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Severstal completes sale of 2 US plants
2014-09-17 22:56:50| Steel - Topix.net
Russian steel company Severstal has completed its sale of a pair of steel plants to AK Steel and Steel Dynamics. In a statement Tuesday, Severstal CEO Alexey Mordashov confirmed the sale of Severstal Columbus in northeast Mississippi to Steel Dynamics and Severstal Dearborn in Michigan to AK Steel Corp. Steel Dynamics of Fort Wayne, Indiana, is paying $1.625 billion for the Columbus plant, using $350 million in cash and borrowing the rest.
Tags: us
sale
plants
completes
Real Estate Agent Finds Squatters in For Sale Home
2014-09-17 12:37:36| Real Estate - Topix.net
Placer County Sheriffs deputies say real estate agent Audrey Baker was trusting her instincts to call 9-1-1 when she felt something was wrong as she prepared to show a house to a potential buyer in Applegate. Baker discovered the lock box containing the keys to the house was missing, and she found a beverage can with cigarette butts on the back porch.
BP Alaska plans layoffs following Hilcorp sale
2014-09-16 09:55:38| Oil & Gas - Topix.net
BP Alaska, a major player in the state's oil industry, on Monday announced plans to lay off 275 employees and direct contractors early next year. BP's business in Alaska will be smaller because of the previously announced sale of its interests in four North Slope oil fields to Hilcorp, spokeswoman Dawn Patience said.
Tags: sale
plans
alaska
layoffs
Vimpelcom exits Canada with sale of Wind to founder
2014-09-16 02:00:00| Total Telecom industry news
Tony Lacavera's investment company takes sole control of struggling mobile operator.
Tags: canada
sale
wind
founder
UPDATE 1-Hedge funds say Ann Inc could be worth $65/shr in potential sale
2014-09-16 01:03:38| Apparel - Topix.net
Hedge funds Red Alder LLC and Engine Capital again urged Ann Inc to consider a sale to a private equity firm or another apparel company, stepping up pressure on the women's retailer to improve its performance. A sale to retailers like Chico's FAS Inc, Ascena Retail Group, J.Crew or Fast Retailing Co Ltd, could fetch a price between $60 to $65 per share for the Ann Taylor parent, the hedge funds said in an investor presentation on Monday.
Tags: sale
update
potential
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