Saturday 25th May 2019,
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sell

Intel is trying to sell its smartphone-modem business

Intel is trying to sell its smartphone-modem business

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 a contentious patent-royalty legal dispute. [...]

April 28, 2019 Loknath Das Business Comments Off on Intel is trying to sell its smartphone-modem business

Old Mutual to sell asset management business for £600m

Old Mutual to sell asset management business for £600m

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 giant has reportedly been exploring a [...]

December 19, 2017 Loknath Das Business Comments Off on Old Mutual to sell asset management business for £600m

GE to sell $3 billion industrial solutions business

GE to sell $3 billion industrial solutions business

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 previously announced sale of its [...]

December 15, 2016 Saheli Business Comments Off on GE to sell $3 billion industrial solutions business

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

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

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, the specified assets are intended [...]

October 15, 2016 Saheli Business Comments Off on RCom to sell 51% in tower biz to Canadian firm for Rs 11,000 crore

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

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

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 U.S., will keep its equity [...]

October 12, 2016 Saheli Business Comments Off on Duke Energy Reaches Deals to Sell Bulk of Its International Energy Business

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

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

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 U.S., will keep its equity [...]

October 12, 2016 Saheli Business Comments Off on Duke Energy Reaches Deals to Sell Bulk of Its International Energy Business

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

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

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 sense — it can be [...]

September 23, 2016 Saheli Education Comments Off on Microsoft will sell ‘Minecraft: Education Edition’ on the Windows Store in November

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

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

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 fertilizer industry, doesn’t include specialty [...]

August 14, 2016 Saheli Business Comments Off on Tata Chemicals to sell urea business to Yara for Rs2,670 crore

Uber to sell China business to rival Didi Chuxing

Uber to sell China business to rival Didi Chuxing

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 China’s previous investors, including Chinese [...]

August 6, 2016 Saheli Business Comments Off on Uber to sell China business to rival Didi Chuxing

Uber to sell China business to rival Didi Chuxing

Uber to sell China business to rival Didi Chuxing

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 China’s previous investors, including Chinese [...]

August 3, 2016 Saheli Business Comments Off on Uber to sell China business to rival Didi Chuxing

Do Percentages Sell Better than Dollar Amounts?

Do Percentages Sell Better than Dollar Amounts?

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 how to do that, but [...]

July 26, 2016 Saheli Business Comments Off on Do Percentages Sell Better than Dollar Amounts?

Setting the stage to sell your home

Setting the stage to sell your home

Everyone is his or her own Martha Stewart, and who wouldn’t want to see beautiful pictures of our loved ones on the mantel? Answer: potential buyers. They don’t want to see your babies, your knickknacks, your artwork or even those adorable macramé potholders you and your daughter made that rainy afternoon a decade ago. Savvy [...]

April 17, 2016 Saheli Real Estate Comments Off on Setting the stage to sell your home