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UPDATE 2-JetBlue to sell in-flight TV business in cost-cutting drive

2014-03-13 20:38:08| Airlines - Topix.net

JetBlue Airways Corp said it would sell its in-flight entertainment business, LiveTV, to French defense electronics company Thales Group for $400 million as it looks to cut costs.

Tags: business sell drive update

 

MEXICO: Grupo Modelo to sell retail business to up beer focus

2014-02-10 17:40:00| Daily beverage news and comment - from just-drinks.com

Grupo Modelo, Anheuser-Busch InBev's Mexican subsidiary, has agreed to sell its convenience store business 'Extra' in order to focus on its beer operations.

Tags: business sell mexico focus

 
 

Sony to sell PC business to focus on phones - report

2014-02-05 08:53:00| Telecompaper Headlines

(Telecompaper) Sony is in talks to unload its PC business to investment fund Japan Industrial Partners, in order to focus more on smartphones, people familiar with the matter told the Nikkei. Under the plan, the fund will establish a new company to which Sony will sell its entire PC business. The sale price is estimated at JPY 40-50 billion (USD 391-489 million). The new entity would continue to sell PCs under the Vaio brand and also handle after-sales service. Sony will continue to hold a small stake in the new company, which will focus on the Japan market and withdraw from most other countries. Sony was the ninth-ranked PC maker in the world with a 1.9 percent share of all PCs shipped during the January-September period of 2013, according to IDC. Sony does not break down figures for the PC business, which is grouped in the same division as mobile phones, but it is thought to be losing money.

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Rexam to sell healthcare packaging business to Montagu

2014-02-04 01:00:00| Packaging Gateway

Global drinks can manufacturer Rexam has agreed to sell its pharmaceutical devices and prescription retail packaging units to Montagu Private Equity for $805m.

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IBM Revives Effort to Sell Low-End Server Business - Sources

2014-01-20 09:26:10| Electronics - Topix.net

IBM Revives Effort to Sell Low-End Server Business - Sources - Revives An Effort That Came Close To Yielding A Deal Last Year - International Business Machines Corp. is exploring a sale of its low-end server business, according to people familiar with the matter, reviving an effort that came close to yielding a deal last year.

Tags: business sell server sources

 

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