Blackberry Ltd. would be expecting an influx of takeover bids after its board's announcement that the company is open to "explore strategic alternatives", including a sale.
A source told Reuters that La Caixa would be selling 51% of its stake in Servihabitat, a real estate firm, to TPG.
Dixons said it would pay EUR 69 million to mutares AG for the latter's acquisition of PIXmania.
News Corp. sold 33 local newspapers of its newspaper portfolio to Fortress Investment Group LLC.
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.
Yucaipa Cos. and billionaire Ron Burkle filed a letter to Morgans Hotel Group Co. Chairman Jason Kalisman demanding the sale of the New York-based hotelier.
The sale of 11% over Prosiebensat.1 is the start of the exit of KKR and Primera from the business.
According to an investigative report by the Huffington Post, Microsoft Corp would be dipping into its USD60 billion offshore holdings to finance its Nokia handset business acquisition in cash.
US investment firm Starboard Value LP voiced his opposition of the Smithfield Foods Inc.'s takeover bid by Shuanghui International Holdings Ltd. in a letter addressed to his co-shareholders on Tuesday.
The projected bond issue for the Verizon-Vodafone exit deal would exceed the previous high set by Apple.
A term sheet seen by Reuters revealed that Bank of America Corp would exit from China Construction Bank Corp by selling shares worth USD 1.5 billion.
Lafarge would sell its 53.3% stake in its Honduras business to Cementos Argos for a price tag of EUR 232 million.
A Wall Street Journal cited sources who told the newspaper that Citigroup Inc. sold over USD6 billion in private equity and hedge fund assets to comply with new regulations on bank's holdings in investments.
Private equity fund Mandarin Capital said it had sold its stake in IMA through accelerated book building.
Immofinanz Group said it had completed its sale of the Hilton Vienna Danube for EUR 48 million.
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