Fortis to sell shares in US unit Assurant for more than 800 mln dollars
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Belgian-Dutch banking and insurance group Fortis said it planned to cut its 36-percent stake in its separately listed US unit Assurant, generating a gain of more than 800 million dollars (595 million euros).
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Aon Corp  one of the world's largest insurance brokers, said on Monday that it has agreed to sell two units for about $2.75 billion, and will devote the proceeds of the deal to a share buyback.
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Morgan Stanley's  real estate unit said on Thursday it would buy Australia's Investa Properties Ltd.  for A$4.7 billion (US$3.9 billion), the latest in a string of property takeovers by the U.S. investment bank.
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U.S.-owned property developer AIG/Lincoln Hungary has sold Alkotas Point, a 24,000 square-meter office building in Budapest's District 12, to German investment fund operator SachsenFonds GmbH, the BBJ learned ...
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Legg Mason Inc. LM.N, one of the  fastest-growing U.S. asset management companies, on Wednesday  said it plans a public offering of 4 million shares, a sale  that could raise almost $300 million.
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Prudential announced plans to sell new shares worth one billion pounds (1.44 billion euros, 1.80 billion dollars) to expand in its home market and comply with new regulations.
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NEW YORK, June 22  /PRNewswire-FirstCall/ -- Advanced Technology Acquisition Corp.  announced today that it has completed an initial public offering of 21,562,500 units, including 2,812,500 units issued upon exercise of the underwriters' over-allotment option.
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A 30 percent stake in Hewlett-Packardâs Chinese operations is up for sale to the highest bidder as the companyâs Chinese partner looks to sell its shares.
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Fortunoff, the jewelry and home furnishings company founded in 1922, is expected to announce today that it will sell its business to Trimaran Capital Partners, a private equity firm, in a deal that values the chain at $280 million.
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Aon Corp , one of the world's largest insurance brokers, said on Monday it has agreed to sell two units for about $2.75 billion and will devote the proceeds of the deal to a share buyback.
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Hong Kong property firm Chinese Estates Holdings Ltd.  is in talks with investors on a possible buyout of the firm, valued at more than US$4 billion, sending its shares up as much as 30 percent to a record high.
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Insurance firm Royal & Sun Alliance sells its US operations to a company set up by its management team for Â£158m.
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IKB Deutsche Industriebank AG, wracked by losses from the U.S. subprime mortgage crisis, will sell 1.5 billion euros ($2.2 billion) in shares as part of a government-sponsored bailout, provided its shareholders agree to the move.
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G.E. said it agreed to sell its advanced materials business for about $3.8 billion and use the income to expand its industrial division.
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MOSCOW  - Assets of Russia's beleaguered Yukos oil company should be sold for at least &#36;15 billion US, a senior official said Monday, as the company's main production unit is evaluated for sale against a crushing back-tax bill.
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BlackRock Inc., the largest publicly traded US mutual-fund company, agreed to buy the investment unit of Quellos Group LLC for as much as $1.7 billion, more than doubling its hedge-fund assets.
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British property firm Segro has agreed to sell its U.S. life sciences real-estate business to Health Care Property Investors Inc. for $2.9 billion as it moves to focus on Britain and continental Europe.