HD Supply to sell its industrial PVF business
HD Supply, Atlanta, plans to sell its industrial PVF business to Shale-Inland Holdings LLC, an affiliate of investment firms TowerBrook Capital Partners LP and The Stephens Group, LLC. The transaction is expected to close this month, subject to obtaining customary approvals.
WESTERN Digital, the world's second largest hard disk drive manufacturer, is keen to sell its Sarawak plant in the Samajaya Jaya Free Industrial Zone in Kuching to recover its losses due to the global economic meltdown, Deputy Chief Minister Tan Sri Dr George Chan said today.