Sale

IPO no longer Avaya's plan, explores sale - sources

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.

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American Pacific considers sale, in advanced talks with bidders- sources

American Pacific Corp had been considering to put itself on sale, according to three sources familiar with the matter.

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Sino-Ocean sells shares to raise funds

Sino Ocean Land Holdings sold off new shares to China Life Insurance Co and the Nan Fung Group.

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Anglo American Plc waits for right time to sell rights

The rights to the Minas-Rio project is the main asset to be sold off by Anglo American as it faces mounting pressure to provide finances for the project.

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Blackstone acquires more properties from Hersha

Hersha Hospitality agreed to sell 16 of its properties to a Blackstone Group affiliate.

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Illinois Tool Works formalizes sale of industrial packaging business

The sale of Illinois Tool Works' industrial packaging business would affect its overall revenues.

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Samsung's Cheil to sell fashion unit

Chiel Industries Inc., a unit of Samsung Group, announced to sell its fashion business and focus more on electronics materials.

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Two hospitals have been transferred to Reliant Hospital Partners LLC

Senior Housing Properties Trust sells off its two hospitals to Reliant Hospital Partners LLC.

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ThyssenKrupp CFO says sale of Americas units still a go

According to ThyssenKrupp CFP Guido Kerkhoff, there are still plans to sell off its Americas units, under certain conditions.

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Hungary files to sell bonds in the US

Hungary applied for permission to sell bonds in the US market.

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Westfield sells U.S. malls to Starwood

Westfield Group said it would sell its seven US shopping centers to Starwood Capital in a deal valued at USD1.6 billion.

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Bidders may split Blackberry - sources

According to sources who told Reuters, interest in buying BlackBerry Ltd was lukewarm that the company would have to break its business up to exit.

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Marriott nearing completion of property sale to sovereign wealth fund

The sale of three Edition-branded properties are nearing completion according to Marriott CEO Arne Sorenson.

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Best Buy CEO Joly sells shares to pay for divorce

About 350,000 shares were sold by Best Buy CEO Joly to pay for divorce but this does not dilute his shareholdings in the company.

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VPG's debt sale results in new management

The Vehicle Production Group is under new management as AM General purchased the DOE denominated debt.

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