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Home»Tag: sell

Tag Archives : sell

Real Estate

IL&FS likely to sell its headquarters, non-core real estate assets to reduce debt, says report

Loknath Das 02 Jun 2019 376 Views

Crisis-ridden Infrastructure Leasing and Financial Services (IL&FS) is planning to sell its Mumbai headquarters, along with other non-core real estate assets, in order to raise up to Rs 6,000 crore to reduce debt, reported The Economic Times. The move comes as the firm tries to reduce close to Rs 94,000 crore ... Read More »

Business

Intel is trying to sell its smartphone-modem business

Loknath Das 28 Apr 2019 344 Views

Intel is looking to sell its smartphone-modem business, now that it’s officially out of the race for 5G chipsets, The Wall Street Journal reports. In fact, Apple considered acquiring part of Intel’s modem ventures in talks that began last summer, but that deal stopped short just as Apple and Qualcomm reached a settlement in ... Read More »

Business

Old Mutual to sell asset management business for £600m

Loknath Das 19 Dec 2017 541 Views

The financial services giant is selling its single strategy asset management business for around £600m Old Mutual is to sell its single strategy asset management business to private equity firm TA Associates and the unit’s management team, which includes star fund manager Richard Buxton, for an expected £600m. The FTSE 100 finance ... Read More »

GE to sell $3 billion industrial solutions business

Saheli 15 Dec 2016 360 Views

General Electric Co (GE.N) said on Wednesday it would sell its $3 billion industrial solutions business, which makes electrical equipment, as part of a push to focus on its core businesses. The industrial conglomerate expects to raise about $4 billion from the sale of the unit as well as the ... Read More »

RCom to sell 51% in tower biz to Canadian firm for Rs 11,000 crore
Business

RCom to sell 51% in tower biz to Canadian firm for Rs 11,000 crore

Saheli 15 Oct 2016 307 Views

Debt laden Reliance Communications Ltd (RCom) of the Reliance Anil Dhirubhai Ambani Group has signed a non-binding term sheet for the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore. Under the term sheet, ... Read More »

Duke Energy Reaches Deals to Sell Bulk of Its International Energy Business

Saheli 12 Oct 2016 309 Views

Duke Energy Corp. has reached deals to sell the bulk of its international energy business for about $2.4 billion, roughly the lowered value of the businesses in its books. Charlotte, N.C.-based Duke, which last year bought Piedmont Natural Gas as it shifted focus to its regulated utilities business in the ... Read More »

Duke Energy Reaches Deals to Sell Bulk of Its International Energy Business
Business

Duke Energy Reaches Deals to Sell Bulk of Its International Energy Business

Saheli 12 Oct 2016 305 Views

Duke Energy Corp. has reached deals to sell the bulk of its international energy business for about $2.4 billion, roughly the lowered value of the businesses in its books. Charlotte, N.C.-based Duke, which last year bought Piedmont Natural Gas as it shifted focus to its regulated utilities business in the ... Read More »

Microsoft will sell ‘Minecraft: Education Edition’ on the Windows Store in November
Education

Microsoft will sell ‘Minecraft: Education Edition’ on the Windows Store in November

Saheli 23 Sep 2016 313 Views

Back in January, Microsoft announced Minecraft: Education Edition. Later, the company released an ‘early access’ version to some educators. At the time, some folks were dubious that a video game could serve as a legit tool in the classroom. With that said, Minecraft isn’t really a video game in the traditional ... Read More »

Tata Chemicals to sell urea business to Yara for Rs2,670 crore
Business

Tata Chemicals to sell urea business to Yara for Rs2,670 crore

Saheli 14 Aug 2016 387 Views

Mumbai: Tata Chemicals Ltd has agreed to sell its urea plant in Babrala, Uttar Pradesh, to the Indian unit of Norway-based Yara International ASA for Rs.2,670 crore, as it seeks to position itself as a maker of consumer products rather than fertilizers. The transaction, the first cross-border deal in the ... Read More »

Uber to sell China business to rival Didi Chuxing
Business

Uber to sell China business to rival Didi Chuxing

Saheli 06 Aug 2016 309 Views

Uber Technologies announced plans Monday to sell its business in China to rival ride-hailing service Didi Chuxing in a deal that values the merged Chinese company at $35 billion. U.S.-based Uber will receive a 17.7 percent economic stake in the combined company, according to a statement issued by Didi. Uber ... Read More »

Uber to sell China business to rival Didi Chuxing
Business

Uber to sell China business to rival Didi Chuxing

Saheli 03 Aug 2016 339 Views

Uber Technologies announced plans Monday to sell its business in China to rival ride-hailing service Didi Chuxing in a deal that values the merged Chinese company at $35 billion. U.S.-based Uber will receive a 17.7 percent economic stake in the combined company, according to a statement issued by Didi. Uber ... Read More »

Do Percentages Sell Better than Dollar Amounts?
Business

Do Percentages Sell Better than Dollar Amounts?

Saheli 26 Jul 2016 307 Views

Have you ever wondered if its better to give a discount based on the dollar-amount off the usual price (e.g., $50 off), or a percentage off (e.g., 30% off)? Which gets a better response? You want your offer to sound as irresistible as possible, and you may think you know ... Read More »

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