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California Resources Sells Ventura Basin Operations for $102 Million

2021-08-06 23:45:00| OGI

California Resources, whose operations focus in the Golden State, revealed the sale as well as a $53 million acquisition in a release announcing the independent oil and natural gas companys second-quarter results.

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BT sells LatAm operations in 16 countries to CIH

2020-03-20 09:17:00| Telecompaper Headlines

(Telecompaper) BT has reached an agreement to sell selected domestic operations and infrastructure across 16 countries in Latin America to CIH Telecommunications Americas LLC, an affiliate of CIH Technology Holdings, as part of the ongoing transformation of its Global unit. No financial details were disclosed but BT said the assets and operations in the scope of the transaction delivered revenue of GBP 110 million in the 2018-19 fiscal year.

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Vodacom sells business operations in 5 markets, partners with local buyers

2019-06-21 09:35:00| Telecompaper Headlines

(Telecompaper) Vodacom Group has announced a strategic repositioning of its Vodacom Business Africa operations. The company is selling off the activities and instead partnering with local operators in Nigeria, Zambia, Angola, Ghana and Cote d'Ivoire. 

Tags: business local partners operations

 

Liberty Global sells DTH satellite TV operations in four Eastern European markets to M7 Group

2018-12-21 10:33:00| Telecompaper Headlines

(Telecompaper) Liberty Global has reached an agreement to sell its DTH satellite TV operations in four Eastern European markets to M7 Group. Liberty Global will sell its DTH operations for a total enterprise value of approximately EUR 180 million, subject to customary debt and working capital adjustments at completion. Closing of the transaction is subject to regulatory approval, which is expected in the first half of 2019. The plan to sell the satellite TV operations was announced at the beginning of November.

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UK-based Carr's Group sells flour milling operations to Whitworths

2016-09-06 01:00:00| Food Processing Technology

UK-based agriculture and food company Carr's has sold its Flour Mills business to Whitworths Holdings, a flour milling company.

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