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Invista sells engineering polymer solutions business to Radici Group

2016-09-15 05:16:13| Canadian Plastics Headlines

Italian material supplier Radici Group is buying the engineering polymer solutions business of U.S.-based Invista. In a statement, Radici Group said the purchase will strengthen its presence in both Europe and the U.S., and it is expected to be completed… The post Invista sells engineering polymer solutions business to Radici Group appeared first on Canadian Plastics.

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Telia sells Tajikistan business for $39m

2016-09-07 02:00:00| Total Telecom industry news

Sweden-based telco strikes deal with minority Tcell shareholder as Eurasia exit rumbles on.

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Tesco sells Euphorium bakery business

2016-08-26 14:23:05| BBC News | Business | UK Edition

Tesco is selling its Euphorium bakery business as chief executive Dave Lewis seeks to turn around the supermarkets fortunes.

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Rochester Midland Sells Fem Care, Toilet Seat Cover Business

2016-06-21 18:36:00| Nonwovens Industry Breaking News

Impact Products will assume businesses

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Microsoft sells feature phone business to Foxconn

2016-05-18 10:44:00| Telecompaper Headlines

(Telecompaper) Microsoft has agreed to sell its feature phone business to FIH Mobile, the contract manufacturer owned by Hon Hai/Foxconn Technology Group, and Finnish company HMD Global for USD 350 million. As part of the deal, FIH Mobile will also acquire Microsoft Mobile Vietnam, the company's factory in Hanoi, Vietnam, and take over 4,500 employees. Microsoft said it will remain present in the smartphone market, selling its own Lumia devices and licensing Windows 10 Mobile to other manufacturers. As part of the deal, Microsoft will transfer substantially all of its feature phone assets, including brands, software and services, care network and other assets, customer contracts, and critical supply agreements. The transaction is expected to close in the second half of 2016, subject to regulatory approvals. 

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