asset sale

Woodside stake to be divested in pieces - bankers

Bankers expressed their doubts that Royal Dutch Shell's 23.1% stake in Woodside Petroleum could be snatched up by bigger oil companies as the latter are also eyeing to sell assets as well.

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Court approves asset sale of Hospitality Staffing Solutions to HS Solutions Corporation

Hospitality Staffing Solutions said it had obtained approval from the court to sell its assets to HS Solutions Corporation. Financial details about the deal were not disclosed.

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Sources say CVC plans to divest Swiss telecom Sunrise

Private equity fund CVC is said to be divesting Sunrise, a mobile operator in Switzerland and has already engaged banks to discuss about their roles for a potential listing or sale.

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ThyssenKrupp rejects speculation of sale of its Steel Europe business

A company spokesman of multinational conglomerate corporation ThyssenKrupp said it will be keeping its Steel Europe business, rejecting speculation on divesting the asset in the efforts to restructure the German company.

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Bankrupt Detroit's art assets value up to USD866 million - Christie's

Auction house Christie's said the value of the 2,781 works collection fully and partially-owned by the Detroit Institute of Arts (DIA) was around the USD452 million to USD866 million range.

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ThyssenKrupp to divest its steel plant in the US for up to USD1.5 billion - sources

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.

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CVS Caremark to acquire Coram infusion for USD2.1 billion from Apria Healthcare Group

CVS Caremark announced on Wednesday that it will be consolidating the Coram infusion business once the acquisition deal with Apria Healthcare Group will be finalized.

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Blackstone to exit from La Quinta via IPO

Blackstone Group LP's decision to sell its La Quinta Inns & Suites hotel chain was reportedly done in order to obtain higher returns as oppose to conducting a private sale, sources said to Bloomberg.

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Diageo to exit from majority of Whyte & Mackay assets

In order to comply with competition issues surrounding its July acquisition of Whyte & Mackay owner United Spirits Limited, Diageo PLC offered to sell majority of the latter's distilleries.

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Sources say Dubai International weighs in on Mauser exit

Although Dubai seemed to have recovered from the 2009 debt crisis it experienced in 2009, it needs to sell some of its assets, including Mauser, to repay some USD50 million in debt, according to sources who told Reuters.

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Apache Corp discusses possible asset sale to YPF- sources

Two sources told Reuters that Apache Corp and state-controlled Argentine energy company YPF had been in discussions for the possible sale of Apache's stakes in Argentina.

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Deutsche Telekom reportedly nearing sale of Scout24

Three unnamed sources told Bloomberg that Deutsche Telekom AG was approaching to close the sale of its digital-classifieds business Scout24 Holding to Hellman & Friedman LLC for EUR2 billion or USD2.7 billion, including debt.

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Softbank founder acquires Tiffany property in Tokyo for USD326 million - sources

Telecoms group SoftBank Corp founder Masayoshi Son was said to have purchased Tiffany Building for USD326 million, according to people who were familiar with the transaction.

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Macquarie to bid for Lloyd's Australian assets

Macquarie Group Ltd. offered a bid for the Australian assets of Lloyds Banking Group Plc, according to a Bloomberg report.

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Royal Dutch Shell exits Eagle Ford unit in South Texas via sale - report

Wall Street Journal reported on Sunday that Royal Dutch Shell would be selling its Eagle Ford unit in South Texas.

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