Volvo to Sell Governmental Sales Business

Swedish truck maker Volvo AB (VOLV-B.SK) said Friday that following a strategic review it has decided to sell its Governmental Sales business, the unit that manufactures specially designed vehicles to governments, the defense industry, peacekeeping forces and aid organizations.

Vodafone to Sell Netherlands Consumer Fixed Business to T-Mobile Netherlands

Vodafone Group PLC (VOD.LN) confirmed Friday it is selling its Netherlands' consumer fixed business to T-Mobile Netherlands as part of its commitment to the European Commission to get clearance to merge its Dutch operations with John Malone's Liberty Global.

John Laing Sells Interest in Polish Motorway Project for GBP146.9 Million

John Laing Group PLC (JLG.LN) said Friday it is selling its 30% investment in Gdansk Transport Company, the owner of the A1 motorway project in Poland, for 146.9 million pounds ($180.2 million) in cash.

Consortium Considers $1 Billion Buyout of Singapore Property Manager

A consortium of investors including the company's founder and Warburg Pincus is considering a buyout offer for Singapore-listed real-estate fund manager ARA Asset Management.

Four Takeover Bids for STX Offshore, French Unit: Court

SEOUL--The South Korean court handling the bankruptcy proceedings of STX Offshore & Shipbuilding Co. said Friday it has received bids from four foreign shipbuilders for the troubled shipyard and its profitable French unit that makes cruise ships.

(END) Dow Jones Newswires

November 04, 2016 06:44 ET (10:44 GMT)

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