Brent Saunders, Actavis CEO, discusses how Actavis is leading the way in growth pharma and talks about its M&A strategy.» Read More
NEW YORK/ PARIS, Sept 25- French oil company Total SA has launched a process to sell its 17 percent stake in the Gulf of Mexico' s Tahiti oil field, which could fetch between $1.5 billion and $2 billion in a deal, according to people familiar with the matter.
TOTAL SA LOOKS TO SELL 17 PERCENT STAKE IN THE GULF OF MEXICO'S TAHITI OIL FIELD- SOURCES.
PARIS, Sept 23- French oil major Total has agreed to sell its 25 percent stake in Cardinal Gas Services, a gas transport company operating in Ohio's Utica shale gas basin, to a group of Korean companies for up to $450 million.
Sept 16- Vimpelcom Ltd and Global Telecom Holding SAE said they have agreed to sell their stake in Canadian wireless carrier Wind Mobile to Globalive Capital and a group of investment funds for about C $135 million.
*Leading investors include Harvest Fund Mgt, China Life Insurance, Tencent. HONG KONG/ BEIJING, Sept 14- Sinopec Corp will sell a 107.1 billion yuan stake in its retail unit to a group of 25 Chinese and foreign investors, Asia's top oil refiner said in a statement on Sunday.
Jimmy John's, founded in 1983 by 19- year old Jimmy John Liautaud in a converted garage, is in the early stage of preparing a sale process, the people said. Representatives of Jimmy John's, North Point Advisors and Weston Presidio did not immediately respond to requests for comment.
TOKYO, Sept 12- Japanese trading house Mitsubishi Corp is buying a 20 percent stake in an offshore oilfield in Ivory Coast from U.S. firm Anadarko Petroleum, in what will be the first Japanese oilfield stake purchase in the African country.
CNBC's David Faber reports Family Dollar has rejected Dollar General's revised buyout bid over antitrust issues.
MOSCOW, Sept 5- Russian tycoon Gennady Timchenko has cut his stake in petrochemical company Sibur, the firm said in a statement on Friday. Timchenko, who is on the U.S. sanctions list, sold his 17 percent stake to a company controlled by Kirill Shamalov, deputy CEO at Sibur.
NEW YORK, Sept 3- Billionaire investor Carl Icahn has sold his entire stake in Family Dollar Stores Inc, making a profit of about $200 million on the investment, according to sources familiar with the matter on Wednesday. Dollar Tree Inc agreed in July to buy Family Dollar for $8.5 billion.
French rivals LVMH and Hermès are celebrating a truce and putting an end to takeover speculation. Hermès shareholders may not be so thrilled.
Aug 29- Canada's Athabasca Oil Corp said it had closed the sale of its 40 percent interest in the Dover oil sands project to a unit of PetroChina Co Ltd for $1.18 billion. Athabasca said it received $600 million in cash and $584 million in three interest-bearing promissory notes from the unit, Phoenix Energy Holdings Ltd..
Aug 29- Grupo Oi SA, Brazil's fourth-biggest wireless carrier, is in talks to sell its 25 percent stake in Angola's largest mobile-phone company Unitel SA for more than $2 billion to other shareholders, Bloomberg reported, citing people familiar with the matter.
HONG KONG, Aug 19- Canadian retailer Alimentation Couche-Tard Inc and China's Tencent Holdings Ltd are among suitors short-listed to buy a $16 billion minority stake in China's Sinopec Sales, the world's largest fuel retail network, people familiar with the matter told Reuters.
NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc reported a $366 million stake in cable TV operator Charter Communications Inc in the second quarter, according to a regulatory filing made public on Thursday.
PARIS, Aug 12- Belgian power grid operator Elia, State Grid Corporation of China, Italian grid operator Terna and Canadian pension fund PSP Investments have been shortlisted to bid for a 66 percent stake in Greek grid operator ADMIE, a source familiar with the bidding process told Reuters.
LONDON, Aug 11- U.S. oil producer Hess Corp has suspended oil-drilling operations in Iraqi Kurdistan and started to evacuate non-essential staff amid spreading violence in the region, its minority partner Petroceltic said.
NEW YORK, Aug 7- Lululemon Athletica Inc founder Chip Wilson will sell half of his 27 percent stake in the yoga apparel maker to private equity firm Advent International for $845 million, as part of a deal in which Wilson agreed not to wage a proxy contest.
Shares of Coca-Cola are spiking. CNBC's Becky Quick provides insight to Warren Buffett denying money manager David Winters' reported comments speculating that Coca-Cola could be taken private.
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.