EDF Raises &#36;3.17 Billion in Total Sale
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Electricite de France said it raised 2.57 billion euros (&#36;3.17 billion) from the sale of its 2.3 percent stake in French oil company Total SA on Wednesday.
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(Corrects in third paragraph to show foundation selling 200 million euros' worth of existing shares, not 200 million shares)
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eBay Inc.  offered about &#36;530 million to buy the remainder of South Korean affiliate Internet Auction Co. Ltd. as it pushes deeper into Asia, saying key shareholders had accepted a 79 percent increase to an earlier offer.
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The online retailer announced Tuesday that its second-quarter net income increased more than threefold, with revenue up 35 percent.
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The chief executive of state-controlled French electricity giant EDF said Tuesday that the sale by the government of a further stake in the group would be &quot;good news.&quot;
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Assets of the nation's retail money market mutual funds rose by &#36;1.34 billion in the latest week to &#36;826.03 trillion, the Investment Company Institute said Thursday.
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Private equity firms are setting records in the size of Asian buyout funds, adding to an existing pool of more than $35 billion that is waiting to be invested in deals in the region.
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European equities were higher on Friday, led by French power supplier EDF after a court criticised government energy tariff controls.
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Edison International (EIX.N: Quote, Profile, Research) on Friday posted a 49 percent increase in third-quarter earnings, with most of the earnings coming from completed and planned asset sales.
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EBay Inc. offered about &#36;530 million to buy the remainder of South Korean affiliate Internet Auction Co. Ltd. as it pushes deeper into Asia, saying key shareholders had accepted a 79 percent increase to an earlier offer.
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Company confirms double-digit price rises for gas and electricity
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HONG KONG Air China, the nation&#39;s biggest international carrier, has raised 8.36 billion Hong Kong dollars, or $1.08 billion, in an initial public offering after pricing its shares at the high end of a target range, bankers involved in the sale said
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Edison International EIX.N on Friday  posted a 49 percent increase in third-quarter earnings, with  most of the earnings coming from completed and planned asset  sales.
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Shareholders in French theme park operator Euro Disney (EDLP.PA: Quote, Profile, Research) on Friday backed plans for a capital increase of at least 250 million euros as part of a crucial restructuring effort.
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Enel SpA, Italy&#39;s biggest utility, will receive 1.9 billion euros ($2.3 billion) in investment compensation from the government and will raise additional cash from asset sales that will be used to boost dividends.
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Health insurer Humana Inc. reported a 36 percent increase Monday in third-quarter earnings, driven by solid performance in a number of the company&#39;s business lines.
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The REIT bought a 4.3% stake worth &#36;330 million in the retailer, which has significant real estate holdings.