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Verizon to sell assets worth $10 billion to Frontier: source

2015-02-05 02:36:37| IT Services - Topix.net

Verizon Communications is close to selling wireline assets worth $10 billion to regional telephone operator Frontier Communications Corp, a person familiar with the matter said on Wednesday. The largest U.S. carrier by subscribers, Verizon has been investing heavily in growing its wireless business while reducing spend on its broadband Internet and telephone services.

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FMC Corp. agrees to sell unit to Connecticut firm for $1.64B

2015-02-04 17:17:12| Chemicals - Topix.net

Philadelphia-based chemical company FMC Corp has agreed to sell a unit for $1.64B to make room for a $1.8B acquisition of another company. Philadelphia-based chemical company FMC Corp. said Tuesday that it has agreed to sell its Alkali Chemicals business to Tronox Ltd. for $1.64 billion.

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ADM to sell 50 pc stake in Brazilian export terminal to Glencore

2015-02-04 08:55:56| Agriculture - Topix.net

Our eNewspaper network was founded in 2002 to provide stand-alone digital news sites tailored for the most searched-for locations for news. With a traditional newspaper format, more than 100 sites were established each with a newspaper-type name to cover the highest-ranked regions, countries, cities and states.

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Verizon in talks to sell wireline assets - report

2015-02-03 07:21:00| Telecompaper Headlines

(Telecompaper) Verizon is close to selling a package of assets including mobile towers and parts of its wireline business. The deals could be worth more than USD 15 billion, which Verizon would use to pay off debt and finance its recent spectrum purchases, people familiar with the matter told the Wall Street Journal. The deals will involve different buyers and could be announced as soon as later this week. CEO Lowell McAdam said in January that the company was open to selling assets that would reduce its wireline footprint.

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Verizon Is Near Deals to Sell More Than $15 Billion in Assets

2015-02-03 05:12:07| Telecom - Topix.net

Verizon Communications Inc. is close to selling a package of assets including cellphone towers and parts of its wireline business, a group of deals whose value could top $15 billion, people familiar with the matter said. The deals will involve different buyers and could be announced as soon as later this week, the people said.

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