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Penske Sells Majority Share of Truck-Lite to Two Investment Groups

2015-09-29 03:56:55| Auto Dealers - Topix.net

Penske Corp. sold its majority share of lighting-systems manufacturer Truck-Lite Co., a supplier to the commercial trucking industry, to Koch Equity Development and BDT Capital Partners. Penske will retain a minority interest in its former subsidiary.

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Caledonia Investments sells stake in TGE Marine for A 78.7m cash

2015-09-28 12:23:24| Trucking - Topix.net

Caledonia Investments has entered into a binding agreement for the sale of its stake in TGE Marine to MES Germany Beteiligungs, a wholly-owned subsidiary of Mitsui Engineering & Shipbuilding Co, for 106.9m, or A 78.7m in cash. The investment vehicle said the payment for its 67.9% stake in TGE will be made in cash, together with a pre-transaction dividend received of 7.5m, delivering total proceeds of 114.5m, or A 84.1m.

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Scorpio Tankers receives two newbuilding product tankers and sells STI Highlander vessel

2015-09-28 01:00:00| Ship Technology

Marine transportation provider Scorpio Tankers has revealed plans to sell its Handymax product tanker, STI Highlander.

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Flowers Foods EVP Sells $611,292.00 in Stock

2015-09-27 06:25:56| Food - Topix.net

Flowers Foods EVP Marta Jones Turner sold 24,200 shares of the company's stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $25.26, for a total transaction of $611,292.00.

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Insider Selling: Awm Investment Company, Inc. Sells 162,258 Shares of PFSweb Stock

2015-09-26 08:18:55| Logistics - Topix.net

PFSweb major shareholder Awm Investment Company, Inc. sold 162,258 shares of the business's stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $14.12, for a total transaction of $2,291,082.96.

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