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TAG is already a co-investor with Index with 14 companies, including Moo, My Heritage, Glasses Direct, OpenX, Stardoll, Moshi Monsters and LoveFilm and it's exits include Agent Provocateur (3i), Sit Up TV (Virgin Media), Lastminute.com (IPO), Last.fm (CBS) and Dopplr (Nokia).
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The clothing retailer Children's Place said Thursday that it was exiting its Disney Stores business in North America and would reduce spending and cut jobs.
Earlier this year, Royal Dutch Shell said it was exiting Australia's refining industry, and Caltex Australia said it would convert its Sydney refinery to an import terminal.
Under Kazuhiro Tsuga, its newish chief executive, it is exiting both plasma televisions and consumer smartphones.
Sunoco announced on Tuesday that it was exiting the refining business, in its latest move to refocus the oil company on retail and logistics operations.
However, A.I.G.'s move to cash out of AIA doesn't mean it is exiting Asia altogether.
It said it would also shift fixed-income businesses it is exiting to the nonstrategic portion of the investment bank.
Gaylord Entertainment, owner of the Grand Ole Opry, said it was exiting the Internet business and cutting 85 related jobs.
Cigna blamed the weak and volatile stock market for the charge, which is related to claims it paid for death benefit annuities, a business it is exiting.
It is exiting the wholesale mortgage market, in which it buys mortgages from others, and will focus on direct mortgage lending.
In January Ericsson announced it was exiting handset manufacturing.
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