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Aseptia completes sale of two of its manufacturing operations

2016-03-10 01:00:00| Food Processing Technology

US food technology company Aseptia has sold its Carolina Dairy and Wright Foods manufacturing operations to a newly formed subsidiary of AmeriQual.

Tags: sale operations manufacturing completes

 

Telecom Italia closes sale of Telecom Argentina to Fintech

2016-03-09 09:13:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has announced that its remaining 51 percent stake in Telecom Argentina has been sold to US-backed investment firm Fintech for USD 550.6 million. The Italian group reached a deal back in 2013 to sell its 68 percent controlling stake in Telecom Argentina holding company Sofora to Fintech, owned by Mexican financier David Martinez, for USD 960 million. Telecom Italia divested an initial 17 percent stake in Sofora to Fintech around 18 months ago for USD 329.5 million but both parties have been waiting for the approval of the newly-created communications watchdog Enacom after the defunct regulator AFTIC blocked the transaction last October. Enacom's approval finally came last week.

Tags: sale italia argentina telecom

 
 

Dell close to sale of IT services arm to NTT - report

2016-03-09 08:54:00| Telecompaper Headlines

(Telecompaper) Dell is nearing a deal to sell its IT services business to Japanese operator NTT for about USD 3.5 billion, Re/Code reported. NTT executives are expected to formalize their offer in a meeting with Dell CEO Michael Dell in New York on 09 March. Dell is selling the activities to help raise cash to pay for its takeover of EMC. Dell hops to raise as much as USD 10 billion from asset sales and is also considering selling some software operations like Quest and SonicWall. Other bidders interested in the IT services arm, formerly known as Perot Systems, included Atos and TCS. 

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Telecom Italia finally completes Argentina sale

2016-03-09 01:00:00| Total Telecom industry news

Italian incumbent offloads 51% of holding company Sofora for $550.6 million.

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Maguire plans year-long celebration of 50,000th blender sale

2016-03-08 20:50:34| Canadian Plastics Headlines

Auxiliary equipment maker Maguire Products Inc. is on course to ship the 50,000th Maguire gravimetric blender at some point within the next few months, and is using the occasion to kick off a year-long celebration. A special copper-plated blender will… The post Maguire plans year-long celebration of 50,000th blender sale appeared first on Canadian Plastics.

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