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China's Smithfield Foods sells stake in Campofrio Food Group

2015-06-04 07:34:41| Food - Topix.net

Smithfield Foods products are on display during WH Group's IPO in Hong Kong as the unit of the Chinese company sold its stake in Campofrio. Photo: Reuters Smithfield Foods has sold its entire 37 per cent stake in Campofrio Food Group for US$354 million in cash to Alfa, a Mexican conglomerate whose businesses include food, IT and automotive engine parts, the parent company of Smithfield said in a statement on Thursday.

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Balfour Beatty sells stake in Signalling Solutions to Alstom

2015-05-29 01:00:00| Railway Technology

UK infrastructure firm Balfour Beatty has sold its 50% stake in joint venture Signalling Solutions (SSL) to French partner Alstom for an undisclosed amount.

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Ireland sells Aer Lingus stake to IAG

2015-05-26 22:00:58| BBC News | Business | UK Edition

The Irish government agrees to sell its 25% stake in Aer Lingus to IAG, the owner of British Airways.

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Expedia sells stake in Chinese travel service

2015-05-22 18:59:50| Apparel - Topix.net

Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million. Before the market opened, Bellevue, Washington-based Expedia said that it had sold its 62.4 percent share in eLong to a group that includes Ctrip.com International Ltd., Keystone Lodgings Holdings Ltd., Plateno Group Ltd. and Luxuriant Holdings Ltd. The company said the transaction closed Friday.

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HP sells China unit stake for $2.3bn

2015-05-22 03:05:53| BBC News | Business | UK Edition

US tech giant Hewlett-Packard is selling a 51% stake in its Chinese server business for $2.3bn (1.4bn) to Tsinghua Holdings.

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