equity stake

London Stock Exchange

Reckitt to divest essential home unit to Advent International for up to $4.8 billion
ByAli Mirza July 18, 2025July 18, 2025

LONDON: Reckitt Benckiser Group plc announced Friday it will divest its Essential Home business to Advent International in a deal valued at up to $4.8 billion, marking a key milestone in Reckitt’s strategic shift toward a leaner, consumer health-focused portfolio. As part of the transaction, Reckitt will retain a 30% equity stake in Essential Home,…

Read More Reckitt to divest essential home unit to Advent International for up to $4.8 billion
More

ArcelorMittal takes over Nippon Steel’s 50% equity stake in Calvert Joint Venture
ByNNR October 11, 2024October 11, 2024

AMSTERDAM: ArcelorMittal has entered into a definitive equity purchase agreement with Nippon Steel Corporation (“NSC”) to purchase NSC’s 50% equity interest in the AM/NS Calvert Joint Venture. The transaction has been entered in to at the request of NSC to address regulatory concerns pursuant to its agreed acquisition of US Steel. The Transaction is subject…

Read More ArcelorMittal takes over Nippon Steel’s 50% equity stake in Calvert Joint Venture