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Samsung Group says to sell 4 units to Hanwha Group for $1.7 billion

2014-11-26 02:54:46| Semiconductors - Topix.net

Samsung Group [SAGR.UL] said on Wednesday it is selling stakes in defense firm Samsung Techwin Co Ltd and three other units for 1.9 trillion won to Hanwha Group units. Samsung Group said in a statement Samsung Electronics Co Ltd, Samsung C&T Corp and other Samsung affiliates decided to sell a 32.4 percent stake in Samsung Techwin to Hanwha Corp for 840 billion won, and a 57.6 percent stake in Samsung General Chemicals Co Ltd to Hanwha Chemical Corp and Hanwha Energy Corp [YCOGN.UL] for 1.06 trillion won.

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Samsung Group says to sell 4 units to Hanwha Group for $1.7 billion

2014-11-26 02:26:14| Electronics - Topix.net

Samsung Group [SAGR.UL] said on Wednesday it is selling stakes in defense firm Samsung Techwin Co Ltd and three other units for 1.9 trillion won to Hanwha Group units. Samsung Group said in a statement Samsung Electronics Co Ltd, Samsung C&T Corp and other Samsung affiliates decided to sell a 32.4 percent stake in Samsung Techwin to Hanwha Corp for 840 billion won, and a 57.6 percent stake in Samsung General Chemicals Co Ltd to Hanwha Chemical Corp and Hanwha Energy Corp [YCOGN.UL] for 1.06 trillion won.

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Fraport-Copelouzos Group consortium wins Greek airport concession

2014-11-26 01:00:00| Airport Technology

The Fraport-Copelouzos Group consortium has been selected as the preferred bidder in the Greece regional airports' tender procedure, which would consist of an upfront payment of 1.23bn and an annual payment of 22.9m for the life of the concession.

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Business group attacks 25m pay deal

2014-11-25 22:08:49| BBC News | Business | UK Edition

A pay package proposed for the new head of gas giant BG Group is branded "excessive and inflammatory" by the Institute of Directors.

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Philip Falcone to step down as Harbinger Group chairman, CEO

2014-11-25 18:03:07| Agriculture - Topix.net

Philip Falcone, chairman and chief executive officer of Harbinger Group Inc., listens during a panel discussion at the SkyBridge Alternatives conference in Las Vegas, Nevada, U.S. on Wednesday May 9, 2012. Falcone, whose hedge fund Harbinger Capital Partners LLC has invested about $3 billion in a wireless venture that's fighting to avert bankruptcy, said investors are passing up good illiquid investments.

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