The investment fund Endless is mulling a sale of specialist bathroom retailer Bathstore which it acquired from plumbing group Wolseley in 2012, Sky News reported.
- Barclays Under Fire for Financing an Oil Company $4.4 Billion to Release 7.5 Million Tonnes of Carbon Emission
- Donald Trump's Allies Plan to Erode Fed's Independence by Giving Ex-POTUS Influence Over it if He Wins Election
- Maryland Athletic Director Uses AI-Generated Recording to Frame up Principal as Revenge Over Fraud Investigation Against Him
As Nintendo's sales of Wii U flopped, Japanese video game machines maker Nintendo Co is under pressure to think about abandoning its hardware operations, Bloomberg reported.
India-based Aurobindo Pharma Ltd will be purchasing the generic drug operations of Dublin-based Actavis in seven countries in Western Europe in a deal worth around €30 million, Bloomberg reported.
Mexico-based supermarket operator Controladora Comercial Mexicana SAB said it has conducted talks with possible acquirers, both foreign and local, for the sale of its business, Bloomberg reported.
Alcatel-Lucent is in talks with interested buyers, including Unify GmbH & Co. KG, for the sale of its enterprise business, according to sources interviewed by Bloomberg.
A report from the Australian Financial Review said Telstra Corp, the largest phone company in Australia, is already in the advanced stages of talks with a private equity firm to sell Sensis in a deal worth $2.7 billion, Reuters reported.
India-based Lanco Infratech Ltd is considering a sale of its Australian unit, Griffin Coal Mining Co, so it could help pay debt, according to sources interviewed by Bloomberg.
Citizens Financial Group, a unit of the Royal Bank of Scotland, said it had agreed to exit its Chicago area retail branches and small business operations to US Bancorp.
Bourbon, a Paris-based operator of supply and crew ships for the oil industry, sold a dozen vessels to China's ICBC Financial Leasing as part of its plan to make a dent on its debt, Bloomberg reported.
Arseus, a Belgium-based healthcare group, said it has sold its Dentals software Julie, Arseus Dental Lab, Arseus Dental Solutions Benelux and Arseus Dental Solutions France Ouest to Henry Schein Inc for €50 million.
Canadian Pacific Railway Ltd said it will be exiting a part of its Dakota, Minnesota & Eastern line to Genesee & Wyoming Inc for a price tag of $210 million.
Investor demand for shares of auto lender Ally Financial has grown as evidenced by the increasingly high prices paid for them in recent private transactions, sources told Reuters.
A filing with the US Securities and Exchange Commission revealed that Aptalis Holdings Inc has plans to conduct a share sale on the Nasdaq Stock Market and raise up to $500 million in the process.
The Slovenian beer market may turn sour as the government plans a state fire sale of its assets in a bid to steady its finances and avoid a bailout, Reuters reported.
CSI Holdco, a subsidiary of Canadian Solar Inc, has exited two solar power plants called the PSEG Shasta Solar Farm to PSEG Solar Source, subsidiary of Public Service Enterprise Group.
Subscribe to VCpost newsletter
Most Popular
- Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
- SSI Payment for May 2024: Supplemental Security Income Recipients to See Double Amount in Payout
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- JPMorgan CEO Warns of Economic Risks Amid Biden's 'Huge' Deficit Spending, Questions Likelihood of 'Soft Landing'
- Google's Parent Company Alphabet Approves First-Ever Dividend as Shares Skyrocket
- MSC Darwin Ship Targeted by Yemen's Houthis in Gulf of Aden