Companies : Page 2670

Chevron wants to exit Caltex Australia with $3.6bn sale

March 27, 2015 Chevron is seeking to sell its entire stake in Caltex Australia for about A$4.6 billion ($3.6 billion).

Dow Chemical to sell most of its chlorine business in $5 billion deal

March 27, 2015 Dow Chemical said it will separate a significant part of its chlorine business and sell it to Olin Corporation in a tax-efficient deal valued at almost $5 billion.

Belk gave more than $21.5m in charitable contributions

March 27, 2015 Belk, Inc. announced that the company, and its associates, customers and vendors contributed more than $21.5 million to local communities in the fiscal year ending January 31, 2015.

The Nigerian Stock Exchange and MSCI sign strategic agreement

March 27, 2015 MSCI, a provider of investment decision support tools worldwide, and The Nigerian Stock Exchange (NSE) announced a strategic co-operation agreement to develop and market a co-branded family of indexes for the Nigerian equity markets.

TRAC to invest $10.9m in Mozambique's roads

March 27, 2015 South Africa's Trans-African Concessions (TRAC) has said it plans to invest $10.9 million in rehabilitating a seven kilometre stretch of the motorway in the municipality of Matola in Mozambique.

Jaguar Land Rover to invest £600m in West Midlands

March 27, 2015 Jaguar Land Rover confirmed a 600 miilion pounds investment in the West Midlands to support product creation and advanced vehicle manufacturing.

Sterling Resources to sell its entire Romanian business

March 27, 2015 Sterling Resources has entered into an agreement to sell its entire Romanian business to Carlyle International Energy Partners, an affiliate of The Carlyle Group.

The adidas group presents new plan until 2020

March 27, 2015 At its Investor Day in Herzogenaurach, the adidas Group presented its new strategic business plan until the year 2020. By "creating the new", the strategy aims at further accelerating growth by significantly increasing brand desirability.

Zimmer Holdings has green light for acquisition of Biomet

March 27, 2015 Zimmer Holdings, Inc. announced that the Japan Fair Trade Commission has granted clearance of Zimmer's proposed acquisition of Biomet, Inc., thereby satisfying one of the conditions necessary for the consummation of the transaction.

Bollore sells 22.5 percent in Havas for $662 million

March 27, 2015 Holding group Bollore SA said it sold a 22.5 percent stake in media group Havas at 6.40 euros per share to improve liquidity in the stock and reducing its own holding to around 60 percent.

Facebook and Twitter will take 33% share of US digital display market

March 26, 2015 Spending on digital display advertising in the US will total $27.05 billion in 2015, according to new figures from eMarketer, and the market is shifting toward the leading social networks.

Borse Dubai exits London Stock Exchange with $2.1 billion

March 26, 2015 Borse Dubai has sold its shareholding in London Stock Exchange Group plc (LSE), representing approximately 17.4% of the share capital in the company, through a block sale managed by BofA Merrill Lynch, Barclays Bank, and Nomura International.