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Air India sale exposes hurdles for Narendra Modi"s divestment drive

Modi's government announced a plan in March to divest a 76 percent stake in Air India and offload about $5.1 billion of its debt.....»»

Category: topSource: business-standardMay 31st, 2018

Bayer selling $9B in ag business ahead of Monsanto merger

German pharmaceutical giant Bayer AG has agreed to the U.S. government's demand that it sell about $9 billion in agriculture businesses as condition for acquiring Monsanto Co., a U.S. seed and weed-killer maker......»»

Category: topSource: foxnewsMay 29th, 2018

UK government to pursue multi-billion pound sale of RBS stake, Sky News reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 29th, 2018

Southern Co. unit Southern Power to sell 33% stake in solar portfolio for $1.2 billion

Southern Power, a U.S. wholesale energy provider and unit of utility Southern Co. , has reached agreement to sell .....»»

Category: topSource: marketwatchMay 23rd, 2018

SoftBank Agrees to Sell Flipkart Stake to Walmart

The operator of the world’s largest technology fund—which holds a 21% stake in Flipkart—had been delaying a decision to participate in Walmart’s $16 billion deal to take control of India’s largest e-commerce company......»»

Category: asiaSource: wsjMay 23rd, 2018

RITES stake sale on course; price band likely to be decided today

The government plans to divest at least 12.72% in RITES to raise Rs 4-4.5 billion.....»»

Category: topSource: business-standardMay 21st, 2018

Government asks judge to force AT&T to sell Turner or DirecTV

Seven weeks after the trial over the suit the Justice Department brought to stop AT&T's purchase of Time Warner began, the two sides have made their final pitches to the judge who will decide the fate of the $85 billion deal......»»

Category: topSource: cnnMay 8th, 2018

India"s Flipkart approves $15 billion stake sale to Walmart-led group: Bloomberg

MUMBAI (Reuters) - Indian e-commerce firm Flipkart's board has approved a deal to sell an equity stake of about 75 percent in the company to a group led by Walmart Inc for about $15 billion, Bloomberg reported on Friday, citing unnamed sources......»»

Category: topSource: reutersMay 4th, 2018

Flipkart board said to have okayed $15-bn deal to sell 75% stake to Walmart

If completed, the deal will give Bentonville, Arkansas-based Walmart a leading position in the growing market of 1.3 billion people.....»»

Category: topSource: business-standardMay 4th, 2018

TPG Group Seeks Buyers for Indonesian Finance Company

An investor group that includes TPG Capital is looking to sell its controlling stake in one of Indonesia’s oldest finance companies, in a deal that could value the company at about $1 billion......»»

Category: asiaSource: wsjApr 27th, 2018

Air India disinvestment: Around 150 queries on carrier"s sale

Government has decided to sell 76 per cent of its stake in Air India, along with 100 per cent stake in subsidiary Air India Express, and 50 per cent stake in AISATS.....»»

Category: topSource: business-standardApr 25th, 2018

Air India disinvestment: Around 150 parties seek info on carrier"s sale

Government has decided to sell 76 per cent of its stake in Air India, along with 100 per cent stake in subsidiary Air India Express, and 50 per cent stake in AISATS.....»»

Category: topSource: business-standardApr 25th, 2018

Air India staff unions take disinvestment protest to social media

The 11 unions -- that represent more than 10,000 employees of Air India group -- are vehemently opposing the proposal to sell 76 per cent government stake in Air India.....»»

Category: topSource: business-standardApr 15th, 2018

Toys R Us gets $1B in bids for 85 percent of Asian business

Retailer Toys 'R' Us has received multiple bids of more than $1 billion for an 85 percent stake in its Asian business as the bankrupt company moves ahead with plans to sell some non-U.S. operations, its lawyer Joshua Sussberg said on Wednesday......»»

Category: topSource: moneycentralApr 11th, 2018

Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc in a $5.4 billion deal that will also give him a stake in the company......»»

Category: topSource: moneycentralApr 10th, 2018

Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

(Reuters) - Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc in a $5.4 billion deal that will also give him a stake in the company......»»

Category: topSource: reutersApr 10th, 2018

Altice to Sell Telecom Tower Assets to KKR, Morgan Stanley Infrastructure

Altice Europe agreed to sell parts of its telecom-tower businesses in France and Portugal for around 2.5 billion euros ($2.89 billion) in a bid to pay down the company’s heavy debt load......»»

Category: smallbizSource: wsj12 hr. 54 min. ago

India"s $12 billion privatization plan at risk after airline flop

India's government was hoping to raise billions selling the national airline to a private buyer. Now it's likely to have to spend billions instead to keep it flying after being forced to shelve the sale......»»

Category: topSource: moneyJun 20th, 2018

Blockbuster Deal Gives Brookfield Stake in $1.9 Billion Apartment Portfolio

Image of 801 S. Olive St. in downtown Los Angeles. In what is likely to be one of the largest multifamily deals of the year, a unit of Brookfield Asset Management has acquired a 49 percent stake.....»»

Category: worldSource: nytJun 19th, 2018

US state, local tax revenue up 5.8% in first quarter

U.S. state and local government tax revenue climbed to $350.2 billion in the first quarter of 2018, a rise of 5.8 percent compared with the same time period in 2017, the U.S. Census Bureau reported on Tuesday......»»

Category: topSource: moneycentralJun 19th, 2018