Content Tagged with: Divestment

Edmonton-based pharmaceutical company, Altachem Pharma Ltd., announced that it has decided to discontinue its operations in China. The company said that final details have not been determined...
Singapore-based Flextronics and Ontario’s Nortel announced that they have successfully completed the transfer of manufacturing operations and related assets of Nortel’s Systems House in...
Vancouver’s Ivanhoe Mines Ltd. has entered into an agreement to sell 100% of the Savage River iron ore mine in Australia to a subsidiary of Stemcor Holdings Limited, of London, England. The...
Publication (News Service - C-A News) Novembre 2004
Calgary-based CML Global Capital Ltd., an investment firm with a focus on real estate and parking-related businesses, announced that it will sell its interest in the Shanghai Parkade. The company...
Sheer Energy Inc., a Calgary-based oil and gas exploration and development company, has sold its wholly-owned subsidiary, Sheer Energy (Cyprus) Limited which holds a 49% interest in the MIS Oilfield...
Hydro-Quebec’s wholly-owned subsidiary, Hydro-Quebec International, has announced that it will sell its 20% stake in Hong Kong-based Meiya Power Company Ltd. to Darby Asia Investors Ltd., also...
Tata Investment Corporation Ltd. will buy out the 49% stake owned by TD Waterhouse in their joint venture, Tata TD Waterhouse Securities. TD Waterhouse is Toronto-based Toronto-Dominion Bank’...
Nortel Networks has reached a four-year US$675-US$725M agreement with Singapore-based Flextronics regarding the divestiture of certain Nortel Networks manufacturing operations and related activities...
BM Diamondcorp Inc., a Toronto-based company focusing on the identification and development of high-value gem, diamond and gold deposits, has agreed to sell its 60% interest in the Kumamba heavy-...
Publication (News Service - C-A News) Avril 2004
Asia Gold Corp., a Vancouver-based mineral exploration and development company, announced that it has sold its 90% interest in its South Korean properties to Hangum Co. Ltd. The properties include...
SKN Resources of Vancouver announced that it will sell its interest in the Gou Gold project, located in the West Qinglin Mountain Belt, Gansu province, to Windridge Technology Corporation of...
Publication (News Service - C-A News) Décembre 2003
Montreal-based Telesystem International Wireless (TIW), a global mobile communications operator, announced that it has received a binding offer from Bharti Cellular Limited to sell the 27.5% direct...
Japanese trading company, Nichimen announced that it is withdrawing completely from wind power projects in Canada and several other countries. The company will continue wind generation work in Japan...
Publication (News Service - C-A News) Novembre 2003
Toshiba Machine, a manufacturer headquartered in Numazu, Japan, announced that as part of the company’s restructuring following a decrease in demand for machine tools, it will close its...
Publication (News Service - C-A News) Octobre 2003
Orbus Pharma Inc. announced that it is selling its stake in Alam Sekitar Malaysia Sdn. Bhd. (ASMA), which is held through its Bovar Envionmental division, for C$6 million. The purchaser is Quantum...
Sun Life Financial is leaving the stock broking business in India. It plans to sell its 49% stake in Birla Sun Life Securities, its joint venture with Aditya Birla Group. It will continue its...
TD Bank Financial Group announced that it will sell its 50% interest in Tata TD Asset Management Pvt Ltd to its joint venture partner, The Tata group. As well, TD Bank and The Tata group will be...
Calgary-based oil and gas company, Resolute Energy Inc, announced that it has closed the sale of the shares of its Indonesian subsidiary, Equatorial Energy (Indonesia) Inc. for US$18 million cash....
Publication (News Service - C-A News) Avril 2003
Montreal-based Mitec Telecom, a designer and provider of wireless network products for the telecommunications industry, announced the sale of Microwave Technology Company (MTC), its Thai subsidiary...
TD Bank Financial Group announced it will sell its TD Waterhouse Australian discount brokerage operations to Commonwealth Bank Australia Group. The sale is expected to be completed by May 1....

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