Tag: sells
Unilever sells off Ben & Jerry’s in Israel to avoid West Bank row
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Unilever has sold off its Ben & Jerry’s business in Israel in an attempt to extricate itself from a row over sales of the ice-cream in settlements in the West Bank. Ben & Jerry’s independent board announced la...
Baseball signed by Zelenskiy sells at US auction for over $50,000
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A baseball signed by the Ukrainian president, Volodymyr Zelenskiy, has sold at auction for more than $50,000, with a portion of the proceeds going to Ukrainians displaced by the Russian invasion. A Boston auctioneer, ...
Gordon Ramsay sells Cornish home ‘for a record’ £7.5m
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Gordon Ramsay has sold one of his homes in Cornwall for £7.5m in what is believed to be the most expensive sale ever recorded in the county. Daymer Bay House in Trebetherick – a property with six bedrooms, four bathro...
Elon Musk sells $8.5bn-worth of Tesla shares after Twitter deal
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Elon Musk has sold $8.5bn (£6.8bn) worth of shares in Tesla as the world’s richest man raises cash after reaching a deal to buy Twitter. The Tesla chief executive has committed $21bn of his own money to the funding pa...
US hedge fund billionaire sells Netflix stake at huge loss
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The billionaire hedge fund manager Bill Ackman has sold his shares in Netflix at a loss of about $400m (£305m), reversing his bullish position in the streaming giant after it reported an outflow of more than 200,000 s...
Mega mansion flop: hyped LA home sells for less than half its $500m asking price
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A Bel Air mega mansion marketed as “America’s most expensive residence” sold in an bankruptcy auction on Thursday with a winning bid of $126m, a fraction of its reported original asking price of half a billion dollars...
Note from Aldo Moro kidnappers sells for €26,000 at controversial auction
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A leaflet claiming responsibility for the 1978 kidnapping of the Italian statesman Aldo Moro by the ultra-left Red Brigades has been sold at auction, despite criticism the sale was in poor taste. Rome’s Bertolami auct...
Rare first edition of The Incredible Hulk comic sells for $490,000
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A 60-year-old comic featuring the Incredible Hulk – in which the superhero is depicted in his original grey, rather than his signature green – has been sold for almost half a million dollars. The rare copy of Incredib...
Sotheby’s sells record $7.3bn of art so far in 2021
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Sotheby’s has sold a record $7.3bn (£5.5bn) worth of art and other collectibles so far this year – the most in its 277-year history. The auction house said on Wednesday that an “influx of younger, tech-savvy collector...
Elon Musk sells $5bn in Tesla stock days after Twitter poll
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Elon Musk has sold about $5bn in shares amounting to roughly 3% of his Tesla holdings, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake. About $4...
Peter Jackson sells special effects studio Weta Digital for $1.63bn
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The special effects studio co-founded by Sir Peter Jackson, which has brought blockbusters including Lord of the Rings and Game of Thrones to life, has been sold for more than $1.6bn, in the latest blow to New Zealand...
Richard Branson sells third stake in Virgin Galactic to prop up other firms
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Richard Branson has sold a further $300m (£220m) stake in Virgin Galactic to raise more funds to prop up his airline, Virgin Atlantic, and other businesses hit hard by the pandemic. It is the third time Sir Branson, 7...
Adidas sells Reebok to US conglomerate after shareholder pressure
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Adidas is selling Reebok to the US brand management company Authentic Brands Group for up to €2.1bn (£1.8bn), as the German sportswear firm concentrates on its core marque after pressure from investors. Reebok was bou...
House with no toilet sells for $2m as New Zealand property market soars
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A decaying three-bedroom house with no toilet or bathroom, missing walls and an overgrown garden has sold in New Zealand for more than $2m (£1m), in the latest example of runaway property markets around the world. The...
Supanova expo under fire after vendor sells far-right merchandise in Sydney
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Australian pop culture expo Supanova has apologised to fans after photos emerged of a vendor selling T-shirts at its Sydney expo with the swastika and other paraphernalia associated with far-right groups. Supanova is ...