Sale

Ford says Jaguar and Volvo not for sale

Ford Motor Co said on Wednesday that none of its European premium brand car businesses was for sale at this stage except Aston Martin, but added it would continue to examine all its options.

GE to Sell Silicones, Quartz Businesses

General Electric Co. said on Thursday that it had agreed to sell its advanced materials business, which includes silicones and quartz, to private equity firm Apollo Management L.P. for about $3.8 billion in cash and securities.

Chain store sales mixed last week

U.S. chain store sales were mixed last week, as solid demand for back-to-school items were offset by cooler weather and the end of sales tax holidays, two reports showed on Tuesday.

SA Alex Forbes sells risk unit to settle debt

South African financial services company Alexander Forbes confirmed on Monday it has agreed to sell its international risk services unit to Lockton International Holdings for a £67.6 million ($127.5 million).

US wireless sale draws a new crowd

U.S. wireless companies face new competition on Wednesday as they start bidding on licenses for advanced wireless services like high-speed Internet - from the satellite and cable television industries.

Verizon to Buy Vodafone Stake for $48 Bln

Mobile phone group Vodafone could sell its stake in its joint venture with Verizon Communications for about $48 billion (25 billion pounds) before the end of the month, according to the Observer newspaper.

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