NEW YORK— Forbes said Friday it will sell a majority stake in the family owned magazine publisher to a Hong Kong- based investor group. The buyers are led by Integrated Asset Management Ltd., a Hong Kong investment firm that invests in telecommunications, finance and technology companies.» Read More
MELBOURNE, June 17- Royal Dutch Shell launched a long-awaited sell down of its stake in Australia's Woodside Petroleum Ltd on Tuesday, looking to reap about $5.73 billion. The deal included Woodside agreeing to buy back 78.3 million of its shares from Shell for A $36.49 a share, or a total of A $2.857 billion, Woodside said.
June 13- Chevron Corp, the second-largest U.S. oil company, said it sold its 25 percent stake in a producing oil concession and the related pipeline system in southern Chad to the country's government for about $1.3 billion.
*Bank of Ireland shares down 2.8 percent. LONDON/ DUBLIN, June 10- The sale by billionaire investor Wilbur Ross of his entire shareholding in Bank of Ireland was priced at 0.265 euros a share, Deutsche Bank, the placing's bookrunner, said in a statement. Deutsche Bank acted as sole bookrunner on the placement of Ross's 1.8 billion shares.
June 9- Morgan Stanley is selling its controlling stake in oil storage and transport company TransMontaigne Inc to NGL Energy Partners LP for $200 million, essentially ending its long run as the biggest physical oil trader on Wall Street.
June 9- Morgan Stanley is selling its controlling stake in oil pipeline company TransMontaigne Inc to NGL Energy Partners LP for $200 million, essentially ending its long run as the biggest physical oil trader on Wall Street.
June 9- Morgan Stanley is selling its stake in oil pipeline company TransMontaigne Inc to NGL Energy Partners LP for $200 million as the bank slims down its commodities business. Morgan Stanley said on Monday the sale includes its general partner and limited partner interests in TransMontaigne Partners LP.
June 9- Morgan Stanley is selling its stake in oil pipeline company TransMontaigne Inc to NGL Energy Partners LP for $200 million, as the bank slims down its commodities business. Morgan Stanley said the sale includes its general partner and limited partner interests in TransMontaigne Partners LP. The deal is expected to close in the third quarter of 2014..
MEXICO CITY, June 4- Mexican oil giant Pemex plans to sell its remaining 1.4 percent stake in Spanish peer Repsol in August, two sources at Pemex said on Wednesday. Pemex sold 7.86 percent of Repsol, worth around $3 billion, to unspecified private investors earlier on Wednesday.
MADRID, June 4- Mexico's national oil company Pemex has sold the bulk of its stake in Spain's Repsol for 2.09 billion euros, ending a more than 25 year partnership and freeing up cash to invest in its own energy sector.
NEW YORK/ FRANKFURT, May 29- Germany's Deutsche Telekom AG is willing to keep a minority stake in a deal to sell T-Mobile US Inc to Japan's Softbank Corp, but other details such as price and financing remain to be worked out, according to sources familiar with the situation.
LONDON, May 22- Italy's largest infrastructure fund F2i plans to sell up to 49 percent of F2i Aeroporti, which holds stakes in some of the country's main airports, in a deal that sources said could raise up to 500 million euros.
May 21- Activision Blizzard Inc said Vivendi S.A. will sell 41.5 million of the videogames publisher's shares, as part of a planned stake sale announced last July. Vivendi owned an 11.6 percent stake, or 83 million shares, in Activision as of October, according to Thomson Reuters data.
*Sears Holdings says it may put Sears Canada up for sale. Sears Holdings, which operates more than 2,300 stores in the United States and Canada, said it will hire an investment bank to explore options for its share of Sears Canada. The move comes as Sears Holdings, which operates Sears and Kmart discount stores, tries to engineer a turnaround.
*Sears Holdings says it may put Sears Canada up for sale. May 14- Sears Holdings Corp said on Wednesday that it was considering the sale of its 51 percent stake in Sears Canada Inc, a move that could mean all of the Canadian department store operator goes up for sale.
*To offer up to 81 mln shares, or 38 pct stake, in IPO. NAIROBI, May 12- The Nairobi Securities Exchange will sell up to a 38 percent stake in an initial public offering by the end of next month to raise funds for new products and enhance transparency, its chief executive said.
Gannett, the parent company of USA Today, is one of the five newspaper publishers that back Classified Ventures, the entity that owns Cars.com. Cars.com helps people buy and sell cars on the Internet. Gannett has a 27 percent stake in Classified Ventures.
*Repsol sells 11.86 percent of YPF to Morgan Stanley. MADRID, May 7- Spanish oil major Repsol bid farewell to 15 years of business in Argentina with the sale of a stake in energy firm YPF to Morgan Stanley for $1.26 billion on Wednesday.
MAIN PRIVATISATION DEALS AGREED SO FAR 2011- Sale of 10 percent stake in telecoms firm OTE to Germany's Deutsche Telekom- 10- year extension of gaming concession of gambling monopoly OPAP until 2030- Granting of license to OPAP to install 35,000 video gambling slots- Sale of frequency spectrum to Greek mobile telephony companies- Sale of 2 Airbus jets previously owned by former state carrier Olympic Airways.
*Pemex owns 9.3 percent of Repsol. *Repsol stake has market value of 2.3 billion euros. MADRID, May 5- Mexican state-run oil company Pemex is preparing to sell its 9.3 percent stake in Spain's Repsol, according to a media report on Monday, after the appointment of a new chief executive further soured relations between the two firms.
KUALA LUMPUR/ VANCOUVER, April 30- A plan by Malaysian state-owned oil firm Petronas to build an $11 billion liquefied natural gas export terminal on Canada's Pacific Coast gained momentum on Tuesday with China's Sinopec Group and a Chinese state utility joining the project.