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Nestlé to sell Jenny Craig assets to North Castle Partners

2013-11-08 01:00:00| Food Processing Technology

Nestlé has entered into an agreement to sell its Jenny Craig diet business unit to US-based private equity firm North Castle Partners.

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Tata Steel might sell assets worth $1.2 billion: Sources

2013-10-10 11:20:32| Automakers - Topix.net

Tata Steel has 54.5 per cent stake in Tata Sponge and Tayo Rolls, and a 5.6 per cent stake in Tata Motors worth Rs 5,300 crore , apart from 4.4 per cent in Titan Industries.

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Tata Steel might sell assets worth $1.2 billion: Sources

2013-10-10 08:31:51| Steel - Topix.net

Tata Steel has 54.5 per cent stake in Tata Sponge and Tayo Rolls, and a 5.6 per cent stake in Tata Motors worth Rs 5,300 crore , apart from 4.4 per cent in Titan Industries.

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BlackBerry plans quick auction to sell assets - report

2013-09-05 08:50:00| Telecompaper Headlines

(Telecompaper) BlackBerry plans to run a quick auction to sell off its assets, which could be wrapped up by November, people familiar with the matter told the Wall Street Journal. The smartphone maker announced in August that it had formed a special committee of board members to "explore strategic alternatives." Since then, the company has held preliminary talks with parties interested in buying part or all of the company, the paper said. It has narrowed its list of potential bidders to seek out in a sales process expected to begin soon. People close to the process said that financial players in Canada and the US, such as the Canada Pension Plan Investment Board and Bain Capital, are expected to consider bids, as well as some Asian tech companies including Chinese smartphone and computer maker Lenovo. Any deal will likely include more than one buyer each taking over part of the company, the report said.

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Apache agrees to sell Canadian oil and gas assets to Ember Resources

2013-08-16 01:00:00| Hydrocarbons Technology

US oil and gas company Apache has signed an approximately $214m agreement with Ember Resources to sell oil and gas-producing properties located in the Nevis, North Grant Lands and South Grant Lands areas of western Alberta.

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