SAO PAULO (Reuters) – China’s Fosun International Ltd (0656.HK) has decided to cut stakes or even divest completely from two financial firms it controls in…
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Casino close to selling discount chain Leader Price to rival Aldi: source
SAO PAULO/PARIS (Reuters) – French retailer Casino Guichard Perrachon SA (CASP.PA) is in advanced talks to sell its Leader Price discount chain to German low-cost…
View More Casino close to selling discount chain Leader Price to rival Aldi: source
3i Infrastructure to sell stake in Wireless Infrastructure Group
(Reuters) – 3i Infrastructure (3IN.L) is selling its 93% stake in Wireless Infrastructure Group (WIG) to Brookfield Infrastructure, two weeks after divesting its British projects…
View More 3i Infrastructure to sell stake in Wireless Infrastructure Group
3i Infrastructure to sell stake in Wireless Infrastructure Group
(Reuters) – 3i Infrastructure (3IN.L) is selling its 93% stake in Wireless Infrastructure Group (WIG) to Brookfield Infrastructure, two weeks after divesting its British projects…
View More 3i Infrastructure to sell stake in Wireless Infrastructure Group U.S. businessman buys New York-based Russian-language broadcaster RTVI
MOSCOW (Reuters) – U.S. businessman Mikayel Israyelyan has bought a majority stake in New York-based Russian-language television network RTVI from its Russian owner and plans…
View More U.S. businessman buys New York-based Russian-language broadcaster RTVI
Gategroup to buy European ops of Lufthansa's LSG unit: sources
FRANKFURT (Reuters) – Switzerland’s Gategroup is nearing a deal to buy the European operations of Lufthansa’s (LHAG.DE) LSG catering unit, which the carrier has offered…
View More Gategroup to buy European ops of Lufthansa's LSG unit: sources
Oil trader Vitol pulls out of $1.5 billion deal to buy Nigerian oil fields
LAGOS/LONDON (Reuters) – Oil trader Vitol [VITOLV.UL] has quit a consortium that was set to buy a stake in two Nigerian oil fields from Brazil’s…
View More Oil trader Vitol pulls out of $1.5 billion deal to buy Nigerian oil fields
WeWork to put up three businesses for sale: The Information
(Reuters) – WeWork owner The We Company will try to sell three companies it had acquired in the last few years, The Information reported on…
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Elanco to become No.2 in animal health with $7.6 billion Bayer deal
(Reuters) – Elanco Animal Health (ELAN.N) agreed to buy Bayer’s (BAYGn.DE) veterinary drugs unit on Tuesday in a cash and stock deal valued at $7.6…
View More Elanco to become No.2 in animal health with $7.6 billion Bayer deal
Anbang's Japan properties up for sale, Blackstone seen bidding: sources
TOKYO (Reuters) – China’s troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group…
View More Anbang's Japan properties up for sale, Blackstone seen bidding: sources
KKR agrees to buy Campbell's international business
SYDNEY (Reuters) – KKR & Co (KKR.N) said on Wednesday it had agreed to purchase the international business of food company Campbell Soup Co (CPB.N),…
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Brazil development bank BNDES eyes sale of $27 billion in listed assets
BRASILIA (Reuters) – Brazilian development bank BNDES is looking to expedite the sale of nearly 100 billion reais ($26.6 billion) in listed assets, its new…
View More Brazil development bank BNDES eyes sale of $27 billion in listed assets
Australia's AMP says $2 billion insurance sale likely off after New Zealand action
SYDNEY/WELLINGTON (Reuters) – Australian wealth manager AMP Ltd (AMP.AX) said it would likely pull the A$3.3 billion ($2.3 billion) sale of its life insurance unit…
View More Australia's AMP says $2 billion insurance sale likely off after New Zealand action
Australia's Scentre sells Sydney office towers for $1.1 billion
(Reuters) – Australian shopping mall owner Scentre Group Ltd on Thursday said it has disposed of its Sydney CBD office towers for A$1.52 billion ($1.06…
View More Australia's Scentre sells Sydney office towers for $1.1 billion