The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc (ALLY.N) acquired under the government's bailout of the auto lender, Ally said on Thursday.
Deals
Creditor to oppose San Bernardino bankruptcy plan favoring Calpers - source
A major capital markets creditor of bankrupt San Bernardino, California, will oppose any exit plan that is more favorable to Calpers, California's public pension fund, a source familiar with the creditor's strategy said on Thursday.
Shell sells parts of Norwegian downstream business to Finland's ST1
Oil major Shell (RDSa.L) said on Thursday it had sold parts of its Norwegian downstream business to Finnish fuel firm ST1 for an undisclosed sum, further divesting parts of its downstream activities.
Xerox to sell IT outsourcing arm to France's Atos for $1.05 billion
Xerox Corp (XRX.N) said it agreed to sell its information technology outsourcing arm to French IT services firm Atos SE (ATOS.PA) for $1.05 billion, sending its shares up almost 4 percent in late trade on Thursday.
Alcatel-Lucent shares jump 8 percent on Nokia merger report
Two of Europe's top three remaining telecommunications equipment companies, Nokia Networks (NOK1V.HE) and Alcatel-Lucent (ALUA.PA), have revived talks on a possible merger, Germany's Manager Magazin reported on Thursday, citing company sources.
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Clothing manufacturer American Apparel Inc (APP.A) has been approached by private equity firm Irving Place Capital for a possible takeover, The Wall Street Journal reported, citing sources.
Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast.
Deutsche Bank AG (DBKGn.DE) said it would review its strategy in 2015 after a business magazine said it was considering major changes, possibly including the sale of its Postbank-branded (DPBGn.DE) retail unit and a revision of its profit targets.
China's JD.com Inc (JD.O) has partnered Gap Inc (GPS.N) to sell the U.S. clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd (BABA.N) to woo big foreign fashion names.
Brazilian tycoon Abilio Diniz is in talks with Carrefour SA about buying a stake in the French retailer's Brazilian unit, a source with direct knowledge of the situation said on Wednesday.
Anglo American Platinum has received a 4.5 billion rand ($385 million) offer for its 49 percent stake in the Bokoni mine in northeast South Africa, a source said on Wednesday, pushing its shares higher.
Veracode, a cyber security company that helps companies protect Internet applications from hackers, has selected underwriters to lead a potential initial public offering that could value it between $600 million and $800 million, according to people close to the matter.
Shares in Cheil Industries Inc (028260.KS), the de facto holding company of Samsung Group, doubled on its debut on Thursday in the latest in a series of steps toward generational succession for South Korea's largest conglomerate.
Movie maker Lions Gate Entertainment Corp executives last summer tried to meet with Sony Corp CEO Kazuo Hirai to discuss a possible merger or acquisition, according to emails found in documents stolen by hackers.
