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Softbank to sell USD 7.9 bln in Alibaba shares
2016-06-01 09:24:00| Telecompaper Headlines
(Telecompaper) Japan's SoftBank said it will be selling USD 7.9 billion worth of shares in Alibaba in order to up its own liquidity and pay back debt. The transactions will include the sale of USD 2.0 billion worth of shares to Alibaba, USD 400 million worth of shares to members of the Alibaba Partnership acting collectively and USD 500 of shares to a private equity group, plus another USD 5.0 billion worth, to be offered by a newly formed trust in the form of American depositary shares (ADSs) in a private placement to institutional buyers. There will, in addition, probably be a greenshoe of USD 1.0 billon more worth of shares.
Anheuser-Busch InBev must sell SABMiller's Distell stake as completion edges closer
2016-05-31 17:47:00| Daily beverage news and comment - from just-drinks.com
South Africa's Competition Commission has approved Anheuser-Busch InBev's takeover of SABMiller, provided the merged entity sells SAB's stake in Distell.
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Australia to sell 8m of seized Bitcoin
2016-05-30 14:52:57| BBC News | Business | UK Edition
A collection of bitcoins worth about 8m, confiscated by police in Australia, will be auctioned off in June.
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What Will HPE Sell Next?
2016-05-30 14:00:00| TechNewsWorld
I joined a bunch of analysts in discussing Hewlett Packard Enterprise's next move at a secret conclave last week. The company had just announced the sale of its IT services, which basically undid much of Mark Hurd's work as CEO. It already had sold off PCs and printers, more than undoing Carly Fiorina's earlier efforts. Granted, HPE spun it like it was an acquisition.
ConAgra Agrees to Sell Spicetech Flavors and Seasonings to Givaudan
2016-05-26 22:52:00| Food Processing
ConAgra Foods says it has agreed to sell its Spicetec Flavors & Seasonings business to Givaudan for approximately $340 million.
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