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Brookfield Weighs $3 Billion Life Sciences Real Estate Portfolio Sale
2020-10-20 15:58:00| National Real Estate Investor
The company is working with advisers to sell roughly 2.3 million sq. ft. of real estate it acquired as part of Forest City in 2018.
Intel sells Nand memory, storage business to SK hynix for USD 9 billion
2020-10-20 09:59:00| Telecompaper Headlines
(Telecompaper) South Korean chipmaker SK hynix has agreed to buy Intel's Nand memory and storage business for USD 9 billion. SK hynix said the move will enhance the competitiveness of its storage services, including enterprise SSDs, in the rapidly growing Nand flash space, and push it to the fore as one of the world's leading semiconductor companies. Intel said it will invest the money received into "leadership products" and to advance its long-term growth priorities, including artificial intelligence, 5G networking and the intelligent, autonomous edge.
Tags: business
memory
storage
usd
GTT selling infrastructure division for $2.15 billion
2020-10-19 02:00:00| Total Telecom industry news
On Friday, GTT Communications announced its intentions to tell its infrastructure division to I Squared Capital for $2.15 billion. The sale includes a multitude of assets, including a 103,000 km fibre network that spans 400 points of presence across 31 metro areas and 103 cities in Europe and North America…read more on TotalTele.com »
Tags: selling
division
billion
infrastructure
GTT sells infrastructure division for USD 2.15 billion
2020-10-16 15:50:00| Telecompaper Headlines
(Telecompaper) GTT Communications said it has agreed to sell its infrastructure division to investment group I Squared Capital for USD 2.15 billion. GTT interim CEO Ernie Ortega said the divestment will enable the company to better focus on network investment and the development of high-speed infrastructure services. It will also reinforce GTT's capex light business model and its strategy to develop cloud networking.
Tags: division
usd
billion
infrastructure
Argentina Wants $5 Billion Investment to Boost Vaca Muerta Production
2020-10-16 15:28:20| OGI
The plan unveiled on Oct. 15 aims to substitute natural gas production for imports, savings some $5.6 billion, the government said.
Tags: production
investment
argentina
billion
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