Asset sales

FILE - In this file photo dated Friday, March 30, 2018, bottles of Heineken beer are photographed in Washington, USA. Dutch brewing company Heineken said in a statement Friday Aug, 3, 2018, it is buying a 40 percent stake in the company that controls China’s biggest beer maker, China Resources Beer.(AP Photo/J. David Ake, FILE)
August 03, 2018 - 9:02 am
BRUSSELS (AP) — Heineken, the world's second-largest brewer, has struck a deal to expand in China, the world's biggest beer market. Heineken said Friday it is buying a 40 percent stake in the company that controls China's biggest beer maker, China Resources Beer. It will invest $3.1 billion for the...
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July 27, 2018 - 6:31 am
LONDON (AP) — Energy producer BP has bought BHP Billiton's shale oil and gas assets in the U.S. for $10.5 billion in a deal that will give it access to the fast-growing shale industry. CEO Bob Dudley described the deal as a "transformational acquisition." The company says the agreement will bring...
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In this Jan. 23, 2013 photo, trailers line up at the loading docks at the Supervalu distribution center in Hopkins, Minn. United Natural Foods is buying Supervalu for $1.26 billion, creating a grocery food wholesaler with a diverse customer base. United Natural Foods of Providence, R.I., said Thursday, July 26, 2018, it's paying $32.50 per share in cash, or a premium of 67 percent, for each share of Supervalu Inc. Including the assumption of debt, the deal is valued at nearly $3 billion. (David Joles/Star Tribune via AP)
July 26, 2018 - 1:40 pm
United Natural Foods is buying Supervalu for $1.26 billion, creating a grocery food wholesaler with a diverse customer base. United Natural Foods of Providence, Rhode Island, said Thursday it's paying $32.50 per share in cash, or a premium of 67 percent, for each share of Supervalu Inc. Including...
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FILE - In this Oct. 14, 2009 file photo, Necco Wafers are displayed in Boston. The owner of a company that makes candies such as Necco wafers and Sweethearts has unexpectedly shut down operations at its Massachusetts plant. The Boston Globe reported Round Hill Investments LLC announced Tuesday, July 24, 2018, it is selling Necco brands to another confection manufacturer and closing down its Revere plant. (AP Photo/Charles Krupa, File)
July 25, 2018 - 12:09 pm
REVERE, Mass. (AP) — The owner of the company behind chalky, colorful confections such as Necco Wafers and Sweethearts has unexpectedly shut down operations at its Massachusetts plant and hasn't said if candy production will resume. The Boston Globe reports Round Hill Investments LLC announced...
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Harvey Weinstein is escorted in handcuffs to a courtroom in New York, Monday, July 9, 2018. Weinstein, who was previously indicted on charges involving two women, was due in court for arraignment on charges alleging he committed a sex crime against a third woman. (AP Photo/Richard Drew)
July 11, 2018 - 2:36 pm
WILMINGTON, Del. (AP) — A Delaware judge on Wednesday approved a revised plan for the sale of the Weinstein Co., the studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein. The revised plan calls for Dallas-based private equity firm Lantern...
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June 26, 2018 - 5:58 am
NEW YORK (AP) — The Wall Street Journal is reporting that General Electric plans to spin off its health care business and sell its stake in Baker Hughes, a company that provides services to the oil industry. The paper cited anonymous sources who said a decision is due to be presented to investors...
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FILE - In this April 26, 2017, file photo, rows of motorcycles are behind a bronze plate with corporate information on the showroom floor at a Harley-Davidson dealership in Glenshaw, Pa. Harley-Davidson, facing rising costs from new tariffs, will begin shifting the production of motorcycles heading for Europe from the U.S. to factories overseas. (AP Photo/Keith Srakocic, File)
June 26, 2018 - 5:28 am
MILWAUKEE (AP) — Production of Harley-Davidson motorcycles sold in Europe will move from U.S. factories to facilities overseas, the Milwaukee-based company announced Monday, a consequence of the retaliatory tariffs the EU is imposing on American exports in an escalating trade war with the Trump...
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FILE- In this Oct. 24, 2017, file photo a man walks past the Lord & Taylor flagship store in New York. Lord & Taylor is abandoning plans to keep a store in the Fifth Avenue flagship it is selling, as the chain's owner closes more stores and focuses on online sales. The announcement Tuesday, June 5, 2018, comes about seven months after the company said it would sell the century-old building to office space sharing company WeWork (AP Photo/Mark Lennihan, File)
June 05, 2018 - 1:57 pm
NEW YORK (AP) — Lord & Taylor is abandoning plans to keep a store in the Fifth Avenue flagship it is selling, as the chain's owner closes more stores and focuses on online sales. The announcement Tuesday comes about seven months after the company said it would sell the century-old building to...
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FILE- In this March 28, 2018, file photo, a man walks in front of a Sears sign in San Bruno, Calif. In a move announced Monday, May 14, Sears Holdings Corp. says a special committee of its board is starting a formal process to explore the sale of its Kenmore brand and related assets. (AP Photo/Jeff Chiu, File)
May 14, 2018 - 11:28 am
NEW YORK (AP) — Sears Holdings Corp. is considering selling its storied Kenmore brand along with other related assets. The ailing company, which operates department stores under the Sears and Kmart names, says a special committee of its board is starting a formal process to explore the sale. The...
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May 01, 2018 - 8:56 am
PAWTUCKET, R.I. (AP) — Hasbro is buying the Power Rangers and some other toy brands from Saban Properties in a cash-and-stock deal valued at $522 million. The announcement comes after Saban Brands picked Hasbro Inc. as the master toy licensee for the Power Ranger line in February. The approximately...
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