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International Business Machines Corp. (IBM) Lowered to "Sell" at Vetr Inc.

2016-03-14 07:12:08| Semiconductors - Topix.net

They presently have a $137.12 target price on the technology company's stock. Vetr 's price target indicates a potential downside of 3.68% from the stock's current price.

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BASF Intends To Sell Its Global Industrial Coatings Business To AkzoNobel

2016-02-19 03:59:57| surfacefinishing News Articles

BASF and AkzoNobel have reached a general agreement on the sale of the industrial coatings business of BASF’s Coatings division to AkzoNobel for €475M.

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Millicom to sell DR Congo business to Orange for USD 160 mln

2016-02-08 09:01:00| Telecompaper Headlines

(Telecompaper) Millicom has signed an agreement for the sale of its Tigo business in the Democratic Republic of Congo (DRC) to Orange. The transaction is subject to regulatory approvals. In a statement, Millicom said it will sell 100 percent of the share capital in the holding company Oasis for a total cash consideration of USD 160 million. Mauricio Ramos, CEO of Millicom said the sale of Tigo DRC is in line with the group's strategy of supporting consolidation and concentrating resources in its most promising markets. Millicom said it will use the proceeds from the sale to strengthen its balance sheet allowing the company to reinvest in its existing Latin American and African markets, improving earnings and cash flow and reducing leverage.

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Georgia-Pacific to Sell Engineered Lumber Business to Boise Cascade

2015-12-21 21:36:38| Paper - Topix.net

The sale will include the engineered lumber operations located at Thorsby, Alabama and Roxboro, North Carolina, along with a commercial sales and technical team. Dec. 21, 2015 - Georgia-Pacific LLC announced today that it has reached an agreement to sell its engineered lumber business to Boise Cascade for $215 million, including working capital.

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Local beer distributor to sell business, retire early next year.

2015-12-19 00:40:21| Beverages - Topix.net

Larry Fox, president and chief executive officer for Fox Distributing, a company that works with more than a dozen local and national craft-breweries, as well as Anheuser Busch, said the beer distribution industry has become geared toward larger distributors, making it increasingly difficult for smaller, locally-owned distributors to remain ... (more)

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