NEW YORK, March 10- Chobani, the Greek yogurt maker that has quickly grown into a U.S. sensation, is looking to sell a minority stake in a deal that could value the company at around $2.5 billion, people familiar with the matter said.» Read More
TEGUCIGALPA, Jan 20- Honduras' Congress on Monday approved a breakup of the country's state-controlled electricity producer, allowing private interests to invest in the semi-shuttered industry in an effort to stem the company's losses and revitalize the ailing sector.
AOL will transfer Patch to a new limited liability company run by Hale Global. AOL will retain a minority interest. The partnership is the latest chapter in the history of Patch, a network of more than 900 websites covering events and news in communities such as Montclair, New Jersey and Malibu, California that AOL Chief Executive Tim Armstrong helped start.
RIO DE JANEIRO, Jan 14- Brazil's state-run oil company Petroleo Brasileiro SA, or Petrobras, on Tuesday "emphatically denied" that it is in talks with India's ONGC Videsh to sell part of its stake in the giant Libra offshore prospect in Brazil.
TOKYO, Jan 13- Toshiba Corp is in the final stages of boosting its stake in British nuclear power firm NuGen to around 60 percent by buying a 10 percent stake from French utility GDF Suez SA, industry sources familiar with the matter said on Monday.
TOKYO, Jan 13- Toshiba Corp is in the final stages of buying around 10 percent of British nuclear power firm NuGen from French utility GDF Suez SA, boosting its stake to around 60 percent, the Nikkei business daily reported on Monday without citing sources. Toshiba would buy the stake from GDF Suez, which owns 50 percent of NuGen, for about 3 billion yen, the Nikkei said.
MUMBAI, Jan 7- Europe's biggest dairy group Lactalis has agreed to acquire a controlling stake in India's Tirumala Milk Products for between $250 million and $300 million, two sources with direct knowledge of the matter said on Tuesday.
Permira is banking on growing demand for easy and affordable access to legal documents and the legal advice to go with it, in a market estimated to be worth $90 billion in the United States including offline services.
21st Century Fox said on Thursday it would sell its 47 percent stake in Star China TV to the TV channel operator's management and private equity fund China Media Capital.
Jan 2- 21st Century Fox said on Thursday it would sell its 47 percent stake in Star China TV to the TV channel operator's management and private equity fund China Media Capital. Star China TV, formed in 2010 and majority owned by China Media Capital, operates Mandarin channels such as Xing Kong, Xing Kong International and Channel V Mainland China.
ISTANBUL, Dec 31- Nasdaq OMX Group will take a 5 percent stake in Turkey's Borsa Istanbul in a tie-up that will allow the Turkish exchange to use Nasdaq's market technologies to attract new customers, the two exchanges said on Tuesday.
TOKYO, Dec 26- Toshiba Corp said it is in the final stages of nailing down a majority stake in a British nuclear power consortium after one of the joint shareholders agreed to sell the Japanese company its 50 percent stake.
Royal Dutch Shell's 23.1 percent stake in oil and gas group Woodside Petroleum is seen as more likely to be split up than to go in one piece.
NEW YORK, Dec 19- American Securities LLC has bought a majority stake in Frontier Spinning Mills Holding Corp, the second-largest U.S. yarn producer, taking advantage of low energy costs and booming yarn exports to China.
LUXEMBOURG, Dec 18- Luxembourg is to sell its 35 percent stake in cargo airline Cargolux Airlines International to a Chinese investor for $120 million, the government said on Wednesday. Luxembourg bought a 35 percent stake in the airline from Qatar Airways in December 2012 for $117.5 million, after the two airlines disagreed over management and strategy.
*Dubai World unit sells 50 pct of Fontainebleau- source. DUBAI, Dec 17- Istithmar World, a unit of Dubai World, has sold its 50 percent stake in Miami Beach's landmark Fontainebleau hotel back to south Florida developer Turnberry, a source close to the seller said on Tuesday.
*CCMP Capital, Fondo Strategico most likely buyers-sources. MILAN, Dec 13- An Italian state-backed fund and private equity firm CCMP Capital are the leading candidates to buy a stake in fashion house Versace, sources familiar with the matter said.
However, RSA Insurance slumped 17 percent as its Chief Executive Simon Lee resigned after the insurer warned of a fall in 2013 earnings and flagged a possible hit to the dividend from a capital hole at its Irish business. PSA Peugeot Citroen fell 9.8 percent after General Motors announced the sale of its entire 7 percent stake in the French carmaker.
Dec 12- General Motors Co has sold its remaining 8.5 percent stake in Ally Financial Inc, its former auto finance arm, for $900 million, the carmaker said on Thursday.
SANTIAGO, Dec 12- Chilean bank CorpBanca confirmed it had received merger offers but said it would only accept a bid that allows billionaire businessman Alvaro Saieh to retain some control in the bank. Saieh owns about a 55 percent controlling stake in CorpBanca, Chile's fifth-largest and oldest bank, which also has operations in Colombia.
SANTIAGO, Dec 12- Chilean bank and takeover target CorpBanca confirmed on Thursday it had received merger offers from "recognized" banking operators. CorpBanca did not disclose the names of the bidders, but said in a statement that no agreement had yet been reached.