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Li & Fung Said to Work With Citigroup on $2B Brands Unit Spinoff

2014-04-11 11:30:54| Logistics - Topix.net

Li & Fung Ltd. is working with Citigroup Inc. to spin off its brands business, valued at about $2 billion, people with knowledge of the matter said.

Tags: work unit brands citigroup

 

UK: Sears receives $500m from Lands' End spin-off

2014-04-07 15:18:00| Daily apparel & textile news and comment - from just-style.com

US retailer Sears Holdings Corporation has received US$500m from the spin off of its Lands' End apparel business.

Tags: end receives lands sears

 
 

Li & Fung shares soar 21pc as investors buy into spin-off plan

2014-04-03 10:09:48| Logistics - Topix.net

Shares of global sourcing and trading firm Li & Fung shot up 21.17 per cent yesterday, the most in five years after it announced better than expected earnings and a plan to spin off its licensee operations.

Tags: buy plan shares investors

 

Hertz Spin-Off Would Jump-Start Rentals, Analysts Say

2014-03-24 19:57:30| ENR.com: Headline News

Hertz hopes to capitalize upon a 37.6% forecasted growth in North America equipment rental activity over the next three years.

Tags: rentals analysts hertz jumpstart

 

Breakingviews: Can spin-off turn in Li & Fung's favor?

2014-03-21 17:24:42| Logistics - Topix.net

Wells Fargo's Walter Price says analysts aren't giving Google enough credit for growth in its mobile and video businesses and says the stock holds more opportunity than rival internet giant Yahoo.

Tags: turn favor spinoff fungs

 

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