The move has put immense pressure on the Tokyo Stock Exchange. With the U.S. and Japan huddling together to block a common foe, China, it is to be seen how Foxconn’s offer, which is $10 billion more than Toshiba’s internal… Read More ›
sale
Unilever could potentially divest its food brands: Sources
There have been several reports by leading news reporters which increase the probability of this 6 billion pound divesture. British newspapers have reported that Unilever is preparing a $7.44 billion (6 billion pound) sale of some it’s some of its… Read More ›
Elliot Management prodding Citrix to seek buyers
The activist hedge fund got a seat in Citrix’s board in 2015. The company is now looking for strategic alternatives, including a potential sale. According to people who choose to remain anonymous, Citrix Systems Inc, is looking for strategic alternatives,… Read More ›
EDF Energies Nouvelles in the fray for purchasing SunPower’s 100MW El Pelicano solar plant
The solar industry in Chile is in the midst of a consolidation. As per two sources with knowledge of the process have disclosed that SunPower Corp has placed the 100-megawatt El Pelicano solar plant up for sale, as part of… Read More ›
Activist investor Trian Fund Management LP takes a $3.5 billion stake at P&G
While this marks the largest ever investment by an activist investor in Proctor & Gamble, it is interesting to note that the company has made significant strides in boosting its revenues in the last quarter especially in the healthcare and… Read More ›
Toshiba considering selling its stake to Western Digital at its NAND flash memory plant
Although Toshiba is yet evaluating its options, the move will boost its capital base. As per a source who has been briefed on the discussions, Toshiba Corp is in talks to sell its minority stake in its flash memory business… Read More ›
Kate Spade’s looking for a deal: WSJ
Increased competition and its focus on brick-and-mortar stores instead of online shopping models could be some of the reasons for its lackluster performance. Its underpriced shares have attracted sharks, with hedge funds stating that it could make a good acquisition…. Read More ›
Airbus will lease NOT sell 7 aircrafts to Iran
Negating what was reported earlier, which based itself from quotes from Iran’s news agency, Airbus will lease 7 aircrafts to Iran’s flagship carrier. As per two sources from the aviation industry, Teheran’s Aseman Airlines has agreed to lease seven Airbus… Read More ›
Trump needs to sell his business interest entirely to avoid any conflict of interest: legal experts
Trump has set Dec. 15 as the date on which he will make his stand clear. He will have to disassociate himself and his kids from all of his business interests before he takes office on January 20, 2017. Before… Read More ›
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