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Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale - sources
An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb's h.....»»
Exclusive: BP eyes sale of Algerian gas plant after Rosneft talks fail - sources
BP is seeking buyers for its stake in a major Algerian gas plant deep in the Sahara desert after recent talks on a sale to Russian oil giant Rosneft failed, three industry sources told Reuters......»»
Audi gives job guarantees in Germany until 2029: sources
Volkswagen's luxury car unit Audi has agreed to give employment guarantees until 2029 in its home-market Germany, two people close to the matter said......»»
Sanofi weighing options for consumer healthcare unit: sources
Sanofi is considering a joint venture or outright sale among options for its consumer healthcare unit, sources told Reuters, as the French drugmaker prepares to present a new strategic plan next month......»»
SoMa building sale beats per-square-foot record by $1
Japanese investor Tokyo Trust paid $131 million, or a record $1,328 a square foot, for a historic SoMa office building fully leased to SoFi, sources familiar with the sale say. The price-per-square-foot tops the $1,327 Kilroy Realty Corp. paid earl.....»»
Blackstone, Kirkbi launch sale of insulation maker Armacell: sources
Buyout group Blackstone and Danish family investor Kirkbi are launching the sale of German insulation foam maker Armacell in a potential 1.3-1.5 billion euro ($1.43-$1.65 billion) deal, people close to the matter said......»»
Thyssenkrupp proceeds with elevator sale after CEO switch: sources
Thyssenkrupp will weed out some potential suitors for its elevator unit within the next two weeks, two people familiar with the matter said, as the closely-watched auction gathers pace regardless of the planned ousting of CEO Guido Kerkhoff......»»
Commerzbank considers sale of Polish unit mBank: Handelsblatt
Germany's Commerzbank is considering selling its Polish subsidiary mBank as part of a new strategy, daily Handelsblatt reported on Friday......»»
Kraft Heinz launches sale of baby food unit: sources
U.S. packaged food giant Kraft Heinz has launched the sale of its baby food brand Plasmon with preliminary bids due by the end of next week, two sources close to the matter said......»»
Pence Urged Germany To Provoke Russian Navy
Bloomberg dropped a bombshell on Thursday, citing three high level sources familiar with US-German talks at last month's Munich Security Conference who revealed US Vice Pr.....»»
Deutsche Bank shelves $4.6-bn India portfolio sale to IndusInd: Sources
The bank's new CEO, Christian Sewing, and retail head Frank Strauss decided that Deutsche Bank didn't get a price that justified selling the profitable unit.....»»
China approves sale of $18 billion Toshiba chip unit to Bain-led consortium: NHK
TOKYO (Reuters) - China regulatory authorities have approved the $18 billion sale of Toshiba Corp's chip unit to a consortium led by U.S. private equity firm Bain Capital, Japanese public broadcaster NHK reported on Thursday, without citing sources......»»
Nestle aims to shed skin unit to focus on food, nutrition
Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul......»»
Exclusive: HNA held talks with Ant, others as it weighs options for IT unit Pactera - sources
China's HNA Group is exploring an outright sale and other options for its IT outsourcing unit Pactera and has held talks with investors including Ant Financial [ANTFIN.UL], people with knowledge of the situation said......»»
KKR, Allianz among four contenders for Altice Europe fiber sale: sources
Rival consortia led by U.S. buyout fund KKR and Germany's insurer Allianz are among the four main contenders for a stake in the fiber network business of Dutch-based telecom company Altice , sources said......»»
Activist investor Elliott has taken position in Germany"s Bayer: sources
Activist investor Elliott has taken a position in Germany's Bayer , the latest in a string of investments in German companies, three people familiar with the matter told Reuters on Friday......»»
Exclusive: Activist investor Elliott has stake in Germany"s Bayer - sources
Activist investor Elliott has taken a position in Germany's Bayer , adding to the slew of investments the fund has made in German companies, three people familiar with the matter told Reuters on Friday......»»
Volkswagen courting Swedish investors to anchor Traton truck IPO: sources
Volkswagen is in talks with Swedish institutional investors AMF, AP Fund 1 and 4, Investor AB and Folksam about being cornerstone shareholders in the dual listing of its trucks unit Traton in Stockholm and Frankfurt, people familiar with the talks said......»»
Berkshire Hathaway rumored to be selling San Francisco unit
Warren Buffett’s Berkshire Hathaway is considering a rare sale from its vast operations, looking to unload San Francisco-based Applied Underwriters, Reuters reported Friday, citing unnamed sources. Applied Underwriters falls outside of Berkshire.....»»
Pittsburgh investor snaps up Pass-a-Grille apartments
The beach location comes at a premium; the price per unit is more commonly seen in newly built multifamily properties near job centers in St. Petersburg and Tampa......»»