Gibson Guitar, a producer of electric guitars, says it was purchasing majority share in Japan's TEAC Corp. for 4.88 billion yen.
Tags: Stock Share Sale
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.
Pertrobras sells oil assets for USD2 billion
Pertrobras sold oil assets to raise USD2 billion to finance five-year plan. Petróleo Brasileiro SA (Petrobras) has sold oil stakes on different petrochemical and oil explorations projects.
Goldman takes the lead in Huarong Stake talks
Goldman is reportedly leading in the race with Morgan Stanley to acquire largest share of Huarong's stock sale.
Bank of Ayudhya Shares Rose Amid MUFG's Bid for GE Stake
Bank of Ayudhya Pcl saw its shares increased after a local newspaper reported that a financial market source said that Japan's Mitsubishi UFJ Financial Group (MUFG) proposed to buy General Electric's stake in the Thai bank for 40 baht per share.
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China's Dongfeng Motor Group decides not to continue bidding for a major stake in Fisker Automotive over loan obligations.
Transportation equipment firm Toyota Industries Corp. made completion of its tender offer for shares in Cascade Corp.
Merlin Entertainments Group is aiming for IPO either in New York or London through share sale. Merlin Entertainments Group is in talks with potential investors for its plan to sell shares by going public in either London or New York, the company's chief executive Nick Varney disclosed to Reuters.
Tanghan Steel has signed a deal with Duferco International Trading Holding to buy 10% stake in the latter as China seeks more steel export.
Petrobras is now setting up its plan for the auction of its shares in Nigerian oil fields Brazilian oil firm Petrobras has auctioned its interest in the oil fields in Nigeria that would draw up to $5 billion as the company aims to get cash and embarks on a capital spending plan, sources familiar with the matter told Reuters.
A total of 528 million shares in Samsonite International were sold by Royal Bank of Scotland and private equity firm CVC Capital Partners as they exit in the Luxembourg-based company.
CBS is expected to offer $100 million for One Equity Partners' stake in TV Guide Network, sources cited.
Barclays has decided to declare a 14.2 percent stake in Dutch cable company Ziggo following its failure to find enough buyers for the shares in a sale.
French insurer AXA is now finalizing the sale of the majority state in its private equity arm to a group of investors in a deal worth about 500 million euros.
