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Exclusive: Brazil’s Petrobras refineries sale lures trading…

SAO PAULO/RIO DE JANEIRO (Reuters) – Brazil’s planned privatization of eight Petroleo Brasileiro SA (PETR4.SA) refineries has lured several of the world’s largest trading and oil companies as prospective bidders, two sources with knowledge of the matter said. ... More »

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Panasonic considers selling security camera factory in China: Nikkei

A man is seen next to Panasonic Corp’s logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Panasonic Corp is considering selling a Chinese plant that makes security cameras in a deal it hopes will fetch over $45... More »

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Shell to sell stake in Corrib gas field in Ireland for $1.23 billion

FILE PHOTO – Filled oil drums are seen at Royal Dutch Shell Plc’s lubricants blending plant in the town of Torzhok, north-west of Tver, November 7, 2014. Royal Dutch Shell is to sell its 45 percent stake in the Corrib gas venture to a subsidiary of Canada Pens... More »

Cerberus nears deal to buy Avon’s North American business: WSJ

Private equity firm Cerberus Capital Management LP [CBS.UL] is close to an agreement to buy Avon Products Inc’s (AVP.N) North American business for $170 million, the Wall Street Journal reported on Thursday. New York-based Cerberus will also invest $435 millio... More »

Yahoo board in final talks on future of company

SAN FRANCISCO Yahoo Inc’s board of directors on Friday is in the third and final day of meetings that could decide the future of one of Silicon Valley’s most prominent but troubled companies. One option on the table for the nine board members is whether to sel... More »

Sony proceeds with plan to sell music publishing unit: WSJ

Sony Corp (6758.T) is proceeding with a plan to sell its half of Sony/ATV Music Publishing, the world’s largest music publisher, the Wall Street Journal reported. Sony, which owns the unit with Michael Jackson’s estate, recently triggered a clause in its contr... More »

News Corp sells digital education brand Amplify

News Corp said it sold its digital education brand, Amplify, to a management team supported by a group of private investors following slowing growth in the digital curriculum market. The company did not disclose financial terms of the deal. News Corp said in A... More »