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Divestment

Amsterdam-based health tech firm Philips has announced that it is looking to sell its domestic appliances business which it says no longer fits with the company's focus on personal health products and hospital equipment... Read more

HYGIENE, MEDICAL & PHARMACEUTICALS

One of the largest players in onshore wind power, the 600 MW Fantanele-Cogealac facility, has been put up for sale as the owner, Czech utility group CEZ, is in the process of divesting its Romanian assets... Read more

Scotland-based oil and gas firm Cairn Energy is to reduce its stake in the Nova project in the the Norwegian North Sea in a bid to cut operational costs. The firm, based in Edinburgh, divested 10% of its interest in Nova to One-Dyas Norge for... Read more