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L Brands sells majority stake in Victoria"s Secret, CEO Wexner to step down
L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand......»»
London Stock Exchange in talks to combine with Refinitiv: source
The London Stock Exchange Group Plc (LSE) is in talks to combine with Refinitiv, less than a year after Blackstone Group Inc bought a majority stake in the data analytics platform in a $20 billion deal, a person familiar with the matter said on Friday......»»
Apple takes majority stake in Intel modem unit
Apple agreed Thursday to pay $1 billion to acquire the majority of Intel's smartphone modem business, a move giving the iPhone maker more control over its supply chain......»»
Apple buys Intel modem chip unit for $1 billion
Apple took a major step toward supplying its own smartphone chips on Thursday with the $1 billion purchase of a majority of Intel's modem chip business.....»»
Apple buys Intel chip unit in $1 billion deal
Apple took a major step toward supplying its own smartphone chips by purchasing the majority of Intel's modem business in a deal valued at $1 billion, the companies said Thursday......»»
Apple pays $1 billion for Intel unit in push for chip independence
Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp's modem business in a deal valued at $1 billion, the companies said on Thursday......»»
WPP in exclusive talks to sell Kantar stake to Bain Capital
WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth......»»
Toshiba still aiming to complete sale of memory chip unit soon
TOKYO (Reuters) - Toshiba Corp said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did not get approval from Chinese regulators by May......»»
Activist fund says Toshiba chip unit worth as much as $40 billion
Toshiba Memory, the world's No. 2 producer of NAND chips, is due to be sold for 2 trillion yen ($18.6 billion).....»»
Toshiba Pessimistic About Prospects for $18 Billion Chip Deal
Toshiba is accelerating a review of alternatives to selling its NAND flash-memory unit to a group led by Bain Capital because company officials consider near-term Chinese antitrust approval unlikely......»»
Toshiba says memory chip unit sale to boost annual profit by a third
TOKYO (Reuters) - Japan's Toshiba Corp said it expects net income to jump 33 percent this financial year thanks to profits from the planned $18 billion sale of its memory chip unit......»»
Toshiba upbeat about Chinese review of $18 billion chip unit sale
TOKYO (Reuters) - Toshiba Corp is upbeat about the prospects of clearing China's antimonopoly review of the $18 billion sale of its chip unit, its CEO said, dismissing reports it may pursue alternative plans if the review drags beyond the deal's deadline......»»
China Approves Toshiba"s $18 Billion Sale of Its Memory-Chip Unit
Private-equity firm Bain Capital received approval from Chinese antitrust regulators for its deal to buy Toshiba’s memory-chip unit......»»
China approves sale of $18 billion Toshiba chip unit to Bain-led consortium: NHK
TOKYO (Reuters) - China regulatory authorities have approved the $18 billion sale of Toshiba Corp's chip unit to a consortium led by U.S. private equity firm Bain Capital, Japanese public broadcaster NHK reported on Thursday, without citing sources......»»
Walmart sells majority of Brazil unit, takes $4.5 billion charge
NEW YORK/SAO PAULO (Reuters) - Walmart Inc said on Monday that it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent International, exiting an underperforming business in its third major international deal since April......»»
Thomson Reuters launches $9 billion buyback, sending shares higher
Thomson Reuters Corp on Tuesday launched a $9 billion share buyback, sending its shares higher, and said it would complete the sale of a majority stake in its Financial & Risk unit to Blackstone Group LP on Oct. 1......»»
Blackstone agrees to buy majority stake in Tallgrass Energy for about $3.3 billion in cash
Blackstone Group L.P. said Thursday its Blackstone Infrastructure Partners unit has agreed to acquire a majority stake in Tal.....»»
Ennostar invests in Tyntek
Ennostar has invested less than NT$3.0 billion (US$106 million) to take an about 10% stake in LED chip and Si-based sensor maker Tyntek, according to industry sources......»»
: Renishaw shares soar 18% as engineer puts itself up for sale
Renishaw's founders said they intended to dispose of their majority stake in the company, which is valued at $7 billion......»»
Victoria"s Secret partnership with Sycamore Partners implodes after coronavirus
Aly Song/Reuters Sycamore Partners will not acquire a majority stake in Victoria's Secret, according to a statement from L Brands on Monday. The private equity firm had valued the lingerie brand at $1.1 billion in February, and planned t.....»»