Divestments
More
-
NEW YORK-- Citigroup Inc. said Tuesday that its Brazil unit has agreed to sell Credicard, its non-banking credit card and consumer finance business, to lender Banco Itau Unibanco.
-
BRASILIA/ BUENOS AIRES, May 14- Argentine companies have made an offer to buy some of the assets that Brazil's Petrobras SA has put up for sale in Argentina as part of its divestment strategy abroad, the oil company's president, Maria das Gracas Foster, said on Tuesday.
-
VALLEY FORGE, Pa.-- AmerisourceBergen has sold its pharmaceutical packaging business, AndersonBrecon, to an investment group led by health care investor Frazier Healthcare. AmerisourceBergen Corp., a prescription drug distributor, said last month that it had agreed to sell the unit.
-
Construction group FCC is close to closing the sale of a 50 percent stake in its Latin American services subsidiary Proactiva to Veolia, online newspaper El Confidencial reports, citing financial sources. Pescanova will meet with administrators Deloitte and creditors on Monday to discuss the future of the company, Cinco Dias reports.
-
0847 GMT- Shares in Abu Dhabi energy firm Dana Gas. Abu Dhabi's benchmark index climbs 0.7 percent to 3,303 points. Dana Gas is already quite advanced in doing the preparatory work, legal and accounting, regulatory and financial, "he said at that time.
-
*Profit of 35 cents per share tops analysts' 32- cent estimate. *Sales of $1.24 billion miss analysts' $1.32 billion target. NEW YORK, May 3- Newell Rubbermaid Inc announced plans on Friday to sell its hardware and teaching aids businesses, as the maker of Sharpie pens and Rubbermaid storage containers tries to narrow its focus and become more profitable.
-
MILAN, May 3- The trial of Finmeccanica's. Orsi is charged with corruption in relation to the sale of 12 helicopters by Finmeccanica's unit AgustaWestland to India in 2010.. Finmeccanica and Orsi, who quit from the group a few days after his arrest, deny any wrongdoing.
-
*Profit of 35 cents per share tops analysts' 32- cent estimate. *Sales of $1.24 billion miss analysts' $1.32 billion target. NEW YORK, May 3- Newell Rubbermaid Inc announced plans on Friday to sell its hardware and teaching aids businesses, as the maker of Sharpie pens and Rubbermaid storage containers tries to narrow its focus and become more profitable.
-
MILAN, May 3- The board of Italy's Autogrill. Under the project, Autogrill- controlled by Italy's Benetton family- said it would transfer its Spanish unit World Duty Free Group SAU to its wholly owned subsidiary World Duty Free SpA.
-
TOKYO, May 2- Japan's AOC Holdings said on Thursday its upstream unit, Arabian Oil Co, has agreed to sell the entire stake in its Norwegian operations to Kuwait Foreign Petroleum Exploration Company.
-
MILAN, May 2- UniCredit, Italy's biggest bank by assets, said on Thursday it had completed the sale of Kazakh unit ATF bank to a firm owned by Kazakh businessman Galimzhan Yesenov. The sale had been announced on March 15 and UniCredit CEO Federico Ghizzoni said then the price would be close to ATF's book value of $550 million.
-
The $650 million agreement would also settle the fund's claims of about $2.8 billion against the bankrupt company.
-
April 29- Bankrupt photography pioneer Eastman Kodak Co said it will sell two of its remaining imaging businesses to its UK pension fund for $650 million. The agreement, subject to approval by the U.S. Bankruptcy Court in Manhattan, also settles the fund's claims of about $2.8 billion against Kodak.
-
*Commenced sales of rice grown on co's arable farm in bas congo province of. the Democratic Republic of the Congo. *Bralima, Heineken N.V.' s wholly-owned DRC subsidiary, has agreed to purchase.
-
AMSTERDAM, April 29- Wolters Kluwer NV:. *Wolters Kluwer divests Best Case Solutions Inc, a producer of bankruptcy preparation and filing software for law firms representing personal and corporate debtors. *Proceeds will be used for general corporate purposes.
-
NEW YORK, April 28- A U.S. unit of Mitsubishi UFJ Financial Group Inc is in talks to acquire the rights to sell trust-banking services to Morgan Stanley's clients, in the bank's latest bid to expand its business abroad, a source familiar with the matter said on Sunday.
-
By Harry Papachristou ATHENS, April 26- Greek telecoms company OTE. struck a deal on Friday to sell its Bulgarian unit to Norway's Telenor and will use the proceeds to reduce its debt and fight for clients in its recession-hit home market.
-
agreed on Friday to sell its Bulgarian unit to Norway's Telenor to reduce debt and allow it to focus on client retention amid Greece's crippling recession. OTE, which is controlled by Germany's Deutsche Telekom, will receive 717 million euros to sell Globul, Bulgaria's second-biggest mobile operator with 4.5 million customers, it said in a bourse filing.
-
*Telenor gets bank licence, Soc Gen banking assets. *Deal part of 2009 reorganisation agreed with European Commission. BRUSSELS, April 26- Belgian banking and insurance group KBC said on Friday it had agreed to sell its Serbian unit KBC Banka to Societe Generale Srbija and Telenor Serbia, one of the final divestments required by the European Commission.
-
*Telenor gets bank licence, Soc Gen banking assets. *Deal part of 2009 reorganisation agreed with European Commission. BRUSSELS, April 26- Belgian banking and insurance group KBC said on Friday it had agreed to sell its Serbian unit KBC Banka to Societe Generale Srbija and Telenor Serbia, one of the final divestments required by the European Commission.