Asset Sales Archives - Page 9 of 70

1 minute read

GE’s Historic Crotonville Academy Reportedly Sold: End Of An Era?

April 15, 6:40 AM

Crotonville's sale by GE marks a turning point in corporate training. As 3M and Boeing seek buyers for their retreats, Salesforce embraces remote learning. Larry Culp reflects on restructuring decisions, while Crotonville's legacy continues under new management.

2 minute read

Medical Properties Trust Sells Majority Interest In Utah Hospitals; MPT Has Retained An ~25% Interest In The Venture And The Fund Purchased An ~75% Interest For $886M, Fully Validating MPT’s Underwritten Lease Base Of ~$1.2B; Will Generate ~$1.1B Of T…

By Benzinga Newsdesk

April 12, 4:07 PM

Generates Approximately $1.1 Billion of Total Cash Proceeds to MPTBrings Total Liquidity Transactions Year-to-Date to $1.6 Billion, or 80% of MPT's Initial FY 2024 TargetMedical Properties Trust, Inc. (the "Company" or

MPW

2 minute read

Carnival Eyes Real Estate Jackpot: Reportedly Plans To Sell Miami HQ Amid Post-Pandemic Shifts

By Shivani Kumaresan

April 10, 6:59 AM

Carnival capitalizes on real estate gains by selling its long-held Miami headquarters, aiming for a smaller footprint amidst post-pandemic shifts. The move aligns with industry trends of downsizing and adapting office spaces to changing work dynamics.

CCL

2 minute read

Adios Argentina: HSBC Divests Banking Operations In Argentina For $550M

By Lekha Gupta

April 9, 8:43 AM

HSBC's subsidiary, HSBC Latin America B.V., sells Argentina business to Grupo Financiero Galicia for $550 million, focusing on higher value opportunities.

AVIV

2 minute read

Why Information Technology Model N Shares Are Surging Today

By Lekha Gupta

April 8, 11:15 AM

Model N to be acquired by Vista Equity Partners for $1.25 billion, representing a 23% premium. Expected to close in mid-2024.

MMSC

1 minute read

Ansell Acquires Kimberly-Clark’s Protective Equipment Business For $640M

By Shivani Kumaresan

April 8, 8:26 AM

Ansell seals a binding agreement to acquire 100% of the assets that constitute Kimberly-Clark's Personal Protective Equipment business (KCPPE) for $640 million.

ANSLY

1 minute read

NGL Energy Partners LP Announces Sale Of The New Mexico Ranches For ~$70M In Proceeds, Including Working Capital; Including Asset Sales In FY24, We Have Exceeded The $150M Asset Sale Guidance

By Benzinga Newsdesk

April 5, 12:47 PM

NGL Energy Partners LP (NYSE:NGL) ("NGL," or the "Partnership") announced today that it has completed the sale of its North and South Ranches. These two New Mexico ranches have combined acreage of approximately 122,250

NGL

1 minute read

L3Harris Sheds Antenna Business In Portfolio Refinement: Details

By Shivani Kumaresan

April 5, 10:09 AM

L3Harris Technologies has signed a definitive agreement under which an affiliate of Kanders & Company, Inc. will acquire its antenna and related businesses for $200 million.

LHX

3 minute read

Datasea Enters Into A Sales Agreement With Shenzhen Xiaoranfang Marketing Co., Ltd. For The Sale Of Up To ~$8.45M Of The Company’s Acoustic High Tech Products

By Benzinga Newsdesk

April 4, 10:02 AM

Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada, dedicated to innovative business in acoustic high tech and 5G-Artificial Intelligence multimodal communication

DTSS