DETROIT, Dec 4- General Motors Co is selling its remaining stake in its former lending arm, Ally Financial Inc, the Wall Street Journal reported on Wednesday. Once a part of GM, Ally was formerly known as GMAC. GM has been rebuilding its finance operations since selling a controlling stake in GMAC to private equity firm Cerberus Capital Management in 2006..» Read More
Aug 22- SunEdison Inc said it would spin off its semiconductor business in an initial public offering and use the proceeds to fund its solar business. SunEdison said it plans to sell a minority stake in the newly formed SunEdison Semiconductor to the public in the offering, scheduled for early 2014..
Aug 16- Blackstone Group LP is in talks to buy a minority stake in Goldman Sachs Group Inc's UK pensions insurance operation, Rothesay Life, the Financial Times reported on Friday. Reuters reported earlier this month that Goldman Sachs plans to sell a majority stake in its European insurance business over the next year.
The court has denied Carl Icahn's push to fast track the lawsuit against the Dell buyout, with CNBC's Jackie DeAngelis.
Jonathan Geller, BGR.com editor-in-chief, discusses what's troubling the smartphone maker and why the company is likely shopping around for a potential buyout. Geller also provides his thoughts on what Apple's new iPhone might include when it debuts next month.
Aug 13- Home appliance maker Whirlpool Corp said it will acquire a controlling stake in Hefei Rongshida Sanyo Electric Co Ltd for $552 million to expand in China's fast-growing market for washing machines and fridges.
Dan Primack, Fortune Magazine, has the update on private equity deals and the surge in public offerings, including rumors BlackBerry wants to go private and Amazon's Bezos buying the Washington Post newspaper.
James Woolery, Cadwalader, Wickersham & Taft, and David Blitzer, S&P 500 Index committee chairman, have the latest corporate buzz on pending M&A action and the outlook on the market.
*Other foreign retailers have pulled out of China. HONG KONG/ LONDON, Aug 9- After nine years in China, British supermarket firm Tesco is to fold its unprofitable operation into a state-run company as a minority partner, becoming the latest foreign retailer to give up on trying to crack China on its own.
HONG KONG/ MUMBAI, Aug 5- Aviva PLC is planning to pull out of its Indian insurance joint venture, valued at more than $500 million, as the British insurer retreats from less-profitable markets where it has struggled to grow its business, sources said.
CNBC's Jackie DeAngelis reports the latest details on the agreement reached between Dell's special committee and Michael Dell & Silver Lake Partners.
Aug 2- Shares of Australian uranium miner Paladin Energy Ltd fell as much as 29 percent in Toronto on Friday after the company canceled plans for now to sell a minority interest in an African mine, and instead raised funds through a private placement of shares.
Dell's special committee has reached a deal with Michael Dell and Silver Lake Partners, reports David Faber, with details of the new deal.
The Dell deal calls for $13.75 per share, and a special dividend of $0.13 per share, plus a guaranteed dividend of $0.08 in the third quarter, reports CNBC's David Faber.
Brian White, Topeka Capital Markets analyst, discusses why he prefers Carl Icahn's deal for the PC maker over Michael Dell's bid to take the company private.
Carl Icahn has filed a suit against Dell and its board of directors to prevent the company from setting a new record date for the special meeting, reports CNBC's Scott Cohn.
MEXICO CITY, Aug 1- Mexico's top broadcaster Televisa on Thursday said it paid 7 billion pesos in seeking to acquire a controlling stake in Mexican cable company Cablecom. As part of the deal, Televisa said it had also invested 2.5 billion pesos in Ares debt.
MEXICO CITY, Aug 1- Mexico's top broadcaster Televisa on Thursday said it paid 7 billion pesos to acquire a controlling stake in Mexican cable company Cablecom.
CNBC's David Faber reports the latest details on Michael Dell and Silver Lake's attempts to take the PC maker private, and provides an update on Community Health's attempts to acquire Health Management Associates for $3.9 billion.
ISTANBUL, July 29- Turkey's Cukurova Group has been given an extension to pay the $1.56 billion needed to recover a controlling stake in Turkey's biggest mobile phone operator Turkcell, a British court said on Monday.
*Vivendi to retain 12 pct stake in Activision. PARIS/ BANGALORE, July 26- France's Vivendi said on Friday that it planned to sell 85 percent of its stake in Activision Blizzard Inc to the video games maker and its management for $8.2 billion, its second blockbuster deal in the past week.