Asset Sales

Newmont Strikes Deal To Sell Musselwhite Gold Mine, Bolstering $2 Billion Asset Sales Streak

Ovintiv Shakes Up Portfolio With $2.38 Billion Montney Acquisition And $2 Billion Uinta Basin Sale, Pauses Buyback

Spire Global Soars On Heels Of $241 Million Sale Of Maritime Business, Plans Debt Payoff

Ovintiv Shakes Up Portfolio With $2.38 Billion Montney Acquisition And $2 Billion Uinta Basin Sale, Pauses Buyback

Spire Global Soars On Heels Of $241 Million Sale Of Maritime Business, Plans Debt Payoff

Exxon Mobil Sells $1 Billion in Permian Basin Assets to Focus on Shale: Report

Deal Dispatch: Prison Companies In Focus Post-Election, Tripadvisor Boasts $11B In Cash

Exxon Mobil Sells $1 Billion in Permian Basin Assets to Focus on Shale: Report

Deal Dispatch: Prison Companies In Focus Post-Election, Tripadvisor Boasts $11B In Cash

Emerson Electric Gains On Q4 Earnings Beat And FY25 Growth Forecast: Eyes AspenTech Buyout

Anglo American Offloads $1.1 Billion Coal Stake, Proceeds With Restructuring

Asset Sales Recent News

Eni Completes $1 Billion Alaska Asset Sale, Fast-Tracks Portfolio Goal: Details

Eni S.p.A. trading higher after selling Alaska assets for $1 billion. Sale aligns with strategy to streamline portfolio and reach €8 billion inflow goal by 2025.

Deal Dispatch: TGI Fridays Goes Bankrupt, BHP Backtracks Comments And More M&A News

PE-owned TGI Fridays is looking for a bankruptcy deal, while ConocoPhillips and DigitalBridge Group seek to sell assets.

Chevron Q3 Earnings: Production Boost By PDC Energy & Permian Basin, Targets $2-$3 Billion In Structural Savings By 2026

Chevron Corp reported Q3 results, with adjusted net earnings of $4.53 billion, and a quarterly dividend of $1.63 per share. The company plans to reduce costs and divest assets to improve performance.

Deal Dispatch: UFC, WWE Parent TKO Takes On Bull Riding; Endeavor Looks To Sell Tennis; Another Car Company Goes Bankrupt

IMG tennis assets are on the auction block. The announcement came after TKO inked a deal with Endeavor for Professional Bull Riders.

KKR Acquires 25% Stake In Enilive, Supporting Eni's Push For Energy Transition

Eni & KKR shares up premarket as KKR acquires 25% stake in Enilive for $3.172B, improving Eni's capital structure and supporting energy transition.

JAB Strengthens Hold On Coffee Company JDE Peet's As Mondelez Sells Off 86M Shares

Mondelez International agreed to sell 86 million JDE Peet's shares to JAB for €25.10 per share. JAB also distributed shares to 70 limited partners, increasing free float to 32%.

Viad Shakes Things Up With $535M GES Sale, Rebranding Ahead

Viad Corp sells GES business to Truelink Capital for $535 million. Proceeds used to retire 2021 Credit Facility. Pursuit to rebrand as PRSU.

Sanofi Engages In Exclusive Talks With US Private Equity CD&R For Its Consumer Health Business

Sanofi and private equity firm CD&R are in negotiations to sell a 50% stake in Opella, Sanofi's consumer healthcare division. With a €16B valuation, Opella is the third-largest player in the global OTC and VMS market. The deal is expected to close in Q2 2025.

US Cellular Sells Key Spectrum Licenses To Verizon In $1B Deal

US Cellular sells part of its spectrum licenses to Verizon for $1.0 billion, aligning with their plan to monetize unused spectrum and T-Mobile sale.

Why Oil & Gas Company Phillips 66 Shares Are Falling On Tuesday?

Phillips 66 (PSX) sells 49% stake in Swiss joint venture for $1.24 billion, to support strategic priorities and shareholder returns.

Epic Cannabis Fails You Should Know About: MedMen, Eaze And Others Go Down In California Meltdowns

California's cannabis market saw several companies rise with promises of dominance, only for many of these giants to collapse.

Newmont Strikes ~$1B Deal For Akyem Sale, Focus Sharpens on Tier 1 Assets

Newmont Corporation sells Akyem operation in Ghana to Zijin Mining Group for up to $1 billion in cash, aligning with their strategy to focus on Tier 1 assets and streamline their portfolio.

Here's Why SL Green Stock is an Apt Portfolio Pick for Now

SL Green Realty Corp. (NYSE: SLG) has a portfolio of high-quality and well-amenitized office properties in New York City, which positions it well for growth.