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Tag: business sells
International Business Machines Corp. SVP Rodney C. Adkins Sells 11,731 Shares
2014-02-12 00:11:51| Semiconductors - Topix.net
International Business Machines Corp. SVP Rodney C. Adkins sold 11,731 shares of International Business Machines Corp. stock in a transaction that occurred on Monday, February 10th.
Tags: business
international
machines
corp
UPDATE 1-Mondelez sells SnackWell's business to joint venture
2013-12-30 16:53:14| Beverages - Topix.net
Packaged foods company Mondelez International Inc has sold its SnackWell's cookies and snacks business to its joint venture with Brynwood Partners VI LP, the private equity firm said on Monday.
Tags: business
update
joint
venture
Telstra sells Hong Kong business to HKT for USD 2.43 bln
2013-12-20 00:23:00| Telecompaper Headlines
(Telecompaper) Australian communications provider Telstra has signed an agreement to sell its Hong Kong based mobile business CSL to HKT for USD 2.43 billion. The sale, which is subject to regulatory approval in Hong Kong and HKT and PCCW security holder approval, would equate to proceeds of approximately AUD 2 billion for Telstra's 76.4 percent interest. The sale of CSL is expected to generate a profit on sale of approximately AUD 600 million for Telstra. HKT will also acquire the remaining 23.6 percent shareholding held by New World Development. Telstra said that despite this sale, Asia remains an important part of the company's strategy and that it intends to be in the region for the long term.
Tags: business
hong
kong
hong kong
Balfour Beatty sells Scandinavian rail business to Strukton Rail
2013-12-13 01:00:00| Railway Technology
UK-based infrastructure group Balfour Beatty has reached an agreement to sell its Scandinavian Rail business including all current operations in Sweden and Denmark to Strukton Rail for a cash consideration of about 4m.
Tags: business
rail
sells
scandinavian
ConocoPhillips sells Algeria business unit
2013-11-28 01:00:00| Hydrocarbons Technology
US-based energy firm ConocoPhillips has completed the previously announced sale of its Algeria business unit to Pertamina in a transaction worth $1.75bn.
Tags: business
unit
algeria
sells
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