Sells
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Vingroup sells 41.5% of its stake in retail unit
VINGROUP has sold 41.5 per cent of its stake in its retail unit, Vincom Retail, to an undisclosed partner for an undisclosed sum, according to the company’s filing to authorities.…
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Sats sells US military contractor unit Maytag Aircraft for US$46 million
INFLIGHT caterer and ground handler Sats has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million to private direct investment firm Albion River, it announced in…
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Vodafone Sells Italian Unit To Swisscom For 8 Bn Euros
British telecoms giant Vodafone said Friday it has agreed to sell its Italian unit to Swisscom for eight billion euros ($8.7 billion), completing efforts to overhaul the UK group’s European…
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Paramount sells India TV stake to Reliance for US$517 million
PARAMOUNT Global agreed to sell its 13 per cent stake in its Indian TV business to its partner, Reliance Industries, for US$517 million. The deal comes after Reliance and Walt…
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Lloyds sells £6 billion of Scottish Widows annuities to Rothesay
LLOYDS Banking Group will offload a £6 billion (S$10.22 billion) portfolio of bulk annuities from its Scottish Widows subsidiary to pensions insurance specialist Rothesay Life. The portfolio includes benefits for…
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Singtel sells 0.8% direct stake in Airtel, expects S$700 million gain
SINGTEL has sold 49 million of its shares in Bharti Airtel, amounting to a 0.8 per cent stake in its Indian associate, for 1,193.70 rupees per share to US-based investment…
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China’s Antfin sells Zomato stake worth US$341.5 million
CHINA’S Antfin sold a 2.1 per cent stake in Indian food delivery platform Zomato worth US$341.5 million on Wednesday (Mar 6), stock exchange data showed. The stake sale comes amid…
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China’s Antfin sells Zomato stake worth US$341.5 million
CHINA’S Antfin sold a 2.1 per cent stake in Indian food delivery platform Zomato worth US$341.5 million on Wednesday (Mar 6), stock exchange data showed. The stake sale comes amid…
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Australia’s ANZ sells 16.5% interest in Malaysia’s AmBank
AUSTRALIA’S fourth-biggest bank ANZ Group said on Wednesday (Mar 6) it has agreed to sell a 16.5 per cent stake in Malaysian lender AMMB Holdings for RM3.85 (S$1.09) apiece through…
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Australia’s ANZ sells 16.5% interest in Malaysian lender AmBank for RM2.1 billion
AUSTRALIA’S fourth-biggest bank ANZ Group said on Wednesday (Mar 6) it had agreed to sell around 546 million shares, or 16.5 per cent interest, in Malaysian lender AMMB Holdings (AmBank)…
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Norway wealth fund sells stakes in 3 Jardine firms on environment concerns
NORWAY’S US$1.6 trillion sovereign wealth fund has excluded three companies from its portfolio due to concerns that mining activity may destroy the natural habitat of critically endangered orangutans, the fund…
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Norway wealth fund sells stakes in 3 Jardine firms on environment concerns
NORWAY’S US$1.6 trillion sovereign wealth fund has excluded three companies from its portfolio due to concerns that mining activity may destroy the natural habitat of critically endangered orangutans, the fund…
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Booking.com owner sells debt for stock buyback as travel cools
THE owner of travel website Booking.com is selling debt to fund a stock buyback after its shares plunged last week on the back of disappointing earnings. Booking Holdings plans to…
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Chipmaker Broadcom sells remote-access unit to KKR in US$4 billion deal
CHIPMAKER Broadcom is selling a unit that allows users to access desktops and applications from any device to private-equity firm KKR in a US$4-billion deal to streamline its portfolio after…
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Crypto Whale Sells Nearly $4M Worth Shiba Inu, But Token Retains Upward Trend
KEY POINTS The crypto whale sold 421.6 billion SHIB within a period of 6 hours Saturday The sale has reportedly resulted in over $6 million in losses to the crypto…
