In a statement, Ford Motor Co said, it has commenced production of its new F-150 pickup truck at its Dearborn, Michigan, facility. It expects the F-150 to go on sale this November. The new F-150 launch is “on time and… Read More ›
sale
TPH hires Morgan Stanley and JPMorgan Chase for potential sale of Astound
According to sources familiar with the matter at hand, private equity firm TPG is exploring the potential sale of Astound in a deal that could value the “owner of a U.S. network of regional cable TV and internet providers at… Read More ›
BHP Group reshuffles petroleum portfolio, puts up stake in Australian Bass Strait assets for sale
On Tuesday, in a statement the BHP Group said, it plans on selling its stake in the Australian Bass Strait’s oil and gas assets, as it attempts to increase its focus on higher value petroleum assets. The Bass Strait joint… Read More ›
Pent up real estate demand keeps property prices hot across the board: Rightmove
According to British real estate industry data released on Monday, Britons have purchased and sold a record number of homes between mid July and early August with pent up demand from the Wuhan coronavirus and a desire to leave London… Read More ›
SoftBank to sell potion of its stake in T-Mobile U.S. to controlling shareholder Deutsche Telekom AG
On Monday, a report from the Wall Street Journal citing anonymous sources stated SoftBank Group Corp is in talks to sell “a significant portion” of its stake in T-Mobile US to controlling shareholder Deutsche Telekom AG. “A deal would see… Read More ›
GlaxoSmithKline sells 100% stake in Unilever’s Indian business for $3.35 billion
On Thursday, in a statement GlaxoSmithKline said, it has agreed to sell 100% of stake in Unilever’s Indian business for nearly $3.35 billion (around 254.8 billion rupees) on the open market. The development marks the British multinational pharmaceutical company cashing… Read More ›
Private equity firms Silver Lake Partners & Apollo Global Management Inc in advanced talks to buy stake in Expedia for $1 billion
According to a report from the Wall Street Journal, Expedia Group Inc, an online travel services company, is in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for around $1 billion…. Read More ›
Trump-Modi agree to promptly conclude U.S.-India trade deal: White House
In a statement, the White House said, U.S. President Donald Trump and his counterpart Indian Prime Minister Narendra Modi have agreed to “promptly” conclude ongoing trade talks which they hope can lead to the first phase of a bilateral U.S.-India… Read More ›
JPMorgan selected as adviser for sale of stake in Turkey’s $7.3 billion motorway: source
According to four sources familiar with the matter at hand, JPMorgan has selected picked as an adviser for the sale of a stake in a $7.3 billion motorway in Turkey. The project has been billed as a landmark project in… Read More ›
Britain’s TalkTalk sells fiber optic network to CityFibre for $260 million
On Tuesday, British broadband supplier TalkTalk stated, it has agreed to sell its fiber network to CityFibre for $260 million (200 million pounds). TalkTalk said it had agreed to a wholesale agreement with Goldman Sachs-backed CityFibre for its residential and… Read More ›
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