WeWork sells Teem and its stake in The Wing as it continues to divest non-core businesses

WeWork has completed the sales of Teem and its minority stake in The Wing. The divestitures follow the December sale of Conductor and are part of WeWork’s strategy to focus on its core workspace business. “.....»»

Shared workplace operator WeWork said on Wednesday it sold cloud and analytics services provider Teem to digital workplace solutions provider iOFFICE, as it offloads non-core businesses after a botched initial public offering last year......»»

WeWork has sold its minority stake in the female-focused coworking startup The Wing, part of parent company We Co.’s efforts to refocus on its main office-sharing business. The company had been... To view the full story, click the title link......»»

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The We Company, owner of office-space sharing company WeWork, disclosed on Friday it will divest all non-core businesses and reduce headcount across its ventures as part of a 90-day plan......»»

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DuPont is selling its silicon wafer business to a South Korean company for $450 million as it continues to sell off "non-core" businesses. Wilmington-based DuPont (NYSE: DD) said Tuesday it's agreed to sell its Compound Semiconductor Solutions bu.....»»

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L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand......»»

Voya Financial Inc. announced Wednesday a deal with Resolution Life Group Holdings to divest substantially all of .....»»

NEW YORK (AP) — WeWork said Friday it will divest from several side businesses and cut jobs as part of a 90-day plan to turn itself around following its botched attempt to sell stock on Wall Str.....»»

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Sarah Jacobs/Business Insider WeWork is considering selling its 23% stake in the women's coworking space The Wing, Bloomberg reported on Tuesday.&.....»»

U.S.-based Sempra Energy said on Monday it would sell stakes in its Peruvian operations to a unit of China Yangtze Power Co for $3.59 billion in cash, to focus on its core businesses in North America......»»

AT&T shares rose Monday after activist investor Elliott Manamgent disclosed a $3.2 billion stake and called on the wireless carrier to sell non-core businesses to boost its stock price. Fred Katayama reports......»»

An activist investor with a $3.2-billion stake in AT&T is urging the media company to make strategic changes to improve its bu.....»»

Community Health (CYH) will divest its Bluefield Regional Medical Center to concentrate on its core operations. .....»»

Consumer-goods conglomerate Newell Brands found a buyer for its packaging business and will look to shed at least two more businesses as the maker of Graco strollers continues its turnaround plan......»»

Shell (RDS.A) is going to divest around 98 million share.....»»