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Philip Green's Arcadia in talks on potential sale of BHS store chain

2015-01-26 11:39:45| Apparel - Topix.net

British billionaire Philip Green, whose family owns the retailer Arcadia Group, is in talks with several parties over a possible sale of its BHS department stores. "We have had several approaches on BHS over the past few months.

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Sono-Tek Announces Sale to Advanced Animal Diagnostics

2015-01-26 11:31:31| Industrial Newsroom - All News for Today

MILTON, N.Y.,  Sono-Tek Corporation (OTC QB: SOTK) is pleased to announce the sale of a precision ultrasonic coating system to Advanced Animal Diagnostics of Durham, N.C. The unit will used for the application of animal diagnostic device manufacturing. According to R. Stephen Harshbarger, Sono-Tek's president...

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Rocker Jerry Lee Lewis's Harley for sale

2015-01-23 13:16:49| Automakers - Topix.net

Jerry Lee Lewis's 1959 Harley-Davidson could become the most expensive motorcycle ever sold at auction when it's goes under the hammer Saturday in Florida. One huge selling point... This isn't a motorcycle once owned by Jerry Lee Lewis.

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Portugal Telecom shareholders approve PT sale to Altice

2015-01-23 09:10:00| Telecompaper Headlines

(Telecompaper) Shareholders of Portugal Telecom have approved the sale of PT Portugal to Altice. After earlier suspending the vote on the matter, the shareholders at their second gathering agreed to the sale proposed by Oi, which gained control of the Portuguese assets whent the two companies merged last year. Some shareholders had hoped the deal with Oi could still be undone, but Portugal Telecom warned it would only end up in a long court battle. Proceeds from the sale to Altice are expected to help Oi reduce its debt and participate in the consolidation udnerway in the Brazilian market. Portugal Telecom will be left as a holding company with a number of foreign assets, such as stakes in operators in Angola, East Timor and Macau. The sale of PT Portugal remains subject to regulatory clearance.

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Portugal Telecom Approves Unit Sale to Altice

2015-01-23 04:38:28| Telecom - Topix.net

Portugal Telecom SGPS SA shareholders Thursday approved the a 7.4 billion sale of its operating unit to Luxembourg-based Altice SA, ending weeks of uncertainty about the deal. With the acquisition Altice, which currently has a small presence in Portugal via operators CabovisA o and Oni, will become a key competitor in the country, next to Vodafone Group PLC and NOS.

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