SAirGroup's airline unit, which owns all of Swissair and parts of Crossair, Sabena, TAP, LOT and other carriers, lost 155 million Swiss francs ($86.4 million) in the first half of 2000.
Its telecoms unit, which owns underseas fibre-optic cable, is in a mess but at least it is still going, unlike most of its erstwhile competitors.
In a bold move to expand into oil and gas, he struck a deal to buy upto 60% stake in Cairn Energy's Indian unit which owns country's biggest onshore oil field, for an estimated $9.6 billion.
Just a few days after our story ran, General Motors accepted Rupert Murdoch's $6.6 billion bid for a 34% equity interest in its Hughes Electronics unit, which owns DirecTV.
That unit, which owns office buildings and issues loans for commercial real estate properties, saw a $237 million loss in the second quarter, compared with a profit of $484 million in the same period last year.
Indian Oil will bid for BP's 70percentt stake in the Malaysian unit, which owns nearly 300 retail outlets, and its Singapore unit, which owns 30 outlets.
Boots is selling its over-the-counter medicines unit, which owns brands including Strepsils and Nurofen.
CapitaLand, Southeast Asia's biggest developer, said first-quarter profit rose 43percentt, helped by developments in China and in its Raffles Holdings unit, which owns the 118-year-old RaffleSingaporen Singapore.
In July, Disney agreed to acquire the unit, which owns the Fox Family cable channel, for $3 billion in cash plus the assumption of about $2.3 billion in debt.
GM said that it was making progress on a possible sale or spinoff and that there were several interested parties with different ideas of what to do with the unit, which owns the DirecTV satellite-television service, among other businesses.
