(AFX UK Focus) 2010-06-17 09:39 UPDATE 2-Plastic Omnium to buy Solvay stake in fuel tank JV
AMSTERDAM/PARIS, June 17 (Reuters) – Belgian drugs, chemicals and plastics maker Solvay is selling its 50 percent stake in vehicle fuel tank supplier Inergy Automotive Systems to French car parts maker Plastic Omnium. Inergy Automotive, jointly owned by Solvay and [...]

(AFX UK Focus) 2010-06-11 01:45 CORRECTED-India defers decision on stake sale in state firms
NEW DELHI, June 10 (Reuters) – India’s federal cabinet on Thursday deferred a decision to sell stake in state-run Coal India and miner Hindustan Copper Ltd, Mines Minister B.K. Handique told reporters. India is planning to sell stake in the two firms [...]

(AFX UK Focus) 2010-05-31 15:23 UPDATE 1-Kuwait sovereign fund may sell Zain stake – report
KUWAIT, May 31 (Reuters) – Kuwait Investment Authority (KIA), the country’s sovereign wealth fund, may sell its 24.6 percent stake in telecoms firm Zain, according to a newspaper report on Monday. But the fund denied it sought help to evaluaute the [...]

(AFX UK Focus) 2010-05-26 04:06 Mahindra to buy stake in electric car firm -source
MUMBAI, May 26 (Reuters) – India’s Mahindra & Mahindra is set to announce on Wednesday it is buying a stake in an electric car company, a source with direct knowledge of the matter said on Wednesday. Mahindra, India’s largest utility vehicles and [...]

Vodafone Said to Be in Talks to Sell Egypt Stake (Update1)
May 21 (Bloomberg) — Vodafone Group Plc is in talks to sell its 55 percent stake in Vodafone Egypt Telecommunications Co., a person familiar with the matter said. The stake is valued by analysts at about 3 billion pounds ($4.3 billion).

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(AFX UK Focus) 2010-05-13 00:19 UPDATE 1-Sara Lee selling stake in Indian joint venture
SAN FRANCISCO, May 12 (Reuters) – Sara Lee Corp said on Wednesday it would sell its 51 percent stake in Godrej Sara Lee Ltd joint venture, which markets insecticides in India, to Godrej Consumer Products Ltd for 185 million euros ($233.7 million). [...]

(AFX UK Focus) 2010-05-03 16:08 UPDATE 1-Temasek to buy 5 pct stake in India’s NSE stockmarket
By Saeed Azhar

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AT&T sells remaining 7% stake in Tech Mahindra
The $147 million block trade, which was anchored by one large buyer, comes just over one month after the US telecom operator bought an 8.07% stake in Tech Mahindra through the exercise of share options.

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After crossing swords in the battle for control of Great Offshore, the two contenders – ABG Shipyard and Bharati Shipyard – have made peace.

Foreign investors hike stake in India Inc
Indian companies continued to remain attractive for foreign institutional investors (FIIs) with more than half the companies surveyed by Business Line reporting an increase in their FII holdings as of the fourth quarter of fiscal 2009-10 compared with the previous one.

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