UPDATE 4-Gartmore plans IPO to cut H&F stake, debt ... H&F's stake will fall below a majority position from about 52 percent at present, a company spokeswoman said, although she declined to give further details.
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www.reuters.com/article/idUSTRE5AJ2Y520091120
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Dubai Holding cuts EFG stake, debt issues on horizon. A unit of Dubai Holding has sold a 7 percent stake in Egyptian investment bank EFG Hermes (HRHO. ...
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rupertbumfrey.blogspot.com/2009/12/dubai-holding-cuts-e...
rupertbumfrey.blogspot.com/2009/12/dubai-holding-cuts-efg-stake-debt.html
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DUBAI/CAIRO, Dec 9 (Reuters) - A unit of Dubai Holding has sold a 7 percent stake in Egyptian investment bank EFG Hermes for $120 million, a TV station reported, in a sign the emirate's debt crisis is moving beyond troubled Dubai World.
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www.finanznachrichten.de/nachrichten-2009-12/15663843-u...
www.finanznachrichten.de/nachrichten-2009-12/15663843-update-2-dubai-holding-cuts-efg-stake-debt-issues-on-horizon-020.htm
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ABN AMRO Holding N.V. of the Netherlands posted an 11 percent surge in net profit for the second-quarter, but is forecasting slower growth for the rest of the year. ... After the failed bid for Banca Antonveneta S.p.A., Chief Executive Officer Rijkman Groenink has indicated that ... Publisher: Dow Jones Publishing Co.
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www.faqs.org/abstracts/Business-international/ABN-posts...
www.faqs.org/abstracts/Business-international/ABN-posts-higher-net-shifts-strategy-for-Italian-bank-stake.html
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Hong Kong-based Pacific Century CyberWorks Ltd. saw its stock fall after Cable and Wireless PLC announced that it was selling its remaining stake in the company as part of a $1.5 billion exchangeable bond issue. Separately, China Unicom Ltd. posted a profit for the year 2000 that more than doubled analyst expectations.
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www.faqs.org/abstracts/Business-international/China-Uni...
www.faqs.org/abstracts/Business-international/China-Unicoms-fund-raising-grabs-Western-attention-PCCWs-woes-continues-as-Cable-and-Wireless-unload.html
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Feb. 2 (Bloomberg) -- Arrow Energy Ltd., Royal Dutch Shell Plc’s coal-seam gas partner in Australia, said selling a stake in its liquefied natural gas project in the state of Queensland is among options for financing the venture. ... Arrow Energy may also take on debt, sell shares or find an investor to help develop...
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www.bloomberg.com/apps/news?pid=20601081&sid=a3Dzt2MgU0...
www.bloomberg.com/apps/news?pid=20601081&sid=a3Dzt2MgU07c
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Payzone cuts debt by sale of stake to Duke Street. Monday, 8th February 2010. PRIVATE EQUITY. PRIVATE Equity firm, Duke Street, has acquired a majority ...
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www.cityam.com/news-and-analysis/payzone-cuts-debt-sale...
www.cityam.com/news-and-analysis/payzone-cuts-debt-sale-stake-duke-street
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Apparently, the banks and funds that own most of General Motors' outstanding bonds were not too thrilled with the idea of writing down $27 billion in loans for a mere 10% stake in the restructured company. In response to GM's proposal to swap debt for stock, a committee of bondholders has made a counter offer.
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www.autoblog.com/2009/04/30/gm-creditors-want-majority-...
www.autoblog.com/2009/04/30/gm-creditors-want-majority-stake-in-exchange-for-debt/
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Calcutta, Sept. 15: McLeod Russel has placed a 2.7 per cent stake with a foreign institutional investor (FII) to reduce debt on its books.
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www.telegraphindia.com/1060916/asp/business/story_67529...
www.telegraphindia.com/1060916/asp/business/story_6752917.asp
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