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Yahoo eyes 15pc job cuts alongside spin-offYahoo said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about 15 per cent of its workforce, even as it continues with its plan to revamp the business and spin it off. The a More… |
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Yahoo eyes 15pc job cuts alongside spin-offYahoo said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about 15 per cent of its workforce, even as it continues with its plan to revamp the business and spin it off. The a More… |
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AIG to pursue spin-off of mortgage insurance unitAmerican International Group (AIG) has decided to pursue a spin-off of its mortgage insurance business, according to people familiar with the matter, in a move that would come as the US insurer fends off activist investor Carl Icahn. More… |
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OCI plans construction unit spin-off, listing in UAEAmsterdam-listed OCI said on Thursday it planned to spin off its construction and engineering business and list it on stock markets in Egypt and the UAE in the first quarter of 2015. The new company is expected to be named Orascom More… |
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Mondelēz celebrates launch with GCC eventsMondelēz International, the snack-food spin-off from Kraft Foods and one of the world’s leading makers of chocolates, biscuits, gum and candy, said it is celebrating its launch as a new company with special events in the GCC region. More… |
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Orascom chairman sees spin-off by year-endOrascom Telecom hopes to complete a spin-off of businesses not included in a takeover by Vimpelcom by year-end, its executive chairman said, playing down the risks from a legal challenge by some shareholders. Under the $6 billion deal with More… |
