Kohlberg Kravis Roberts and Carlyle Group are said to be exploring a stake sale.
Reportedly, the stake sale will be at a substantial discount, estimated between 30% to 50%.
In October 2012, Sprint announced a 70% stake sale of the company to Japanese telco Softbank.
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He could hold an initial public offering or a direct stake sale, one of the people said.
The stake sale would be a major reprieve for Kingfisher which has been in what seemed like a death spiral.
As a result, shareholders have been calling for a major shake-up in the management or a stake sale to unlock potential value for themselves.
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The maker of popular games Zynga Poker, FarmVille, Mafia Wars and CityVille will be offering 100 million shares in the biggest stake sale of the year.
The news of Cedar stake sale sent Shin Corp shares down more than 6 percent as investors worried that Temasek may sell more Shin shares at a discount.
If the company deploys the cash from the Alibaba stake sale to successful investments, it can leverage its already large user base to generate higher page views per user.
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In a stock exchange filing, following the publication of the report, the airline confirmed that it was in talks with various investors, including Etihad, for a stake sale but no deal had been concluded.
It already struck a deal for private equity firm General Atlantic to buy a 10% stake in it, and it is said to be exploring a stake sale to the Chicago Merc, though neither the NYMEX nor the CME would comment.
Earlier in 2008, Ambani had attempted to negotiate a merger with MTN but was forced to call off the talks when his older brother Mukesh objected on the ground that he had the right to first refusal on any stake sale.
Last week, RIM jumped on speculation that activist investor Carl Icahn had taken a stake in RIM, which will help him push for a board seat and press the company to consider a sale (see Rumored Icahn Stake in RIM Fuels Takeover, Asset Sale Speculation).
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The reason the billionaire oligarchs feel it is a legitimate fear that they could be left high and dry is because it will take many months for them to sell their stake: the sale would require regulatory approval and also the unwinding of the complex network of international companies through which they own their stake in TNK-BP.
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Other assets up for sale include a stake in Aer Lingus as well as parts of the Irish forestry service, but not its land.
However, Agence France Presse quoted a Severstal spokeswoman as saying that the talks had focused on the sale of a stake in Ren TV.
General Electric has reported a 16% rise in first quarter profits, helped by a one-off gain from the sale of its stake in NBC Universal.
However, BP said that total oil and gas production was down 5% on a year earlier, primarily due to the sale of its stake in the TNK-BP Russian joint venture.
But the figure was boosted by the one-off sale of its stake in its Japanese refining and chemicals business earlier this year and tax-related items, said the Texas-based group.
The sale cut his stake to 30.9 million shares.
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The U.S. Treasury is putting only about 20% of its stake in GM up for sale for now, meaning taxpayers will continue to own a substantial piece of GM for the foreseeable future.
As Urenco owns top secret uranium enrichment centrifuge technology, which the authorities are eager to protect from falling into the wrong hands, all three countries would need to approve any sale of a stake.
Suntech said that in the course of conducting due diligence for a possible sale of its stake in GSF it discovered that German government bonds put up by GSF Capital as security may not exist.
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Earlier this year, he shredded the reputation of Conrad Black with a forcefully worded 130-page ruling blocking Lord Black's sale of his stake in Hollinger Inc, a holding company that owned (among other newspapers) Britain's Daily Telegraph.
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Hesse didn't comment further on a conference call with analysts, but said the company still assumes that it will close three deals by July 1: the sale of a stake to Softbank, the buyout of minority shareholders in network operator Clearwire Corp.
At the same time, talks have been going on over the possible sale of a stake in the UK's second-biggest airline, British Midland, and reports in a German newspaper say Lufthansa is about to announce that it is taking a 20% share.
Major League Baseball team owners will be keeping a keen eye on the sale of a stake in the New York Mets by Fred Wilpon because whom ever buys the team is likely to bring a bag of cash to spend on players in an attempt to revive a sagging brand.
The company also said it is exploring the sale of its remaining stake in whole or in parts.
EBay said its earnings growth was partly driven by a gain from the sale of its remaining stake in Skype.
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