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Asset Sales

Asset Sales

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Double Upgrade For Iamgold After Rosebel Sale: These Assets Could Be Next, Analyst Says

By Priya Nigam
October 19, 12:42 PM
Iamgold Corp. (NYSE: IAG) sold a 95% interest in Rosebel Gold Mines N.V. to Zijin Mining of China at a price that is “well above" the carrying value of $177 million.

IAG

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Cognyte Stock Jumps On Divesting Assets

By Anusuya Lahiri
October 19, 10:54 AM
Cognyte Software Ltd (NASDAQ:CGNT) agreed to sell its Situational Intelligence solutions, which are part of Cognyte’s Threat Intelligence Analytics…

CGNT

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Lannett Announced that it Recently Sold Previously Discontinued ANDAs for ~$3M

By Charles Gross
October 19, 6:58 AM
Lannett Company, Inc. (NYSE: LCI) today announced that it has recently sold previously discontinued abbreviated new drug applications (ANDAs) for approximately $3 million to a privately held pharmaceutical company. The transaction was structured as a sale of assets.

LCI

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Starbucks Announced Agreement to Sell Seattle’s Best Coffee Brand to Nestlé; Terms Not Disclosed

By Charles Gross
October 19, 4:44 AM
Starbucks today announced it plans to sell the Seattle's Best Coffee brand to Nestlé, with which the company established the Global Coffee Alliance in 2018. This transaction will further strengthen the Global Coffee Alliance by allowing both companies to focus on their core strengths.

SBUX

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Credit Suisse Is Said To Be Starting The Sale Of Its Us Asset Management Arm

By Benzinga Newsdesk
October 17, 1:49 PM
- Bloomberg

CS

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‘Borr Drilling Limited Announces Sale of the Jack-up Drilling Rig “Gyme”‘ – News Powered by Cision

By Benzinga Newsdesk
October 13, 11:39 AM
https://news.cision.com/borr-drilling-limited/r/borr-drilling-limited-announces-sale-of-the-jack-up-drilling-rig--gyme-%2Cc3648049

BORR

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United Announces Sale Of Two Aframax Petroleum Tankers And Delivery Of The Previously announced LR2 Tankers For $62.5M

By Benzinga Newsdesk
October 13, 9:06 AM
United Maritime Corporation (the "Company" or "United") (NASDAQ:USEA), announced today that it has entered into definitive agreements with an unaffiliated third party for the sale of two Aframax

USEA

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Tricon Announces Sale Of Its Interest In U.S. Multi-Family Portfolio, Generating $315M Of Proceeds To Reduce Debt And Fund Future Growth

By Benzinga Newsdesk
October 12, 12:41 AM
Tricon Residential Inc. ("Tricon" or the "Company") (NYSE:TCN, TSX:TCN), an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada,

TCN

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Veris Residential Enters Binding Agreement To Sell Harborside 1, 2 And 3 For Aggregate Price Of $420M

By Bill Haddad
October 10, 6:02 AM
Veris Residential, Inc. (NYSE:VRE), a forward-thinking, environmentally- and socially-conscious REIT that primarily owns, operates, acquires, and develops Class A multifamily properties, today announced that it has

VRE

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Telenor Divests 30% Of Norway Fiber Company for $1B

By Anusuya Lahiri
October 7, 6:16 AM
Telenor ASA (OTC:TELNF) (OTC:TELNY) agreed to divest a minority stake in its Norway fiber assets to a consortium led…

KKR

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