Meetro plans to sell property holdings

Article Abstract:

Metro AG said that it was planning to sell off the majority of its real estate assets. The move is intended to propel the company's strategy for expansion.

Germany, Metro Group AG

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France Telecom confirms talks to sell real estate

Article Abstract:

France Telecom S.A. acknowledged that it is engaged in negotiations to sell its real estate holdings with a consortium consisting of Goldman Sachs, GE Capital, and CDC Ixis. France Telecom wants to sell the assets at between 2 billion euros and 3 billion euros.

United States, Securities Dealers, Investment Banking and Securities Dealing, France, Security brokers and dealers, Telecommunications services industry, Telecommunications industry, Securities industry, Goldman Sachs and Co., France Telecom S.A., FTE, General Electric Capital Corp., CDC Ixis

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Nestle to sell a portion of frozen-food business

Article Abstract:

Nestle SA will sell part of its frozen-food business as the company attempts to implement a restructuring of its food operations. Nestle announced that it will spin off some of its European frozen-food businesses and brands. The food giant's frozen-food businesses account for a combined one billion Swiss francs ($673 million) in yearly sales. This amounts to approximately 40% of Nestle's total frozen-food sales in Europe.

Comment:

To sell part of its frozen-food business as it implements restructuring of its food operations

Switzerland, Frozen Food Manufacturing, Frozen Foods, Nestle S.A., Abstract, Frozen foods industry

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