The government of Queensland has exited its 74.3 million shares worth USD350 million in the formerly state-owned coal and bulk freight rail company Aurizon, reducing its stake in the firm to under 5%.
QEP Resources recently announced that it will split its QEP Field Services division to a separate entity as well as its holding in QEP Midstream Partners. QEP Resources had been under fire from activist hedge fund Jana Partners.
According to a Bloomberg report, Fifth & Pacific's designer handbag maker Kate Spade may become the next hot acquisition for buyout firms and retailers after the company sells Juicy Couture and Lucky Brand.
Private equity firm Thoma Bravo's quick flip of Digital Insight to NCR Corp just 124 days after it acquired the firm from Intuit was highly profitable for the company, a report from The New York Times The Dealbook said.
German industrial conglomerate ThyssenKrupp AG reportedly plans to put up for sale its 51.5 million new shares in a capital increase. The deal could bring in EUR907 million (USD1.23 billion) to the company.
Oil producer QEP Resources Inc said on Monday it would spin off its pipeline business, bowing to pressure from activist hedge fund Jana Partners LLC.
Dow Chemical revealed its plans today to divest its USD5 billion worth of assets, which was way more than the range chief executive Andrew Liveris initially declared in October.
Data gathered by the US Federal Reserve showed a decline of over USD80 billion in nanks' holdings in federal agency bonds and Treasuries, marking its first annual decline since 2007.
Klepierre exited from its four Norway shopping centers in a deal worth EUR 247 million or USD 336 million. The real estate investment trust is the second largest publicly-traded shopping mall operator in Europe.
South Korea is exiting from the country's second-biggest non-performing loan manager Woori F&I Co. Ltd. At least three bidders including MBK Partners, KB Financial Group and Daishin Securities will place their final bids for the bad-loan unit.
Italian banks UniCredit, Intesa Sanpaolo SpA, Banca Monte dei Paschi di Siena SpA and BNP Paribas's BNL have agreed to sell a combined 59.3% stake in payment firm SIA.
Italy-based Telecom Italia told regulators that it did not get any offers for its unit in Brazil and that it intends to keep the unit. The company issued the statement in response to a request from an Italian regulator regarding Telecom Italia's plans for its Brazilian business.
After posting its steepest quarterly profit decline in over two years, government-owned State Bank of India announced that it will raise INR95.76 billion via a share sale to investors or follow-on public offer.
The following bids, mergers, acquisitions and disposals were reported on Friday including Statoil, Cassa Depositi e Prestiti, ThyssenKrupp, Mercator, Avivasa Emeklilik, Hayat Sigorta, Banca Monte dei Paschi di Siena, Telus Corp, Atrium Innovations and John Hardy
In an article on Reuters, two unidentified sources were cited saying that ThyssenKrupp is set to divest its US steel plant and expects to obtain around USD1.5 billion from its asset sale.