SALE

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Sonatel share sale to France Telecom abandoned

DAKAR - Senegal has abandoned a planned share sale that would have handed majority ownership of state telecoms company Sonatel to France Telecom, government and union officials said on Friday.

Citi to use Nikko sale to ease stress test demands: report

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Citigroup Inc executives are using the sale of its Japanese retail brokerage Nikko Cordial to ease demands from the U.S. stress tests on banks, arguing the sale of non-core assets such as Nikko would strengthen its balance sheet, the Financial Times reported, citing people close to the matter.

Fortis shareholders approve asset sale to BNP Paribas

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France BNP Paribas said Wednesday it has approved its sales from the Belgium Fortis Holding’s shareholders, in a deal that builds a new industry as the biggest banking group across the Europe by €540 billion or $706 billion deposits.
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Fiat moves into frame as GM pursues Opel sale

Struggling U.S. carmaker General Motors Corp is moving nearer to a deal to offload its Opel unit, having found a prospective buyer in Italy's Fiat SpA , an Opel supervisory board member said on Thursday.
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Goldman Sachs mulls stock sale to repay TARP money: report

Goldman Sachs Group Inc is considering making a multibillion dollar share offering to investors as part of its efforts to repay a $10 billion government loan, the Wall Street Journal reported citing people familiar with the matter.
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SEC offers short sale curbs, traders irked

U.S. securities regulators floated five new proposals to curb short selling, drawing fire from short sellers who feel they are being made scapegoats for the financial crisis and stock market plunge.
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SEC to seek comment on short sale curbs

U.S. securities regulators will seek public comment on five proposals to curb short selling, blamed by some lawmakers and executives for deepening the financial crisis and driving down share prices.
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SEC seeks comment on short sale curbs

U.S. securities regulators will seek public comment on five proposals to curb short selling, blamed by some lawmakers and executives for deepening the financial crisis and driving down share prices.
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SEC seeks comment on proposed short sale curbs

Proposals for curbing short selling, blamed by some U.S. lawmakers and executives for worsening the financial crisis and driving down share prices, will be issued for public comment.
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SEC puts short sale curb ideas out for comment

The U.S. Securities and Exchange Commission voted unanimously on Wednesday to issue proposed curbs on short selling, including a return of the uptick rule, for a 60-day public comment period.
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AIG's asset management division gets bidders: report

About half a dozen investment managers have put forward bids, ranging between $400 million to $800 million, for troubled insurer American International Group's asset management business, the Wall Street Journal reported, citing people familiar with the matter.
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SEC mulls 2 short sale circuit breakers: source

U.S. securities regulators are crafting two types of 'circuit breakers' to restrict short selling, a type of investing often blamed by executives for declines in the stocks of their companies, a source familiar with the proposals told Reuters on Monday.
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Wall St. rallies late as data offsets bond sale gloom

Stocks rose in a late rally on Wednesday as unexpectedly strong housing and durable goods data fueled hopes the economy is finally on the mend, offsetting concerns the United States may struggle to fund plans to pull the economy out of recession.
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Wall St. in late rally as data offsets bond sale woe

Stocks rose in a late rally on Wednesday as unexpectedly strong housing and durable goods data fueled hopes the economy is finally on the mend, offsetting concerns the United States may struggle to fund plans to pull the economy out of recession.
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Ford holding detailed talks on Volvo cars sale

Ford has moved a step closer to a sale of its loss-making Swedish brand, Volvo Car Corp, opening detailed discussions with potential buyers, it said in a message to Volvo employees on Wednesday.
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Goldman mulls ICBC stake sale: report

Goldman Sachs Group may sell part of its 4.9 percent stake in Industrial and Commercial Bank of China , the Wall Street Journal reported on Monday, citing people familiar with the matter.
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Barclays eyes iShares sale, shares surge

British bank Barclays Plc said it is considering selling iShares, part of its fund management arm, and said it was trading strongly, sending its stock up by more than a fifth.
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Barclays confirms talks on iShares sale

British bank Barclays Plc on Monday confirmed it had discussed selling its iShares unit and said it was trading strongly, sending its shares up by more than a fifth.
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Barclays confirms talks on potential iShares sale

British bank Barclays Plc confirmed it had discussed selling its iShares unit, sending its stock sharply higher on Monday on hopes it will be able to avoid issuing new shares to bolster its capital.
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Sara Lee weighs sale of European business: report

Sara Lee Corp , which is focusing on its core food and beverage business, is examining a sale of its European household and personal-care business, the Wall Street Journal said, citing people familiar with the matter.

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