Covid-19 makes companies reconsider unperforming brands

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Malaysia News News

It’s not only big consumer companies looking to act

. Total and Solvay are each pursuing sales of chemical businesses, people familiar with the plans have said. AMS may be positioning Osram Licht’s automotive unit for a sale once its takeover of the German lighting company is complete, according to a worker’s representative and an internal presentation.

Some companies are turning to investors to replenish cash. Budget airline EasyJet raised about £419m in a share sale last week, while carmaker Aston Martin Lagonda tapped investors for around £150m.

 

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