offloads

PwC has appointed one of its most senior global executives to take control of its Australian firm and has confirmed the sale of its government business to private equity group Allegro Funds for $1.Kevin Burrowes, who is currently PwC…

US-based private equity firm Carlyle on Thursday offloaded its entire 2.53 per cent stake in supply chain company Delhivery for Rs 709 crore through open market transactions. BNP Paribas Arbitrage, Norges Bank, Societe…

NME Networks, a division of BandLab Technologies’ parent company Caldecott Music Group, has sold long-running UK-based music media brand Uncut to Kelsey Media.The deal includes the brand’s print publications, plus its social and digital…

Japanese technology investor SoftBank on Thursday informed the stock exchanges that it has sold 2.07 per per cent stake in One97 Communications Limited - the parent entity of fintech firm Paytm. This was done in a series of open market…

Is trouble brewing at Utopia?Today (March 30), MBW broke the news that the company had sold music publishing platform Sentric to Believe – just one year after Sentric was itself acquired by Utopia.The sale of Sentric marks the second time…

Chesapeake Energy, a prime mover in the US shale energy revolution, has struck a $1.4bn deal to offload the bulk of its Texas oil assets as it ditches crude production in favour of drilling for natural gas.The company said on…

Supermarket giant Coles will sell its fuel and convenience business to Viva Energy in a $300 million deal which will see it give up ownership of 710 Coles Express sites.The retailer told the ASX on Wednesday morning it had entered into a…

Warren Buffett’s Berkshire Hathaway trimmed its stake in BYD. even further, offloading another 1.72 million shares as of September 1, according to an exchange filing Friday, just days after the legendary US investor began reducing his…

In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round. Japanese…

Tesla chief Elon Musk has pledged up to $21 billion from his personal fortune to fund his $44 billion takeover of Twitter, with the rest financed by debt.…