Sovereign wealth funds
Britain Ready to Start Lloyds Sale Soon
Britain is ready to sell off its 39% stake in Lloyds and is evaluating whether to break up RBS according to Finance Minister George Osborne.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported on Wednesday:Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private.
Russia to sell off interest in telecoms firm Rostelecom
Russia is determined to sell its interest in private enterprises and one of them is their 53% interest in Rostelecom.
SolarWorld Opens for Qatar Investment
Solarworld set to receive Qatar investment amounting to Eur35 million to become a shareholder. SolarWorld, in an announcement, said that it is seeking the backing of a number of bondholders for assistance in a debt restructuring program to allow Qatar to become a new shareholder in the company.