BHP completes the $4.1 billion divestment of Daunia and Blackwater
LONDON: BHP and Mitsubishi Development Pty Ltd (MDP) have completed the divestment of the Blackwater and Daunia mines to Whitehaven Coal. Daunia and Blackwater were...
OCI Global reports sharp drop in revenues and earnings, sells off fertilizer assets
AMSTERDAM: OCI Global, a leading producer and distributor of nitrogen fertilizers and industrial chemicals, announced its financial results for the fourth quarter and full year...
Divestment of Shell Pakistan by parent company may value around US$140mn
KARACHI, PAKISTAN: Shell Pakistan Limited (SHEL) is set to be sold by its parent company, Shell Global. The announcement was made in a notice to...
TotalEnergies EP Gabon finalizes divestment of interests in non-operated assets and Cap Lopez Terminal
PARIS, FRANCE: After receiving the approval of Gabonese authorities, TotalEnergies (NYSE:TTE) announced the closing of its agreement to divest to Perenco Oil and Gas Gabon...
Handelsbanken exiting from Denmark and Finland
OSLO, NORWAY: Handelsbanken has initiated the process to divest its operations in Denmark and Finland, markets that account for 10% of the income, 13% of...
Ava Risk Group closes divestment of Ava Global to TTG Bidco
SYDNEY, AUSTRALIA: Ava Risk Group Limited has completed the sale of its non-core Services Division, Ava Global DMCC-LLC to TTG Bidco Limited, an entity backed...
LSEG completes €4.443 divestment of Borsa Italiana Group to Euronext
LONDON: London Stock Exchange Group (LSEG) notes the announcement from Euronext and confirms that it expects to close the divestment of London Stock Exchange Group...
SEK 3.9bn divestment of Grand Group and the Grand Hôtel property
STOCKHOLM: Investor AB’s Patricia Industries and its subsidiary Vectura, have agreed to divest Grand Group and the Grand Hôtel property, respectively, to FAM AB. The...
Parkmead announces divestment of non-core acreage and acceleration of renewable energy project
LONDON: Parkmead, the independent energy group, has completed two successful sales of two separate areas of non-core land from its UK renewable energy portfolio for...
Moa Group announces divestment of Moa Brewing Company
AUCKLAND: Moa Group Limited has announced the divestment of Moa Brewing Company, continuing the development and expansion of its successful hospitality group, Savor Group, one...
AstraZeneca completes Atacand divestment to Cheplapharm in more than 70 countries
LONDON, UK: AstraZeneca has completed the divestment of commercial rights to Atacand (candesartan cilexetil) and Atacand Plus (a fixed-dose combination of candesartan cilexetil and hydrochlorothiazide)...
Spectris Plc announces divestment of Brüel & Kjær Vibro and Millbrook
LONDON: Spectris plc announced the divestment of its Brüel & Kjær Vibro (‘B&K Vibro’) and Millbrook businesses. Subject to the completion of these disposals, the...