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Tag: spin
Gap Backs Away from Plan to Spin Off Old Navy
2020-01-17 17:05:00| National Real Estate Investor
The apparel retailer abandoned its plan to spin off its best-performing division.
Telefonica unveils plan to spin off LatAm business and prioritise Spain, Brazil, UK, Germany
2019-11-28 09:23:00| Telecompaper Headlines
(Telecompaper) Telefonica has announced a major organisational restructure following a meeting of its board of directors. The company's 5-point plan to generate more than EUR 2 billion a year in additional revenues from 2022 onwards involves prioritising its four key markets of Spain, Brazil, Germany and the UK, carrying out an "operational spin-off" of its Latin American business and setting up a subsidiary for its cloud, cybersecurity and Internet of Things (IoT) businesses called Telefonica Tech and another for its infrastructure assets called Telefonica Infra.
Tags: business
plan
uk
germany
Novetex puts a positive spin on textile waste - Interview
2019-11-14 16:02:00| Daily apparel & textile news and comment - from just-style.com
Hong Kong-based yarn spinner Novetex Textiles is leading the charge towards sustainability with a HK$15m (US$1.9m) investment to help scale up a process developed by the Hong Kong Research Institute of Textiles and Apparel (HKRITA) to upcycle textile waste into yarns that can be reused to make garments. Chairman Ronna Chao explains more.
Tags: positive
interview
waste
puts
Reliance to spin off Jio and invest $15bn to allow future growth
2019-10-28 01:00:00| Total Telecom industry news
Reliance Industries is set to spin off its mobile network division, Reliance Jio, and invest over 1 trillion rupees ($15 billion) to allow the company to accelerate growth…read more on TotalTele.com »
TIM considers data centre spin off
2019-10-09 02:00:00| Total Telecom industry news
Italy's incumbent telecoms provider, Telecom Italia, has said that it would consider selling off its data centre business, according to reports in the press. "The data centre deal is an idea that could happen next year…read more on TotalTele.com »
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