Blackstone Group LP President Tony James sold 3.25 million shares managed through a firm controlled by his family.
Exits
Russia's Sovcombank agrees on purchase of local GE Money Bank unit
General Electric decided to exit from its local banking unit for an undisclosed amount. On Monday, Sovcombank had signed an agreement to acquire General Electric's local banking unit.
Liberty Global sells Chellomedia business to AMC Networks in USD1.04 billion deal
AMC Networks was set to own international content business Chellomedia for USD1.04 billion. According to AMC Networks Inc, it would be purchasing the international content business of Liberty Global Inc.
Lagardere confirms discussion with Vivendi over fate of its Canal+ stake
Lagardere's statement released on Monday was unclear regarding its rumored exit from pay-television operator Canal+.
MBK Partners to put Techpack up for sale - source
A source disclosed to Reuters that a sale of Techpack Solutions Co Ltd could fetch over KRW432 billion or USD407 million.
Latest News
India Infoline, in response to market movement away from equities, is closing down its retail brokerage division.
Provenge-maker Dendreon Corp was in the process of finding buyers, people with knowledge of the matter told Bloomberg.
JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues. A settlement agreement was finalized between JPMorgan Chase & Co and the Federal Housing Finance Agency on claims over defective home loans and mortgage backed securities.
In twin moves, Swatch was able to identify the cause of its sales declines and increase the demand for its components by cutting back on deliveries.
Bunge Ltd CEO is seeking to sell off its 'crown jewels' as depressed prices and operating losses have made the business unprofitable.
In an unprecendented move, China's Sinopec is selling off shale gas acreages in Canada. An executive for the SInopec Group is seeking to sell half of its holdings in the two biggest shale gas acreages in Canada.
Like a death in the family, union members of PSA Peugeot Citroen factory located in Aulnay, France mourn the closure of the 40 year old plan.
In a tax free spin off, DuPont would be able to spend just USD0.01 to USD0.02 per share. The largest chemicals maker in the United States in terms of value, Dupont Co.
The exit of Caesars Entertainment from a casino project has shocked billionaire Steve Wynn. Wynn Resorts billionaire founder Steve Wynn told reporters that he was flabbergasted at the pull out of Caesars Entertainment Corp in a Boston casino project.
