Activist investor William Ackman told investors through a letter dated October 2 that he had reduced over 40% of his USD1 billion investment with nutritional supplements company Herbalife.
British insurance firm Aviva sold its US business to Athene Holding for USD 2.6 billion.
HSBC Holdings Plc would stand to get USD19.5 million from the sale of its two paintings by Italian painter Canaletto.
German newspaper Stuttgarter Zeitung said on Wednesday that utility company EnBW would be buying Italian energy company Eni's stake in the German natural gas transmission networks they co-owned.
Russian diamond company Alrosa announced on Wednesday that it has planned to sell 14% of its stake on the Moscow bourse.
Wolseley Private Equity sold all its shares in nexmedia to Forum Media Group.
Campbell Soup Company announced that it had signed a definitive agreement with CVC Capital Partners for the sale of its European meals business.
Spanish property builder Sacyr announced the possible sale of its Vallehermoso unit.
CA Immobilien Anlagen announced it would sell two-thirds of Tower 185 in Frankfurt to two German pension funds.
Investment company PointB sold its shares of Loft9.
After more than dismal last quarter financial reports, BlackBerry is contemplating its exit from the smartphone market.
An IPO or share sale by end of 2014 would be preferred mode of exit, according to TUI AG CEO.
According to a statement today, a group led by private equity firms Corsair Capital LLC and Centerbridge Partners LP would be preferred by Royal Bank of Scotland Group Plc to purchase its 314 branches.
According to sources who told the Wall Street Journal, family-run Wing Hang Bank Ltd may get takeover bids from Australia & New Zealand Banking Group Ltd and United Overseas Bank Ltd of Singapore.
HTC Corp would be selling 24.84% of its stake in Beats Electronics for USD 265 million.