Exits

BHP Billiton sign

BHP unveils spin-off but disappoints with no buyback

The world's biggest mining company, BHP Billiton BHP.AX BLT.L, announced plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to focus on its most profitable activities.

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Telefonica

Spain's Telefonica in talks to exit Telecom Italia: report

Spain's Telefonica SA is in talks to sell its stake in Telecom Italia in a move that could ease regulatory pressure in Brazil's wireless market, Brazilian newspaper Folha de S.Paulo reported on Friday.

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Yahoo Logo in Rolle, Switzerland

Fidelity Contrafund cuts Yahoo stake by 41 percent this year

Fidelity Investments Contrafund, the largest mutual fund investor in Yahoo Inc, cut its stake in the Internet media company by 41 percent during the first four months of 2014, according to the fund's latest disclosure.

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Siemens

Siemens in talks to sell stake in household goods venture to Bosch - sources

German engineering group Siemens is in final stage talks to sell its 50 percent stake in a household goods joint venture to partner Robert Bosch, two sources familiar with the matter said on Wednesday.

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Mitra Adiperkasa

Indonesian retailer Mitra Adiperkasa to sell stakes in pizza, burger chain

Indonesian retailer Mitra Adiperkasa said it will sell majority stakes in its Domino's Pizza and Burger King chains to keep its capital to develop its other franchises.

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StealthGas Inc

Greek petroleum firm StealthGas raises $47M in share sale

Kifisia, Greece-based petroleum and petrochemical gas products transporter StealthGas Inc raised $47 million through the sale of 4.47 million common shares at $10.50 apiece for its vessels purchases and other corporate purposes.

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Vimpelcom

Russia's Vimpelcom agreed to sell holdings in Orascom Telecom Algeria

Russian telecoms giant Vimpelcom has agreed to let go of its much disputed holdings in Orascom Telecom Algeria to the Algerian government after buying the telecoms firm from Naguib Sawiris in 2010 for $6 billion.

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petrobas

Brazil's Petrobas to sell its assets in Nigeria

Petrobas, the top oil producer of Brazil, has been looking for potential buyers to acquire its assets in Nigeria valued $5 billion as the company plans for divestment of international assets.

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Bathurst Resources Ltd

Bathurst secures A$7.39M in discounted placement ot fund coal project in New Zealand

Wellington, New Zealand-based mining firm Bathurst Resources Ltd secured A$7.39 million in a discounted placement of its shares at A$0.06 (NZD0.065) apiece to gain funds for its open-cut coal project on the Denniston Plateau.

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Glencore Xstrata

Glencore Xstrata sells Peru copper mine to consortium led by China MinMetals

Glencore Xstrata sold its Peru copper mine to consortium led by China MinMetals in an all cash deal valued USD5.8 billion, reported Ventures Africa.

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Indian commercial bank Ratnakar pockets $54.6M in minority stake sale

Kohlapur, India-based commercial bank Ratnakar Bank Ltd pocketed $54.6 million (INR3.28 billion) from foreign investors CDC Group and Asia Capital and Advisors through the sale of an undisclosed minority stake to fund its rural expansion.

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NASDAQ

Tech selloff affects silicon valley's wealthiest men

According to Bloomberg's Billionaire Index, the selloff of technology shares caused the wealthiest men in Silicon Valley to lose USD11.5 billion.

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Risanamento

Italian real estate firm Risanamento inks deal to sell nine of its French properties

Risanamento has announced on Wednesday that the company would sell eight of its properties in France to Chelsfield and The Olayan Group while company shareholder Luigi Zunino was offered one property, reported Reuters.

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State Bank of India

State Bank of India to raise international investments valued USD750 million

State Bank of India has announced raising USD750 million to USD1 billion worth of overseas investments through bond sales, reported ET.

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E.ON SE

Germany's E.ON hires Citi to advise on asset sale

Germany's E.ON hired Citi to advise a sale of its assets in Spain, said sources familiar with the matter who told Reuters.

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