Keywords: Sale


Auchan to sell 91 supermarkets to Intermarché amid financial struggles

French retail giant Auchan is planning to sell 91 of its supermarkets to Intermarché as part of a broader partnership aimed at rebranding its stores. The move comes as Auchan faces financial difficulties and seeks to restructure its operations. The agreement, initially signed in November, involved......

China wraps major military drills around Taiwan after US arms sale

China completed large-scale military exercises around Taiwan on December 30, deploying warships, fighter jets, and missiles in what Beijing dubbed "Justice Mission 2025." The maneuvers marked the latest escalation in strait tensions following a record $11.1 billion U.S. arms sale to the island.......

Multiple triggers behind China's Taiwan drills

China's military exercises around Taiwan stem from several key provocations, including a massive US arms package and pointed remarks from regional leaders. The drills followed Washington's approval of an unprecedented $11 billion weapons deal to Taiwan, featuring $4.05 billion in High Mobility......

TikTok sale faces new delay as negotiations hit standstill

The U.S. government has again extended the deadline for TikTok’s parent company, ByteDance, to divest its American operations after talks between Washington and Beijing stalled. The extension, issued through a new executive order, pushes the January 23, 2026 deadline further, leaving millions of......

Toto Wolff in talks to sell stake in Mercedes F1 team valued at $6 billion

The Mercedes-AMG Petronas Formula One team, led by Toto Wolff, is reportedly on the verge of a groundbreaking deal that could set a new benchmark for the sport. According to a report by Sportico, Wolff is in advanced negotiations to sell part of his 33% stake in the team, with the valuation of the organization......

Salé: Police inspector shoots woman with service weapon, Investigation underway

The judicial police in Salé have opened an investigation under the supervision of the public prosecutor after a police inspector fatally shot a woman using his service weapon while off duty. According to preliminary findings, the incident occurred at the officer’s private residence, where......

Salé: Man fatally shot after wounding police officer with Knife

Salé, September 11, 2025 – A police intervention in the Laayayda district of Salé on Wednesday, September 10, ended with a police officer injured and a 40-year-old man, known for previous offenses, fatally shot after wielding a large knife in public. According to local authorities,......

ExxonMobil explores selling UK and Belgian chemical plants in $1 billion deal

ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......

Sidi Slimane aims to position itself on the regional Industrial map

Situated just around 60 kilometers from the rapidly expanding industrial hub of Kénitra, Sidi Slimane is setting its sights on becoming a key player in the regional economic landscape. The city is preparing to launch a comprehensive feasibility study, both technical and financial, with the aim......