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BT Group in discussions to sell Openreach stake, FT 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 14th, 2020

Amber Capital: no plans to sell Lagardere stake and it may even raise it

The founder of activist investment company Amber Capital, which lost out this week in a bid to shake up the governance at French group Lagardere , said on Wednesday he had no plans to exit his stake in Lagardere and added that he could even raise it......»»

Category: topSource: reutersMay 6th, 2020

Buyout Hopes Raised As Blackstone Picks Up $360M Stake In Australian Casino Operator Crown

Blackstone Group Inc. (NYSE: BX), a private equity company, has purchased a 10% stake in Australia based casino operator Crown Resorts, leading to a sharp spike in Crown’s shares. read more.....»»

Category: blogSource: benzingaApr 29th, 2020

Expedia shares fly on report of talks to sell stake for $1 billion

Shares of Expedia Group Inc rose 9% on Wednesday after a report that the online travel services company was in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion......»»

Category: topSource: reutersApr 22nd, 2020

Expedia nears deal to sell stake to Silver Lake and Apollo

Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business......»»

Category: topSource: foxnewsApr 21st, 2020

Expedia nearing deal to sell stake to Silver Lake and Apollo: WSJ

Online travel services company Expedia Group Inc is in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion, the Wall Street Journal reported on Tuesday......»»

Category: topSource: reutersApr 21st, 2020

The Wall Street Journal: Expedia near deal to sell stake to private-equity firms

Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business......»»

Category: topSource: marketwatchApr 21st, 2020

Paramount Group to sell stake 1633 Broadway

Paramount Group, Inc. has entered into an agreement to sell a 10 percent interest in 1633 Broadway, a 2.5 million square foot trophy office building located on Broadway between 50th an.....»»

Category: realestateSource: realestateweeklyApr 2nd, 2020

Tesco plans $6.6 billion shareholder return from Asia disposals

Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as part of plans to refocus on Britain......»»

Category: topSource: reutersMar 9th, 2020

Tesco plans $6.6 billion shareholder return from Thai, Malaysia sale

Tesco plans to return $6.6 billion to shareholders after it agreed to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as part of a plan to refocus on Britain......»»

Category: topSource: reutersMar 9th, 2020

Tesco to return $6.6 billion to shareholders after sale of Thai, Malaysia assets

Britain's Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group for an enterprise value of $10.6 billion......»»

Category: topSource: reutersMar 9th, 2020

Barstool Sports to sell 36% stake to Penn National Gaming

Barstool Sports, the controversial sports and pop-culture blog, agreed to sell a 36% stake to casino operator Penn National Gaming Inc. for about $163 million, the latest sign of convergence in... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 30th, 2020

Dow Jones Newswires: Vodafone to sell stake in Egypt unit to Saudi Telecom for $2.39 billion

Vodafone Group PLC said Wednesday that it has agreed to sell its 55% stake in its Egypt unit to Saudi Telecom Co. for $2.39 billion......»»

Category: topSource: marketwatchJan 29th, 2020

CITIC to sell 22% stake in McDonald"s China business to PE arm: sources

CITIC Ltd , the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald's Corp's mainland China and Hong Kong business, which is likely to be bought by the group's private equity arm......»»

Category: topSource: reutersJan 8th, 2020

Sinochem unit gets $1.65 billion investment from state firms

Sinochem Energy, a unit of China's Sinochem Group, has agreed to sell a 20% stake to five state-owned firms for 11.56 billion yuan ($1.65 billion), Xinhua news agency reported......»»

Category: topSource: reutersDec 28th, 2019

France"s PSA to sell stake in smaller Chinese tie-up as sales slide

Peugeot maker PSA Group said it is preparing to sell its 50% stake in an eight-year-old joint venture with Chinese partner Chongqing Changan Automotive which has struggled with falling sales......»»

Category: topSource: reutersNov 29th, 2019

PSA readying sale of its stake in Chinese tie-up with Changan

Peugeot maker PSA Group is preparing to sell its 50% stake in a joint venture with Chongqing Changan Automotive , a Chinese partner also exiting the manufacturing tie-up, a spokesman for the French carmaker said on Thursday......»»

Category: topSource: reutersNov 28th, 2019

Factbox: Ownership of leading European soccer clubs

The Abu Dhabi-controlled soccer group that owns Manchester City has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag......»»

Category: topSource: reutersNov 27th, 2019

Manchester City owner scores $4.8 billion price tag with stake sale

Manchester City's Abu Dhabi-controlled owner has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag......»»

Category: topSource: reutersNov 27th, 2019

AIG to sell 76.6% stake in Fortitude Re for $1.8 billion

U.S. insurer American International Group Inc said on Monday it would sell a major portion of its stake in reinsurer Fortitude Re to buyout fund Carlyle Group and Japanese insurer T&D Holdings for about $1.8 billion......»»

Category: topSource: reutersNov 25th, 2019