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UK: Diageo looks to sell 'bulk' of Whyte & Mackay after OFT ruling
2013-11-25 12:09:00| Daily beverage news and comment - from just-drinks.com
Diageo has offered to sell the "bulk" of Whyte & Mackay after the UK's Office of Fair Trading concluded that its acquisition of the Glasgow-based Scotch producer could lead to a "substantial lessening" of competition in the whisky market.
IK Investment to sell Europe Snacks to Apax Partners
2013-11-25 01:00:00| Food Processing Technology
European private equity firm IK Investment Partners is set to sell its Europe Snacks business to Apax Partners for an undisclosed amount.
Tags: sell
europe
partners
investment
Goldman Sachs Group Inc. Reiterates "Sell" Rating for Veeco Instruments
2013-11-23 22:55:01| Semiconductors - Topix.net
's stock had its "sell" rating reaffirmed by equities research analysts at Goldman Sachs Group Inc. in a research note issued to investors on Tuesday, Analyst Ratings News reports.
Tags: group
rating
sell
instruments
Hyundai To Sell Hydrogen-Powered SUV In 2014
2013-11-23 19:21:24| Automakers - Topix.net
For years, the joke in the auto industry was that a mass-produced car that runs on hydrogen was always a decade away.
Orange to sell Dominican Republic unit for over EUR 1 bln
2013-11-22 23:43:00| Telecompaper Headlines
(Telecompaper) Orange is within days of announcing the sale of its Dominican Republic unit for "well over" EUR 1 billion (approximately USD 1.35 billion), the Wall Street Journal reports, citing Orange CEO Stephane Richard. "The probability that we'll make a Dominican Republic announcement in coming days is very high," Richard said. "It's for a value well above what had been expected, well above EUR 1 billion", he added. The statement was made at a Morgan Stanley investor conference in Barcelona. Richard declined to name the buyer or give further details related to the deal. Three sources familiar with the matter told Bloomberg that the likely buyer is cable investment group Altice. The latter last month acquired the Dominican operator Tricom.
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