Asset Sales Archives - Page 5 of 70

1 minute read

Myriad Genetics Announces Reorganization Of European Operations And Sale Of EndoPredict Business; No Financial Terms Disclosed, Deal Is Subject To Customary Closing Conditions, Expects The Transaction To Close In Q2 Or Q3 Of 2024.

May 7, 9:06 AM

Myriad Genetics, Inc., (NASDAQ:MYGN), a leader in genetic testing and precision medicine, today announced the reorganization of its European operations to better align company resources to its domestic opportunities

MYGN

3 minute read

Rubicon Announces Sale Of Fleet Technology Business Unit And Issuance Of Preferred Equity For $94.2M

By Benzinga Newsdesk

May 7, 8:53 AM

Rubicon Technologies, Inc. ("Rubicon" or the "Company") (NYSE:RBT), a leading provider of technology solutions for waste, recycling, and fleet operations, today announced that it has sold its fleet technology business

RBT

3 minute read

Everi Holdings Terminates Stock Repurchase Program, Effective May 2, 2024 And Implements A Mandatory Sell-To-Cover Policy

By Benzinga Newsdesk

May 6, 4:55 PM

Everi Holdings Inc. ("Everi" or the "Company"), announced that it has terminated its stock repurchase program effective May 2, 2024. On May 3, 2023, the Company's Board of Directors approved the stock repurchase program

EVRI

2 minute read

Fathom Announces Divestiture Of Dagley Insurance To DIA Founder Nathan Dagley For A Total Purchase Price Of $15M

By Benzinga Newsdesk

May 6, 4:13 PM

Fathom Holdings Inc. (NASDAQ:FTHM) ("Fathom" or the "Company"), a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings

FTHM

1 minute read

Shell Shifts Gears in South Africa, Reportedly Exits Downstream Unit

By Lekha Gupta

May 6, 2:03 PM

Shell plc is reportedly set to divest a significant portion of its shareholding in a South African downstream unit following a comprehensive review. The move aims to reshape its downstream portfolio, with financial terms undisclosed.

SHEL

1 minute read

Chip Designer Synopsys Sells Its Software Integrity Business For ~$2.1B

By Shivani Kumaresan

May 6, 1:53 PM

Synopsys seals a $2.1 billion deal with Clearlake Capital Group, L.P. and Francisco Partners, elevating its focus on core chip design by divesting its Software Integrity Group business to a new standalone entity. Led by existing management, the move aims to revolutionize software development, enhancing innovation while mitigating business risks.

ANSS

2 minute read

Warren Buffett Trims Berkshire’s Apple Stake: Should You?

By Piero Cingari

May 6, 12:03 PM

Warren Buffett's Berkshire Hathaway reduces its stake in Apple by 22% to $135.4B, despite only an 11% decrease in share price. This reflects a sale of 115M shares, strengthening cash reserves.

AAPL

4 minute read

“Florida GOP Formally Opposes Marijuana Legalization Ballot Initiative, Clearing Path For DeSantis To Fund ‘Counter Message’ Campaign” – Marijuana Moment

By Benzinga Newsdesk

May 6, 10:54 AM

https://www.marijuanamoment.net/florida-gop-formally-opposes-marijuana-legalization-ballot-initiative-clearing-path-for-desantis-to-fund-counter-message-campaign/The Florida Republican Party has officially come out

ACB

2 minute read

Sensus Healthcare Announces Sale Of First SRT-100 Vision System To Asia; No Financial Terms Disclosed

By Benzinga Newsdesk

May 6, 8:17 AM

Sensus Healthcare, Inc. (NASDAQ:SRTS), a medical device company specializing in highly effective, non-invasive treatments for both oncological and non-oncological conditions, announces the sale of the first SRT-100

SRTS

1 minute read

Shell Pumps The Brakes in Malaysia, Gas Station Network Reportedly Up for Sale For $1B

By Lekha Gupta

May 6, 7:35 AM

Shell is reportedly in talks with Saudi Aramco to sell its Malaysia gas station business for $1B. Plans to divest 500 stations this year, focus on profitable ventures.

SHEL