Tags: Stake sale

Potbelly Corp was hoping that its USD75 million IPO would have market pricing its shares not lower than USD9.

Koor Industries had sold another 5.5 million shares in Credit Suisse. The sale was valued USD169 million said the Israeli holding company on Sunday.

James Leigh-Pemberton would take a new position as the new head of UK Financial Investments on Monday according to an internal memo released by Credit Suisse and was seen by Reuters.

Nestle SA said that it would keep all possible options open as it considers the sale of its 29.4% stake in L'Oreal SA.

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Last Tuesday, Bank of America Corp announced to sell its remaining stake in China Construction Bank Corp for USD1.5 billion.

Vodafone Group had announced selling its 45% stake in Verizon Communications that would end a 14-year old venture.

Sources told a Belgian business daily that the government could sell a small portion of its stake in the Belgacom Group.

Vodafone Group planned a stake sell from its holdings in Verizon Wireless valued more than USD100 billion.

Indian telecommunications firm Reliance Communications said that it had been talking with partners for a stake sale of one of its units.

Barring announced it plans to buy a controlling stake in Hexaware for INR1.6 million. Baring Private Equity Asia planned a controlling stake purchase in an outsourcing firm in India.

Ray Investment, the private equity owner of Rexel, announced that it plans to sell another 10% of its stake in the French company.

South Korea-based Celltrion Inc, said in a statement posted on its website, that the stake sale to AstraZeneca by a newspaper was inaccurate, causing the drugmaker's share to slump by 7%.

Owners at Hulu were in talks to sell a stake in the company to Time Warner Cable according to sources.

Indonesia offered a 7% stake in Newmont mine after long disputes of who should get the share in the copper and gold miner.

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