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Shell to Sell Stake in Tongyi Lubricants to Huo's Group and The Carlyle Group

Dec 9, 2016

Tongyi, a joint venture between Shell and Huo’s Group, is a prominent Chinese lubricant supplier with blending plants in Beijing, Xianyang of Shaanxi province and Wuxi of Jiangsu province. Shell acquired its 75% stake from Huo’s ...

Tags: Shell, Huo's Group, lubricant

Nissan to Sell Stake in Auto Parts Supplier Calsonic Kansei to KKR

Nov 29, 2016

Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...

Tags: Nissan Motor, KKR

Carlsberg to Sell Stake in Malawi Business to Castel Group

Aug 15, 2016

Carlsberg Group has signed an agreement to sell 59% of its share in Carlsberg Malawi Limited to Castel Group. The registration of the transaction is pending certain regulatory and corporate approvals. The transaction is in line with ...

Tags: Carlsberg Group, agreement, Malawi

Hampshire Group Plans to Sell Stake in Rio Garment

Apr 16, 2015

Hampshire Group said it has signed an agreement to sell the stock of Rio Garment S.A. to a group led by the current Rio management, which includes David Gren, the president of Rio. Hampshire signed a deal to sell its stake for $6 ...

Tags: Hampshire Group, Rio Garment, Garment

Birla Group New Development Plan

Apr 10, 2015

The Aditya Birla Group has proposed a four-way restructuring plan to bring its retail business under Pantaloon Fashion & Retail (PFRL) and offer a maximum of 10 per cent equity stake to an investor in the consolidated entity, according to ...

Tags: Birla Group, Pantaloons Fashion

Moeller-Maersk Plans to Sell Its Stake in a Supermarket and Department Store

Jan 8, 2014

Maersk Group/Flickr A.P. Moeller-Maersk plans to sell its stake in a supermarket and department store to focus on transport and energy, Bloomberg News reported. The owner of the world's largest container line, with 3.4 million ...

Tags: A.P.Moeller-Maersk, sell stake, Dansk Supermarked, Nils Andersen

Trafigura's Mining Group Has Entered Into an Agreement to Sell Its 98.68% Stake

Dec 19, 2013

Trafigura's Mining Group announced that it has entered into an agreement to sell its 98.68% stake in Compañia Minera Condestable SA ("CMC") to Southern Peaks Mining LP ("SPM"). Completion of the sale is subject to certain conditions ...

Tags: Trafigura, Compañia Minera Condestable SA

General Motors Will Sell Its Entire Seven Per Cent Stake in Psa Peugeot Citroen

Dec 17, 2013

General Motors will sell its entire seven per cent stake in PSA Peugeot Citroen and scale back its collaborative efforts with the French car maker. GM vice chairman Steve Girsky says the US-based manufacturer plans to sell the 24,839,429 ...

Tags: Peugeot Citroen, GM

Nestle Has Unveiled Plans to Sell Its 10% Stake in Swiss Flavorings Maker Givaudan

Dec 10, 2013

Swiss food giant Nestlé has unveiled plans to sell its 10% stake in Swiss flavorings maker Givaudan in a deal worth over $1bn, as part of its efforts to focus more on its core food businesses. The company has launched the sale of ...

Tags: Nest, Food

Chalco Hong Kong Ltd Has Agreed to Sell Its Equity Stake to Ease Funding Pressure

Oct 23, 2013

Chalco Hong Kong Ltd, has agreed to sell its equity stake in Chalco Iron Ore Holding to Chinalco Overseas Holdings to ease funding pressure from the joint venture Simandou iron ore project in Guinea, Chalco said in a filing to the Hong Kong ...

Tags: Iron Ore Project, Chalco

PSA Peugeot-Citroen Is in Talks to Divest Stake to Chinese Partner

Oct 23, 2013

French car maker PSA Peugeot-Citroen is in talks to divest stake to Chinese partner Dongfeng and the French state, in order to raise as much as EUR3bn in a capital increase. The company plans to conclude a draft agreement with state-owned ...

Tags: Peugeot-Citroen, PSA

Visa Steel Limited Plans to Sell Stake to Expand

Dec 25, 2012

The media had reports that Visa Steel Limited plans to sell stake to expand. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the ...

Tags: Steel Pipes, Steel Tubes, Metals in Steel, Steel Industry

Singapore Airlines Is to Sell Its 49% Stake in Virgin Atlantic Ltd to Delta Air Lines

Dec 17, 2012

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

Apple and Qualcomm Have Failed in Their Separate Attempts to Invest in TSMC

Dec 11, 2012

The two companies had bid over $1bn each to secure access to TSMC products. Apple and Qualcomm have failed in their separate attempts to invest in Taiwan Semiconductor Manufacturing (TSMC) which would have ensured them secure chips for ...

Tags: Apple, Qualcomm, TSMC products, smartphones

Egypt's ASEC Cement Is to Sell a Minority Stake in Its Algeria-Based Operations

Sep 24, 2012

Egypt s ASEC Cement is in talks with the Algerian government to sell a minority stake in its Algeria-based operations, Ahram has reported. Algeria aims to acquire 49% of ASEC Cement Algeria by increasing the company s paid up capital, which ...

Tags: market view, cement

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