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Stora Enso divests its coreboard and core manufacturer Corenso
2014-09-30 11:01:08| Paper - Topix.net
The transaction's impact on is focusing on selected packaging segments in Packaging Solutions and Consumer Board and further developing and investing in these businesses. The divestment is a natural step in streamlining the business and transforming is one of the world's leading integrated producers of high-performance cores and high-quality coreboard.
Tags: core
manufacturer
stora
enso
Airtel divests African tower assets to Eaton Towers
2014-09-08 09:18:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel announced an agreement for the divestment of telecoms towers in Africa to Eaton Towers. Under the deal, Airtel will sell and lease back over 3,500 towers to Eaton in six countries across its African operations under a 10-year contract. The agreement will allow Airtel to focus on its core business and customers, enable it to deleverage through debt reduction, and will significantly reduce its on-going capital expenditure on passive infrastructure. Eaton Towers already operates in seven countries in Africa with over 5,000 towers under management. The agreement is subject to statutory and regulatory approvals in the respective countries.
Tags: african
assets
tower
towers
KKR divests stake in China Modern Dairy for $80m
2014-09-02 01:00:00| Food Processing Technology
US private equity firm KKR has sold its remaining stake in China Modern Dairy Holdings for an amount totalling $80m.
Tags: china
modern
stake
dairy
AUSTRALIA: Pacific Brands divests workwear unit amid FY loss
2014-08-26 21:49:04| Agriculture - Topix.net
Pacific Brands has moved to a net loss in its full-year and announced the divestment of its workwear business in a deal worth AUD18m.
Tags: australia
loss
unit
brands
AUSTRALIA: Pacific Brands divests workwear unit amid FY loss
2014-08-26 19:52:00| Daily apparel & textile news and comment - from just-style.com
Pacific Brands has moved to a net loss in its full-year and announced the divestment of its workwear business in a deal worth AUD18m.
Tags: australia
loss
unit
brands
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