April 16- Chemtura Corp plans to sell its agrochemicals business to Platform Specialty Products Corp for about $1 billion, the Wall Street Journal reported, citing people familiar with the matter. Chemtura's agrochemicals unit sells chemicals-based products such as insecticides and growth regulators.» Read More
MADRID, Feb 12- Iberdrola has sold a 22.6 percent stake in Brazil's Itapebi Geracao de Energia to a unit of the Spanish utility's affiliate Neoenergia for 325 million reais, it said on Wednesday.
JOHANNESBURG, Feb 10- Africa's top bullion producer AngloGold Ashanti is selling its Namibian unit for $110 million to private mining group QKR, it said on Monday, the disposal being part of a renewed drive to rationalise and focus on its bigger operations.
NEW YORK/ LONDON, Feb 7- Swiss industrial conglomerate ABB Ltd is seeking to divest several units whose sale could raise more than $1 billion in total proceeds, according to people familiar with the matter, joining a list of large companies looking to shed non-core businesses.
Jan 16- Johnson& Johnson said it would sell its ortho clinical diagnostics unit to private equity firm Carlyle Group for $4.15 billion, shedding a slow-growing business to focus on more lucrative products. J&J shares were up marginally at $95.01 in early trading on the New York Stock Exchange on Thursday.
Jan 16- Johnson& Johnson said on Thursday it will sell its ortho clinical diagnostics unit to private equity firm Carlyle Group for $4.15 billion, a year after announcing it was considering spinning off or selling the slow-growing business.
NEW YORK, Jan 15- The U.S. Federal Reserve has given JPMorgan Chase& Co an "ultimate time limit" for selling its Henry Bath warehousing unit, a regulatory executive at the U.S. central bank told a Senate banking committee hearing on Wednesday. In July 2013, JPMorgan announced plans to sell the whole of its physical commodities business, which includes Henry Bath.
*JPMorgan's brokerage feels financial impact of regulation. LONDON, Jan 8,- JPMorgan Chase& Co, the world's biggest dealer in over-the-counter metals derivatives, has added its metals futures brokerage to the sale of its physical commodities business, sources familiar with the matter said.
*JPMorgan's brokerage feels financial impact of regulation. Jan 8,- JPMorgan Chase& Co, the world's biggest dealer in over-the-counter metals derivatives, has added its metals futures brokerage to the sale of its physical commodities business, sources familiar with the matter said.
Jan 6- Thermo Fisher Scientific Inc said it would sell three of its businesses to General Electric Co's healthcare unit for $1.06 billion, fulfilling a requirement for European antitrust approval to buy Life Technologies Corp..
Jan 6- Scientific and laboratory equipment maker Thermo Fisher Scientific Inc said it would sell its cell culture, gene modulation and magnetic beads businesses to GE Healthcare, a unit of General Electric Co, for about $1.06 billion.
Dec 30- Packaged foods company Mondelez International Inc has sold its SnackWell's cookies and snacks business to its joint venture with Brynwood Partners VI LP, the private equity firm said on Monday.
LONDON/ MOSCOW, Dec 20- Morgan Stanley has sold the majority of its global physical oil trading operations to Russian state-run oil major Rosneft, becoming the latest Wall Street firm to dispose of a major part of its commodity business. Morgan Stanley said it was not expected to have a significant impact on its financial results.
*Dubai World unit sells 50 pct of Fontainebleau- source. DUBAI, Dec 17- Istithmar World, a unit of Dubai World, has sold its 50 percent stake in Miami Beach's landmark Fontainebleau hotel back to south Florida developer Turnberry, a source close to the seller said on Tuesday.
Dec 16- American International Group Inc said it would sell its aircraft-leasing business to AerCap Holdings NV in a deal valued at about $5.4 billion, marking the insurer's exit from its last non-core business. The deal includes $3 billion in cash and 97.56 million newly issued AerCap common shares, AIG said on Monday.
Dec 12- U.S. insurer American International Group is in talks to sell its aircraft leasing business to AerCap Holdings NV, a person briefed on the discussions said.
Dec 12- Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports. Netherlands- based AerCap, the world's largest independent aircraft lessor, may team up with other bidders for International Lease Finance Corp, the reports said.
*Brazil antitrust watchdog rules against Telefonica. *Telefonica prefers sale of Brazil unit, Fossati against. Telecom Italia's 67 percent stake in TIM Participacoes has become an issue since TIM Brasil's biggest rival, Spain's Telefonica, agreed a deal in September to gradually take over Telecom Italia's controlling shareholder group, Telco.
*ICD buys Atlantis from Dubai World arm Istithmar. *Sale adds to series of 2013 asset sales by Dubai World. DUBAI, Dec 5- A unit of Dubai World has sold its Atlantis resort, which sits on a palm tree-shaped island in the Gulf, in an asset shuffle between state entities to help the group meet huge debt repayments after a $25 billion restructuring in 2011..
MILAN, Dec 5- Telecom Italia rebel investor Marco Fossati said on Thursday he was opposed to selling the company's Brazilian mobile unit TIM Participacoes to comply with an antitrust ruling.
NEW YORK, Dec 3- Ben Venue Laboratories, a Bedford, Ohio- based subsidiary of German drugmaker Boehringer Ingelheim has tapped Bank of America Merrill Lynch to explore a possible sale of its generic sterile injectable drugs business.