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VOXX to sell its German accessories business to HF Company for approx. $19M

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 12th, 2019

Procter & Gamble pays $4.2 billion for Merck division

German pharmaceutical and materials company Merck says has agreed to sell its global consumer health business to Procter & Gamble for 3.4 billion euros in cash. .....»»

Category: topSource: moneycentralApr 19th, 2018

Procter & Gamble pays $4.2 bln for unit of Germany"s Merck

German pharmaceutical and chemical company Merck says it has agreed to sell its global consumer health business to Procter & Gamble for 3.4 billion euros ($4.2 billion) in cash......»»

Category: topSource: foxnewsApr 19th, 2018

Linde, Praxair eye merger close this year after European sale

TOKYO/BERLIN (Reuters) - German industrial gases company Linde and peer Praxis are hoping to seal their merger this year, after agreeing to sell Praxair's European gases business to Japanese rival Taiyo Nippon Sanso Corp......»»

Category: topSource: reutersJul 5th, 2018

Exxon Mobil says may sell all stakes in offshore Norwegian fields: newspaper

Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a company spokesman told business daily Dagens Naeringsliv......»»

Category: topSource: reutersJun 22nd, 2019

Overstock gets ready to exit retail business and dive into blockchain

Overstock is making a bold transformation into a blockchain company, but its plans hit a snag last year. Efforts to sell the retail business have recently heated up, CEO Patrick Byrne told CNN Business......»»

Category: topSource: moneycentralJun 21st, 2019

Overstock CEO Says Company"s Retail Business Has Multiple Suitors

Overstock.com, Inc. (NASDAQ: OSTK)'s efforts to sell its retail business have intensified, said CEO Patrick Byrne, according to CNN Business. read more.....»»

Category: blogSource: benzingaJun 21st, 2019

Bay area shipwreck company"s new business model is in an ebb-and-flow motion

Odyssey Marine Exploration Inc., which operates through its Mexican subsidiary Exploraciones Oceánicas, has signed a letter of intent to sell up to one-third of the 15 percent equity the company owns in an early stage mineral project for up to $5 mi.....»»

Category: topSource: bizjournalsJun 20th, 2019

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company......»»

Category: topSource: reutersJun 14th, 2019

H.B. Fuller will sell thickeners unit for $71 million

Chemicals maker H.B. Fuller Co. said this week it plans to sell its surfactants, thickeners and dispersants business to Georgia-based Tiarco in a $71 million deal. The St. Paul company had acquired the business, whose operations are also in Geo.....»»

Category: topSource: bizjournalsJun 13th, 2019

Newell to Sell USPC Business, Transformation Plan on Track

Newell (NWL) agrees to divest the United States Playing Card Company to Cartamundi Group. This move is in sync with the compa.....»»

Category: smallbizSource: nytJun 6th, 2019

Devon Energy Divests Canadian Business To Canadian Natural Resources For $2.8B

U.S.-based energy company Devon Energy Corp (NYSE: DVN) said Wednesday it reached an agreement to sell its Canadian business for C$3.8 billion ($2.8 billion USD) to Canadian Natural Resources Ltd (NYSE: CNQ). read more.....»»

Category: blogSource: benzingaMay 29th, 2019

Portland part of Daimler Trucks" new autonomous driving organization

The new business organization is meant to unify the German company's automated driving work......»»

Category: topSource: bizjournalsMay 29th, 2019

Sports Illustrated sold for $110 million

Media company Meredith Corp said on Monday it has agreed to sell Sports Illustrated to U.S-based entertainment company Authentic Brands Group LLC for $110 million, as it looks to scale its digital media business......»»

Category: videoSource: reutersMay 28th, 2019

Sports Illustrated sold for $110 million

Media company Meredith Corp said on Monday it has agreed to sell Sports Illustrated to U.S-based entertainment company Authentic Brands Group LLC for $110 million, as it looks to scale its digital media business. Yahaira Jacquez reports......»»

Category: topSource: moneycentralMay 28th, 2019

German business climate down, as economy lacks momentum

A closely watched index of German business optimism has fallen for the second month in a row as the mood among company managers in Europe's largest economy weakened further......»»

Category: topSource: foxnewsMay 23rd, 2019

Colfax reportedly close to selling air and gas unit for $1.8B

Colfax Corp. reportedly plans to sell its air and gas handling business division for more than $1.8 billion to help pay for a major purchase the company closed on earlier this year. Annapolis Junction-based Colfax is close to a deal with private e.....»»

Category: topSource: bizjournalsMay 13th, 2019

3 Strategies Real Estate Tech Can’t Replicate

Ever heard of the iBuyer market? In this space, sellers can request an offer from a large company that will then buy their home, list it and sell it to someone else. This has been part of the business model at companies like Zillow and Opendoor for a .....»»

Category: realestateSource: rismediaMay 10th, 2019

Siemens to cut thousands of jobs in major overhaul

German industrial equipment and technology supplier Siemens AG says net profit fell 5% in the first three months of the year as the company heads into a major restructuring involving the spinoff of its oil, gas and power generation business......»»

Category: topSource: foxnewsMay 8th, 2019

Brazil"s Petrobras details refinery, other asset sale plans

Brazil's state-controlled oil company Petrobras on Friday for the first time detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business......»»

Category: topSource: reutersApr 26th, 2019

Analysts Review Stryker"s Q1: "The Underlying Business Momentum Remains Strong"

Medical technology and orthopedic implant company Stryker Corporation (NYSE: SYK) reported an earnings beat Tuesday, and three sell-side analys.....»»

Category: blogSource: benzingaApr 24th, 2019