RWE to sell assets, focus on core
Article Abstract:
RWE AG of Germany has announced it is to divest it's British and United States water utilities valued at approximately 15 billion Euros ($18 billion). The public utitilities company is planning to consolidate it's core electricity and gas units in Europe, projecting increased revenue. The water operations earned 4.1 billion Euros last year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Thyssen considers U.S. expansion, will sell parts unit
Article Abstract:
ThyssenKrupp AG of Germany is in negotiations to divest a stake in its North American automobile parts operation. The steel giant is also in talks to acquire Dofasco Inc. of Canada. ThyssenKrupp AG is planning to build a 2.3 billion Euros ($2.94 billion) steel industrial in the United States if the merger does not go through.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
Siemens to sell stake in corporate-service unit
Article Abstract:
Siemens AG of Germany on the heels of a merger with Nokia Corp. of Finland is in negotiations to divest its enterprise unit which supplies telecommunications equipment. The unit has approximately 3.5 billion Euros ($4.4 billion) in annual sales.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Ford focuses on market share slide. Ford looks to close plants, shed jobs in overhaul
- Abstracts: Deutsche Telekom net falls 43% on charges. Deutsche Telekom stirs up EU. Deutsche Telekom to cut 19,000 jobs
- Abstracts: BMW net slips; VW profit surges amid revamping. BMW's new-car sales buck decline in Europe. VW's profit increases; CEO wagers on quality
- Abstracts: France authorizes curfews as riots cast doubt on its policing system