share sale

Coffee Bean plans exit strategy with IPO or sale

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.

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State-owned Alrosa prepares for share sale

Russian diamond company Alrosa announced on Wednesday that it has planned to sell 14% of its stake on the Moscow bourse.

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JC Penney shareholder sues retailer over share sale

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.

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JC Penney faces uphill climb

JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate.

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JC Penney intends to raise cash in 84 million share sale

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.

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ThyssenKrupp gets break, obtains extension of credit lines

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.

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Macau Legend wants to raise USD 300 million by selling shares

Macau Legend announced plans to raise USD 300 million through a share sale to redevelop the Fisherman's Wharf complex.

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Ping An Bank sells CNY 14.8 billion to parent Ping An Insurance

Ping An Bank would sell more than 1 billion in new shares to its parent company Ping An Insurance to raise core capital.

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Findim willing to support stock sale if Telecom Italia has growth plan set

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.

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Ackman loses more than USD400 million in J.C. Penney sale

Bill Ackman lost half his investment after selling entire J.C. Penney stake to Citigroup.

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Barnes & Noble retail head sells more than half of shares

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.

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China Merchants Bank to raise USD5.68 billion

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.

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Zillow announces public offering after StreetEasy deal

After its announced acquisition of StreetEasy for USD50 million in cash, Zillow Inc. was said to sell its share for USD82 per share piece.

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Top banks to get US$153 million from Barclays share sale

Barclays announced selling its shares to raise GBP5.8 billion to satisfy Britain's financial regulators demand.

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Punch Graphics, to sell 65.68% Xeikon stake to private equity houses

Punch Graphics plans to sell majority stake in digital press manufacturer Xeikon for EUR 110.3 million.

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