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Government sells remaining stake in GM

2013-12-10 01:03:49| Automakers - Topix.net

The Treasury Department sold its final shares of the Detroit auto giant on Monday, recovering $39 billion of the $49.5 billion it spent to save the dying automaker at the height of the financial crisis five years ago.

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Telecom Italia sells Telecom Argentina stake for USD 960 mln

2013-11-14 09:49:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has agreed to sell its entire stake in Telecom Argentina to Fintech Group for USD 960 million. The operator confirmed in a statement that Fintech would buy the Telecom Argentina shares held by its units Telecom Italia International, Sofora Telecomunicaciones, Nortel Inversora and Tierra Argentea. The company added that USD 100.5 million of the total corresponds to additional agreements related to the transaction, including an agreement to continue providing the Telecom Argentina companies technical support and other services for up to three years.

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Deloitte sells stake in Work scheme

2013-11-05 01:35:19| BBC News | Business | UK Edition

Consultancy firm Deloitte is selling its stake in the Work Programme, prompting claims the government has failed to create a viable market in the welfare-to-work industry.

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Janus Packaging sells major stake to Carl Edelmann

2013-10-10 01:00:00| Packaging Gateway

India-based packaging and printing firm Janus Packaging has announced that it has sold 65% of its company to German packaging manufacturer Carl Edelmann.

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Government sells 6% stake in Lloyds

2013-09-17 08:23:55| BBC News | Business | UK Edition

The government has sold a 6% stake in Lloyds Banking Group, raising 3.2bn.

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