AEG now off the market according to owner Phil Anschutz. Phil Anschutz, billionaire owner of AEG, has pulled out his sports, music and arena company from the market.
Tags: Sale
Taylor Morrison to Start Marketing IPO
Taylor Morrison is now undertaking plans to market its IPO. Renowned homebuilder in the U. S. and Canada, Taylor Morrison Home Corporation (TMHC) will proceed with its initial public offering next week according to sources.
AB InBev and Justice Dept extend talks
AB InBev and DOJ continue discussions on sale to Constellation of Grupo Modelo brands and brewery. Anheuser-Busch InBev NV and the Justice Department will seek court permission to extend talks on a settlement proposal of a lawsuit blocking the beermakers acquisition of Grupo Modelo SAB.
Viko Hires Credit Suisse for Sale
Viko contemplates sale and hires Credit Suisse for assistance. Viko, the family owned electric appliances manufacturer from Turkey, has hired Credit Suisse to sell the company for a price tag between US$500 million to US$1 billion.
UniCredit to announce sale of ATF Bank
Italian bank UniCredit to sell off Kazakh bank ATF. Italy's largest bank by assets, UniCredit is on the verge of announcing the sale of ATF Bank. ATF Bank is its Kazakhstan unit and the sale was confirmed by three sources who spoke on condition of anonymity.
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E*Trade will close books with Citadel on or before March 19. E*Trade Financial Corp's largest investor, Citadel LLC is in the process of selling off its interests in the firm.
Belgian KBC sells off its stake in Slovenia's NLB. KBC Group NV, the Belgian giant in banking and insurance, announced that it had completed the sale of its 22% share interest in NLB.
Dhanlaxmi Bank to raise funds for expansion. According to its latest plan, Dhanlaxmi Bank will raise capital through the flotation of 8. 5 million shares amounting to raise Rs 200 crore with the issue.
Commerzbank's property portfolio up for grabs. The sale of Commerzbank has created a buzz within the industry, making many private equity firms and property lenders to stand up and take notice.
US Bank Tower, the building blown up in the movie "Independence Day", is to be purchased by overseas investors.
Absa, a Barclays subsidiary to establish fund to purchase African equities. The Johannesburg based subsidiary of Barclays Plc, Absa Asset Management is planning to establish a US$100 million fund to be used to invest in African shares.
Temasek buys stake in Evonik. Temasek Holdings, the Singapore state investor will purchase shares in the German company, Evonik Industries according to people close to one of the owners of Evonik.
Directors hope to reap same success in Mozambique project. Three major executives that took part in the creation and sale of Cove Energy Plc have come together again to raise funds for an oil and gas exploration project in Mozambique.
Walter Energy set to sell assets and cut budget for 2013. In the middle of a disagreement with a British investor who is calling for the replacement of majority of the board members, Walter Energy Inc mentioned plans of shutting down mines that are not generating income.
