Degussa to sell food division: unit may fetch $867 million
Article Abstract:
Germany's Degussa AG is in the process of divesting itself of subsidiaries that do not fit its major focus as a specialty chemicals company. So far it has earned 3.8 billion euros from the sale of 19 divisions. It is now planning the sale of food flavoring and additives company Degussa Food Ingredients GmbH, and has hired Lazard Brothers and Company Ltd. to help it find a buyer.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
E.On sells energy-service unit
Article Abstract:
E.On AG is selling off its Viterra Energy Services unit to CVC Capital Partners for 845 million euros. The sale is part of E.On's plan to divest its noncore operations.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
British Air sells unit to carrier from Germany
Article Abstract:
The Dba unit has been sold by British Airways to Intro Verwaltungsgesellschaft. The Dba unit has been a money-losing operation for British Airways.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Infineon sets aside $228.9 million. France strikes Alstom deal that factors out Germany. Infineon may shift base from Germany
- Abstracts: Raytheon says it will bite the bullet. Boeing fires officers amid ethics charges. Raytheon chairman steps down
- Abstracts: ABN Amro gains a higher profile in Thai securities. Commerzbank sells holding in German stock-market firm. OM to buy HEX creating Bourse for nordic region
- Abstracts: PPR in talks to buy Puma stake: German sportswear maker could fill fashion niche for French luxury group. Office Depot to buy PPR's Guilbert unit