EU clears sale of KB Home division
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KB Home can sell its French homebuilding division Kaufman &amp; Broad to private equity fund PAI Partners, European Union regulators ruled Friday.
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The EU was ready to announce a settlement today of its long-running antitrust case against Coca-Cola. after the soft drinks giant agreed to modify its sales practices in Europe.
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The Dutch retail giant Ahold said Tuesday it had finalised the sale of its US division US Foodservice to private equity funds Clayton, Dubilier, Rice and Kohlberg Kravis Roberts for 7.1 billion dollars (5.2 billion euros).
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As previously announced, KB Home's past stock option grant practices are  being investigated by the Securities and Exchange Commission. The  Department of Justice is also looking into these practices but has  informed KB Home that it is not a target of this investigation.
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Dutch chemical group Akzo Nobel  said it will be able to sell some of its British and Irish paint businesses as part of its divestment plan with European regulators who approved its 8 billion pound ($16.3 billion) acquisition of Britain's ICI
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The European Commission approved a multi-billion pound bailout of the nuclear group British Energy, after securing guarantees that the company would not breach EU competition rules.
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Shareholders approved Aether Systems Inc.'s sale of one of its two remaining operating divisions yesterday, a deal that will take the Owings Mills company out of the wireless business and nearly complete its transformation into a mortgage investment fund.
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The sale by the to institutional investors leaves the group without a dominant shareholder and better able to take part in the consolidation of the fragmented domestic defence market as well as the wider ...
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Steel company ThyssenKrupp AG said Wednesday it has sold some 48,000 residential housing units in western Germany for euro2.1 billion (US$2.8 billion) to a consortium of real estate funds of US bank Morgan Stanley and Germany&#39;s Corpus-Immobiliengruppe.
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BT Group, the privatised former British telecoms monopoly, has sold its entire holding in the French satellite operator Eutelsat for Â£363m.
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The European Commission gave the go-ahead for theÂ â¬675 million saleÂ ($887 million) of AOLâs German Internet service provider to Telecom Italia on Wednesday, after a month-long probe of the deal.
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- Home Depot Inc  said it completed the sale of its wholesale supply business, HD Supply, to buyout firms on the same terms announced earlier this week.
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The German state has decided to sell its 38-percent stake in the distressed bank IKB, one of those hit hard by the US home loan debacle, a press report said Wednesday.
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Private U.S. equity firm Cerberus won approval from the European Commission on Tuesday to buy the Chrysler operations of auto giant DaimlerChrysler , under a simplified procedure.
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EuroDisney, the European home of Mickey Mouse and friends, says it will sell 253m euros of new shares as it looks to avoid insolvency.
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The European Commission today cleared the way for Oracle Corp.&#39;s hostile takeover of PeopleSoft Inc. removing one of the deal&#39;s few remaining hurdles.
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European Union antitrust regulators on Tuesday cleared Oracle Corp.&#39;s hostile $7.7 billion bid for rival business software maker PeopleSoft Inc.