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Deals Rumor Mill: Dubai World, Hewlett-Packard, Holcim

By Benjamin Horney (March 19, 2015, 6:26 PM EDT) -- Lloyds Banking Group and French investment group Natixis have sold their holdings in debt of Dubai World, which is nearing a $14.6 billion debt restructuring, Reuters reported Thursday. According to the report, Royal Bank of Scotland has also sold "at least part" of its debt holdings in the state-owned conglomerate, meaning that more than $1 billion of Dubai World's debt may have changed hands in a single day. The multiple moves could help Dubai World in its quest to secure 100 percent creditor assent for its restructuring, the report noted....

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