industry. Dow on Monday said it agreed to sell a portfolio of weed killers known as dinitroanilines to privately held Gowan Company. The farm sector is struggling to cope with falling crop...

  • *Ukraine, Venezuela, Argentina 2015 top global performers. LONDON, Nov 30- Labelled the emerging market "toxic trio" until not so long ago, the high-yielding bonds of Ukraine, Argentina and Venezuela have come up smelling of roses for those who were brave enough to buy into them at the start of the year. Ukraine's debt restructuring, pro-business Maurico Macri's...

  • Last month, solar producer Baoding Tianwei Group became China's first ever state-owned company to default on a bond coupon payment, showing Beijing's increasing willingness to let companies go bust in a bid to reform its corporate market. Although onshore and offshore bondholders have equal standing in China's bankruptcy law, lawyers and investors who...

  • CHICAGO, Nov 27- The bankrupt operating unit of Caesars Entertainment Corp has appealed a ruling that would enforce payments of nearly $364 million in pension liabilities, according to court documents filed this week. Caesars Entertainment Operating Corp had asked the bankruptcy court to shield its parent from liability demands by the National Retirement...

  • Australia goes cold on secure intranet sale Friday, 27 Nov 2015 | 1:32 AM ET

    SYDNEY, Nov 27- Australia's government said on Friday it has decided against selling state-owned intranet assets that link government buildings in the nation's capital, two days after local media reported a Japanese-owned firm offered to buy it for A $400 million. Two days earlier, the Australian Broadcasting Corp. reported that internet company Dimension...

  • Nov 25- Bankrupt grocery chain Haggen said on Wednesday it had received court approval to sell 47 stores on the West Coast, most of which will go back to grocer powerhouse Albertsons, as part of a plan to emerge from Chapter 11.. Bellingham, Washington- based Haggen ran into debt trouble this year after a costly and ambitious expansion drive that included the...

  • Nov 25- U.S. film studio Relativity Media LLC is accusing its senior lender and two former executives of a secret plan to thwart its refinancing efforts, a factor that it said in court documents helped lead to its July bankruptcy filing. In a revised disclosure statement for its plan to exit bankruptcy, Relativity said lender Colbeck Capital Management...

  • SINGAPORE, Nov 25- SCMP Group Ltd, publisher of Hong Kong's South China Morning Post, has been approached by a third party that is potentially interested in acquiring its media assets, days after reports that Alibaba's Jack Ma was in talks to buy a stake. On Monday, Bloomberg had reported that Ma, founder and executive chairman of Chinese e-commerce giant Alibaba...

  • *Abengoa has 4 months to reach deal with creditors. *Abengoa's bankruptcy would be Spain's largest on record. MADRID, Nov 25- Spain's Abengoa started insolvency proceedings on Wednesday after a potential investor said it would not inject fresh capital into the energy firm, sending its share price tumbling by 60 percent.

  • Abu Dhabi's TAQA files for sale of U.S. wind power asset Wednesday, 25 Nov 2015 | 3:12 AM ET

    ABU DHABI, Nov 25- Abu Dhabi National Energy Co has filed with U.S. energy regulators to sell its stake in the Lakefield wind power plant in the U.S. state of Minnesota, a spokesperson for the company said on Wednesday. TAQA, majority-owned by the government of Abu Dhabi, bought a 50 percent stake in the 205.5 megawatt project from a subsidiary of France's EDF in early...

  • Nov 24- Discount retailer Dollar Tree Inc reported better-than-expected quarterly net sales as the company benefited from its $8.5 billion acquisition of Family Dollar. However, same-store sales at the Dollar Tree business grew slower than expected. Dollar Tree's net income fell to $81.9 million, or 35 cents per share, from $133 million, or 64 cents per share, a...

  • *Plans to cut China price premium. BERLIN, Nov 24- German fashion house Hugo Boss said Chinese and U.S. markets will remain challenging in 2016 and it will restrict new store openings to top global locations as it expands its more profitable online business. China remains the biggest opportunity for the group but tough conditions there, and in the United States...

  • NEW YORK, Nov 22- U.S. private equity firm Patriarch Partners LLC said on Sunday it filed to put the Zohar I debt fund into Chapter 11 bankruptcy to protect against efforts by MBIA Inc to obtain the assets of Zohar, which invests in Patriarch's portfolio companies. MBIA is another Zohar I creditor, Patriarch said. Patriarch is seeking court approval for a...

  • *China General Nuclear Power Corp to buy 100 pct of Edra. An international probe into alleged graft at 1 Malaysia Development Bhd, along with weak global fuel prices and subdued demand from China, has damaged investor sentiment in Malaysia and battered its currency. 1 MDB has denied any wrongdoing. State-owned CGN said it will assume all the debt of 1 MDB's power...

  • Nov 23- General Electric Co said on Monday it would sell its $5.9 billion portfolio of UK home loans to an investment consortium led by Blackstone Group LP, as it exits its UK mortgage business. The deal is part of GE's plan to divest assets worth about $200 billion of its finance arm, GE Capital, as it moves away from finance and focuses on manufacturing industrial...

  • Nov 23- General Electric Co said on Monday it would sell its $5.9 billion worth portfolio of UK home loans to an investment consortium led by Blackstone Group LP, as it exits its UK mortgage business.