Asset Sales Archives - Page 6 of 70

1 minute read

Why SaaS Company Conduent’s Shares Are Surging Today

May 3, 11:43 AM

Conduent makes strategic move with the sale of its Casualty Claims Solutions business to MedRisk for $240 million cash. The transaction underscores Conduent's commitment to streamline its portfolio and focus on core capabilities for growth.

CNDT

2 minute read

Elon Musk’s Tesla Sues Indian Company For Trademark Infringement: Report

By Shivani Kumaresan

May 3, 11:00 AM

Tesla escalates legal action against Indian battery manufacturer for unauthorized use of its trademark, "Tesla Power," seeking compensation and a permanent injunction.

FDIS

1 minute read

Seplat’s $1.28B Asset Deal with Exxon Gets Regulatory Boost: Report

By Lekha Gupta

May 3, 8:28 AM

The Exxon-Seplat asset sale in Nigeria could be approved within two weeks, ending a two-year delay since the $1.28 billion deal was signed. This will inject capital into Nigeria's oil industry and boost oil output.

IYE

6 minute read

Sandstorm Gold Royalties Announces Sale Of Select Non-Core, Non-Precious Metals Assets For Cash Proceeds Of $21M Plus The Retention Of The Next $10M In Proceeds From The Copper Mountain Royalty, And Renews Normal Course Issuer Bid

By Benzinga Newsdesk

May 2, 5:33 PM

Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE:SAND) (TSX:SSL) is pleased to announce that the Company has signed a definitive asset purchase agreement to sell a collection of

SAND

2 minute read

EMCORE Announces Sale Of Chips Business And Wafer Fabrication Operations For $2.92M And Certain Assumed Liabilities

By Benzinga Newsdesk

May 2, 4:40 PM

EMCORE Corporation (NASDAQ:EMKR), the world's largest independent provider of inertial navigation solutions to the aerospace and defense industry, announced today the consummation effective April 30, 2024 of a

EMKR

1 minute read

SYLA Announces Sale Of One Building Of Its SYFORME Brand Condominium, “SYFORME SUMIYOSHI II”; No Financial Terms Disclosed

By Benzinga Newsdesk

May 2, 9:13 AM

SYLA Technologies Co., Ltd. (NASDAQ:SYT) ("SYLA" or "the Company"), operator of the largest membership real estate crowdfunding platform in Japan, Rimawari-kun, announced that its wholly owned subsidiary, SYLA Co., Ltd.,

SYT

2 minute read

Safe And Green Holdings Announces Collaboration And Sales Of Modular Units To Britten Inc.; No Financial Terms Disclosed

By Benzinga Newsdesk

May 2, 8:32 AM

Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announces its collaboration and sales of modular units to

SGBX

1 minute read

Dow Advances Strategic Focus With Sale Of Flexible Packaging Laminating Adhesives Business To Arkema; The Transaction Value Is $150M Or Approximately 10 Times Forecasted 2024 EBITDA

By Benzinga Newsdesk

May 2, 8:23 AM

Proposed transaction aligns with the Company's best-owner mindsetProceeds to support the Company's Decarbonize & Grow and Transform the Waste strategiesMIDLAND, Mich., May 2, 2024 /PRNewswire/ -- Dow (NYSE:DOW)

DOW

1 minute read

“PG&E Nears Deal With KKR For Stake In Power Business Spinoff; California Utility Is Seeking Regulatory Approval To Sell KKR Part Of A New Company That Would House Most Of Its Power Generation Business” – WSJ

By Benzinga Newsdesk

April 30, 4:41 PM

https://www.wsj.com/business/energy-oil/pg-e-nears-deal-with-kkr-for-stake-in-power-business-spinoff-f3c7dc44?mod=e2twPG&E is nearing a deal to sell a multibillion-dollar stake in its fleet of power plants to

KKR