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Apax to sell TriZetto for $2.7 bln
2014-09-15 14:43:37| IT Services - Topix.net
Apax Partners has agreed to sell TriZetto Corporation to Cognizant Technology Solutions Corp for $2.7 billion in cash. The firm bought TriZetto in 2008 in a deal valued about $1.4 billion.
China Sinopec unit to sell 30% stake
2014-09-15 10:06:51| Oil & Gas - Topix.net
Chinese oil giant Sinopec will sell a 30 per cent stake in its marketing arm to outside investors for more than US$17 billion, the company said, as the government pushes key economic reforms. File photo: A worker walks past an oil refinery of China's Sinopec, in Wuhan, central China's Hubei province.
Verizon CEO says would be open to potential deals to sell towers
2014-09-12 13:46:01| IT Services - Topix.net
"Those deals are coming to us a little more now, and if an opportunity presented itself to increase shareholder value" Verizon would be interested in pursuing it, McAdam said at a Goldman Sachs media conference, adding that the company had received preliminary offers at inadequate valuations two years ago. We welcome comments that advance the story through relevant opinion, anecdotes, links and data.
Verizon CEO says would be open to potential deals to sell towers
2014-09-12 13:01:48| Telecom - Topix.net
"Those deals are coming to us a little more now, and if an opportunity presented itself to increase shareholder value" Verizon would be interested in pursuing it, McAdam said at a Goldman Sachs media conference, adding that the company had received preliminary offers at inadequate valuations two years ago. We welcome comments that advance the story through relevant opinion, anecdotes, links and data.
International Paper to sell Greensboro operation to Atlantic Corp.
2014-09-12 01:43:03| Paper - Topix.net
Atlantic Corp. of Wilmington announced that it has signed a definitive agreement to purchase International Paper's three largest paperboard converting facilities in Greensboro, Hazleton, Pa., and Sturgis, Mich. Memphis-based International Paper has reached a definitive agreement to sell its Greensboro operation to Wilmington-based packaging firm Atlantic Corp., which plans to maintain and grow the Gate City facility at 3900 Spring Garden St. International Paper plans to also sell its paperboard converting facilities in Hazleton, Pa., and Sturgis, Mich., to Atlantic Corp. for an undisclosed price.
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