Sharp is selling off its 9.2% shareholdings in Pioneer Corp. Sharp Corporation of Japan has announced it is selling off its 9. 2% shareholdings in car electronics manufacturer Pioneer Corp.
Exits
ING NV is selling off its TMB Bank shareholdings
ING NV would be launching its sale of its US$1.2 billion shareholdings in TMB Bank after the May 5 elections.
Mando's move forces Midas' hand
Mando's plan to invest in Halla Engineering beyond its means forces Midas to divest its shareholdings in Mando.
Amid South Korea's Fourth Sale Effort, Woori Chairman to Resign
Woori Chairman resigns amidst declining share values. Lee Pal Seung, Chairman of Woori Finance Holdings Company, plans to resign prior to the South Korean government's fourth plan to sell its shares in the country's largest financial service group.
TIPS low yield because of CPI
Private equity firms selling off securities despite government infusion efforts. Many private equity firms have been purchasing government securities that are protected against inflation because of the Federal Reserve's efforts to expand money supply.
Latest News
Turkish conglomerate Calik Holdings is in the process of selling off its media shareholdings. Calik Holdings of Turkey has talks in progress to sell off its ATV television subsidiary to Time Warner Inc.
KKR's Asia Fund purchases Warburg Pincus shareholdings in Alliance Tire Group. KKR & Co LP has entered into an agreement to acquire a controlling stake in Alliance Tire Group.
Hub International is being sold off by owners Apax Partners and Morgan Stanley. Apax Partners, the buyout firm and the private equity unit of Morgan Stanley is now in the process of exploring the sale of Hub International, the insurance brokerage firm based out of Chicago.
Scandlines owners Allianz Capital Partners is preparing for the sale of the ferry group. A number of banks are now consolidating debt packages amounting to Eur 1 billion or US $1.
In a bid to divest assets to raise funds, Rio Tinto's Turquoise Hill is selling off its Ivanhoe shareholdings.
The recent decline of an offer and its sudden stop in its search for a partner has put Gleacher in deeper issues moving forward.
Jay-Z is divesting ownership with NBA team Brooklyn Nets to become a sports agent. Rap icon and producer Jay-Z has now offered his shareholdings in the National Basketball Association's Brooklyn Nets for sale in order to focus on the growth and development of his sports representation business.
French media group Lagardere has raised $3 billion from the sale of its 7.4 percent stake in Europe’s top aircraft maker EADS.
PhosAgro has offered a share offering to the public worth about US$500 million. PhosAgro, the largest fertilizer company of Russia had raised about US$500 million in a share offer made last Wednesday.
