Dec 5- Hedge fund Hayman Capital Management LP sold all its shares in J.C. Penney but still holds the ailing retailer's debt, fund manager Kyle Bass told Bloomberg TV on Thursday.» Read More
*GE Capital to retain minority stake in GE Money Bank. ZURICH, Oct 3- General Electric will float a majority stake in its Swiss consumer finance unit GE Money Bank in the fourth quarter as part of a retreat from the sector to focus more on industrial interests.
Sept 30- Activist hedge fund Clinton Group has upped its stake in Nutrisystem Inc to 5.2 percent, calling the weight loss product company's stock undervalued and asking for an increase in dividend, according to a filing on Monday.
However, a person familiar with the matter, who was not authorized to publicly discuss financial details of the deal, said Carlyle would invest $500 million in Beats Electronics, valuing it at over $1 billion. Beats Electronics also said it agreed to buy back the minority stake held by Taiwanese smartphone maker HTC Corp in the company.
Sept 27- Japanese consumer electronic company Panasonic Corp said it will sell an 80 percent stake in its healthcare business to U.S. investment firm KKR& Co. LP for about 150 billion yen, the Nikkei reported.
Sept 25- American Express Co said it is in talks with an investor group led by Certares to create a joint venture that would run the credit card company's business travel division. The investor group will invest between $700 million and $1 billion in the joint venture for a 50 percent stake, AmEx said in a statement.
STOCKHOLM, Sept 25- The Swedish state has sold its remaining 7 percent stake in Nordea, the region's biggest bank, giving the centre-right coalition government another 21.6 billion crowns to deploy in the national budget ahead of next year's election.
*Closing price values Nordea stake at 22.5 bln SEK. STOCKHOLM, Sept 24- Sweden is to sell its remaining 7 percent stake in Nordea, the Nordic region's biggest bank, its second sale of Nordea shares this year and giving the centre-right ruling coalition some fiscal room for manoeuvre ahead of next year's general election.
*Russia, Belarus seek to revive sales alliance. MOSCOW/ LONDON, Sept 24- China acquired a 12.5 percent stake in Russian potash producer Uralkali in a deal that could help Beijing secure stable supplies of the soil nutrient, put new pressure on prices and reduce the chances of a Russia- Belarus cartel being revived.
MILAN, Sept 20- Versace expects to finalise a shortlist for buyers interested in a minority stake in the Italian fashion house by mid-October and decide on a partner by the end of 2013, Chief Executive Gian Giacomo Ferraris said on Friday.
Sept 13- Occidental Petroleum Corp is looking to sell a minority stake in its Middle East operations, two sources familiar with the matter said on Friday, as part of a broader plan to split up the company.
In an exclusive interview, CNBC's Maria Bartiromo talks with Michael Dell, Dell chairman & CEO, about his long, drawn out buyout battle to take his company private and how he plans to turnaround the PC maker. (Note: During this interview, Mr. Dell misspoke when he said the company had generated $22 billion in cash flow in the last 5 quarters. He meant to say years, according to the company.)
*TDC seen as acquisition target in European consolidation. *TDC shares fall 3 pct. COPENHAGEN/ LONDON, Sept 13 (Reuters)- Private equity firm Kohlberg Kravis Roberts& Co (KKR) has sold its 11 percent stake in Danish telecoms firm TDC for $744 million, taking advantage of a recent surge in telecoms stocks to make a long-expected exit from the business.
CNBC's Jackie DeAngelis reports a majority of Dell's shareholders voted to approve Michael Dell's plans to take the tech giant private.
CNBC's David Faber reports preliminary results show Dell shareholders are in favor of a buyout by a margin of 65% to 35%.
TORONTO, Sept 10- The Canadian government said on Tuesday it had a deal to sell nearly a quarter of its common shares in General Motors Corp, part of a longer-term plan to shed the stake it acquired when it helped bail out the automaker.
Sept 9- SunEdison Inc filed with regulators to spin off its semiconductor business, SunEdison Semiconductor, through an initial public offering of up to $250 million. The solar company had said last month it would sell a minority stake in its newly formed semiconductor unit through a public offering scheduled for early 2014..
Balazs will be the chairman and hold a significant stake in Standard International, a newly formed management company that will control five boutique hotels located in Los Angeles, Miami and New York.
RIO DE JANEIRO, Sept 4- Brazilian tycoon Eike Batista trimmed his controlling stake in OGX Petróleo e Gás Participações SA to about 52 percent after five sales of stock in the last week, according to the oil company and Thomson Reuters data.
NEW YORK, Sept 3- Hedge fund Glenview Capital Management reported in a regulatory filing Tuesday that it had more than doubled its stake in retailer J.C. Penney Co Inc. to 9.1 percent.
In a $130 billion cash and stock deal, Verizon will buy out Vodafone's 45 percent stake in the wireless carrier. CNBC's Kayla Tausche reports many investors view the deal as a positive sign for the companies, but that "it's not a done deal."