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Ownership Changes
NEW YORK - Citigroup is selling $1.6 billion in retail consumer finance assets to GE Capital as the bank continues to shed smaller assets to focus on its core consumer banking operations.
JUNEAU, Alaska - Denali-The Alaska Gas Pipeline has reported receiving bids for "significant capacity" on its proposed natural gas pipeline in Alaska.
BOSTON - Boston's tallest skyscraper and one of the city's most recognizable landmarks is being sold to real estate tycoon and newspaper publisher Mortimer Zuckerman's company for $930 million, the firm said Monday.
MADRID - Spanish energy company Repsol said Friday it has sold a 40 percent stake in its Brazil subsidiary to China's Sinopec for $7.1 billion, creating one of Latin America's largest energy companies.
BEIJING - Three Japanese detained after allegedly intruding on a Chinese military zone were released Thursday, but one person was still being held amid simmering tensions after ships collided near disputed islands.