Lonza Group and Monument Chemical has announced the completion of the sale of Lonza Group's Performance Urethanes and Organics business located in Brandenburg, Kentucky. The transaction was announced in November 2012. Financial terms are ...
Tags: Lonza Group, Monument Chemical, completion, Performance Urethanes
Appointment of administrators,sale of the business and cancellation of listing following receipt of final offers for the business and assets of JJB Sports plc and the suspension of the company's ordinary shares on 24 September 2012,the ...
Singapore Airlines is to sell its 49% stake in Virgin Atlantic Ltd to Delta Air Lines. Under the agreement, Delta will pay US$360 million in cash for Singapore Airlines’ entire shareholding in the UK-based airline group. The ...
Tags: Singapore Airlines, sell stake, airline group, transportation
US insurer American International Group (AIG) has launched a sale proceed in Hong Kong to offload $2bn worth of ordinary shares of AIA by placing it to certain institutional investors. The fund raised by the sale of the proposed shares ...
Tags: AIG, ordinary share, insurance company, insurance
The Federal Reserve Bank of New York (New York Fed) has completed the sale of the remaining securities in the Maiden Lane III (ML III) portfolio. The apex banking regulator said that it garnered a net gain for the benefit of the public of ...
Tags: New York Fed, remaining securities, Maiden Lane III, finance
Visteon has completed the sale of its automotive lighting business to Varroc, a provider of automotive parts, for $72m. In 2011, Visteon's automotive lighting business had revenue of $531m and includes a range of exterior lighting ...
Tags: automotive lighting, exterior lighting products, rear lighting systems