The Coffee Bean & Tea Leaf chief executive and president Mel Elias said his company would be planning an exit strategy in order to generate funds for its growth expansion in southern California and north Asia.
share sale
Russian diamond company Alrosa announced on Wednesday that it has planned to sell 14% of its stake on the Moscow bourse.
A shareholder at JC Penney sued the struggling retailer over a surprised decision to sell 84 million common stock after assuring its investors that there would be no need to raise capital in the company.
JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate.
In a seemingly peculiar move, JC Penney Co announced yesterday that it would be selling 84 million of its shares to generate cash after saying that the company was liquid enough by the end of its fiscal year.
In a move designed to avoid default, ThyssenKrupp was able to receive an extension of its credit lines from banks before its planned share sale.
Macau Legend announced plans to raise USD 300 million through a share sale to redevelop the Fisherman's Wharf complex.
Ping An Bank would sell more than 1 billion in new shares to its parent company Ping An Insurance to raise core capital.
Findim Group said it would be willing to support the sale of Telecom Italia's shares for as long as a plan to return value to its shareholders was put in place.
Bill Ackman lost half his investment after selling entire J.C. Penney stake to Citigroup.
Mitchell Klipper, head of the retail group at Barnes & Noble, sells 400,996 shares, giving up more than half of his stake in the company.
Merchants Bank Co. planned to raise CNY34.8 billion to bolster its capital and speed up growth as competition with smaller bank rivals in China intensified.
After its announced acquisition of StreetEasy for USD50 million in cash, Zillow Inc. was said to sell its share for USD82 per share piece.
Barclays announced selling its shares to raise GBP5.8 billion to satisfy Britain's financial regulators demand.
Punch Graphics plans to sell majority stake in digital press manufacturer Xeikon for EUR 110.3 million.
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