Icahn sells entire stake in Family Dollar - sources

Billionaire investor Carl Icahn has sold his entire stake in Family Dollar Stores Inc (FDO.N), making a profit of about $200 million on the investment, according to sources familiar with the matter on Wednesday.


In quest for next windfall, tech funds look to healthcare

Some of the best-known technology investors are looking beyond their tried-and-true Internet plays to bet on healthcare data as the next growth market.

Abu Dhabi's Waha Capital in $575 mln hedging deal on half of AerCap stake

Abu Dhabi's Waha Capital has entered into a $575 million hedging deal on half of its stake in AerCap Holdings, the Emirati investment company said on Wednesday.

'Back to normal' for AstraZeneca CEO, despite Pfizer rumors

Though speculation is rife of a new Pfizer bid, AstraZeneca's chief executive is not holed up with advisers in London or New York. Instead, he has spent the last three days immersed in heart science in Barcelona.


Latest News

European Union antitrust regulators will decide by Oct. 3 whether to clear world No. 1 online social network Facebook's $19 billion offer for mobile messaging startup WhatsApp, the European Commission said on Monday.
Dutch brewer Heineken (HEIN.AS) has agreed to sell its Mexican packaging business Empaque to Crown (CCK.N) for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010.
Barclays is selling its Spanish retail and corporate banking operations to Caixabank, the two companies said on Sunday, as the British bank starts shrinking its struggling European divisions as part of a major overhaul.
French media company Vivendi (VIV.PA) picked Telefonica (TEF.MC) for exclusive talks over the sale of its Brazilian broadband unit GVT, spurning a rival bid from Telecom Italia (TLIT.MI).
Real estate owner Store Capital Corp, backed by private equity firm Oaktree Capital Management LLC, filed with U.S. regulators on Friday for an initial public offering of common stock.
Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday.
German solar firm SAG Solarstrom AG, which filed for insolvency late last year, said on Saturday it agreed to be acquired by Shunfeng Photovoltaic International for 65 million euros ($85 million).
U.S. electric carmaker Tesla Motors (TSLA.O) said on Friday that it would partner with China's No.2 mobile carrier China Unicom (0762.HK) to build charging outlets across the country to push sales in the world's biggest auto market.
Australia said on Friday it will sell health insurer Medibank Private in an initial public offering in December, in a sale expected to fetch about A$4 billion ($3.74 billion) and make 2014 the country's biggest year of new listings.
Fiat (FIA.MI) signaled its merger with U.S. affiliate Chrysler was on track on Friday as a tally of shareholders suggested most had chosen not to exercise an option that could derail the plan, a vital step in the Italian carmaker's turnaround efforts.
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