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Fosun Plans Asset Sales in Reversal of $15 Billion M&A Spree
2016-08-01 16:02:00| National Real Estate Investor
Bloomberg News Fosun Group, one of Chinas most acquisitive conglomerates, is preparing to sell as much as 40 billion yuan ($6 billion) in assets as it focuses on raising its credit rating to above junk. read more
Yahoo cuts 1,650 jobs, plans asset sales
2016-02-03 01:00:00| Total Telecom industry news
Internet company announces another new turnaround plan as Q4 results show hefty net loss on multi-billion-dollar writedowns.
Brazil's Gerdau considers potential asset sales
2015-08-13 06:43:51| Steel - Topix.net
Aug 12 Brazilian steelmaker Gerdau SA is re-evaluating the profitability of its joint ventures for potential future asset sales, Chief Executive Andre Gerdau Johannpeter told analysts in a conference call on Wednesday.
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Chevron accelerating asset sales to $15 billion on oil slide
2015-03-11 11:19:16| Energy - Topix.net
Chevron will increase asset sales by 50 percent to $15 billion and curtail new investment for the next two years after plunging oil prices squeezed cash flow for the second-biggest U.S. energy producer. Chevron's divestment of oil and natural gas fields and other exploration and production assets will continue through 2017, Chairman and Chief Executive Officer John Watson said during a presentation to analysts in New York on Tuesday.
Chevron accelerating asset sales to $15 billion on oil slide
2015-03-11 03:32:32| Oil & Gas - Topix.net
Chevron will increase asset sales by 50 percent to $15 billion and curtail new investment for the next two years after plunging oil prices squeezed cash flow for the second-biggest U.S. energy producer. Chevron's divestment of oil and natural gas fields and other exploration and production assets will continue through 2017, Chairman and Chief Executive Officer John Watson said during a presentation to analysts in New York on Tuesday.