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B&Q's Kingfisher to sell China stake

2014-12-22 08:49:19| BBC News | Business | UK Edition

Home improvements retailer Kingfisher agrees to sell a controlling stake in B&Q China to Wumei Holdings in a cash deal estimated to be worth 140m

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Government selling last stake in Ally Financial

2014-12-19 03:02:18| Automakers - Topix.net

The government is selling the last of its shares in Ally Financial Inc., the former financing arm of General Motors that was bailed out during the financial crisis. Detroit-based Ally said Thursday that the Treasury Department is selling its remaining 54.9 million shares.

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Woodside to buy 20% stake in four Canadian offshore exploration licences

2014-12-19 01:00:00| Offshore Technology

Australian energy firm Woodside Petroleum has agreed to acquire a 20% participating interest in four BP operated Canadian exploration licences.

Tags: buy canadian exploration offshore

 

Owens-Illinois Inc (OI): Atlantic Investment Raises Stake; Alexander...

2014-12-18 22:11:17| Industrial Machines - Topix.net

Alexander J. Roepers ' Atlantic Investment Management has strengthened its exposure to its largest equity position in Owens-Illinois Inc . In a new filing with the Securities and Exchange Commission, Atlantic disclosed holding 12.09 million shares of the company, up from 11.11 million shares held earlier, according to the fund's 13F filing.

Tags: investment alexander atlantic raises

 

Italy's digital future seen at stake in battle for Metroweb

2014-12-18 21:08:56| Telecom - Topix.net

A small company renting out optical fiber cables in Milan has become the subject of a fierce takeover battle between Telecom Italia and global mobile giant Vodafone, with a national high-speed fiber network seen as the ultimate prize. But what should have been a straightforward deal has turned into a full-blown political and regulatory row as deciding on the buyer of the stake could determine who calls the shots in a multi-billion-euro plan to build the nationwide fiber network.

Tags: future digital battle stake

 

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