Unilever to spin off ice cream unit, cut 7,500 jobs
UNILEVER plans to spinoff its ice cream unit, home to popular brands such as Magnum and Ben & Jerry’s, into ...
Tag: unit
Sabana should lead smaller Reits with underperforming unit prices to look for an exit
Added to that, the Reit’s manager faces challenges in attracting and retaining talent given uncertainties arising from the internalisation push. ...
Vingroup sells 41.5% of its stake in retail unit
VINGROUP has sold 41.5 per cent of its stake in its retail unit, Vincom Retail, to an undisclosed partner for ...
Sats sells US military contractor unit Maytag Aircraft for US$46 million
INFLIGHT caterer and ground handler Sats has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million ...
UBS starts job cuts at Asia wealth unit after profit slump
UBS Group started cutting jobs at its Asia private banking division this week as a slump in profits weighs on ...
Olam food ingredients unit ofi secures US$500 million financing
OLAM Group’s food ingredients unit ofi has bagged export credit agency -linked financing of about US$500 million, said the group ...
Unit of CapitaLand Ascott Reit trustee issues S$120 million of 3.7% notes due in 2029
THE managers of CapitaLand Ascott Real Estate Investment Trust (CapitaLand Ascott Reit) and CapitaLand Ascott Business Trust said on Friday ...
Sembcorp enters utility-scale solar development in Indonesia through JV with local unit
SEMBCORP Industries marked its entry into utility-scale solar development in Indonesia through a joint venture (JV) with a unit linked ...
Morgan Stanley cuts 9% China fund unit staff amid market rout: sources
MORGAN Stanley has laid off about 9 per cent of its staff at its asset management business unit in China, ...
Intel sees AI opportunity for standalone programmable chip unit
ARTIFICIAL intelligence (AI) offers a growing and potentially lucrative opportunity for Intel’s freshly standalone programmable chip unit, its CEO Sandra ...
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