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Tag: sell business
Dong Energy to sell gas distribution business in Denmark for $351m
2016-05-12 01:00:00| Hydrocarbons Technology
Dong Energy has signed an agreement to sell its 100% ownership stake in gas distribution business in Denmark and related operational activities to Energinet.dk for kr2.3bn ($351m).
Tags: business
sell
distribution
energy
ABF plans to sell sugar business in China for $1bn
2016-05-12 01:00:00| Food Processing Technology
UK-based Associated British Foods (ABF) is reportedly considering to sell its China-based sugar business for $1bn, as it intends to focus on operations in Africa and Europe.
Tags: business
china
sell
plans
Cargill To Sell Dressings and Sauces Business to Ventura Foods
2016-05-03 18:10:00| Food Processing
Includes Port St. Lucie facility; price, size not disclosed.
Tags: business
sell
foods
ventura
Traders Sell International Business Machines Corp. (IBM) on Strength on Analyst Downgrade
2016-03-30 01:27:37| Semiconductors - Topix.net
Traders sold shares of International Business Machines Corp. on strength during trading on Tuesday after Societe Generale downgraded the stock from a hold rating to a sell rating, MarketBeat reports. $89.67 million flowed into the stock on the tick-up and $134.05 million flowed out of the stock on the tick-down, for a money net flow of $44.38 million out of the stock.
Tags: business
international
sell
machines
International Paper to sell Asian corrugated packaging business for $150m
2016-03-14 22:19:50| Paper - Topix.net
International Paper has agreed to sell its corrugated packaging business in China and Southeast Asia to Xiamen Bridge Hexing Equity Investment Partnership Enterprise. Under the terms of the transaction, IP will receive a total of approximately $150m, subject to post-closing adjustments and other payments, including the buyer's assumption of the liability for loans of approximately $50m to be paid to International Paper within six months of closing of the sale.
Tags: business
international
paper
sell
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