majority stake

British bank HSBC Holdings PLC said Monday it is in talks with financial group Old Mutual PLC to buy a controlling stake in Nedbank Group Ltd. of South Africa in a deal worth as much as $6.8 billion.

Teva Pharmaceutical Industries Ltd. , the world's largest generic drugmaker, said Thursday its Japanese joint venture will buy a majority stake in Taisho Pharmaceutical Industries Ltd.

Canadian media giant Canwest Global Communications Corp. is selling its majority stake in Australian broadcaster Ten Network Holdings Ltd. in a deal worth 634 million Canadian dollars ($588 million).

The poultry producer said that the United States affiliate of JBS, which is based in Sao Paulo, will pay $800 million in cash for 64 percent of the reorganized company.

General Motors Co. said a consortium of Canada's Magna International Inc. and Russian lender Sberbank would acquire a majority stake in its European subsidiary Opel.

General Motors Co. said Thursday that a consortium of Canada's Magna International Inc. and Russian lender Sberbank would acquire a majority stake in its European subsidiary Opel.

A plan filed Friday calls for Six Flags creditors to own a majority stake in the amusement-park company when it emerges from Chapter 11 bankruptcy protection.

Citigroup Inc. says it is selling its majority stake in a Japanese asset management company to The Sumitomo Trust and Banking Co Ltd. for $795 million.

Investor RHJ International SA said Monday it is in advanced negotiations with General Motors Corp. on possibly taking a majority stake in the U.S. auto maker's European Opel unit.

A person briefed on the negotiations between General Motors Corp., the German government and Canadian auto parts maker Magna International Inc. says they have agreed on the framework of a deal for Magna to take a majority stake in GM's Opel unit.