The second largest oil producer in Qatar, Occidental Petroleum Corp, is offering a minority share in its Middle Eastern operations.
Exits
Roth exits from JC Penney board
Steven Roth resigned from JC Penney's board after his firm Vornado Realty Trust announced selling its 6.1% stake in the retailer, said a Bloomberg report.
Credit Suisse would sell off its German unit
Credit Suisse AG is to sell of its German subsidiary according to a German paper. In a report from German weekly WirtschaftsWoche, Credit Suisse is intending to sell the private client's business of its German subsidiary Credit Suisse Deutschland AG.
Twitter's value still a concern at IPO
The use of the JOBS Act for the Twitter IPO a concern for investors. The main question would be, how much is Twitter really worth? The microblogging site has over 200 million active users and has been instrumental in the Arab Spring protests two years ago.
Piggy Wiggly sells stores
Piggy Wiggly Carolina Co said it would sell 29 stores located in South Carolina and Georgia. Piggly Wiggly Carolina Co announced that it would be selling 29 of its stores.
Latest News
The JOBS Act is what made Twitter's IPO secretive and relatively inexpensive. Twitter is taking a different path en route to its IPO. This may become the path that many others after it would follow, especially in this day and age of excessive sharing through social media.
The trend now with interested buyers of Blackberry is to carve up the smartphone maker instead of purchasing it lock , stock and barrel.
Azul CEO David Neeleman would be pushing through with an IPO after it cancelled its scheduled IPO last August because of unfavorable market conditions.
ThyssenKrupp AG is reconsidering the sale of its Steel Americas unit, selling off only its US operations.
Many lessons can be learned from the IPOs of other social media outlets as IPO would be conducting its own soon.
ViroPharma had attracted interested suitors including Sanofi and Shire Plc. as it started working with Goldman Sachs Group for a possible sale.
Russian tycoon Suleiman Kerimov had been planning to sell 21.75% stake in Uralkali, held through his foundation, said reports.
KKR, the buyout firm, sold off its 11% shareholdings in Danish telecommunications firm TDC to institutional investors.
According to a Bloomberg report, Twitter Inc. was trying to avoid moves that got Facebook Inc. lost half of its value after it went public last 2012.
