exit

Woori Financial Holdings Co

South Korea gets first round bids for two regional banks

The South Korean government said it received preliminary offers for two regional banks from Woori Finance Holdings.

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The Abraaj Group

Abraaj Group exits from DMMC

The Abraaj Group announced its exit from the Daniel O. Mercado Medical Center (DMMC).

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Camelot Information Systems logo

Camelot nears privatization by raising its buyout offer

The management of software outsourcing company Camelot Information Systems raised its buyout offer to USD98.2 million.

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Royal Bank of Scotland

RBS raises GBP 630 million through sale of Direct Line shares

The Royal Bank of Scotland raised GBP 630 million by selling all the shares it holds in insurer Direct Line.

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Barclays

Barclays set to exit UAE , opening assets for local banks such as FGB

The First Gulf Bank said it is not interested to bid for Barclays business in the UAE.

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AT&T

AT&T will sell USD5 billion cell towers - sources

The largest phone company in the United States, AT&T Inc would reportedly sell its wireless towers that would fetch around USD5 billion.

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Clean Harbors

Clean Harbors acquires Evergreen Oil for USD60 million

Clean Harbors, a Massachusetts-based environmental services company, acquired Evergreen Oil in a USD60 million deal.

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Lloyds Banking Group

UK goverment may earn GBP60 million from first Lloyds exit

The British goverment said in a statement today that through UK Financial Investments Ltd, it has sold its 6% of its issuing stock in Lloyds Banking Group Plc for GBP3.2 billion.

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Schaeffler AG

Schaeffler, holding company sell 4% stake in Continental to repay debt

Schaeffler AG said in a statement that the sale of its combined 4% stake in Continental AG with holding company Schaeffler Verwaltungs GmbH would be used to repay borrowings made to takeover Continental.

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Harsco Corp

Harsco agrees to sell infra unit to Clayton, Dubilier & Rice for USD 300 million

Harsco announced an agreement to sell its infrastructure business to Clayton, Dubilier & Rice for USD 300 million.

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Alkhabeer Capital

Dubai Investments' Masharie sells Anchor Allied Factory equity stake to Alkhabeer Capital

Masharie, a subsidiary firm of Dubai Investments, sold its stake in Anchor Allied Factory to Alkhabeer Capital.

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Piggy Wiggly Carolina Co

Piggy Wiggly sells stores

Piggy Wiggly Carolina Co said it would sell 29 stores located in South Carolina and Georgia.

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Blackberry Ltd

Bidders may split Blackberry - sources

According to sources who told Reuters, interest in buying BlackBerry Ltd was lukewarm that the company would have to break its business up to exit.

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Ascribe Logo

ECI Partners sells Ascribe to MIS Group for GBP 57.5 million

ECI Partners announced the sale of its portfolio company Ascribe to MIS Group for GBP 57.5 million.

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Fuse

Sale of MSG's Fuse was more common sense than strategic - report

According to a report by Forbes news magazine, the sale of Madison Square Garden Company (MSG)'s Fuse cable TV music channel was a more tactical rather than strategic move to exit from a floundering business unit.

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