Spanish Banco Santander completes disposal of Columbian unit
Spain's Banco Santander SA (MCE:SAN) said on Monday it had concluded the second and final phase of the sale of its Colombian business to Chilean lender CorpBanca (SCL:CORPBANCA). In early…
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Li Ka-shing closes in on a stake in Manchester Airport
Cheung Kong Infrastructure Holdings Limited (HKG:1038), or CKI, the infrastructure investment vehicle controlled by Hong Kong billionaire Li Ka-shing, has been left with one rival in the race for a…
Morgan Stanley unit invests in India’s Continuum Wind Energy
Morgan Stanley Infrastructure Partners, a unit of US investment banking major Morgan Stanley (NYSE:MS), has agreed to invest INR12bn (USD210m/EUR167m) in Continuum Wind Energy, acquiring a majority stake in the…
EC refers Shell’s sale of Shell Aviation Espana to Disa to local competition regulator
The European Commission (EC) said on Friday it had sent to the Spanish competition regulator for review the planned deal by Royal Dutch Shell plc (LON:RDSA) to sell a stake…
Indonesia’s national oil company PT Pertamina acquires Harvest’s Venezuelan assets
HNR Energia BV, a wholly owned subsidiary of US oil exploration company Harvest Natural Resources Inc (NYSE: HNR), has entered into a definitive share purchase agreement (SPA) that will see…
America Movil’s secures a 21% stake in Dutch KPN
Mexican telecommunications group America Movil SAB de CV (NYSE:AMX) announced it had reached a 20.92% ownership level in Royal KPN NV (AMS:KPN) after buying further shares of the Dutch telecommunications…
Indian outsourcing firm WNS acquires BGL’s South African unit
India-based business process outsourcing (BPO) firm WNS (Holdings) Ltd (NYSE:WNS) said on Thursday it had taken over South African peer Fusion Outsourcing Services (Pty) Ltd from a unit of British…
London-listed Sage enters Brazilian market with £125m acquisition of Folhamatic
British business management software firm Sage Group Plc (LON:SGE) unveiled on Wednesday its entrance into the Brazilian market through the GBP125m (USD197m/EUR155m) acquisition of a 75% stake in local accounting,…
Home Retail Group reports slowdown in sales decline at Argos
UK-based household goods retailer Home Retail Group plc (HRG) (LSE:HOME), which owns Argos and Homebase, reported today that sales at Argos fell at a slower rate in its first quarter,…
Private equity firm KKR banks $2bn from sale of Alliance Boots stake
US private equity firm Kohlberg Kravis Roberts & Co LP (NYSE:KKR) said on Tuesday it would receive USD2bn (EUR1.6bn) in cash and stock from the sale of its stake in…
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