All posts tagged divestment
Greece aims to sell stakes in Postbank and Proton Bank in July
Greece’s rescue fund Hellenic Financial Stability Fund (HFSF) intends to divest Hellenic Postbank SA (ATH:TT) and Proton Bank SA by the middle of July, Reuters said, citing an inspection review by the European Union (EU) and the International Monetary Fund …
Spain’s Telefonica considers asset disposals in a move to cut debt
Spanish telecom operator Telefonica SA (MCE:TEF) is mulling over additional divestments, which may include its Irish and Czech operations, assets in Central America and its minority holding in
US hedge fund Omega Advisors leaves Apple for Facebook
Leon Cooperman's hedge fund Omega Advisors divested the shares it held in US technology major
Germany’s Siemens hires Rothschild to divest security products unit
German engineering group Siemens AG (ETR:SIE) intends to divest its Sweden-based security products business and has appointed investment bank Rothschild to advise it on the process, Bloomberg reported
Food giant Kraft secures tax-free spin off of grocery unit to shareholders
Kraft Foods Inc (NYSE:KFT) said on Friday the US Internal Revenue Service (IRS) had given its consent to the tax-free spin-off of its North American grocery business to
Reimann family sells 4.9% stake in Reckitt Benckiser for £1.2bn
German Reimann family's JAB Holdings BV said on Thursday it had sold to institutional investors 36m shares in British consumer goods firm Reckitt Benckiser Group plc (LON:RB), or
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