Bruce Springsteen has reportedly sold his music rights to Sony for half a billion dollars, the latest superstar singer to join a frenzy of catalog sales fueled by the pandemic. According to The New York Times and US entertainment outlet Billboard, the sale consists of Springsteen’s music catalog as ... Read More »
Mumbai: Reliance Capital Ltd has sold a less than 1 per cent stake in payments and e-commerce startup One97 Communications to Alibaba Group Holding for Rs. 275 crore ($41.25 million), a source with direct knowledge of deal said on Tuesday. The deal valued One97, which owns and operates India’s ... Read More »
Students at a Chinese university now have the option to test themselves for HIV at their convenience, as they can now purchase affordable testing kits in vending machines. The urine test kits cost approximately $4.40 and are sold next to instant noodles and other snacks at Southwest Petroleum University in ... Read More »
The listed Ardent Leisure Group today unveiled a surprise deal to sell its health clubs division, comprising Goodlife Health Clubs and Hypoxi, to private equity house Quadrant for $260 million. The group, led by businesswoman Deborah Thomas, has also offered up its marinas for sale in a deal worth over ... Read More »
MUMBAI: Tata Group on Wednesday said it has sold its Urea business, part of Tata ChemicalsBSE -0.59 % to Pune-based Yara Fertilizers India for a consideration of Rs 2670 crore. “The board has agreed for the transfer of the business of sale and distribution of Urea and customized fertilisers, manufactured ... Read More »
U.S. shale player Noble Energy Inc. said it took a loss during the second quarter despite setting a record in terms of the amount of oil and natural gas sold. Noble, which holds an interest in key shale basins in Texas and Colorado, said it sold a record level of ... Read More »
Dollar Shave Club, the subscription online razor and toiletry service, has sold to Unilever for a reported $1 billion. Unilever, maker of Axe Body Spray and Dove Soap reportedly paid cash for the private, Los-angeles-based company. The terms of the deal were not disclosed in a press release, but Fortune ... Read More »
The deal will help JP Associates reduce its debt, which runs into thousands of crores of rupees Debt-ridden Jaiprakash Associates on Thursday announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900 crore, marking the biggest consolidation in the cement sector. However, the size ... Read More »
