Postmedia Network Inc. announced through its newspapers Monday that it would be selling the home building of the Calgary Herald and the printing plant of Newspapers Vancouver Sun and the Province's printer, Kennedy Heights.
Exits
US government is looking to exit GM, sells another USD811 million company stock
A released August report by the Treasury Department indicated that the US government would be looking to exit American multinational automaker General Motors (GM) as the state recently sold USD811 million of GM's common stock.
Best Buy CEO Joly sells shares to pay for divorce
About 350,000 shares were sold by Best Buy CEO Joly to pay for divorce but this does not dilute his shareholdings in the company.
Verizon Wireless sells, to transfer LTE spectrum to AT&T in USD1.9 billion deal
After eight months, AT&T finally acquired the LTE spectrum from rival Verizon Wireless in a USD1.9 billion deal.
Canada sells portion of its GM stake
The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.
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Marathon Oil Corp said it would selling its 10% stake in an Angolan oil and gas field for USD 590 million.
SZITIC Commercial Property Ltd had prepared plans to undertake an IPO in the Hong Kong bourse worth around USD1 billion.
The Malaysian state run oil firm informed the Venezuelan government of its withdrawal from the Carabobo-1 oil project.
In an email provided to news agency Bloomberg News, Alibaba Group Holding Ltd founder Jack Ma insisted that the partnership system was meant to provide value to company's shareholders, employees and customers.
The Indian Telecom Commission had cleared the planned exit of Telecommunication Consultants India (TCIL) for its 30% stake in Bharti Hexacom.
Aramak Holdings Corp. announced launching an initial public offering worth USD100 million to repay debt.
The much awaited IPO of cybersecurity firm FireEye would push through with a pegged price of between USD12 and USD14 per share.
Politico publisher Robert Allbritton issued a statement on Monday saying that he acquired news Web site Capital New York for a small, undisclosed amount.
A revelation made by New Jersey newspaper The Record indicated that Port Authority of New York and New Jersey in 1986 sold the name "World Trade Center" for only USD10.
