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Tourism Holdings' American operations account for about a third of its business.
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Last week, HSBC ousted Bobby Mehta, head of its North American operations.
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The new company may also include GM's Latin American operations, the FT reported.
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In addition, he said Fiat was definitely interested in GM's Latin American operations.
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Affinia said its Latin American operations were excluded from the deal.
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GM also has said its Latin American operations are not up for sale.
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Casino has also been looking to simplify its Latin American operations.
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When America did arrive she still tarried to watch American operations.
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As head of the North American operations for Michelin, he integrated Uniroyal Goodrich.
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Its North American operations lost $651 million in the shortened third quarter.
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If the deal goes through, Coke would buy Coca-Cola Enterprises Inc's North American operations.
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Godlasky is set to take the helm of Aviva's North American operations in July.
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The deal was meant to allow the retailer to focus on its North American operations.
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Itau BBA analysts said they expect the deal to focus on Avon's Latin American operations.
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North American Operations is an integrated specialist insurer offering specialty commercial, personal and reinsurance capabilities.
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Takeda expects to fetch more than $1 billion for the Latin American operations.
