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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......»»

Category: topSource: bizjournalsApr 26th, 2024

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......»»

Category: topSource: reutersAug 27th, 2019

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.....»»

Category: topSource: business-standardMay 1st, 2018

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......»»

Category: topSource: cnnMay 29th, 2018

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.....»»

Category: realestateSource: realestateweeklyAug 22nd, 2018

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 .....»»

Category: europeSource: fortuneFeb 6th, 2019

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......»»

Category: topSource: reutersFeb 6th, 2019

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.....»»

Category: topSource: marketwatchApr 29th, 2021

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.....»»

Category: topSource: chicagotribuneMar 29th, 2021

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......»»

Category: topSource: washpostMar 11th, 2021

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.....»»

Category: topSource: marketwatchFeb 24th, 2021

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......»»

Category: topSource: foxnewsJan 30th, 2021

Hair Cuttery parent company to sell assets as part of bankruptcy reorganization plan

Cr.....»»

Category: topSource: bizjournalsApr 28th, 2020

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......»»

Category: forexSource: coindeskMar 25th, 2020

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......»»

Category: forexSource: coindeskMar 25th, 2020

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.....»»

Category: videoSource: reutersMar 23rd, 2020

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......»»

Category: topSource: reutersMar 9th, 2020

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......»»

Category: topSource: reutersMar 9th, 2020

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......»»

Category: topSource: reutersMar 9th, 2020

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......»»

Category: topSource: marketwatchFeb 18th, 2020

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......»»

Category: topSource: bizjournalsFeb 10th, 2020