Allianz plans to sell U.S. consumer business: paper

German insurer Allianz is planning to sell the personal insurance business of its U.S. subsidiary Fireman's Fund as the unit continues to miss its targets, a German newspaper reported.


Canada ratifies China deal, may help smooth relations

Canada has finally ratified a foreign investment protection agreement with China after a two-year delay in a step that may help ease tensions between the two countries and smooth the way for a possible visit to China by Prime Minister Stephen Harper.

HP exploring sale of photo sharing service Snapfish - source

Hewlett-Packard Co is exploring the sale of its web-based photo sharing service Snapfish, and has held discussions with multiple private equity and industry buyers, a person with knowledge of the situation said.

Denver Post publisher Digital First considering selling itself

Digital First Media, publisher of Denver Post and San Jose Mercury News, said it was considering selling itself as part of a review of its options.


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Tarsis is pleased to announce that the Company has closed the $450,000 financing as previously announced. The financing was comprised of 9 million units. Marc Blythe, President & CEO, commented that "We were very pleased with the support shown from our existing shareholders and a few new strategic shareholders.
Mexico's Grupo Salinas said on Wednesday its chairman will buy out its partner Grupo Televisa's (TLVACPO.MX) 50 percent stake in the country's No. 3 wireless operator Iusacell for $717 million and seek a strategic partner to build up the carrier.
Alibaba Group Holding Ltd (IPO-BABA.N) has received enough orders for its record-breaking initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process said on Wednesday.
Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.
German engineering group Siemens will delist its shares from the London and Swiss stock exchanges because of low trading volumes there, it said on Tuesday.
Shareholders of Portugal Telecom (PTC.LS) and Brazil's Oi (OIBR3.SA) on Monday approved the revised terms of a merger after a failed debt investment forced the Portuguese company to accept less favorable terms in the tie-up.
William Grant & Sons Ltd, the UK-based maker of Glenfiddich whisky and Hendrick's Gin, has acquired Drambuie for an undisclosed price, the company said on Monday.
State-backed Royal Bank of Scotland (RBS.L) plans to raise up to $4 billion from the share flotation of its U.S. bank Citizens Financial Group this month, putting it on track to be the biggest U.S. share offering by a bank this year.
Alternative asset manager Fifth Street Asset Management Inc filed with the U.S. regulators for an initial public offering of Class A common stock. Morgan Stanley, J.P. Morgan and Goldman Sachs were among the major underwriters for the IPO, the Greenwich
Global Cash Access Holdings Inc (GCA.N), which provides cash services to casinos, said it would buy slot machine maker Multimedia Games Holding Co Inc (MGAM.O) for about $1.2 billion to strengthen its gaming business.
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