News by subject: Divestiture

Black Stone Minerals, L.P. ("Black Stone," "BSM," or "the Company") today announced it has entered into two separate agreements to sell certain mineral and royalty properties in the Permian Basin for gross proceeds totaling approximately $155...

The Carlyle Group and T&D Holdings (TYO: 8795) announced today that they have completed their acquisition of a 76.6% interest in Fortitude Group Holdings, whose group companies include Fortitude Re, from American International Group, Inc. . The...

BWX Technologies, Inc. announced today it has completed the process to divest its United States-based commercial nuclear services business to Framatome. In a cashless transaction, BWXT will receive a 118,000-square-foot manufacturing facility and...

Service Properties Trust today announced that it has completed the sale of a 674,143 square foot property located at 555 Turnpike Street, Canton, MA for $51 million, excluding closing costs. The proceeds from the sale will be used for the repayment...

POSaBIT Inc. has sold its subsidiary, DoubleBeam Inc., to FinTech company The OLB Group. POSaBIT purchased DoubleBeam in early 2018 to buttress their entry into the cannabis point of sale market, utilizing DoubleBeam's robust hardware and software...

ConocoPhillips today announced the completion of the sale of its subsidiaries that hold its Australia-West assets and operations to Santos. The total consideration for the sale is unchanged; however, in connection with the closing, ConocoPhillips...

Pebblebrook Hotel Trust (the "Company") today announced that it executed a contract to sell the 125-room Union Station Hotel Nashville, Autograph Collection in Nashville, TN for $56.0 million to a third party. The sale of Union Station Hotel...

Domain Capital Group, LLC, a comprehensive private investment management services firm, today announced its subsidiary, Domain Timber Advisors, has sold the remaining asset in the company's Environmental Investments I Fund to a private investor....

Halstatt Real Estate Partners, a real estate private equity firm, today announced the sale of the Galleria Building in North Naples. Halstatt, in partnership with KOVA, purchased the property and implemented a leasing stabilization and improvement...

NOTICE IS HEREBY GIVEN that William A. Brandt, Jr. of Development Specialists, Inc. ("DSI"), as chapter 11 Trustee of San Luis & Rio Grande Railroad, Inc. ("SLRG") is selling SLRG's 100% Membership Interest in its wholly-owned subsidiary...

The 19(a) monthly distribution notices for Putnam Managed Municipal Income Trust and Putnam Municipal Opportunities Trust are now available. These informational notices provide further details on the sources of the funds' monthly distributions and...

Assurant, Inc. , a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the closing of the sale of its investment in Iké Asistencia (Iké) and certain of its affiliates....

REV Group, Inc. , a manufacturer of industry-leading specialty vehicle brands, announced today that it has completed the sale of its two shuttle bus businesses to Forest River effective May 8, 2020. Proceeds from the sale will be used to pay down...

Colony Capital, Inc. and subsidiaries (collectively, "Colony Capital," or the "Company") today announced financial results for the first quarter ended March 31, 2020. Total revenues of $508 million GAAP net loss attributable to common...

Washington Prime Group Inc. today reported financial and operating results for the first quarter ended March 31, 2020. As previously announced, and due to the coronavirus (COVID-19) pandemic, the Company has withdrawn its full-year 2020 guidance...

Dean Foods today announced that it has completed the previously announced sale of its facility in Miami, Florida to Mana Saves McArthur, LLC for $16.5 million. As a result, Dean Foods has completed all of its previously announced sales. In the coming...

Masonite International Corporation ("Masonite" or "the Company") today announced results for the three months ended March 29, 2020. Executive Summary - 1Q20 versus 1Q19 Net sales increased 4% to $551 million versus $530 million. Net income...

L3Harris Technologies today completed the previously announced sale of its airport security and automation business to Leidos for $1 billion. With annual revenues of approximately $500 million, L3Harris' Security & Detection Systems and MacDonald...

Iteris, Inc. , the global leader in smart mobility infrastructure management, today announced preliminary revenue and operating income results for the period ending March 31, 2020. Fourth Quarter and Full Year Preliminary Results Total fourth...

SL Green Realty Corp. , Manhattan's largest office landlord, today announced it has entered into a contract to sell its recently repositioned 609 Fifth Avenue retail condominium for $168.0 million to an affiliate of the Reuben Brothers. The...

3M today announced that it has completed the sale of substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, LLC., for approximately $650 million in total consideration, including cash, an interest-bearing...

Dean Foods ("Dean Foods" or the "Company") today announced that it has completed the previously announced sale of the Company's Uncle Matt's business to Harmoni, Inc. The Company also completed the sale of its Hilo facility and related distribution...

Ben Franklin Financial, Inc. , the holding company for Ben Franklin Bank of Illinois (the "Ben Franklin Bank"), today announced the completion of the purchase and assumption transaction between Corporate America Family Credit Union ("CAFCU"), Ben...

Magellan Health, Inc. , one of the nation's leaders in managing complex, high cost healthcare, today announced that it has entered into a definitive agreement with Molina Healthcare, Inc. to sell its Magellan Complete Care (MCC) business to Molina...

Power management company Eaton Corporation plc today announced that earnings per share were $1.07 for the first quarter of 2020. Excluding charges of $0.02 per share related to acquisitions and divestitures, adjusted earnings per share were $1.09....

Community Health Systems, Inc. announced today that subsidiaries of the Company have signed a definitive agreement to sell two Texas hospitals ? 231-bed Abilene Regional Medical Center in Abilene and 188-bed Brownwood Regional Medical Center in...

Community Health Systems, Inc. announced today that an affiliate of the Company has signed a definitive agreement to sell its majority ownership interest in 84?bed St. Cloud Regional Medical Center and its associated healthcare operations in St....

Adtalem Global Education , a leading workforce solutions provider, today announced that it has completed the sale of Adtalem Educacional do Brasil to YDUQS, the second largest education company in Brazil. "This is a critical inflection point for...

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 over-the-counter and prescription pharmaceutical products sold in Europe, and two...

Dean Foods Company ("Dean Foods" or the "Company") today announced that it has entered into an asset purchase agreement with MGD Acquisition, LLC for the sale of Dean Foods' Hilo facility and related distribution branches on the Big Island, Kauai and...

Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful sale of Saba Software, a leading provider of cloud-based talent management software, to...

CDK Global, Inc. (the "Company" or "CDK") today announced it has completed the sale of the Company's Digital Marketing Business to Ansira Partners, Inc. ("Ansira"). The CDK Digital Marketing Business has been rebranded as Sincro, a subsidiary of...

VF Corporation today provided certain preliminary unaudited selected financial data for full year fiscal 2020 in conjunction with a debt financing. This release should be read in conjunction with the financial statements and management's discussion...

I Squared Capital, through its ISQ Global Infrastructure Fund I, has completed the sale of Chenya Energy to Marubeni Corporation. Chenya Energy is a dedicated solar development, construction and operating platform in Taiwan and was a wholly owned...

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1325 per share payable on May 15, 2020, to shareholders of record as of May 4,...

Community Health Systems, Inc. announced today that a subsidiary of the Company has signed a definitive agreement to sell 171-bed San Angelo Community Medical Center in San Angelo, Texas, and its associated assets to subsidiaries of Shannon Health...

Eagle Materials Inc. announced today that the Company has sold its Western Aggregates and Mathews Readymix operations for $93.5 million to Teichert, a California-based construction company. Western Aggregates vested-rights-to-mine covers 3,900 acres...

Chevron Corporation announced today that its affiliate companies have sold their non-operating interests in the Azeri-Chirag-Deepwater Gunashli (ACG) oil fields (including interests in the Western Export Route Pipeline) and the Baku-Tbilisi-Ceyhan...

Ring Energy, Inc. ("Company")("Ring") announced today that it has entered into a Purchase and Sale Agreement ("PSA") to sell its Delaware Basin ("Delaware") asset located in Culberson and Reeves Counties, Texas ("Property"). The Property consists...

Turning Point Brands, Inc. (the "TPB") and Standard Diversified Inc. ("SDI") announced today that they have entered into a definitive agreement under which SDI will be merged into a wholly-owned subsidiary of TPB in a tax-free downstream merger, in...

Diversified Healthcare Trust has completed the previously announced sale of four assets for a combined sales price of approximately $56 million. These sales include: A portfolio of three senior living communities with a combined 599 units...

LTC Properties Inc. , a real estate investment trust investing in seniors housing and health care properties, today announced the completion of the sale of its Preferred Care, Inc. portfolio. LTC previously communicated that it anticipated concluding...

RELIEF THERAPEUTICS Holding SA (SIX:RLF, "Relief Holding") announces today the closing of the binding Share Exchange Agreement ("SEA") for the acquisition by Sonnet BioTherapeutics, Inc. ("Sonnet"), now a subsidiary of Sonnet BioTherapeutics...

Athora Holding Ltd. ("Athora") announces today the closing of the transaction to acquire VIVAT N.V. ("VIVAT") from Anbang Group Holdings Co Limited. VIVAT is now part of Athora's European group of life insurance companies. Athora and NN Group ("NN")...

Roadrunner Transportation Systems, Inc. ("Roadrunner" or the "company") , a leading asset-right transportation and asset-light logistics service provider, today announced the sale of a Dry Van business unit, Stagecoach Cartage and Distribution, LLC...

Covetrus® , a global leader in animal-health technology and services, today announced that it has completed the sale of its scil animal care business ("scil") to Heska Corporation ("Heska") . The transaction closed under an amended purchase...

News Corp today announced that it has entered into a definitive agreement to sell its News America Marketing business ("NAM") to Charlesbank Capital Partners, a private equity firm with offices in Boston and New York. The agreement follows a...

Culligan, the innovative brand in consumer-focused and sustainable water solutions and services, today announced that it has completed its previously announced acquisition of AquaVenture Holdings Limited ("AquaVenture"). Additionally, Culligan...

AES US finalized the sale of approximately 51 acres of coastal land in Redondo Beach, California to a private developer. The property is the site of the AES Redondo Beach Power Plant, located at 1100 North Harbor Drive in Redondo Beach, California....

First paragraph, first sentence of release dated March 25, 2020 should read: The Riverside Company ("Riverside") (instead of Riverside Partners ("Riverside")). The corrected release reads: RENOVUS CAPITAL PARTNERS ANNOUNCES THE SALE OF RED...