Ritchie Capital says in talks to sell main fund
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Ritchie Capital Management LLC, a large Chicago-based hedge fund group, on Wednesday said it is in talks to sell its main Multi-Strategy Global fund in a deal that it said could be worth $1 billion, a spokesman said.
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Bear Stearns is in serious talks to sell as much as 20 percent of the firm, with several individual investors, including Warren E. Buffett, expressing an interest.
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The owners of the Northern Bank have confirmed for the first time that it may be on the market. The National Australia Bank has said it will consider selling its operations on both sides of the Irish border.
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Banknorth Group Inc.'s biggest investors are voicing concerns about the proposed sale of a controlling stake to Toronto-Dominion Bank .
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Ritchie Capital Management is said to be close to an agreement to sell the assets in its flagship multi-strategy fund for about $1 billion.
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WASHINGTON (CBS.MW) -- Norilsk Nickel (NILSY) , the Russian mining company that&#39;s the largest shareholder in Gold Fields Ltd. (GFI) , has held &quot;preliminary&quot; talks aimed at exploring alternatives to the offer
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TD Bank Financial Group is discussing "a possible transaction" with the Northeast regional banking company Banknorth Group Inc., the companies confirmed Wednesday amid reports that the Canadian bank was seeking ...
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First Choice Holidays confirms it is in talks over the possible sale of its package holiday business, following weekend reports.
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UK lender Barclays says it is in talks with South Africa's Absa about buying a majority stake in the bank.
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AFX reports from London that the bank said talks are at an early stage and that it would not issue new equity to fund the potential purchase.
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United Airlines said yesterday that it might sell all or part of its maintenance operations to outside investors to raise cash to modernize and expand the unit.
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JPMorgan is said to be arranging an auction.
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Owners of the AA, Britain's largest motoring group, plan to either sell or float it on the stock market, a report suggests.
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PERTH (Dow Jones)--Financially distressed Australian mining company Sons of Gwalia Ltd. (SGW.AU) said Monday that it has been approached by several parties interested in buying its gold business.
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Lazard's board is set to meet to consider  a sale of shares to the public that could end a long history of  private ownership at the independent investment bank and  possibly buy out the bank's founding family.
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Officials from Merrill Lynch, Bear Stearns and other major banks are in talks to bail out ACA Capital Holdings, according to two people briefed on the situation.
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Cable and Wireless is in preliminary talks with pensions buy-out firms over the possible sale of its &pound;2bn ($4.1bn) pension fund, which would clear the way for a demerger of the company's UK and international businesses.