Phillips 66 to sell some assets in Austria and Germany as part of $3 billion divestment goal
In its Q4 2024 earnings report, Phillips 66 said it had earned $392 million from asset sales in 2023. Now, more assets have been put up for sale as the company works toward its $3 billion divestment goal......»»
BP exits Alaska with $5.6 billion sale to Hilcorp
British oil major BP said on Tuesday it had agreed to sell its Alaskan operations for $5.6 billion to privately held oil and natural gas explorer Hilcorp Alaska as part of its divestment plans......»»
L&T to sell electrical and automation business to Schneider for Rs 140 bn
Divestment from this business is part of L&T's larger plan to streamline its operations, by divesting from non-core assets.....»»
Bayer to sell off $9 billion in assets as part of Monsanto takeover
The Department of Justice has approved a multi-billion dollar merger between Bayer and Monsanto that will create one of the world's largest agrichemical companies......»»
Anbang to save Waldorf from $5.5B hotel portfolio sell-off
Anbang International has no plans to sell its prize Waldorf-Astoria Hotel as part of a $5.5 billion sale of US hospitality assets, sources have told Real Estate Weekly. After seizing its operations earl.....»»
UBS Prepares to Shift $36.5 Billion of Assets to Germany While U.K. Bickers Over Brexit
The goal is to keep operations going amid uncertainty about .....»»
UBS gets approval to shift 32 billion euros of assets from Britain
UBS has received approval from a London court to move up to 32 billion euros ($36.44 billion) in assets from Britain to Germany as part of plans to keep business in the European Union after Brexit......»»
CenterPoint Energy stock gains after $2.15 billion deal to sell Arkansas, Oklahoma gas assets
Shares of CenterPoint Energy Inc. gained 0.3% in premarket trading Thursday, after the Texas-based electric and gas utility announced a deal to sell its Arkansas and Oklahoma natura.....»»
Allstate to take $4 billion net loss this quarter on life sales
Allstate Corp. struck another deal to sell part of a life-insurance business and warned investors that the divestitu.....»»
Homeownership grant seeks to boost Black home buying
TOWN SQUARE | The grant is part of Chase’s $30 billion Path Forward commitment to help close the racial wealth gap. The goal is to help an additional 40,000 Black and Latino families become homeowners over the next five years......»»
ExxonMobil to sell UK upstream central and northern north sea assets for more than $1 billion
ExxonMobil said Wednesday it has agreed to sell most of its non-operated upstream assets in the U.K. central and northern North Sea to HitecVision for more than $1 billion. The sale h.....»»
Some GameStop investors got in with one goal — to pay off debt
Now, after a wild January featuring a 1,625% rise, comes the hard part: deciding when to sell......»»
Mt. Gox Trustee May Sell Some Crypto Assets, Says Draft Repayment Plan
The trustee of the now-defunct bitcoin exchange intends to liquidate cryptocurrencies other than bitcoin and bitcoin cash as part of a draft rehabilitation plan......»»
Mt. Gox Trustee May Sell Off Some Crypto Assets, Says Draft Repayment Plan
The trustee of the now-defunct bitcoin exchange intends to liquidate cryptocurrencies other than bitcoin and bitcoin cash as part of a draft rehabilitation plan......»»
SoftBank plans to sell $41 bln of assets
SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies. Ciara Lee reports.....»»
Tesco plans $6.6 billion shareholder return from Asia disposals
Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as part of plans to refocus on Britain......»»
Tesco plans $6.6 billion shareholder return from Thai, Malaysia sale
Tesco plans to return $6.6 billion to shareholders after it agreed to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as part of a plan to refocus on Britain......»»
Tesco to return $6.6 billion to shareholders after sale of Thai, Malaysia assets
Britain's Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group for an enterprise value of $10.6 billion......»»
The Wall Street Journal: HSBC to cut 35,000 jobs as part of plan to scale back operations
HSBC Holdings PLC said it would cut 35,000 jobs and $100 billion in assets in the next three years as it scales back its operations in the U.S., mainland Europe and its investment bank......»»
Exclusive: Chevron picks investment bank to sell off Appalachian assets
Here's what Chevron hopes to accomplish in the divestment, that was announced in December......»»