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MUMBAI: India’s government said it will sell a 5% stake in top power producer NTPC Ltd through a stock market auction, with a greenshoe option to sell another 5% in a deal that could raise up to US$2.2bil (RM9.4bil).
PETALING JAYA: Tan Sri Vincent Tan is not looking to sell the Cardiff City Football Club, though he is open to offers, BBC reports.
TORONTO (Reuters) - In the mysterious world of diamond mining, it turns out that some stones are too big to sell.
SEOUL: South Korea will attempt to sell a 30% stake in Woori Bank by the end of this year in a move that could recoup nearly US$2bil of taxpayer money spent bailing out the bank nearly two decades ago, having tried and failed to sell a majority stake four times since 2010.
ERIE, Pa.: U.S. President Donald Trump said that Wednesday's stock market sell-off was in fact a long-awaited "correction," and that the Federal Reserve, which has been raising U.S. interest rates, had gone "crazy."
NEW YORK: If more oil and gas companies want to follow Enbridge Inc’s lead and sell renewable energy assets, there are plenty of institutional investors ready to pounce.
KUALA LUMPUR: Veon Ltd. is in advanced talks to sell wireless towers in Pakistan to a unit of Axiata Group Bhd., the biggest Malaysian mobile operator.