Shareholders in the largest milk producer in China sold nearly 5.2% stake. A group of shareholders raised nearly HKD855. 4 million or USD110 million from the sale of 5.
Exits
Deals of the day
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
ConocoPhilips estimates gains from oil asset sales to reach USD8.9 billion
ConocoPhillips sold various oil assets located in Northern America, Asia and Africa. A Reuters report said US oil company ConocoPhillips expected to receive USD8.
Air France-KLM depreciates Alitalia stake from books
A recent quarterly report released by Air France-KLM showed that the Franco-Dutch airline had written off the value of its 25% ownership stake in Italian carrier Alitalia.
Founders to exit from bwin.party stake, seeks New Jersey license
Founders James Russell DeLeon and Ruth Parasol DeLeon would be exiting from bwin.party digital Entertainment should their online gaming license application would be approved.
Latest News
Microsoft sought an approval from the European Commission to take over Nokia's phone business in USD7.49 billion deal.
Intel Corp was reportedly nearing an agreement to exit from its television service business with Verizon Communications Inc.
Former billionaire Eike Batista would be selling his coal mines in Colombia to Yildirim Holding for USD 450 million.
Vodafone seeks bigger share of its Indian unit, wants government approval. Vodafone Group Plc sought approval on Tuesday, Oct. 29, to raise the number of shares of its India unit for $US1.
Water Street Healthcare Partners sells off assets in the past three weeks. The strategic investor with special focus on the health care industry, Water Street Healthcare Partners, announced the recent sale of its outsourced pharmaceutical services firm AAIPharma Services Corp.
BP Plc's recent quarterly report showed a bright investor future amid an overall glum oil and gas industry.
Petróleo Brasileiro (Petrobas) was reportedly nearing the completion of its Peru-based asset sale to China National Petroleum Corp (CNPC).
Electricite de France (EDF) and Veolia Environment said on Monday that both were coming close to agreeing the terms of their exit in Dalkia.
Consol Energy would be selling some of its assets to Murray Energy Corp in a deal worth USD 850 million.
