Asset Sales

Deal Dispatch: Honeywell, Textron And Soho House Are Making M&A Moves
Sonoco To Divest Business Unit To TOPPAN For $1.8 Billion, Focus On Core Packaging Businesses
Chevron, Woodside Finalize Asset Swap In $400 Million Deal
Sonoco To Divest Business Unit To TOPPAN For $1.8 Billion, Focus On Core Packaging Businesses
Chevron, Woodside Finalize Asset Swap In $400 Million Deal
Renewable Energy Company Ørsted Sells 50% Stake In US Solar And Battery Projects For $572 Million: Details
Textron Hits The Brakes On Powersports: Strategic Shift Amid Soft Demand

Asset Sales Recent News

3D Systems Agrees To Sell Geomagic Portfolio For $123 Million, AI And 3D Printing Take Center Stage
3D Systems sells Geomagic software to Hexagon for $123 million, focusing on core platforms to drive 3D printing adoption with AI and machine learning.
Dow Partners With Macquarie In Gulf Coast Infrastructure Play, Retains Strategic Control
Dow to sell 40% stake in U.S. Gulf Coast infrastructure assets to Macquarie Asset Management. Partnership aims for profitable growth through specialized infrastructure provider.
Equinor Wraps Up $2 Billion Asset Sale, Streamlining Global Oil And Gas Portfolio
Equinor exits Azerbaijan and Nigeria, realizing up to $2 billion and aligning with their strategy to optimize their portfolio and sustain production.
General Motors China JV Woes Trigger Billions In Charges: Details
GM shares down after recognizing $2.7 billion equity loss in China joint ventures. The company expects to record an other than temporary impairment of equity interest in the China JV's in the range of $2.6 billion – $2.9 billion in three months ending December 31, 2024.
Deal Dispatch: Stoli On The Rocks As US Business Goes Bankrupt, Ally Financial To Sell Credit Card Unit
The Container Store faces potential bankruptcy after failing to secure a $40 million financial deal and more M&A news from the week.
Newmont Sells Mine For $795 Million, Barrick Expands Reserves; Top Miners Unfazed By Underperformance
The Éléonore sale follows Newmont's strategy to divest non-core assets following its milestone acquisition of Newcrest Mining in 2023.
Merger-Bound Berry Global Agrees To Divest Specialty Tapes Unit For ~$540M
BERRY shares down as it sells Specialty Tapes business for $540M, reducing debt and aligning with focus on consumer markets.
Jupiter's Burnout: Can TILT Holdings Reverse Its Five-Year Vape Decline?
TILT's financial health is constrained by $62 million in debt, along with $44 million in lease obligations.
Honeywell Cashes Out: $1.325 Billion PPE Business Sale Fuels Bold Portfolio Transformation
Honeywell to sell PPE business for $1.325B, aligning with its portfolio strategy. Honeywell will retain its gas detection portfolio within the Industrial Automation segment.
Starbucks Eyes Stake Sale in China Amid Fierce Competition and Falling Sales
Starbucks is considering selling a stake in its Chinese business to local investors as it faces declining sales due to economic headwinds and competition from budget-friendly rivals like Luckin Coffee.
Newmont Strikes Deal To Sell Musselwhite Gold Mine, Bolstering $2 Billion Asset Sales Streak
Newmont Corp sells Musselwhite mine in Ontario to Orla Mining (ORLA) for up to $850 million in cash & contingent payments, pushing total divestment proceeds past $2 billion.
Ovintiv Shakes Up Portfolio With $2.38 Billion Montney Acquisition And $2 Billion Uinta Basin Sale, Pauses Buyback
Ovintiv to buy Montney assets from Paramount Resources for $2.377B, sell Uinta Basin assets for $2.0B, boosting 2025 free cash flow.
Spire Global Soars On Heels Of $241 Million Sale Of Maritime Business, Plans Debt Payoff
Spire plans to use the sale proceeds to fully pay off its outstanding debt and invest in growth opportunities.

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