| | | Sale of the century? $300-billion Saudi state sell-off moves slowly | | | DUBAI/RIYADH (Reuters) - Saudi Arabia's $300-billion privatization program was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled his plan to great fanfare. Nineteen months later, it is moving at a snail's pace, bankers, investors and analysts familiar with the process say. |
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| | | Intel cuts stake in ASML to below 5 pct | | | AMSTERDAM (Reuters) - Chipmaker Intel has cut its stake in Dutch semiconductor equipment supplier ASML to 4.96 percent, according to a filing published by the Dutch Financial Markets Authority on Friday. |
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| | | Tencent Music, Spotify in talks to swap stakes: WSJ | | | (Reuters) - The music group of China's Tencent Holdings Ltd and Sweden's Spotify AB are in talks to swap stakes up to 10 percent in each other's businesses ahead of their expected public listings next year, the Wall Street Journal reported on Friday. |
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| | | Barclays announces final sale of stake in Barclays Africa | | | LONDON (Reuters) - Barclays will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest and likely last in a series of such sales as it ends more than 90 years as a major presence on the continent. |
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