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Aviva says sells stake in S.Korea venture

London - British insurer Aviva has agreed to sell its stake in its South Korean venture for an undisclosed amount as it focuses on its core Asian businesses, the group said Monday.

Anglo American 'mulls sale of S.African platinum mines'

Johannesburg - Anglo American's chief executive has hinted that the mining titan is looking to offload its strike-hit South African platinum mines to concentrate on open-cast extraction.

Ireland sells part of state gas firm

Dublin - Ireland's government on Tuesday said it had agreed to sell part of state gas firm Bord Gais Eireann under a privatisation programme following Dublin's exit from an EU-IMF bailout.The company said in a statement that it would sell its gas and electricit...

Royal Bank of Scotland seeking to sell US unit: report

London - Britain's state-rescued Royal Bank of Scotland held initial talks with Japan's Sumitomo Mitsui Financial Group about the sale of US retail division RBS Citizens, the Wall Street Journal reported Monday.The WSJ, citing sources familiar with the discussi...

Standard Chartered mulls selling divisions

London - Standard Chartered bank is seeking to sell about six units in Asia, Europe and the Middle East, the Wall Street Journal reported Tuesday citing people familiar with the matter.The Asia-focused bank is in "advanced talks" to offload Standard Chartered S...

Versace to sell 20% stake to Blackstone of US

Rome - Italian family-run fashion house Versace said on Thursday it had agreed to sell a 20-percent stake to US private equity firm Blackstone in a deal that values the group at 1.0 billion euros ($1.4 billion).The company said in a statement that Blackstone ...

Deutsche Bank gets green light to sell BHF Bank

Frankfurt - The way is clear for Deutsche Bank to sell its BHF-Bank unit to Kleinwort Benson Group after the German financial watchdog said o Friday it had no objections to the deal.

Shell to sell three North Sea assets

London - Anglo-Dutch energy giant Royal Dutch Shell said on Friday that it will sell three major assets in the North Sea, to focus on growth opportunities.Shell said in a statement that it will look to sell its interests in the Nelson and Sean platforms, and in...

Shell sells stake in Brazil oil field for $1bln to Qatar

London - Anglo-Dutch energy giant Royal Dutch Shell said on Wednesday that it has sold a large stake in an offshore Brazilian oil field to Qatar for about $1.0 billion.

Shell to sell Australian energy interests

London - Energy giant Royal Dutch Shell announced on Monday the sale of stakes in Australian natural gas assets for more than one billion US dollars to a Kuwaiti state company.Shell said it had agreed to sell its 8.
 

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