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Tag: business
Apple buys Intel smartphone modem business for USD 1 billion
2019-07-26 07:59:00| Telecompaper Headlines
(Telecompaper) Intel has confirmed an agreement to sell the majority of its smartphone modem business to Apple for USD 1 billion. Around 2,200 employees will transfer to Apple, along with intellectual property, equipment and leases. The deal is expected to close in the fourth quarter, subject to regulatory approvals and other customary conditions.
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intel
Apple close to USD 1 bln deal to buy Intel modem chip business - report
2019-07-23 08:42:00| Telecompaper Headlines
(Telecompaper) Apple is in advanced talks to buy Intel's smartphone-modem chip business, people familiar with the matter told the Wall Street Journal. A deal to acquire USD 1 billion in assets, including patents and staff, could be reached in the next week, the report said.
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Clariant selling health care packaging business to Arsenal Capital
2019-07-22 17:08:14| Canadian Plastics Headlines
Swiss materials and specialty chemicals company Clariant AG is selling its healthcare packaging business to New York-based private equity firm Arsenal Capital Partners for 308 million Swiss francs ($411 million Canadian). The transaction is expected to close in the fourth… The post Clariant selling health care packaging business to Arsenal Capital appeared first on Canadian Plastics.
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health
care
capital
Ex-Ted Baker chief set to back business buyout?
2019-07-22 16:10:00| Daily apparel & textile news and comment - from just-style.com
Ray Kelvin, the disgraced founder of fashion retailer Ted Baker, is reportedly planning to back a private equity buyout of the company - just a few months after standing down following allegations of sexual harassment.
Brookfield consortium to acquire Reliance tower business for INR 252 bln
2019-07-22 09:52:00| Telecompaper Headlines
(Telecompaper) Reliance Industrial Investments and Holdings Limited (RIIHL), a subsidiary of India's Reliance Industries, has signed an agreement with BIF IV Jarvis India, an affiliate of Brookfield Asset Management for an investment by Brookfield (along with co-investors) of INR 252.15 billion in the units proposed to be issued by the Tower Infrastructure Trust. Brookfield's investment in the towers infrastructure used by mobile operator Reliance Jio remains subject to the receipt of government and regulatory approvals.
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