SALE

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Verizon ready to oppose Nortel enterprise sale

Verizon Communications says it is ready to oppose the sale of the enterprise business unit of Canadian telecom-equipment maker Nortel Networks' to Avaya Inc for $475 million, citing public safety and security concerns.

Corporate outlooks, bonds sale lift Wall Street

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Stocks rose on Thursday as a brighter outlook from consumer product company Procter & Gamble and a successful Treasury debt auction put Wall Street on pace for a fifth straight session of gains.

Suntory, itself for sale, in talks to buy Orangina

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Japanese brewer Suntory Holdings is in talks to buy soft drinks maker Orangina from private equity funds Blackstone Group and Lion Capital, as it pushes for growth outside a shrinking beer market at home.
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RBS mulls sale of aviation leasing arm: source

Royal Bank of Scotland has appointed Goldman Sachs to consider a sale or other options for RBS Aviation Capital, one of the world's biggest plane leasing businesses, a person familiar with the matter said.
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Citi sale of Japan's Bellsystem24 heats up

Global buyout firms including Permira and KKR KKR.UL are set to bid for a core Citigroup asset next week in a deal worth more than $1 billion, grabbing a rare opportunity for them to chase big investments in Japan.
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Specialists Offer Short-Sale Help

Short sales now account for the majority of some real estate agents' transactions. To ensure they have plenty of time to list and show properties, many of these agents are working with short-sale negotiators, who spend much of their time on the phone negotiating with lenders on behalf of sellers.
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Dow Jones exploring sale of indexes business: report

Dow Jones & Co Inc has been talking to potential buyers about the sale of its stock market index business, including the Dow Jones industrial average , the company's Wall Street Journal reported on its website.
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Dow Jones explores sale of indexes business: report

Dow Jones & Co Inc has been talking to potential buyers about the sale of its stock-market indexing business, which includes the Dow Jones Industrial Average , The Wall Street Journal reported on Friday.
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Citigroup shares gain on asset sale optimism

Citigroup Inc shares rose as much as 6 percent to their highest in more than three months on growing confidence that the embattled bank would become more profitable as it unloaded troubled assets.
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GM board to meet on Friday on Opel sale: sources

General Motors GM.UL board of directors will discuss on Friday the sale of its European business Opel, for which both Magna (MGa.TO) and RHJ (RHJI.BR) are in the hunt, several sources close to the deal said.
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BHP hires BofA-Merrill for Ravensthorpe sale: source

BHP Billiton has hired Bank of America-Merrill Lynch to advise it on a sale of its Ravensthorpe nickel operation in an auction which could fetch $1 billion, a source with direct knowledge of the matter said on Friday.
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GM says no deal with Magna yet on Opel sale

General Motors' top negotiator for the sale of its European business took issue on Friday with assertions that Opel suitor Magna had struck a deal in principle on a contract for the deal.
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Blackstone says planning sale of notes

Private equity firm Blackstone Group plans to sell bonds in the private placement market through a unit called Blackstone Holdings Finance, the firm said on Wednesday.
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VW, Porsche broadly agree outline of sale-sources

Volkswagen (VW) (VOWG.DE) and Porsche (PSHG_p.DE) have broadly agreed on details for a deal to combine two of Europe's most storied automakers, two VW supervisory board members told Reuters on Wednesday.

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