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Huawei to sell Honor smartphone business assets for up to CNY 25 bln report

2020-10-14 08:41:00| Telecompaper Headlines

(Telecompaper) Details on the exact assets that will be included in the sale are yet to be finalized, but are expected to include Honor's brand, research development capabilities and related supply chain management business, two of the sources said. The deal may be an all-cash sale, one of the sources added.

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Gogo looks to sell commercial aviation Wi-Fi business as Q2 sales fall 55%

2020-08-10 16:16:00| Telecompaper Headlines

(Telecompaper) Gogo said its revenues fell 55 percent year-on-year to USD 97 million in the second quarter, after the sharp slowdown in air travel during the coronavirus pandemic dampened its sales of in-flight connectivity. While the business aviation market shows some signs of recovery, the company has started to look at selling its commercial aviation business. 

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Ashland to Sell Maleic Anhydride Business to AOC Materials, LLC for $100 Million

2020-07-30 16:00:39| Coatings World Breaking News

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Centrica to Sell North American Energy Business to NRG for $3.63 Billion

2020-07-24 19:45:00| OGI

Centrica said it remains committed to exiting exit oil and gas production but has paused planned divestment of its 69% shareholding in North Sea oil and gas producer Spirit Energy.

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Intel in talks to sell connected home business to MaxLinear - report

2020-02-19 08:46:00| Telecompaper Headlines

(Telecompaper) Intel is in talks to sell its connected home unit to MaxLinear, people familiar with the matter told Bloomberg. 

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