News by subject: Divestiture

Stonebridge is a direct to consumer insurer specializing in accidental death and hospitalization products that provides policies to around 200,000 customers across the United Kingdom, Germany, France, Spain, Italy, the Nordics and Ireland. Since...

Ring Energy, Inc. ("Company")("Ring") provided today an update on the sale of its Delaware Basin ("Delaware") asset located in Culberson and Reeves Counties, Texas ("Property"). Ring management stated that the buyer has requested an extension to...

J2 Global, Inc. , a leading Internet information and services company, announced today that the Company completed three acquisitions and one divestiture in the third quarter of 2020. The acquisitions listed below grow the Company's global customer...

RTW Retailwinds, Inc. ("RTW" or the "Company") [OTC PINK:RTWIQ], an online specialty apparel retail platform for powerful celebrity and consumer brands, announced that it closed on the sale of its e-Commerce business and all related intellectual...

New Mountain Capital, LLC, announced today that the sale of Gelest, Inc. to Mitsubishi Chemical America, Inc., the U.S. subsidiary of Mitsubishi Chemical Corporation, has closed following the clearing of all regulatory approvals. Gelest is a global...

Hargray Communications ("Hargray") and Cable One, Inc. ("Cable One") announced today that the companies have completed the contribution of Cable One's system serving Anniston, Alabama and surrounding areas, which operates under the Sparklight®...

UGI Corporation announced today that a subsidiary, UGI Energy Services, LLC, sold its ownership stake in the Conemaugh coal-fired power generation station to Montour, LLC. UGI held an ownership share of approximately 6%, or 102 MW of the Conemaugh...

ServiceMaster Global Holdings, Inc. , a leading provider of essential services to residential and commercial customers, today announced that it has completed the sale of its ServiceMaster Brands franchise businesses to an affiliate of investment...

Black Bear Transmission LLC, ("Black Bear") today announced that it has completed the divestiture of all the assets owned by Ozark Gas Gathering, L.L.C. ("OGG") to an undisclosed buyer. Black Bear is a portfolio company of the second Basalt fund...

BIAL, a pharmaceutical company based in Portugal with locations across Europe and dedicated to R&D in CNS diseases, announced today that it has established a new affiliate in the United States of America, BIAL Biotech Investments Inc. (BIAL Biotech)....

World Fuel Services Corporation today announced that it has completed the previously announced sale of its Multi Service payment solutions business to Corsair Capital, a New York based private equity firm specializing in business and financial...

Community Health Systems, Inc. announced today that an affiliate of the Company has completed the sale of 480-bed Bayfront Health St. Petersburg in St. Petersburg, Florida, and its associated assets to a subsidiary of Orlando Health which has...

Caesars Entertainment, Inc. ("Caesars Entertainment" or "Caesars") and VICI Properties Inc. ("VICI Properties" or "VICI") today announced they have completed the previously disclosed transaction to sell Harrah's Reno Hotel and Casino ("Harrah's...

ROYAL GOLD, INC. (together with its subsidiaries, "Royal Gold" or the "Company," "we" or "our") announced today that the Company has entered into an agreement to sell its ownership interest in the Peak Gold Project in Tok, Alaska and its common...

iCapital Network1, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced today that as part of the recent closing of its acquisition of...

CORE Industrial Partners ("CORE"), a Chicago-based private equity firm, announced today the sale of Prototek Holdings LLC ("Prototek" or the "Company"), one of the largest national rapid prototyping service providers, to Snow Phipps, a middle-market...

Dow Inc. today outlined the series of actions it will take to achieve previously announced structural cost improvement targets and further enhance its long-term competitiveness as the global economy recovers from the coronavirus pandemic. As...

APARTMENT INVESTMENT AND MANAGEMENT COMPANY ("Aimco" or the "Company") today commented on the Preliminary Solicitation Statement filed by Land & Buildings Investment Management, LLC ("Land & Buildings") in connection with its effort to solicit...

Acadia Healthcare Company, Inc. (the "Company" or "Acadia") today provides an update on the sale process for the U.K. business. The Company previously suspended the sale process due to the market dynamics related to the COVID-19 pandemic. Debbie...

Zayo Group Holdings, Inc. ("Zayo" or "the Company"), today announced that the Company has entered into an agreement to sell zColo, including certain U.S. and European data center assets, to DataBank. The transaction includes the sale of 44 data...

Diode Ventures, a Black & Veatch company that develops global infrastructure projects, today announced that renewable energy leader ACCIONA has acquired 100 percent of a 240-megawatt (MW) ac/315 MW dc photovoltaic (PV) project in development in Fort...

American Financial Group, Inc. today announced that it has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising the legal entities that own its Lloyd's of London insurer, Neon, to RiverStone Holdings Limited...

On September 14, 2020, Apartment Investment and Management Company ("Aimco") announced the closing of a California joint venture and its plan to separate its business through a spin-off, into two, separate and distinct, publicly traded companies,...

Serent portfolio company Davisware, a leading provider of ERP software for commercial field services providers, announced the sale of its Wintac brand, a field-service management software solution primarily targeting emerging market, residential...

CoreLogic , a leading global provider of property information, insight, analytics and data-enabled solutions, today filed its definitive proxy statement with the U.S. Securities and Exchange Commission ("SEC") in connection with its upcoming Special...

XL Fleet ("XL" or the "Company"), a leader in vehicle electrification solutions for commercial and municipal fleets, and Pivotal Investment Corporation II ("Pivotal"), a publicly traded special purpose acquisition company, today announced that they...

Regulatory News: Vifor Pharma has today announced the successful sale of 100% of the share capital of OM Pharma, a Vifor Pharma Group company to Optimus Holding Ltd. The terms of the deal include: A purchase consideration of MCHF 435 for 100% of...

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) ("Takeda") today announced that it has entered into an agreement to divest its TachoSil® Fibrin Sealant Patch ("TachoSil®") to Corza Health, Inc. ("Corza Health"). Corza Health was formed in...

Fortive Corporation ("Fortive") today announced that the Fortive Board of Directors has declared a pro rata dividend of 80.1% of the outstanding common stock of Vontier Corporation ("Vontier") to Fortive shareholders of record as of the close of...

The Kraft Heinz Company ("Kraft Heinz" or the "Company") announced today that it has entered into a definitive agreement to sell its Natural, Grated, Cultured and Specialty cheese businesses to a U.S. affiliate of Groupe Lactalis for a purchase...

Halstatt Real Estate Partners, a real estate private equity firm, announced increased sales and activity across all of its residential properties. Halstatt has completed four condo sales in Osprey, Fla. at its Edgewater at Hidden Bay development and...

Aldevron, a leading manufacturer of plasmid DNA, proteins and mRNA, today announced the sale of its Germany based antibody discovery business. Brian Walters, current president of the business unit and longtime employee of Aldevron, led a group of...

LSC Communications, Inc. ("LSC" or the "Company") today announced that the Company has entered into a stock and asset purchase agreement (the "Purchase Agreement") with an affiliate of Atlas Holdings LLC ("Atlas" or the "Purchaser") with the support...

R.R. Donnelley & Sons Company ("RRD" or the "Company"), a leading global provider of marketing and business communications, today announced that it has signed a definitive agreement to sell its DLS Worldwide Logistics business to TFI International...

ServiceMaster Global Holdings, Inc. , a leading provider of essential services to residential and commercial customers, today announced that the company will change its name to Terminix Global Holdings, Inc., and change its NYSE ticker symbol to...

Wren House Infrastructure Management Limited ("Wren House") today announced that it has agreed to acquire i3 Broadband ("i3" or the "Company") from Seaport Capital ("Seaport") and Countrywide Broadband. Headquartered in Peoria, Illinois, i3 is the...

Dow today announced that it has entered into a definitive agreement to divest certain U.S. Gulf Coast marine and terminal operations and assets to Vopak Industrial Infrastructure Americas, a joint venture of Royal Vopak and BlackRock's Global Energy...

Westwater Resources, Inc. , an energy materials development company, today announced a binding letter of intent to sell its uranium assets located in New Mexico and Texas to enCore Energy Corp. of Vancouver, British Columbia, Canada, a Toronto...

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) ("Takeda") today announced that it has entered into an agreement to divest a portfolio of select non-core prescription pharmaceutical products sold predominantly in Europe and Canada to...

I Squared Capital has completed the sale of Etenorte S.R.L. and Eteselva S.R.L. to Interconexión Eléctrica ? ISA Peru for a $158.5 million total cash consideration. Etenorte and Eteselva are premium regulated assets with over 740 kilometers of power...

EnPro Industries, Inc. today announced that it has closed the previously announced sale of all assets related to the STEMCO Motor Wheel® brake drum and Crewson® brake adjuster brands (collectively the "business"), to Hendrickson USA, LLC. EnPro...

Voya Financial, Inc. , today announced that it now expects to complete the divestment of its Individual Life and other legacy non-retirement annuities businesses in the fourth quarter of 2020. Voya previously announced that it has sold these...

Today, LEO Pharma A/S announced the sale of a portfolio of four non-core products to Cheplapharm for EUR 300 million. The agreement represents a milestone in the roll-out of LEO Pharma's 2030 strategy which increases the company's focus on new...

Nortech Systems Incorporated , a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced that it has completed...

Health2047 Inc., a Silicon Valley business-formation and commercialization enterprise launched by the American Medical Association (AMA), demonstrated continued momentum in the first half of 2020, highlighted by the launch of its fourth spin out...

August 24, 2020--New Gold Inc. ("New Gold" or the "Company") today reports that it has closed the previously announced sale of the Blackwater Project (the "Transaction") to Artemis Gold Inc. ("Artemis") for consideration comprised of: Total cash...

Live Oak Resource Partners, LLC ("Live Oak") and Posse Resources, LLC ("Posse") announced the closing of the sale of Live Oaks' mineral and royalty assets held by Live Oak Resource Partners I, LP ("Fund I") to Posse, through Posse's newly created...

Crane Credit Union ("CCU") and Home Financial Bancorp , the holding company of Our Community Bank ("OCB"), announced today they have signed a definitive purchase and assumption agreement whereby CCU, headquartered in Odon, Indiana, will acquire the...

NPC International, Inc. ("NPC" or the "Company") today announced that it has reached an agreement with Pizza Hut, whose parent company is Yum! Brands, Inc., on the optimization of its restaurant portfolio and that it will launch a sale process for...

CAI International, Inc. ("CAI" or the "Company") , announces the completion of an agreement to sell substantially all of the assets of its logistics business to NFI, on a debt free, cash free basis. In connection with the sale, substantially all of...