DealZone

Deals du Jour

June 30, 2009

General Motors (GMGMQ.PK) is talking to rival suitors to sell a stake in Opel, the Financial Times says,  primarily Brussels-based RHJ International (RHJI.BR). Magna is still in pole position.

Japan’s Shinsei Bank and Aozora Bank are likely to announce plans to merge by next year, sources familiar with the matter say. The two loss-making lenders are backed by U.S. investors. Read the Reuters story here.

For more Reuters news on deals, click here. Below are two other stories we spotted in newspapers.

Private equity group Candover (CDI.L) has received approaches from trade buyers for Ontex, the Belgium-based maker of diapers and wet wipes, the Financial Times says .

Activist hedge fund firm The Children’s Investment Fund (TCI) is considering offering more flexible terms to investors and a different fee structure, the Wall Street Journal says.

Comments
One comment so far | RSS Comments RSS

Good news. If the BK goes past July 10th, GM will then be able to file for a non-governmental bankruptcy.

Posted by Janet | Report as abusive
 

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/