French insurer AXA is now finalizing the sale of the majority state in its private equity arm to a group of investors in a deal worth about 500 million euros.
Industry
Italy's Government Impasse to cause deep Economic Scars
The current lack of a majority in the Italian government is seen as a precursor to further economic issues in the long run.
Cyprus Now Reeling at the Ropes for a Financial Bailout Plan
Cyprus is working round the clock in drafting and discussing an amenable financial plan to avert bankruptcy.
CBS Corp. to Buy One Equity Partners' stake in TV Guide Network
CBS is expected to offer $100 million for One Equity Partners' stake in TV Guide Network, sources cited.
MetroPCS Shareholder Raises Questions Over Merger with T-Mobile
P. Schoenfeld Asset Management or PSAM is now raising questions on the proposed merger of MetroPCS Communications Inc. and T-Mobile as it vetoes the deal.
Latest News
Telecom group Vimpelcom is tapping UBS to supervise the sale of its Canadian unit Wind Mobile, which is being valued between $500 million and $1 billion.
Pantaloon has agreed to shed off its 22.5% in a life insurance venture it has with Italian Assicurazioni Generali.
Private equity companies are calling to the Japanese government for the limited role of the country's two largest government funds which have been successful in taking over companies.
Klaus-Michael Kuehne,Hapag-Lloyd's co-owwner,told that the company and its merger partner Hamburg-Sued will be having equal rights for the combined company.
The Canadian Radio-television and Telecommunications Commission (CRTC)is set to open public hearings on May 6 on BCE Inc.'s C$3 billion proposal to buy Astral Media.
The bids for the buyout sale of energy metering company Ista, worth around 3 billion euros, are set for the week of March 18
The Chinese Internet portal company is rejecting claims that it is in talks with investment banks over plans to make private.
Ferro made it clear that it wanted to sell more of its assets as it continues to see drop in its operating profit.
Shareholders of Roche have agreed on a company pay plan after Swiss citizens voted on the imposition of a ban on big pays for managers in the country.
