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Tag: business sells
Cascades sells its Norampac boxboard business to Graphic Packaging
2014-12-16 15:38:59| Industrial Machines - Topix.net
This map shows Cascades' facilities in North America, including the two mills and three converting plants it is selling to Graphic Packaging. As part of a plan to focus on its strengths, Cascades Inc. has agreed to sell its North American boxboard manufacturing and converting assets to Graphic Packaging Holding Company for $44.9m.
Tags: business
graphic
packaging
sells
Singapore Airlines sells discounted Business Class tickets due to computer error
2014-12-05 09:30:45| Airlines - Topix.net
The airline says the tickets, sold at nearly half the normal price for Business Class, are only for Economy Class travel. It is offering a full refund, or will refund the difference between the fare charged and that for Economy Class.
Tags: business
due
computer
class
Samsung sells fibre-optics business to Corning
2014-12-02 15:04:00| Telecompaper Headlines
(Telecompaper) Corning announced a definitive agreement to acquire the fibre-optics business of Samsung Electronics. The latest in a series of non-core asset sales by Samsung, financial terms of the acquisition were not disclosed. Corning said it expects to close the deal in Q1 2015, pending regulatory approvals. Samsung provides fibre and cable equipment to operators in South Korea, China and southeast Asia. Corning will integrate Samsung's activities, with manufacturing facilities in Gumi, South Korea and Hainan, China, into the the Corning Optical Communications business segment.
Tags: business
samsung
sells
corning
Alcatel-Lucent sells cyber-security business to Thales
2014-11-01 13:51:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent has sold its cyber-security services and solutions business to Thales for an undisclosed amount. The operations sold employ some 100 staff mainly in France and three other European countries. The sale is part of a strategic partnership established by the two companies in May to combine Thales's experience in cyber-security services and Alcatel-Lucent's knowhow in secure networks and advanced security features in its telecom products. The companies will continue to work together in this area under the new ownership structure.
Tags: business
sells
thales
cybersecurity
BASF sells textile chemicals business to Archroma
2014-10-16 19:41:08| Chemicals - Topix.net
Chemical and oil company BASF SE says it is selling its textile chemicals business to Swiss-based Archroma for an undisclosed amount. BASF, headquartered in Ludwigshafen, Germany, said Thursday that the deal requires antitrust approval and is expected to close in next year's first quarter.
Tags: business
chemicals
sells
textile
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