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Delta Apparel sells North Carolina textile factory

2016-09-14 12:56:00| Daily apparel & textile news and comment - from just-style.com

US activewear maker Delta Apparel has sold its textile manufacturing facility in Maiden, North Carolina for $1.7m.

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Renault sells its 100,000th electric vehicle

2016-09-09 18:55:22| Green Car Congress

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Sabic sells Polymershapes unit to Blackfriars investment firm

2016-09-08 21:24:46| Canadian Plastics Headlines

Petrochemical supplier Saudi Basic Industries Corp. (Sabic) has sold its Polymershapes business to U.S.-based investment firm Blackfriars Corp. The terms of the deal have not been disclosed. The deal is expected to be completed during the fourth quarter of this… The post Sabic sells Polymershapes unit to Blackfriars investment firm appeared first on Canadian Plastics.

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Intel spins off McAfee, sells majority stake to TPG

2016-09-08 09:07:00| Telecompaper Headlines

(Telecompaper) Intel has sold a 51 percent stake in McAfee to TPG for USD 3.1 billion, with the total business valued at USD 4.2 billion. The unit will be spun out of Intel Security, keep its McAfee name and operate as an independent cybersecurity company. Chris Young, Intel senior VP and Intel Security general manager, will lead the new company. Intel will retain 49 percent of the company after completion of the transaction, expected near the second quarter, subject to regulatory and other closing conditions. Intel bought McAfee in 2010 for USD 48 per share cash, or a total of USD 7.68 billion.

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