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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......»»

Category: topSource: reutersFeb 20th, 2020

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......»»

Category: topSource: reutersJul 26th, 2019

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......»»

Category: topSource: moneycentralJul 26th, 2019

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.....»»

Category: videoSource: reutersJul 25th, 2019

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......»»

Category: topSource: moneycentralJul 25th, 2019

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......»»

Category: topSource: reutersJul 25th, 2019

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......»»

Category: topSource: reutersJul 1st, 2019

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......»»

Category: topSource: reutersApr 22nd, 2018

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).....»»

Category: topSource: business-standardApr 6th, 2018

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......»»

Category: smallbizSource: wsjMay 8th, 2018

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......»»

Category: topSource: reutersMay 14th, 2018

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......»»

Category: topSource: reutersMay 15th, 2018

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......»»

Category: smallbizSource: wsjMay 17th, 2018

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......»»

Category: topSource: reutersMay 17th, 2018

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......»»

Category: topSource: reutersJun 4th, 2018

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......»»

Category: topSource: reutersAug 28th, 2018

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.....»»

Category: topSource: marketwatchJan 31st, 2019

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......»»

Category: topSource: digitimesApr 12th, 2021

: 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......»»

Category: topSource: marketwatchMar 2nd, 2021

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.....»»

Category: topSource: businessinsiderMay 4th, 2020