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Ericsson hires banks to sell media business - report

2017-06-21 13:10:00| Telecompaper Headlines

(Telecompaper) Ericsson has hired banks to explore a sale of its media business, people with knowledge of the matter told Bloomberg. Ericsson is working with Morgan Stanley to consider a sale of its media solutions business, and the company hired Goldman Sachs to find a buyer for its broadcast and media services unit, the report said. The businesses have reportedly attracted interest from private equity firms as well as technology and media companies.

Tags: business report media sell

Anbang Woes Deepen as Banks Said Told to Cut Business Ties

2017-06-15 21:08:00| National Real Estate Investor

Chinese authorities have asked lenders to suspend some business dealings with the insurer.

Tags: business cut told banks

Nintendo Banks on Switch Hit

2017-01-14 19:40:00| TechNewsWorld

Nintendo on Thursday announced the Nintendo Switch handheld gaming console, its long-awaited successor to the poorly received Wii 2. The $300 Switch will hit the streets March 3. Purchasers will get the console, two Joy-Con controllers, a Joy-Con Grip, a set of Joy-Con wrist straps, a Nintendo Switch dock, an HDMI cable and an AC adapter. The Switch can be used as an independent handheld player.

Tags: hit switch banks nintendo