SALE

Clear Channel completes $2.5 billion debt sale

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Debt-laden radio company Clear Channel on Monday said its outdoor unit completed raising $2.5 billion in the high-yield debt market, removing concerns about the company's short-term liquidity.

Egypt's Orascom Telecom says Link sale on hold

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Egypt's Orascom Telecom (ORTE.CA) (ORTEq.L) said on Monday it had suspended talks on the sale of its internet subsdiary LINKdotNet until it resolves a dispute with France Telecom FTA.PA.
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Shell plans $5 bln sale of assets in Nigeria: report

Royal Dutch Shell , Europe's largest oil company, is planning to sell oilfields in Nigeria valued at up to $5 billion, the Sunday Times reported, citing sources linked to companies interested in the assets.
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U.S. opens probe of Diebold unit sale: report

The U.S. Department of Justice and 14 states have opened investigations into the sale of Diebold Inc's voting machines business to Election Systems & Software that could lead to the unwinding of the September sale, the New York Post said on Saturday.
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Kraft seeks OK for share sale in Cadbury deal

Kraft Foods Inc (KFT.N) will convene a meeting on February 1 to urge shareholders to approve a proposal to issue shares and bankroll its hostile bid for Britain's Cadbury Plc (CBRY.L).
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GM to wind down Saab after sale fails

General Motors will wind down operations at its loss-making Swedish unit Saab after an attempt to sell it to small Dutch luxury carmaker Spyker Cars failed.
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Citi shares fall after U.S. delays stock sale

Citigroup Inc shares fell to their lowest level in four months on Thursday, a day after the bank's $20 billion stock and bond offering drew a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.
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Citi shares fall after Treasury delays stock sale

Citigroup Inc shares fell sharply on Thursday, a day after the bank's $20 billion stock and bond offering drew a cool reception on Wall Street and prompted the U.S. Treasury to delay plans to start selling off its Citi holdings.
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U.S. delays $5 bln Citi sale after weak pricing

The U.S. Treasury delayed a plan to sell $5 billion of Citigroup Inc shares after a stock offering by the bank attracted weak demand and priced at a much lower-than-expected $3.15 a share.
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Citigroup sells shares at $3.15, U.S. delays sale

Citigroup Inc is selling shares at $3.15 apiece, far less than the $3.25 price at which the government bought them earlier this year, and the United States has decided not to sell shares, people briefed on the matter told Reuters.
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Dubai's $10 billion cash came through bond sale

Abu Dhabi's $10 billion financial aid to fellow United Arab Emirates member Dubai to meet debt obligations was in the form of bonds, on similar terms to a $10 billion bond issue to the UAE central bank in February.
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US high court orders Chrysler sale appeal dismissed

The U.S. Supreme Court ordered a lower court to dismiss a legal challenge by three Indiana pension funds to the government-backed sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA.
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Lehman close to sale of two real estate funds

Lehman Brothers Holdings Inc (LEHMQ.PK) is close to selling two of its real estate private equity funds to real estate investment firm PCCP, a spokeswoman for Lehman said on Friday.
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Prudential says Wachovia stake sale on track

Prudential Financial Inc's sale of its stake in a brokerage joint venture is on schedule to close next month and is expected to give its capital position a significant lift, the company said on Thursday.
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Prudential says Wachovia stake sale on track

Prudential Financial Inc's sale of its stake in a brokerage joint venture is on schedule to close next month and is expected to give its capital position a significant lift, the company said on Thursday.
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GM in talks on partial Saab sale to BAIC: sources

General Motors Co is talking to BAIC, China's fifth largest car maker, about a partial sale of assets associated with its Saab brand, including tooling and technology, two people with direct knowledge of the discussions said.

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