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Buyins and Buyouts

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  • SAN FRANCISCO, Sept 26- Activist investor Starboard Value LP said on Friday it has acquired a significant stake in Yahoo Inc and urged the struggling Internet company to cut costs, monetize its Asian assets and seek a "strategic combination" with AOL Inc..

  • Sept 26- Shutterfly Inc shareholders Marathon Partners Equity Management LLC and Mario Cibelli said on Friday that they would support the potential sale of the online photo-sharing service provider. Cibelli is the managing member of Marathon Partners and has a 5.29 percent stake in Shutterfly.

  • *Demand from U.S. investors, Europe, UK. LONDON, Sept 26- Lloyds Banking Group has sold a further 11.5 percent stake in TSB in a 161 million pound share placing to investors that required no discount to the market price following strong demand. They see TSB as a viable challenger to Britain's "Big Four" banks- Lloyds, Royal Bank of Scotland, Barclays and HSBC.

  • *Telecom Italia board to examine Fintech's proposal Friday. MILAN/ BUENOS AIRES, Sept 25- Investment company Fintech has asked Telecom Italia to further extend an agreement to buy the Italian group's controlling stake in Telecom Argentina, Telecom Italia said on Thursday, in a last-minute attempt to ensure the sale does not fall apart.

  • NEW YORK/ PARIS, Sept 25- French oil company Total SA has launched a process to sell its 17 percent stake in the Gulf of Mexico' s Tahiti oil field, which could fetch between $1.5 billion and $2 billion in a deal, according to people familiar with the matter.

  • TOTAL SA LOOKS TO SELL 17 PERCENT STAKE IN THE GULF OF MEXICO'S TAHITI OIL FIELD- SOURCES.

  • PARIS, Sept 23- French oil major Total has agreed to sell its 25 percent stake in Cardinal Gas Services, a gas transport company operating in Ohio's Utica shale gas basin, to a group of Korean companies for up to $450 million.

  • Pabst Brewing to be sold to Russian company Friday, 19 Sep 2014 | 11:44 AM ET

    TSG Consumer Partners will take a minority stake in Pabst. In addition to its namesake beer, Pabst Brewing Co. makes Colt 45, Old Milwaukee and Schlitz, in addition to regional brews such as Lone Star, Rainier and Old Style. Pabst was acquired in 2010 by C. Dean Metropoulos& Co., which is known for investing in food brands, including Twinkie maker Hostess.

  • Vimpelcom, GTH to sell Wind Canada stake for $122 mln Tuesday, 16 Sep 2014 | 2:33 AM ET

    Sept 16- Vimpelcom Ltd and Global Telecom Holding SAE said they have agreed to sell their stake in Canadian wireless carrier Wind Mobile to Globalive Capital and a group of investment funds for about C $135 million.

  • *Leading investors include Harvest Fund Mgt, China Life Insurance, Tencent. HONG KONG/ BEIJING, Sept 14- Sinopec Corp will sell a 107.1 billion yuan stake in its retail unit to a group of 25 Chinese and foreign investors, Asia's top oil refiner said in a statement on Sunday.

  • Jimmy John's, founded in 1983 by 19- year old Jimmy John Liautaud in a converted garage, is in the early stage of preparing a sale process, the people said. Representatives of Jimmy John's, North Point Advisors and Weston Presidio did not immediately respond to requests for comment.

  • TOKYO, Sept 12- Japanese trading house Mitsubishi Corp is buying a 20 percent stake in an offshore oilfield in Ivory Coast from U.S. firm Anadarko Petroleum, in what will be the first Japanese oilfield stake purchase in the African country.

  • CNBC's David Faber reports Family Dollar has rejected Dollar General's revised buyout bid over antitrust issues.

  • MOSCOW, Sept 5- Russian tycoon Gennady Timchenko has cut his stake in petrochemical company Sibur, the firm said in a statement on Friday. Timchenko, who is on the U.S. sanctions list, sold his 17 percent stake to a company controlled by Kirill Shamalov, deputy CEO at Sibur.

  • NEW YORK, Sept 3- Billionaire investor Carl Icahn has sold his entire stake in Family Dollar Stores Inc, making a profit of about $200 million on the investment, according to sources familiar with the matter on Wednesday. Dollar Tree Inc agreed in July to buy Family Dollar for $8.5 billion.

  • LVMH tosses Hermès on the discount rack Wednesday, 3 Sep 2014 | 2:19 PM ET

    French rivals LVMH and Hermès are celebrating a truce and putting an end to takeover speculation. Hermès shareholders may not be so thrilled.

  • 'Standoff' of French luxury companies ends Wednesday, 3 Sep 2014 | 7:37 AM ET
    Bernard Arnault

    The fashion mogul Bernard Arnault’s LVMH and the Hermès luxury house have finally made peace, the companies say.

  • Aug 29- Canada's Athabasca Oil Corp said it had closed the sale of its 40 percent interest in the Dover oil sands project to a unit of PetroChina Co Ltd for $1.18 billion. Athabasca said it received $600 million in cash and $584 million in three interest-bearing promissory notes from the unit, Phoenix Energy Holdings Ltd..

  • Aug 29- Grupo Oi SA, Brazil's fourth-biggest wireless carrier, is in talks to sell its 25 percent stake in Angola's largest mobile-phone company Unitel SA for more than $2 billion to other shareholders, Bloomberg reported, citing people familiar with the matter.

  • HONG KONG, Aug 19- Canadian retailer Alimentation Couche-Tard Inc and China's Tencent Holdings Ltd are among suitors short-listed to buy a $16 billion minority stake in China's Sinopec Sales, the world's largest fuel retail network, people familiar with the matter told Reuters.