Asset Sales Archives - Page 60 of 70

2 minute read

PHX Minerals To Sell Additional Legacy Assets; Entered Into Two Agreements With Separate Buyers To Sell 257 Non-operated Legacy Working Interest Wellbores In The Arkoma Basin And The Eagleford Play For Total Cash Consideration Of ~$10.7M

December 27, 10:16 AM

Sale of 257 non-operated legacy working interest wellbores for $10.7 million, advances strategy of high-grading Company's asset base to further fixed-cost royalty production model FORT WORTH,

PHX

3 minute read

The Juniata Valley Bank And Orrstown Bank Announce Definitive Agreement For Sale Of Orrstown’s Path Valley Branch To Juniata

By Benzinga Newsdesk

December 23, 5:07 PM

The Juniata Valley Bank, a wholly-owned subsidiary of Juniata Valley Financial Corp. (OTCQX:JUVF) ("Juniata"), and Orrstown Bank, a wholly-owned subsidiary of Orrstown Financial Services, Inc. (NASDAQ:ORRF)

JUVF

2 minute read

Kingsway Financial Services’ Unit Entered Into A Purchase And Sale Agreement With BNSF Dayton To Sell Certain Real Property In Liberty County, Texas; Closing Purchase Price Consists Of $44.5M In Cash Plus Assumption Of Existing Loans Of ~$172.2M

By Benzinga Newsdesk

December 23, 2:43 PM

On December 22, 2022, TRT Leaseco, LLC (“Kingsway Seller”), an indirect subsidiary of Kingsway Financial Services Inc. (the “Company”), entered into a Purchase and Sale Agreement (the

KFS

2 minute read

Clear Channel Outdoor Holdings, Inc. To Sell Its Switzerland Business To Goldbach Group, An Affiliate Of TX Group, For $92.7M

By Benzinga Newsdesk

December 22, 1:51 AM

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) (the "Company") today announced it has entered into a definitive agreement to sell its business in Switzerland to Goldbach Group AG, an affiliate of TX Group AG, for CHF 86.0 million, or US$ 92.7 million1.

CCO

2 minute read

Coty Sells Fragrance License Back to Lacoste, Advancing Strategic Objectives

By Benzinga Newsdesk

December 21, 3:38 AM

Coty (NYSE:COTY), one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced the sale of its Lacoste fragrance license

COTY

1 minute read

Reported Late Tuesday, Four Corners Property Trust Announces Sale Leaseback Of Five Jiffy Lube Properties For $7.9M

By Benzinga Newsdesk

December 21, 1:48 AM

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the

FCPT

1 minute read

United Maritime Sells LR2 Tanker For $39M

By Shivani Kumaresan

December 20, 11:45 AM

United Maritime Corp (NASDAQ:USEA) has entered into a definitive agreement with an unaffiliated third party for the sale of one of…

USEA

2 minute read

Italy’s IP to Buy Exxon’s Refinery, Fuel Assets in Italy; Financial Terms Not Disclosed

By Charles Gross

December 20, 6:13 AM

IP, Italy's leading private fuel and mobility company, has signed today a binding agreement to acquire the activities and assets of Esso Italiana related to fuels and refining.

XOM

2 minute read

Vintage Wine Estates Monetizes Assets, Successfully Refinances Debt; Says Completed Sale Of 965 Acres Of Laetitia Vineyard For $9.1M

By Michael Horton

December 19, 6:03 PM

Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company"), one of the fastest-growing wine producers in the U.S. with an industry leading direct-to-customer platform, today reported the

VWE

3 minute read

M&T Bank’s Wilmington Trust Agrees To Sell CIT Business To Madison Dearborn Partners

By Benzinga Newsdesk

December 19, 10:17 AM

Transaction creates a strong foundation to support CIT's continued growth and expanded services and offerings CHICAGO and WILMINGTON, Del., Dec. 19, 2022 /PRNewswire/ -- Wilmington Trust,

MTB