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The government is likely to keep a stake in the bank but it could sell off as much as 70%.
The government is likely to keep a stake in the bank but could sell off as much as 70%.
But with Universal now offering to sell off as much as two-thirds of EMI's holdings in Europe, EMI's legacy is once again uncertain.
Angola plans to sell off as much as 49percentt of the domestic distribution and marketing arm of the state oil company, Sonagol, the official news agency reported.
| Regulatory pressure over capital requirements means that European banks may be looking to sell off as much as $45 billion in private equity assets over the next two to three years.
Then there's the question of the Competition and Markets Authority, which could force the combined business to sell off as many as 1,000 of its 4,000 betting shops.
Similar(45)
It took the previous Conservative government 13 years to propose a sell-off as unpopular as this one.
On Black Monday in October 1987 US stock markets sank by 22 per cent in a single day – a sell-off as severe as the Wall Street Crash.
A clampdown on a prominent web firm could startle investors and prompt a broader sell-off, as could a financial scandal.And after the angels have fallen?With luck the latest web bubble will do less damage than its predecessor.
Employees of Banespa, a government-owned Brazilian bank due to be privatized next month, went on indefinite strike today, demanding a public vote on the sell-off as well as guarantees for themselves.
That results in further selling in cash markets, as counterparties who write the protection sell shares to hedge their own risk.Talk of a generalised sell-off, as well as a "flight to quality"—ie, to highly liquid assets such as Treasury bonds—has inevitably inspired some commentators to leaps of faith about the months ahead.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com