Asset Sales Archives - Page 8 of 70

3 minute read

KKR And Blackstone Real Estate Income Trust Announces Agreement For Funds Managed By KKR To Acquire A Portfolio Of 19 Purpose-Built Student Housing Properties From BREIT For ~$1.64B

April 25, 8:27 AM

KKR and Blackstone Real Estate Income Trust, Inc. ("BREIT") today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for

BSTT

2 minute read

Boeing Isn’t Junk Status — Yet: Moody’s Outlook On Aircraft Maker Goes Negative

By Anthony Noto

April 24, 5:28 PM

Boeing is still considered "investment-grade," but a lower rating would mean that it's a "speculative" play — "junk" status.

2 minute read

Cidara Therapeutics Announces Divestiture Of Rezafungin To Mundipharma To Focus On Advancing The Clinical Development Of Cloudbreak DFC Pipeline; Transaction Provides Company With An Estimated ~$128M In Cost Savings

By Benzinga Newsdesk

April 24, 4:46 PM

Transaction provides company with an estimated approximately $128 million in cost savings, including approximately $67 million in clinical development and CMC costs over the next three years and an additional

CDTX

1 minute read

As A Result Of Entering Into The Asset Purchase Agreement, Masonite Anticipates Recording A Net Non-Cash Impairment Charge During Q2 Of 2024 In The Preliminary Range Of $90M-$100M

By Benzinga Newsdesk

April 24, 8:31 AM

On April 23, 2024 (the "Signing Date"), Masonite International Corporation, a British Columbia corporation ("Masonite" or the "Company"), entered into an Asset Purchase Agreement (the "Asset Purchase Agreement")

DOOR

2 minute read

TotalEnergies Trades Mature Assets for Growth In Low-Emission Congolese Oil Field

By Lekha Gupta

April 24, 6:54 AM

TotalEnergies SE has signed a deal with Trident Energy for purchase and sale transactions in Congo, increasing its stake in the Moho license and selling its interests in the Nkossa and Nsoko II licenses.

EIPX

2 minute read

‘Jana Partners, In Letter, Urges Wolfspeed To Consider A Possible Sale, Other Strategic Alternatives To Boost Share Price’ – Reuters News

By Benzinga Newsdesk

April 22, 1:03 PM

Activist investor Jana Partners is urging the world's largest maker of silicon carbide Wolfspeed Inc WOLF.N to explore all ways to improve shareholder value, including a potential sale, according to a letter reviewed by Reuters.

WOLF

2 minute read

Saudi Arabia Near Deal For Stake In Gold, Copper Mine Project In Pakistan’s Troubled Province

By Stjepan Kalinic

April 19, 11:14 AM

Saudi Arabia's Manara Minerals is reportedly in advanced talks to acquire a minority stake in Pakistan's Reko Diq gold and copper mine project. The project, located in the commodity-rich province of Balochistan, is on track to start production by 2028.

FQVLF

2 minute read

Rio Tinto, Saudi’s Manara Emerge As Likely Bidders For First Quantum’s Zambian Assets: Report

By Stjepan Kalinic

April 18, 11:39 AM

Rio Tinto, Manara, Mitsui & Co. and Sumitomo Corp. are rumored to be circling First Quantum-owned assets currently for sale.

FQVLF

2 minute read

EQT Inks Non-Operated Asset Deal With Equinor: Details

By Lekha Gupta

Yesterday, 11:18 AM

Equinor ASA and EQT Corporation shares are down after signing a $500 million asset sale agreement for non-operated natural gas assets in Northeast Pennsylvania.

EQNR

2 minute read

Electrical Equipment Company Encore Wire Gets Wired For Takeover In €3.9B Deal

By Lekha Gupta

Yesterday, 7:22 AM

Encore Wire to be acquired by Prysmian for $290 per share in cash. Transaction expected to close in second half of 2024, generating ~€140 million in EBITDA synergies.

MVPA