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  • May 14- Telecommunications tower operator Crown Castle International Corp said it would sell its Australian unit for about A $2 billion in cash to a group of investors led by Macquarie Infrastructure and Real Assets. Crown Castle owns a 77.6 percent stake in the unit- Crown Castle Australia- which claims to be the largest independent tower operator in...

  • *Deal could grow by $500 mln to meet more Telefonica payments. HONG KONG, May 8- Hutchison Whampoa Ltd said it plans to sell a one-third stake in its British mobile phone business for $4.3 billion to five investors- a move that will help the Hong Kong ports-to-telecoms group fund its boldest bet in Europe yet. Hutchison, owned by billionaire Li Ka- shing, agreed in...

  • HONG KONG, May 8- Hutchison Whampoa Ltd has agreed to sell a one-third stake in its British mobile phone business for $4.3 billion to a group of investors including Singaporean and Abu Dhabi sovereign wealth funds. Singapore's GIC Pte, the Abu Dhabi Investment Authority, the Canada Pension Plan Investment Board and Brazilian investment bank Grupo BTG Pactual...

  • SAO PAULO, May 7- Votorantim Cimentos SA on Thursday became the first Brazilian company to tap international bond markets since November, after clinching the sale of 500 million euros in 10- year debt. Proceeds from the deal will be used to repurchase a $303 million euro bond due in 2017, Chief Financial Officer Lorival Luz said in a phone interview from London.

  • *NAB plans to list Clydesdale Bank by end of year. SYDNEY/ LONDON, May 7- National Australia Bank plans to raise $4.4 billion from investors after being told by Britain's financial regulator to provide $2.6 billion in capital support to its UK business before a planned demerger. NAB said on Thursday it will sell between 20 to 30 percent of its British business, which...

  • SYDNEY, May 7- National Australia Bank, the country's top lender by assets, on Thursday said it plans to raise A $5.5 billion in a rights issue as it looks to demerge and float its troubled British unit by the end of the year. NAB's UK business, which includes Yorkshire and Clydesdale bank branches, has been a persistent thorn in its side, with charges for bad and...

  • By Silvia Antonioli and Morag MacKinnon. LONDON/ PERTH, May 6- BHP shareholders overwhelmingly approved the spin-off of new mining and metals group South32, clearing the way for a listing this month that will test investor sentiment towards the battered mining sector. More than 98 percent of votes cast at meetings in Perth and London on Wednesday were in favour...

  • LONDON, May 6- BHP Billiton shareholders approved the spin-off of the global miner's smaller assets into South32 on Wednesday, paving the way towards a listing on May 18.

  • Nokia could decide to keep navigation unit - chairman Tuesday, 5 May 2015 | 10:39 AM ET

    The Finnish company last month confirmed it was considering a possible divestment of the business after announcing an all-share take-over of network gear rival Alcatel-Lucent. "This is the right time for the review, not only because of the Alcatel-Lucent deal but also because navigation markets have changed in the last years," he said in a speech at the...

  • April 30- Dow Chemical Co said it would sell its AgroFresh unit, which makes chemicals that keep farm produce fresh, for $860 million as part of a plan to divest less-lucrative units. The company said it was selling the business to Boulevard Acquisition Corp, a blank-check company formed by investment firm Avenue Capital Group. AgroFresh's specialty chemical...

  • April 22- Generic drugmaker Teva Pharmaceutical Industries Ltd said it could "promptly" divest some operations to obtain regulatory clearance for its proposed $40 billion takeover of smaller rival Mylan NV. Mylan, which has said a merger with Teva would be bad fit, plans to make a new offer for Perrigo Co Plc in the near term, CNBC reported on Wednesday.

  • April 22- Teva Pharmaceutical Industries Ltd said on Wednesday it could "promptly" divest some operations if necessary to obtain regulatory clearance for its proposed takeover of smaller rival Mylan NV. Meanwhile, Canonsburg, Pennsylvania- based Mylan is pursuing its own $29 billion unsolicited bid for Perrigo Co Plc, which the maker of over-the-counter...

  • April 16- Canadian auto-parts maker Magna International Inc said on Thursday it will sell most of its vehicle-interiors operations to Spain's Grupo Antolin for about $525 million. The deal covers 36 manufacturing plants and about 12,000 employees in Europe, North America and Asia, the company said. "Overall, we regard the deal as positive as it takes out of a...

  • UPDATE 1-Citi seeking to sell retail FX arm -source Tuesday, 14 Apr 2015 | 8:32 AM ET

    LONDON, April 14- Citigroup Inc is seeking a buyer for its retail forex brokerage CitiFX Pro as part of efforts to streamline the banking world's biggest currency trading operation, a source familiar with the situation told Reuters on Tuesday. Citi has cut staffing and computerised many elements of its currency business in recent years. New York- based Citi has...

  • LONDON, April 14- Nestle is in advanced talks to sell its frozen food unit Davigel to Brakes Group, owned by buyout fund Bain Capital, a person familiar with the situation said on Tuesday. Credit Suisse is handling the sale for Nestle, which is expected to raise between 200 million and 300 million euros, said a second source. Nestle declined to comment, while Brakes...

  • LONDON, April 14- Nestle is in advanced talks to sell its frozen food unit Davigel to Brakes Group, owned by buyout fund Bain Capital, a person familiar with the situation said on Tuesday. The talks, reported earlier by French daily Les Echos, are ongoing and a deal is expected to be signed soon, said the person, who asked not to be named because the discussions are...

  • SYDNEY, April 10- Australia's largest private land owner will sell its cattle operations, including the world's largest ranch and an area equivalent in size to South Korea, to raise cash for other businesses and investments. S. Kidman& Co said it will sell its privately owned 11 cattle stations and a feedlot, complete with more than 200,000 head of cattle and more...

  • April 9- Investment bank Jefferies Group LLC, owned by Leucadia National Corp, said it will sell most of its Bache unit's futures business to Societe Generale. Societe Generale said in a statement on Thursday that the transaction covered mostly futures execution and clearing activities. Societe Generale's shares were slightly up at 46.54 euros in Paris.

  • April 9- Investment bank Jefferies Group LLC, owned by Leucadia National Corp, said it will sell most of Bache unit's futures business to Societe Generale. Jefferies also said it bought Faros Trading LLC, the institutional foreign exchange brokerage unit of retail currency broker FXCM Inc.. Societe Generale's shares were slightly up at 46.54 euros in Paris.

  • April 2- United Technologies Corp said it brought back Robert Leduc to be president of its Sikorsky helicopter unit, which the company is planning to spin off. Leduc had retired from United Tech, which makes parts for Boeing Co and Airbus, in 2014 after a 35- year stint at the company. The appointment, effective immediately, comes less than a month after United Tech...