Danone’s Strategic Move: Sells U.S. Organic Dairy To Focus On Core Health Brands
Danone SA (OTC: DANOY) disclosed the agreement to sell its premium organic dairy activity in the U.S.
China Yuchai Entered Agreementt For Sale Of Suzhou Remanufacturing Unit To Beijing Liandong For RMB 179.94M
China Yuchai International Limited (NYSE:CYD) ("China Yuchai" or the "Company), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery
Why Plasma Therapeutic Company Grifols Shares Are Rising Today
Grifols, S.A. (NASDAQ: GRFS) shares are trading higher after the company
UnitedHealth’s Decision To Sell Its Operations In Brazil To A Private Investor Leads To $7B Charge – What’s On The Cards?
UnitedHealth Group Incorporated (NYSE: UNH) disclosed on Friday that it has entered into an
22nd Century Group Exits Cannabis Industry, Closes Franchise Sale Deal
22nd Century Group, a biotechnology company focused on plant genetics and cannabis research, has announced the sale of its hemp/cannabis assets. The sale, along with the assignment of a non-strategic hemp/cannabis asset in Colorado, is expected to reduce the company's debt by $3.2 million. An additional $2 million reduction will come from the buyer's payment of a secured promissory note. After these transactions, the remaining outstanding debt is expected to be approximately $8.8 million. The company's chairman and CEO, Larry Firestone, stated that the sale will help reduce operating costs and move the business towards a sustainable, cash-positive operating basis. The insurance proceeds from a fire at the company's manufacturing facility in Grass Valley will also be used to further reduce the debt.
Tech Giant Jabil Adjusts Q2 FY24 Guidance Post Mobility Division Divestiture: Details
Jabil Inc (NYSE: JBL) revised its Q2 FY24 guidance post-completion of the divestiture
Why Cryptocurrency Mining Company LM Funding America Shares Are Down Today
LM Funding America Inc (NASDAQ: LMFA) shares are trading lower by around 12% after it disclosed an agreement to sell Symbiont's blockchain technology to Platonic Holdings Inc.
Conduent’s Big Move: Shedding Two Businesses for $260M To Slash Debt And Refine Portfolio
Conduent Inc (NASDAQ: CNDT) disclosed a definitive deal to sell its Curbside Management Solutions and Public Safety Solutions businesses to Modaxo, a
Why First Wave BioPharma Shares Are Skyrocketing Today
First Wave BioPharma, Inc. (NASDAQ: FWBI) shares are skyrocketing Wednesday after the company entered a non-binding term sheet to sell its Niclosamide program for the treatment of
Ascent Industries Announces Sale Of Specialty Pipe & Tube For $55M In An All-Cash Transaction; The Transaction Closed On December 22, 2023
Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, has announced the sale of the