Canada’s Teck eyes spinoff or divestment of Fort Hills oil sands stake
By Nia Williams (Reuters) – Canada’s Teck Resources said on Thursday it could pursue a spinoff or divestment of its stake in the Fort Hills oil sands project if the value of…
IBM spinoff Kyndryl signs ‘beachhead’ networking deal with Nokia
By Supantha Mukherjee STOCKHOLM – Kyndryl, the former infrastructure services business of IBM, signed a deal with Nokia to help automate factories by bringing in cloud computing and artificial intelligence over wireless…
Telecom Italia board to discuss network spinoff in slow-burn KKR drama
By Elvira Pollina MILAN – The board of Telecom Italia (TIM) will discuss the group’s overhaul on Monday as newly appointed chief executive Pietro Labriola strives to forge an alternative to a…
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