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Marchionne gains $13 million with stock sale after Ferrari deal

2014-11-04 22:22:10| Industrial Machines - Topix.net

Fiat Chrysler Automobiles CEO Sergio Marchionne made about 10.7 million euros from a surge in the automaker's share price after he announced a plan to spin off Ferrari. Marchionne exercised options for 6.25 million Fiat Chrysler shares on Oct. 30 and sold that amount of shares by Oct. 31. He did the same for an equal amount of stock in CNH Industrial NV, the truck and tractor maker that was previously part of the Fiat group.

Tags: sale stock million deal

 

EXCLUSIVE - Bushmills sale a must to secure Don Julio - Diageo CFO

2014-11-04 13:57:00| Daily beverage news and comment - from just-drinks.com

The CFO of Diageo has defended the company's decision to sell the Bushmills Irish whiskey brand in return for Tequila Don Julio, claiming that the acquiror, Casa Cuervo, was keen to up its presence in international spirits.

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Virgin Money revives share sale plan

2014-11-04 09:34:56| BBC News | Business | UK Edition

Virgin Money, the UK bank part-owned by entrepreneur Sir Richard Branson, will list on the London Stock Exchange by the end of November.

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Editor's Viewpoint - Diageo's Sale of Bushmills an Admission of Defeat to Pernod Ricard's Jameson?

2014-11-03 13:42:00| Daily beverage news and comment - from just-drinks.com

Diageo's move to take back full control of Don Julio certainly indicates the potential for Tequila. However, it is the company's divestment of Bushmills that speaks even louder, to the future for Irish whiskey.

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How A New Calf Verification Program Can Equal More Money At Sale Time

2014-11-03 12:00:00| Beef

A newly launched marketing program called Top Dollar Angus aims to certify the gain and marbling value of feeder calves, which means more money to sellers. Cattle Economics read more

Tags: time program money sale

 

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