unit sale

SAC Capital to sell reinsurance business - sources

SAC Capital Advisors, led by billionaire Steve A. Cohen, had been in discussion with potential buyers to sell its reinsurance business, according to sources.

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Cargill close to buying ADM's cocoa unit: sources

Cargill Inc. and Archer Daniels Midland Co. were in final stages of discussion to close an acquisition deal that could be worth as much as USD2 billion, according to sources.

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H&R Block to sell banking assets

Tax services provider H&R Block said in a statement that it would exit its banking business by selling some of its assets to Republic Bancorp Inc.

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