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Treasury to sell more GM shares as it winds down stake

2013-06-05 18:19:34| Automakers - Topix.net

The Treasury Department on Wednesday announced plans to sell 30 million shares of General Motors Co common stock as part of its ongoing effort to wind down the government's stake in the bailed-out automaker.

Tags: sell shares treasury winds

 

Belgacom CEO suggests smaller government stake

2013-06-05 02:00:00| Total Telecom industry news

Didier Bellens points out state could keep control of incumbent telco with 40% stake.

Tags: government smaller suggests ceo

 
 

Australian investment firm buys stake in Town Center

2013-06-04 23:04:29| Real Estate - Topix.net

An Australian investment firm will own a one-fourth stake in the Charleston Town Center as part of a $2 billion deal designed to raise cash for mall-owner Forest City Enterprises, Inc. Cleveland, Ohio-based Forest City announced Monday it has reached an agreement with Australia's third largest institutional investment firm, QIC, to transition ... (more)

Tags: center town firm investment

 

Pershing Square to sell part of its CP Railway stake

2013-06-04 04:56:40| Railroads - Topix.net

Pershing Square Capital Management said on Monday that it plans to sell up to 7 million shares of Canadian Pacific Railway Ltd over the next six to 12 months because the soaring stock now represents more than one quarter of its fund assets.

Tags: part sell square railway

 

GM Building Stake Sells for $1B+ to Chinese, Brazilian Investors

2013-06-03 19:05:00| National Real Estate Investor

The Sungate Trust, tormed for the family of Chinese real estate developer Zhang Xin, and M. Safra and Co. Inc., an investor firm tied to Brazilian banker Moise Safra acquired a 40 percent stake in the General Motors building in New York City. read more

Tags: building chinese investors sells

 

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