Royal & Sun completes sale of its U.S. operation
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British insurer Royal & Sun Alliance  (RSA) said on Monday it had completed the disposal of its U.S. operation to Arrowpoint Capital Corp., the company set up by the unit's management, causing its shares to rise.
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The sale of Riggs National Corp.  RIGS.O to PNC Financial Services Group Inc. PNC.N was  resurrected on Thursday, with Riggs agreeing to accept a 16  percent cut in the purchase price.
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American Electric Power closed today on the sale of its 50 percent interest in South Coast Power Limited, owner of the Shoreham Power Station (also known as the Brighton Power Station) in the United Kingdom, to ...
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Russia completed the dismantling of Yukos Oil today, selling off the country's largest oil subsidiary to a company that was essentially unheard of until three days ago.
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Pursuant to the terms of the agreement, the Santa Clara, Calif.,-based Sun will acquire SevenSpace in an all-cash transaction for an undisclosed amount.
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The company has announced the sale of its part share in the Laminaria and Corallina oil fields to the British-owned Paladin Oil &amp; Gas.
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The second-largest radio company in the U.S. based on station count has agreed to sell the company to a group of investors that includes the broadcasterâs chief executive.
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Parker Hannifin Corp., a maker of motion-control equipment, said Monday it completed its acquisition of refrigeration and air conditioning company Sporlan Valve Co.
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American Electric Power Co. concluded the sale Tuesday of its 50 percent interest in South Coast Power Limited, completing AEP's divestiture of assets in the United Kingdom.
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TORONTO (CP) - Celestica Inc. has inked a deal to sell its power systems business to C&amp;D Technologies of Pennsylvania for an undisclosed amount.
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The sale, for $1.76 billion in cash, is the final step in American Standardâs plan to split into three companies.
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Limited Brands said that it had agreed to sell 75 percent of its namesake clothing chain to a buyout firm, Sun Capital Partners.
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Host Marriott Corp. said Wednesday that it is selling a majority of its stake in Courtyard hotels to an institutional investor for $92 million in a move to divest a noncore asset.
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The sale, for 1.76 billion in cash, is the final step in American Standardâs plan to split into three companies.
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The foods division of retailer La Rinascente SpA is being sold to French supermarket retailer Auchan SA in a deal worth 1.06 billion euros (&#36;1.36 billion).
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Bayer continued with its strategic refocusing, announcing on Monday the sale of its plasma business to two US private capital funds.
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The unit was sold for $10.3 billion to a group of private equity firms that will take an equal stake in the company.