*Telecom Italia to sell Brazilian towers for over 900 mln euros. MILAN/ BARCELONA, Nov 21- Telecom Italia will examine a possible tie-up between its Brazilian unit Tim Participacoes and local group Oi, it said as it announced the sale of mobile phone masts for more than 900 million euros. Telecom Italia, which owns 66.5 percent of TIM Participacoes, said after a board...» Read More
June 19- Enbridge Energy Partners LP said it would sell a 12.6 percent interest in its natural gas midstream business to partner Midcoast Energy Partners LP for $350 million. The deal will immediately add to the earnings of Midcoast Energy, which said it would finance it with debt.
*Renesas SP Driver is chip supplier for Apple iPhone screens. TOKYO, May 28- Renesas Electronics Corp plans to sell its majority stake in a maker of iPhone display chips to Synaptics Inc, another smartphone chip supplier, according to sources familiar with the matter.
TOKYO, May 27- Renesas Electronics Corp plans to sell its majority stake in a maker of iPhone display chips to Synaptics Inc, another smartphone chip supplier, according to sources familiar with the matter.
The $650 million agreement would also settle the fund's claims of about $2.8 billion against the bankrupt company.
Rahul Bajoria, Regional Economist, Barclays explains why the Indian rupee is set to hover near the 54 level over the next 12 months.
Cisco Systems is selling its home networking business to Belkin, the networking giant's latest move to exit the consumer business.
Pip McCrostie, global chair of E&Y, talks about their survey on companies monetizing non-core assets as a short term tool to make cash.
Cramer breaks down the positives that will result from McGraw-Hill's corporate split.