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Singapores agribusiness Olam sells California farmland to FPI for $110m

2017-09-26 01:00:00| Food Processing Technology

Singapore-based global agribusiness firm Olam International has sold 5,100 acres of California farmland that produces almonds, pistachios, and walnuts to US-based real estate company Farmland Partners (FPI) for a cash consideration of $110m.

Tags: california sells farmland agribusiness

 

Unilever sells South Africa spreads business to Remgro

2017-09-25 01:00:00| Food Processing Technology

Unilever has entered an agreement with South Africa-based investment group Remgro to sell its spreads business, valued at ZAR7bn ($527.95m).

Tags: business south africa south africa

 
 

Co-op Group sells remaining stake in Co-op Bank

2017-09-21 10:18:06| BBC News | Business | UK Edition

The Co-operative Group has sold is remaining 1% stake in Co-op Bank for 5m.

Tags: group bank remaining sells

 

Telenor sells 5.1% stake in Veon, sees NOK 2.9 bln proceeds in Q3

2017-09-21 09:49:00| Telecompaper Headlines

(Telecompaper) Telenor said it is continuing the sale of its interest in Veon, formerly known as Vimpelcom. It is offering 5.1 percent of Veon's total outstanding common shares, leaving Telenor with about 256.7 million ADS, or about 14.6 percent of Veon's common shares. The underwriters have priced the 90 million common shares and ADS in the offering at USD 4.15 each, giving net proceeds of USD 365 million (around NOK 2.9 billion), which will be included in Telenor's third-quarter cash flow statement.

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Co-op Group sells final stake in Co-op Bank

2017-09-21 09:47:00| BBC News | Business | UK Edition

The retail and services group has offloaded the final 1% stake it held in the troubled Co-op Bank.

Tags: group final bank sells

 

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