Alpha Natural Resources Inc. said Monday that it has agreed to sell its 50 percent stake in a natural gas joint venture to Rice Energy for $300 million in cash and stock. Rice Energy will pay Alpha Natural Resources $100 million in cash and $200 million in common stock from its planned initial public offering.» Read More
Nov 8- Talisman Energy Inc said it agreed to sell a part of its Montney oil field in northeast British Columbia to Progress Energy Canada Ltd for C $1.5 billion in cash. Talisman Energy has been restructuring its operations to lower costs and boost its share price. Activist investor Carl Icahn has a 6 percent stake in the Canadian oil producer.
*Etisalat to buy Vivendi's 53 pct stake in Maroc Telecom. DUBAI, Nov 5- Vivendi has agreed terms to sell its 53 percent stake in Maroc Telecom to the UAE's Etisalat for 4.2 billion euros, the latest step in the French conglomerate's drive to become more media focused.
BlackBerry on Monday moved to oust CEO Thorsten Heins and jettisoned a buyout by Fairfax Financial in one fell swoop.
TORONTO, Nov 1- U.S. hedge fund Silver Point Capital LP has bought a 19 percent stake in Canadian newspaper company Postmedia Network Canada Corp, a regulatory filing showed. Postmedia operates Canada's largest chain of newspapers, including the flagship National Post, the Montreal Gazette, Ottawa Citizen and Vancouver Sun.
RIO DE JANEIRO/ SAO PAULO, Oct 31- Brazilian tycoon Eike Batista's oil company OGX Petróleo e Gas Participações SA agreed on Thursday to sell its 67 percent stake in its natural gas unit for 344 million reais, the day after it filed for bankruptcy protection.
*Lion, Bega, Murray Goulburn can block Saputo- analyst. SYDNEY, Oct 29- Kirin Holdings Co Ltd bought a 10 percent stake in Warrnambool Cheese and Butter Factory Company Holdings Ltd on Tuesday, in a move that could block a takeover of the Australian dairy company by Canada's Saputo Inc..
TORONTO/ WINNIPEG, Manitoba, Oct 21- Canadian food processor Maple Leaf Foods said on Monday it may sell its controlling stake in Canada Bread Company as it determines whether to exit the bakery business and focus on meat products.
TORONTO, Oct 21- Canadian food processor Maple Leaf Foods said on Monday it was looking to possibly sell its controlling stake in Canada Bread Co, as it determines whether to exit the bakery segment and focus on its meat business.
ATHENS, Oct 21- Canadian investment fund Fairfax Holdings has become the third-biggest shareholder of Greek industrial group Mytilineos, acquiring a 5 percent stake worth about 30 million euros, the two companies said on Monday. A 5 percent stake in Mytilineos is worth about 30 million euros on the Athens stock exchange.
*Could sell stake in Plains All American Pipeline for $1.3 bln. Oct 18- Occidental Petroleum Corp will look to sell a minority stake in its Middle East and North African operations and said it will consider options for some of its oil and gas assets in the Rocky Mountain region.
Oct 18- Oil and gas company Occidental Petroleum Corp said it is looking to sell a minority stake in its Middle East and North Africa operations and will consider options for some Rocky Mountain assets.
*Attention turns to Caixabank's stake in Bank of East Asia. HONG KONG/ MADRID, Oct 17- Spanish lender BBVA agreed to sell $1.27 billion of CITIC Bank Corp shares to bolster its capital, becoming the latest foreign bank to start unwinding often difficult Chinese partnerships.
*Getty bonds go from above par to 75 cents on the dollar in 5 months. NEW YORK, Oct 17- When private equity firm Carlyle Group LP bought a controlling stake in Getty Images Inc in October last year, debt investors fell over one another to help finance the $3.3 billion deal. Carlyle raised about $2.6 billion in bank loans and bonds.
MEXICO CITY, Oct 16- America Movil, the phone company controlled by billionaire Carlos Slim, on Wednesday said it would not go ahead with a plan to boost its stake in KPN, and has not yet decided whether to keep its current position in the Dutch telecom company.
*Tele2 Russia seen merging with Rostelecom's mobile unit. MOSCOW, Oct 11- Russian bank VTB is to sell 50 percent of its mobile phone operator Tele2 Russia to a group of investors in a deal expected to be worth about $2 billion and which stoked talk of an eventual tie up between Tele2 and rival Rostelecom.
MOSCOW, Oct 11- Russian bank VTB has agreed to sell a 50 percent stake in mobile phone operator Tele2 Russia to a group of Russian investors, a senior executive of VTB said on Friday. A deal could be worth around $2 billion, according to valuation figures VTB gave for Tele2 Russia in its last financial report.
*Telecom Italia, TIM shares rise more than 6 percent. MILAN/ FRANKFURT, Oct 9- Telecom Italia is considering a sale of its 67 percent stake in Brazilian mobile operator TIM Participacoes in a bid to reduce its debt, said a person familiar with the matter on Wednesday.
Oct 8- Warren Buffett's Berkshire Hathaway Inc disclosed a 2.8 percent passive stake in Goldman Sachs Group Inc as it converted warrants acquired during the financial crisis.
LONDON/ NEW DELHI, Oct 8- Vodafone intends to increase its stake in its Indian subsidiary after the country cleared foreign companies to take full ownership of local carriers, a source familiar with the group's plans said on Monday. Vodafone declined to comment when asked if it will increase its stake in Vodafone India.
CALGARY, Alberta, Oct 7- Talisman Energy Inc shares surged in after-hours trading on Monday after activist investor Carl Icahn said he had purchased about 61 million shares of the underperforming Canadian oil producer and may seek a seat on the company's board. The stock closed at $12.75 in New York on Monday.