Asset Sales

OCI announces 9M 2008 Results Announcement

CAIRO, EGYPT, November 18 / MARKET WIRE/ -- Consolidated revenue grew 54.4% to USD 2,713.3 million (LE 14,723.6 million) versus USD 1,756.9 million (LE 10,005.1 million) in 9M 2007 which excludes the divested cement operations*...

Bisnode divests News Agency Direkt to Infront

Nov 18, 2008 (Hugin via COMTEX) -- Bisnode has signed an agreement with Norwegian Infront to divest News Agency Direkt, the Nordic region's leading financial newswire service with operations in Sweden and Denmark. The decision...

HSBC closes divestiture of stake in Financiera Independencia

HSBC Overseas Holding UK has completed the divestiture of its ownership stake in Financiera Independencia, a Mexican microfinance lender of personal loans to lower income segment individuals. Earlier it was announced that...

Regulator orders InBev to sell Labatt unit in U.S.

Labatt competes with Bud in upper New York Be the first to comment on this article... Dana Flavelle Business Reporter For the world's largest brewery, the sale of Labatt USA represents a small ripple in an ocean of beer. But...

HSBC Completes Divestiture of Stake in Financiera Independencia

MEXICO D.F., Nov. 14 /PRNewswire-FirstCall/ -- Financiera Independencia, S.A.B. de C.V., SOFOM, E.N.R. (BMV: FINDEP, FINDEP.MX), (Independencia) a Mexican microfinance lender of personal loans to lower income segment...

Lanco Infra divestment

Lanco Infratech Ltd has entered into share purchase agreements with Agri Gold Projects to divest its stake in two biomass projects in favour of the latter. According to company sources, the agreement was executed by Lanco...

Sprint's Nextel nightmare lingers

Sprint continues to be haunted by its $35 billion acquisition of Nextel Communications in 2005 as the company is forced to divest some of its Nextel network and is still struggling to get its finances back on track. Basically,...

Max to Actel: Don't you dare!

Did you see the recent news article Investor to Actel: Divest flash FPGAs ? Apparently Ramius LLC, an investment firm that holds 7.9 percent of Actel's common stock, wants the folks at Actel to divest (get rid of) their...

UPDATE - Bill Ackman takes stake in AIG, divests MBIA puts (at Reuters)

BANGALORE, Nov 13 (Reuters) - Hedge fund investor William Ackman has taken a 33.1 million share stake in American International Group (AIG.N: ) as of Sept. 30, a regulatory filing filed by his investment vehicle Pershing Square...

MAXIMUS Reports Fiscal 2008 Results

MAXIMUS (NYSE:MMS), a leading provider of government services, today reported results for its fourth quarter and fiscal year ended September 30, 2008, which reflects divestitures in fiscal 2008. .. - Read more

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