Buyins and Buyouts
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*To issue 199.9 mln new shares at 340 rupees apiece. NEW DELHI, May 3- India's Bharti Airtel Ltd. Bharti, controlled by billionaire Sunil Mittal and also nearly a third owned by Southeast Asia's top phone carrier SingTel had $11.7 billion of net debt, or about 2.5 times its operating profit, as of end-March.
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NEW DELHI, May 3- Bharti Airtel Ltd, India's top telecommunications carrier, said on Friday it would sell a 5 percent stake in the company to Qatar Foundation Endowment for $1.26 billion to strengthen the capital structure of the company. Bharti will issue 199.9 million new shares to Qatar Foundation Endowment at 340 rupees apiece, the company said in a statement.
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*SolarWorld CEO says to publish potential stake size at EGM. DUESSELDORF, Germany, May 2- Debt-laden SolarWorld is close to securing financial backing from a Qatari investor, its chief executive said on Thursday, the second major move in a week in its efforts to get back on its feet.
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ROME, May 2- Italy's Lottomatica said it would invest in Greek betting company OPAP by taking a minority stake in the investment fund which bought the 33 percent Athens sold as part of an international bailout.
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DUESSELDORF, Germany, May 2- SolarWorld Chief Executive Frank Asbeck said the company was close to securing funds from a Qatar investor, a move aimed at turning around the ailing solar group. "We will publish the size of the potential stake at the extraordinary general meeting," Asbeck told Reuters on Thursday.
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GREECE KICKS OFF PRIVATISATIONS WITH $860 MLN OPAP SALE. Greece has secured the first of the privatisation deals required under its international bailout, with the sale of its 33 percent stake in betting firm OPAP. Greece's third-biggest lender, Alpha Bank.
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LONDON, May 2- Trap Oil Group PLC:.
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ATHENS, May 1- Greece agreed to sell a controlling 33 percent stake in its gambling monopoly OPAP. to Greek-Czech investment fund Emma Delta for 652 million euros, two senior Greek government officials told Reuters on Wednesday.
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*Says purchased a minority interest in Pixability, a youtube-certified. *Says progress partners represented pixability in the transaction. *Source text for Eikon* Further company coverage.
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*Emma Delta sole bidder for a 33 pct stake* Czech-Greek fund initially offered 622 mln euro* Had until May 1 to improve bid* Privatisation agency to meet 1100 GMT to decide on offer.
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*has completed the acquisition of a 50% equity and loan note interest in the Tameside General Hospital PFI Project from Balfour Beatty Infrastructure Investments Limited, a subsidiary of Balfour Beatty plc for.
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*Greece sells controlling stake in gambling firm OPAP. ATHENS, May 1- Greece has secured the first of the privatisation deals required under its international bailout, with the sale of its 33 percent stake in betting firm OPAP to a Greek-Czech investment fund.
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*Greece sells controlling stake in gambling firm OPAP. ATHENS, May 1- Greece has secured the first of the privatisation deals required under its international bailout, with the sale of its 33 percent stake in betting firm OPAP to a Greek-Czech investment fund.
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NEW YORK, April 30- Billionaire investor Carl Icahn increased his stake in speech recognition and digital imaging software maker Nuance Communications Inc from 9.27 percent to 10.72 percent, a filing with the Securities and Exchange Commission showed on Tuesday.
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April 30- The Washington Post Co:. *Reports 6.6 percent stake in Corinthian Colleges Inc as of April 26. *Had reported 8.1 percent stake in Corinthian Colleges in February 2008.
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MUMBAI, April 30- Private equity firm Baring Asia is in advanced talks with the Indian arm of French cement maker Lafarge SA to invest about $240 million for a minority stake, two sources with direct knowledge of the matter told Reuters on Tuesday. Baring Asia and Lafarge declined to comment.
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NEW YORK, April 30- Best Buy Co Inc:. *Shares up 3.9 percent after selling jv stake. ( (New York Treasury Desk; Tel: 223 6300)).
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MADRID, April 30- Spain's Telefonica is selling 40 percent of its Central American business to Guatemalan-based Corporacion Multi Inversiones for $500 million in a drive to cut debt while keeping control of assets with potential to grow. For the deal, Telefonica will spin off the assets from Guatemala, El Salvador, Nicaragua and Panama into a new group.
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U.S. retailer Best Buy is selling its 50 percent stake in a joint venture with Europe's biggest independent mobile phone retailer Carphone Warehouse Group back to its European partner for about 500 million pounds (or $775 million).
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*Unilever bets on India consumption growth. MUMBAI, April 30- Anglo-Dutch consumer goods giant Unilever Plc offered to pay as much as $5.4 billion to raise its stake in its Indian unit, banking on fast-growing spending power in Asia's third-largest economy.