Ownership changes news and stories by mail.com

Ownership changes

ING to sell stake in US arm for up to $1.5 billion
ING Groep NV says it will sell a 25 percent stake in its U.S. arm for around $1.4-$1.5 billion in an initial public offering, as part of measures ...
Daimler selling rest of EADS stake
Automaker Daimler AG says it is selling its remaining 7.5 percent stake in EADS, the parent company of aircraft manufacturer Airbus. Daimler helped ...
Dutch coffee company DEMB agrees to $9.8B buyout
The management of Dutch coffee maker D.E. Master Blenders 1753 NV says it has agreed to a 7.5 billion euro ($9.8 billion) buyout offer from a group ...
Fiat-Chrysler merger path to clarify
The CEO of Fiat, the Italian carmaker that controls Chrysler, said Tuesday he expects to have "clarity" by the end of the year on how it will achieve ...
Lagardere sells entire stake in EADS
French media company Lagardere says it has sold its entire 7.4 percent stake in European aerospace and defense giant EADS. EADS, the parent to plane ...
Greece: Stalled bank merger tests investors
Greek banks NBG and Eurobank on Monday said their planned merger has been postponed, causing huge volatility in their share price amid fears they may ...
EU clears Random House, Penguin merger deal
The European Union's antitrust watchdog on Friday gave its green light to the proposed merger of Penguin and Random House that will create the world's ...
Lagardere to sell off stake in EADS by July
Lagardere has confirmed its intention to sell its stake in European aerospace and defense giant EADS by the end of July. The French multinational ...
Greece's creditors start new austerity inspection
Greece's conservative prime minister said the country is showing its first signs of recovery, as international debt inspectors returned to Athens ...
Greece ends tax spat ahead of new inspection
Parties in Greece's coalition government announced a compromise Wednesday over an emergency tax seen as a symbol of harsh austerity measures — a move ...
Poland presents plan for privatizing airline
The Polish government has devised a plan to sell off LOT airlines, the deeply indebted state-run flag-carrier. Revealing the draft law for the ...
RWE sells Czech gas pipeline operator
German energy company RWE AG says it has signed a deal to sell Czech pipeline operator Net4GaS to a consortium that includes German insurer Allianz ...
Leeds owner sells 10 percent stake to Bahrain bank
The Bahraini owner of Leeds has sold 10 percent of the English football club to a bank from the Gulf island. GFH Capital has diluted its stake three ...
United Technologies sells power systems business
United Technologies Corp. is selling a former Goodrich Corp. electric power systems business for about $400 million to French aerospace manufacturer ...
Rosneft finalizes acquisition of TNK-BP
Russia's state-controlled Rosneft says it has sealed deals to gain control of TNK-BP and become the world's largest publicly traded oil producer.
Greek bailout program review hits snag
Inspectors from Greece's rescue lenders delayed a meeting with the prime minister which had been scheduled for Tuesday after talks stalled over tax ...
Cash-strapped Greece puts govt buildings on block
Greece's cash-strapped government detailed Monday its plans to sell 28 state-owned buildings on long-term lease, including tax offices, ministry ...
Key dates in Hugo Chavez's political life
Key events in Hugo Chavez's life: Feb. 4, 1992 — Army paratrooper Lt. Col. Chavez leads botched coup against President Carlos Andres Perez.
Germany's RWE to quit oil, gas production
German energy company RWE AG says it is has decided to abandon production of crude oil and natural gas and will consider options for selling its oil ...
Residents symbolically bury bankrupt Bosnian town
If a town is dying, doesn't it at least deserve a decent funeral? With candles, speeches and an obituary poster reading "Town of Drvar 1883 - 2013," ...
Nationalized ABN Amro sees 2012 profits rise
ABN Amro, the Dutch bank that was nationalized in 2008 to prevent a meltdown of the Netherlands' financial system, says profits rose 43 percent in ...
Argentine nationalization dents Repsol's profits
Spanish oil and gas company Repsol blamed the nationalization of YPF, its former Argentine unit, and a drop in the value of its oil inventories for ...
Ireland to end state guarantee to bank bondholders
The Irish government announced Tuesday it will no longer insure the bonds of its three surviving banks, ending an infamous chapter in the country's ...
Shell to buy Repsol LNG assets for $6.2 billion
Royal Dutch Shell says it has struck a deal with Spain's Repsol SA to buy Repsol's liquefied natural gas assets in Peru and Trinidad & Tobago in a ...
Conservative wins critical Cyprus presidency vote
Conservative candidate Nicos Anastasiades won Cyprus' presidency Sunday by one of the widest margins in 30 years, promising to do what it takes to ...