Russia is determined to sell its interest in private enterprises and one of them is their 53% interest in Rostelecom.
Exits
Ryanair to return Eur1 billion to investors
Ryainair said that it will give back Eur1 billion to its shareholders within two years. Europe's largest discount airline, Ryanair Holdings Plc, announced today that it will give back Eur1 billion or $1.
SandRidge Energy Ousts CEO
SandRidge Energy Inc. CEO Tom Ward was ousted from the company last Wednesday due to accusations of strategic mistakes and self-dealing at the expense of the company's shareholders.
Bpost to List Eur14.50 per Share
After minority owner CVC launched sale for Belgium’s Bpost earlier this month, trading for new shares will take place on Friday after being listed on the Brussels Stock Exchange.
Britain Ready to Start Lloyds Sale Soon
Britain is ready to sell off its 39% stake in Lloyds and is evaluating whether to break up RBS according to Finance Minister George Osborne.
Latest News
Robinsons Retail Group is planning to undertake the largest IPO in the Philippines. The Robinsons Retail Group, whose interests include operations in the consumer market through supermarkets, hardware and department stores throughout the Philippines, is now planning to raise US$924 million through an initial public offer in Manila.
SunGard Data Systems seeks buyers for its data management operations. (Photo : Reuters)The image is a computer mouse being used. Computer software maker SunGard Data Systems Inc was privatized back in 2005 for US$11.
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
Japan's Astellas Pharma looks to sell its dermatology portfolio valued between US$500 million to US$1 billion.
Eastman Kodak Co. said on Tuesday that it will seek court approval to sell its rights priced at US$406 million.
Dish Network abandons its bid for Sprint Nextel before the Tuesday deadline stating that adding a new offer is impractical.
Befimmo, in exchange for an AXA Belgium investment, does a novel exchange deal. (Photo : Reuters)The image is the front step of AXA's corporate headquarters, who is selling through a management buyout its private equity subsidiary.
Joint venture partners of Nokia Siemens Network is now open for bids for its shares. (Photo : REUTERS/Lehtikuva Lehtikuva )A woman walks past by NSN headquarters in Espoo.
CSM NV sold its bakery business to Rhone Capital while returning funds to its shareholders. CSM NV, a firm from the Netherlands, is giving back Eur250 million or $334 million, to its shareholders.
