Vice is finalizing a 10 percent stake sale to A&E in a deal valuing the digital media company at $2.5 billion, FT reports.» Read More
*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.
April 16- At-home soda maker Sodastream International is in early talks to sell a stake of up to 16 percent to a strategic entity, Israeli financial news daily Calcalist reported on its website.
Waterloo, Ontario- based BlackBerry, a pioneer in the smartphone industry, has fallen on hard times as its market share has waned in recent years.
TORONTO, April 11- The Ontario government said on Friday it is examining options to generate funds, including the possible sale of certain real estate assets and government-owned entities.
TORONTO/ VANCOUVER, April 2- Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake in its mining and exploration assets for C $930 million, a deal that potentially thwarts a hostile bid from Goldcorp Inc..
*Prada to invest in menswear, shops, factories. HONG KONG/ MILAN, April 2- Italian luxury fashion group Prada is pinning its hopes on men's growing taste for finely-cut suits and leather bags to drive a pick up in sales growth in the coming years. "Men will be protagonists in our development," Prada retail director Guilio Bruni said.
TORONTO, April 2- Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake in its mining and exploration assets for C $930 million, a deal that potentially thwarts a hostile bid from rival Goldcorp Inc..
April 2- Apple Inc is in talks to buy Japan- based Renesas Electronics Corp's stake in a unit that designs liquid crystal display chips for iPhones for about 50 billion yen, the Nikkei reported, without identifying a source. Apple expects to complete the stake purchase by summer, the business daily reported on Tuesday.
March 31- Shares in Biofuel Energy Corp more than doubled after hedge fund manager David Einhorn and his affiliates unveiled a plan to take a controlling stake in the ethanol producer. Einhorn already holds more than 35 percent of Biofuel Energy, mostly through his investment fund, Greenlight Capital Inc, according to a regulatory filing on Friday.
LONDON/ MILAN, March 27- Eni is close to mandating a bank to sell a stake of up to 15 percent in its giant gas field in Mozambique which could raise as much as $5 billion for the Italian oil and gas major, banking sources said. Eni sold 20 percent of its Mozambique offshore gas acreage to Chinese oil company CNPC last year in a deal worth around $4.2 billion.
*Ally expects IPO to be priced at $25- $28/ share. March 27- Bailed-out auto lender Ally Financial Inc said the U.S. government would sell the bulk of its stake in the company in an initial public offering that could raise up to $2.66 billion.
SAO PAULO, March 13- France's Carrefour SA could raise as much as 5 billion reais from the sale of a stake in its Brazilian unit, one source with direct knowledge of the situation said, with potential bidders including Brazilian tycoon Abilio Diniz and a sovereign wealth fund.
*Genesis offer to open March 29 after bookbuild. WELLINGTON, March 13- New Zealand is seeking to raise as much as NZ $800 million through the sale of a minority stake in power company Genesis Energy Ltd, setting a low price range and offering other sweeteners to draw investors to the last of its state asset sales.