Former Standard Chartered chief executive Mervyn Davies is forming a consortium of sovereign wealth funds and financial institutions to buy as much as half of Britain’s 20 billion pound stake in Lloyds …
French construction and concessions company Vinci and Credit Agricole’s life insurance unit are among candidates to buy a stake the French government is selling in Paris airports operator ADP , newsletter …
New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony’s CEO, …
Cairo – High-level Egyptian sources shared details with Al-Akhbar on Ethiopia's plans for its “Grand Renaissance Dam” on the Blue Nile, revealing that Israel is attempting to acquire a stake in the river.
The Treasury Department on Wednesday said it will begin another round of sales of the General Motors Co stock it acquired during the government’s bailout of the U.S. auto sector.
David Einhorn’s Greenlight Capital has added to its investment position in Apple Inc and is waiting for the company’s “next blockbuster product,” Einhorn said on Tuesday.
Hertz Global Holdings Inc said on Monday that private equity firms Clayton, Dubilier & Rice and Carlyle Group , as well as Bank of America Merrill Lynch , have sold off their remaining shares in the car …
Warren Buffett’s Berkshire Hathaway Inc sold off another 1.375 million of its Moody’s Corp shares in the past three trading days, leaving it with an 11.1 percent stake in the parent of credit rating agency …
Verizon Communications Inc has hired advisers to prepare a possible $100 billion cash and stock bid to take full control of Verizon Wireless from joint venture partner Vodafone Group Plc, two people familiar …
ING NV is aiming for May to launch the sale of its $1.2 billion stake in Thailand’s TMB Bank , as the Dutch financial services company awaits the end of Malaysia’s election to include more bidders, sources …