A Bloomberg recounted how the Federal Trade Commission's decision to approve the USD2.3 billion buyout deal by Hertz Global Holdings Inc of Dollar Thrifty Automotive Group Inc was a mistake.
Shareholders will be casting their votes on December 4 on the two-step deal that would see Bakrie family of Indonesia exiting from coal producer Bumi Plc.
India's Department of Disinvestment, which oversees the divestment of ownership stakes of the state of India in several companies, were pushing for a float to happen to capitalize on the rally of stocks on the financial bourse.
Bermuda-based life insurer Wilton Re Holdings is scouting for investment banks to advise it on its possible sale or initial public offering next year. Wilton Re has received a total fund of USD1.5 billion from private equity firms.
Fusion Group has sold UK-based gas meters supplier Meter Provida Ltd to Total Capital Partners. The transaction was facilitated by Avondale but no financial terms were disclosed.
Despite the protestations of son Brett, Carl Icahn still pushed on with the sale of shares in Netflix.
The International Coal Ventures Ltd consortium is interested in purchasing Rio Tinto.
GAIL India agrees to sell off shares through block sales in China Gas Holdings.
In a bid to cut overall costs, RWE had laid out plans to sell off assets to financial investors as well as cut down on its employee headcount.
KKR, the buyout firm, sold off its 11% shareholdings in Danish telecommunications firm TDC to institutional investors.
According to sources familiar with the matter, French bank Societe Generale was considering on selling its Asian wealth arm based in Singapore.
Sources told Reuters that electronics maker Sharp Corp. would be raising USD1.7 billion to keep itself afloat until the end of the business year in March next year.
Grontmij divested its French unit to focus on engineering operations.
ING Group will exit its South Korea-based investment management business to acquire Australia's Macquire.
MTV Italy, which is owned by Telecom Italia Media, was sold to Viacom International Media Networks for Eur 10 million.