In nixing the deal to allow the exit of Marathon Oil, a below market offer would be made shortly by the Libya owned NOC for the shareholdings.
- IBM's Acquisition of HashiCorp for $6.4 Billion Confirmed, Aimed at Strengthening Cloud Capabilities
- Apple's Vision Pro Production Slashed as Demand Falls Short: Report
- TikTok Voluntarily Suspends New App's Task and Reward Program After EU Regulators Express Concern Over Addictive Effects Among Young Users
The sale of GE Money Bank was a move from General Electric to retreat from the finance sector that would value the company up toCHF1.53 billion, said a report from Reuters.
CalCEF Clean Energy Angel Fund sold Allopartis Biotechnologies to Novozymes.
Land Securities Group said it would sell South Bank office properties worth GBP 315 million to M&G Real Estate.
Vestas Wind Systems sold six turbine factories to VTC Partners for EUR 1 to complete its asset disposal program.
TheNextWeb co-founder Boris Veldhuijzen van Zanten was confident in early-stage startups achieving entrepreneurial success in as short as a weekend or one day.
Sources told Reuters that Nestle had plans to exit from its unprofitable businesses like Jenny Craig.
Market sources had told Reuters that Bank Gospodarki Żywnościowej (BGZ) SA would be getting a potential bid from PZU Group-backed Alior, a Polish lender.
Sources told Reuters that Silver Lake and TPG Capital LP, owners of hardware and software giant Avaya Inc, were contemplating on a sale of the company after plans for a public listing fizzled out.
Three US investment companies reportedly placed bids for the Irish properties of Lloyds Bank.
An Italian government official said on Italian radio that Finmeccanica had agreed to exit from its controlling stake in Ansaldo Energia.
China Minmetals managing director Gu Liangmin said the company would be careful about their decision to buy the Las Bambas copper mine of Glencore-Xstrata.
Owners of drug firm Ikaria had started working with banks on the possibility of selling the company.
Industry sources told Reuters that several private firms and companies like Bloomberg News would face heavy competition in acquiring financial news provider Mergermarket.
The Wall Street Journal cited a source who said the Robinsons Retail Group of the Philippines had started testing investor demand in the company's planned USD800 million initial public offering.
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