Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.
Tags: Stake sale
UPDATE: Nokia Buys Siemens Stake in Joint Unit for US$2.2 Billion
Finland based Nokia bought Siemens AG’s stake in the telecoms-equipment venture company priced at Eur1.7 billion.
Nokia Buys Siemens Stake
Noki Oyj agreed to buy the stakes of Siemens AG in the Nokia Siemens Network according to sources. (Photo : Reuters)The image shows the Nokia Siemens Network sign inside the company's building.
Anglo to Hire Banks for Sale of Brazil Project Stake
Anglo American Plc hired Goldman Sachs and UBS AG to sell as much as 49.9% of its biggest development project.
Meiji Yasuda Life Insurance Nears Deal for Thai Life Stake
Meiji Yasuda Life Insurance of Japan is in the process of acquiring Thai Life Insurance Co at a deal priced at around US$700 million.
Latest News
Orascom Construction Industries (OCI) plans to sell minority stake it has in a Texas methanol plant.
HSBC is planning to sell off shares totalling of 98.94% of its stake with the PT Bank Ekonomi in Indonesia.
Nomura Holdings has been in negotiation to close a deal under which it will sell its stake in property firm Nomura Real Estate Holdings.
ING Groep is looking forward to set sale of its stake in the Brazilian insurance company as it faces pressure to shed assets in exchange for the state bailout it received during 2008 financial recession.
There is still no timetable agreed when to dispose the 82% stake of the government in Royal Bank of Scotland.
The auto maker is not expecting China Investment Corp. to buy 10% in the company (Photo : Reuters) Bodo Uebber, chief financial officer of Germany's car manufacturer Daimler, said that they are not expecting sovereign wealth fund China Investment Corp.
