French financial newspaper Les Echos said on its report Wednesday that French construction and concessions company Vinci was considering of selling its parking concession business to generate funds for future acquisitions.
Affin Holdings Bhd (AHB) was picked over its biggest competitor, AMMB Holdings Bhd (AMMB), to start talks in purchasing most of Hwang-DBS Malaysia Bhd's investment banking assets.
The government of Afghanistan would be looking for favorable bidders for the privatization of the New Kabul Bank.
Opposition Members of the Parliament (MP) expressed their concerns over the UK government not providing enough protection for Royal as the universal postal service near privatization.
Aquiline Capital Partners and Genstar Capital Management announced that they had closed their acquisition of Genworth Wealth Management in a deal valued at USD 412.5 million.
A Reuters report cited Wall Street Journal sources who said that Cumulus Media, a radio broadcasting company set its sight on buying out Dial Global, a content producer, for USD260 million in cash.
A Wall Street Journal report said General Electric Co will divest its US-based consumer lending business of GE Capital to focus on its core industrial operations.
Chesapeake Energy Corp announced selling a portion of its oil and gas holdings in southern Texas and Northern Louisiana.
Rockwood Holdings Inc. cancelled a planned auction combination of its titanium dioxide and performance additives units.
Michael Combes is the third CEO to try right Alcatel after leaving his post in Vodafone's European businesses.
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
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