Aon to sell two units for $2.75 bln, boost buyback
612280
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.
359113
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.
447607
NEW YORK/LONDON  - 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 use the proceeds to buy back shares.
556689
Select Medical Corp. SEM.N, which  operates acute care hospitals, said on Monday it struck a deal  to be taken private in a $2.3 billion buyout led by a private  equity group, sending shares soaring 23 percent.
57737
Merrill Lynch & Co Inc , hit by huge subprime mortgage losses, said on Monday it would boost its capital by selling up to $6.2 billion worth of discounted new stock to Singapore's Temasek Holdings and Davis Selected Advisers.
425221
American Electric Power Co. Inc.  AEP.N on Tuesday said it agreed to sell its 25.2 percent  stake in the South Texas Project nuclear plant to two of the  plant's co-owners for about $332 million.
339031
The real estate arm of diversified  conglomerate General Electric Co.  agreed on Wednesday to  buy a $2.2 billion portfolio of U.S. industrial, residential  and commercial properties, but said it would sell some retail  properties to another investor.
720918
The No. 2 grocer reports double-digit gains in sales and earnings after recent acquisitions.
419773
As part of an ongoing effort to distance itself from the ISP business both domestically and in Europe, AOL parent Time Warner said Monday it is selling AOL Germany to Telecom Italia for about $870 million in cash.
730059
SYDNEY: Anglo-Australian mining group BHP Billiton Ltd. said it had completed an off-market share buyback worth A$2.27b (US$1.77b).
95435
[Business India]: New Delhi, Nov 8 : General Electric Co., the world&#39;s top conglomerate, today announced that it has sold a majority of its pioneering Indian back-office unit to two private equity firms for 500 million dollars to help the subsidiary gain
566057
The shedding of AOL's international operations continued Thursday as Time Warner announced it had sold its AOL France division to Internet service provider Neuf Cegetel in a 288 million euros. Talks to sell AOL UK are continuing.
747082
Chemicals maker to repurchase $2B of its shares.
718859
ABB, the Swiss engineering company, will sell an oil and gas production plant, Lummus Global, to the Chicago Bridge and Iron Company for $950 million, ABB said. The buyout, subject to approval by regulators and Chicago Bridge shareholders, is expected to close in the fourth quarter, ABB said. ABBâs chief executive, Fred Kindle, said the sale was the final step in his companyâs strategy to focus on power and automation technology. Lummus Global provides proprietary process technologies, project management, engineering and procurement services to the oil and gas industry. It has 2,400 employees and reported sales of $988 million last year. Chicago Bridge is based in the Netherlands.
704065
Sallie Mae  said on Wednesday it plans to sell about $2.5 billion of stock and mandatory convertible securities to help pay off derivatives contracts that amounted to a bet that its share price would keep increasing.
548184
Investors in Time Warner Inc. ,  whose shares touched a two-year low in mid-July, are seeking  signs of a turnaround on August 2, when the world's largest  media company is set to introduce its fourth plan in five years  to save its online unit AOL.
547470
NEW YORK/LONDON  - 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 use the proceeds to buy back shares.