Sale

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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Sources: Morgan Stanley to oversee Ellie Mae sale

According to sources that told Reuters, mortgage software company Ellie Mae had hired Morgan Stanley to try to sell the company.

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OTP Bank prepares offer for state owned shares in Takarekbank

OTP Bank had prepared to purchase the shares owned by the Hungarian Post Office and the Hungarian development bank.

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Morgan Stanley holds new BlackBerry purchases

Hedging against possible long term structural changes with Blackberry, Morgan Stanley has put on hold the purchase of new devices from the Canadian company amidst the turmoil the smartphone company is now facing.

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AIG to divest ILFC ownership by sale or IPO

AIG has sought to divest its ownership of ILFC through a sale or if there is none agreed on, through an IPO.

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Hesse economy minister says sale of Commerzbank an option

Florian Rentsch, Hesse economy minister, is the first politician to confirm that the sale of Commerzbank is an option considered by the German government.

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EA sells game titles for charity

Game titles from EA are bundled together to raise money for the company's favorite charities.

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Leonard Green explores sale of Brickman

Leonard Green is exploring sale of Brickman, which is valued at about USD1.5 billion.

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Renewable Resources Group Inc buys Sun World International LLC

Renewable Resources Group Inc agrees to purchase Black Diamond Capital Management's Sun World International LLC.

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The beauty industry would continue to grow

With the purchase of Colomer by Revlon, the growth of the beauty products industry would continue to grow.

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Starwood Capital Group clinches Liberty Center for USD 135 million

Starwood Capital Group clinched the sale of Liberty Center for USD 135 million from Forest City Enterprises and Jos Muscarelle.

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TexStar, Evercore look at possible business sale

Natural gas processing firms, TexStar Midstream and Evercore Partners are looking into the possible sale of businesses to further expand in Southern Texas.

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Insurer Generali CEO wants to sell BSI but at the right price

Insurer Generali CEO Mario Greco said the company still wants to sell BSI but only if the price is right.

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Standard Bank in negotiations to sell London venture to ICBC

The South African lender is in negotiations to sell its London unit to Industrial and Commercial Bank of China, its biggest shareholder.

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Rockwood sells profitable additives segment to ALTANA Group

Rockwood Holdings Inc. sells its Clay-Based Additives to ALTANA for US $635 million.

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