Asset sales

FILE - In this Dec. 12, 2017 file photo, city attorney Dennis Herrera, center, speaks at a news conference next to acting mayor London Breed, left, at City Hall in San Francisco. San Francisco officials are offering to buy Pacific Gas & Electric's power lines and other infrastructure in the city for $2.5 billion. Mayor London Breed and City Attorney Dennis Herrera presented the offer in a letter sent to the utility Friday, Sept. 6, 2019. (AP Photo/Jeff Chiu, file)
September 09, 2019 - 9:48 pm
SAN FRANCISCO (AP) — PG&E Corp. proposed Monday to resolve its bankruptcy case by offering nearly $18 billion to settle claims from devastating wildfires started by its equipment in recent years — an amount immediately criticized by victims who said less than half of that is intended for them...
Read More
September 09, 2019 - 9:37 am
NEW YORK (AP) — Activist hedge fund manager Elliott Management is making a new $3.2 billion investment in AT&T and calling for changes at the company such as selling its DirecTV and Mexican wireless operations. The move comes as AT&T readies a streaming service following its $81 billion...
Read More
The BP Energy Center, a building where nonprofits and groups can meet, is shown in Anchorage, Alaska, Wednesday, Aug. 28, 2019. BP announced plans Aug. 27, 2019, to sell its Alaska assets to Hilcorp, and its plan to pull out of Alaska could leave a big hole for nonprofits and other programs that benefited from the oil giant's donations and its employee volunteers. (AP Photo/Mark Thiessen)
August 28, 2019 - 8:46 pm
JUNEAU, Alaska (AP) — BP's plan to pull out of Alaska could leave a big hole for nonprofits and other programs that benefited from the oil giant's donations and its employee volunteers. BP on Tuesday announced it would sell its Alaska assets to Hilcorp in a deal expected to close next year. BP,...
Read More
August 27, 2019 - 1:55 pm
JUNEAU, Alaska (AP) — BP is selling all its operations in Alaska, including its interests in both the Prudhoe Bay oil field and the trans-Alaska pipeline. Company officials announced in a release Tuesday that it is selling to Hilcorp Alaska for $5.6 billion. BP has been a major force in Alaska on...
Read More
FILE - In this Thursday, March 3, 2011 file photo, a man walks past the AB InBev logos, in Leuven, Belgium. AB Inbev, the world's biggest brewer with brands like Budweiser and Corona, is selling its unit in Australia to reduce debt after it decided against listing shares in Asia. The company said Friday, July 19, 2019 it is selling Carlton & United Breweries for $16 billion AUD ($11.3 billion) to Japanese brewing rivals Asahi Group. (AP Photo/Yves Logghe, file)
July 19, 2019 - 8:26 am
BRUSSELS (AP) — AB Inbev, the world's biggest brewer with brands like Budweiser and Corona, said Friday it is selling its unit in Australia to reduce debt after it decided against listing shares in Asia. The company is selling Carlton & United Breweries for $16 billion AUD ($11.3 billion) to...
Read More
FILE - In this Nov. 29, 2018, file photo, victims of Japan's forced labor and their family members arrive at the Supreme Court in Seoul, South Korea. Colonial-era Korean laborers on Tuesday, July 16, 2019, are seeking a court's approval for the sales of local assets of their former Japanese employer after it refused to comply with a court order to compensate them for forced labor decades ago. The sign reads "Mitsubishi Heavy Industries should compensate and apologize to victims of forced labor." (AP Photo/Ahn Young-joon, File)
July 16, 2019 - 7:41 am
SEOUL, South Korea (AP) — Colonial-era Korean workers want a court to allow the South Korean government to sell assets of their former Japanese employer so they can be compensated for forced labor decades ago. The development comes as South Korea and Japan spar over historical issues and a decision...
Read More
People walk past a Huawei retail store in Beijing, Sunday, June 30, 2019. Once again, Presidents Donald Trump and Xi Jinping have hit the reset button in trade talks between the world's two biggest economies, at least delaying an escalation in tension between the U.S. and China that had financial markets on edge and cast a cloud over the global economy. (AP Photo/Andy Wong)
July 12, 2019 - 8:01 am
SHENZHEN, China (AP) — The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump's promise to allow U.S. companies to sell some components to the company and called on Washington to remove it from a security blacklist. The "unjust and unfair"...
Read More
In this Thursday, April 11, 2019 photo, copies of The Berkshire Eagle newspaper are placed in a machine before being bundled for distribution, in Pittsfield, Mass. The paper now features a new 12-page lifestyle section for Sunday editions, a reconstituted editorial board, a new monthly magazine, and the newspaper print edition is wider. That level of expansion is stunning in an era where U.S. newspaper newsroom employment has shrunk by nearly half over the past 15 years. (AP Photo/Steven Senne)
June 19, 2019 - 4:43 pm
PITTSFIELD, Mass. (AP) — These days, the news about local news seems relentlessly bad: Newsroom employment, down by nearly half over the past 15 years. Waves of layoffs continuing to hit both traditional newspaper chains and digital news startups. Cities and towns so denuded of coverage that they'...
Read More
An issue of Sports Illustrated is displayed on a newsstand, Tuesday, May 28, 2019 in New York. Authentic Brands Group, which manages retail names like Juicy Couture and Nautica, is buying the sports magazine for $110 million. (AP Photo/Mark Lennihan)
May 28, 2019 - 3:39 pm
NEW YORK (AP) — Sports Illustrated magazine has been sold for $110 million to a company that specializes in managing fashion, entertainment and sports brands, including marketing rights to Shaquille O'Neal and Muhammad Ali. The seller, Meredith Corp., will continue running the print edition and the...
Read More
FILE - In this Tuesday, Feb. 26, 2019 file photo, a man holds the new Huawei Mate X foldable 5G smartphone during the Mobile World Congress wireless show, in Barcelona, Spain. Two British mobile phone companies, EE and Vodafone, said Wednesday May 22, 2019, they are putting on hold plans to sell new 5G mobile phones from China's Huawei. (AP Photo/Manu Fernandez, File)
May 22, 2019 - 11:21 am
LONDON (AP) — British and Japanese mobile phone companies said Wednesday they're putting on hold plans to sell new devices from Huawei, in the latest fallout from U.S. tech restrictions aimed at the Chinese company. Britain's EE and Vodafone and Japan's KDDI and Y! Mobile said they are pausing the...
Read More

Pages