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Canada Divests Final 4.6% Stake in General Motors

2015-04-08 07:44:47| Automakers - Topix.net

Six years after it helped save General Motors from bankruptcy, Canada is now letting go of its remaining and final 4.6 percent stake in the Detroit-based automaker. It has agreed to sell 73.4 million shares to Goldman, Sachs & Co.

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Canada sells stake in General Motors

2015-04-07 12:18:41| BBC News | Business | UK Edition

The Canadian government has sold its remaining stake in Detroit automotive giant General Motors, worth an estimated $2.69bn.

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Canada agrees to sell remaining General Motors stake to Goldman Sachs

2015-04-07 04:35:45| Automakers - Topix.net

Canada GEN Investment Corp said the sale, an unregistered block trade, will be completed on April 10. No price or value were given for the share sales. Canada GEN, is a wholly-owned subsidiary of Canada Development Investment Corporation, which held Canada's equity interest in GM.

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Gabelli Sells Part of Stake in Myers Industries

2015-04-07 01:30:58| Industrial Machines - Topix.net

Last week, on April 2, guru Mario Gabelli did something he has seldom done since 2015 began - he sold a portion of his stake in a company, Myers Industries Inc . It is rarer still for him to sell shares in that particular company; Myers has been in his portfolio for years, and Gabelli sold 12,500 shares in the first quarter of 2014.

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Rajalakshmi Group acquires majority stake in Ashok Leyland's renewable energy unit

2015-04-07 01:00:00| Power Technology

India-based Rajalakshmi Group is expanding its renewable energy portfolio by acquiring the majority stake in Ashok Leyland's renewable energy unit.

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