Asset sales

FILE - This Aug. 1, 2017, file photo shows the oil producer BP company logo at a petrol station in London. BP, a major player on Alaska’s North Slope for decades, is selling all of its Alaska assets, the company announced Tuesday, Aug. 27, 2019. Hilcorp Alaska is purchasing BP interests in both the Prudhoe Bay oil field and the trans-Alaska pipeline for $5.6 billion, BP announced in a release.(AP Photo/Caroline Spiezio, File)
August 27, 2019 - 7:33 pm
JUNEAU, Alaska (AP) — BP plans to sell its interests in Alaska's once prodigious North Slope to a company seen as having a reputation of giving new life to aging fields. The sale to Hilcorp Alaska, an affiliate of Texas-based Hilcorp Energy Co., would be worth $5.6 billion, and include interests in...
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August 05, 2019 - 2:18 pm
NEW YORK (AP) — Two of the country's largest newspaper companies have agreed to combine in the latest media deal driven by the industry's struggles with a decline of printed editions. GateHouse Media, a chain backed by an investment firm, is buying USA Today owner Gannett Co. for $12.06 a share in...
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FILE - In this Oct. 3, 2018, file photo the Intel logo appears on a screen at the Nasdaq MarketSite, in New York's Times Square. Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. (AP Photo/Richard Drew, File)
July 25, 2019 - 4:55 pm
SAN FRANCISCO (AP) — Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. The agreement announced Thursday comes three months after Apple ended a long-running dispute with one of...
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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 - 7:26 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...
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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 - 6:41 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...
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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 - 7:01 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"...
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June 25, 2019 - 8:35 am
MONTREAL (AP) — Canadian aerospace company Bombardier has announced the sale of its regional jet program to Japan's Mitsubishi Heavy Industries Ltd for $550 million. The company is seeking to exit the commercial plane market and focus on business jets and its large rail business. Bombardier chief...
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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 - 3:43 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'...
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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 18, 2019 - 11:06 pm
PITTSFIELD, Mass. (AP) — The Berkshire Eagle has an expanded investigative team. There's a new 12-page lifestyle section for the Eagle's Sunday editions. There's a new monthly magazine focusing on the area's culinary and natural charms. There is an advisory board that includes cellist Yo-Yo Ma and...
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In this photo taken Nov. 2, 2018, is the home of The Bakersfield Californian Media Company in Bakersfield, Calif. After 122 years of family ownership, the Bakersfield Californian has been sold to a Canadian publisher, the newspaper announced. The Harrell-Fritts family said in a message to readers on Sunday, June 2, 2019, that Sound News Media, a new company run by publisher Steven Malkowich, has purchased the Californian and its corporate entity, TBC Media. (Alex Horvath/The Californian via AP)
June 03, 2019 - 3:22 pm
BAKERSFIELD, Calif. (AP) — After 122 years of family ownership, the Bakersfield Californian has been sold to a Canadian publisher, the newspaper announced. The Harrell-Fritts family said in a message to readers on Sunday that Sound News Media, a new company run by publisher Steven Malkowich, has...
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