wind down

Wire

Sainsbury’s to wind down banking services business
ByNNR January 18, 2024January 18, 2024

Sainsbury’s has announced that it will be winding down its banking division as part of its “food first” strategy and will be focusing on its core retail businesses. The company is exploring several options as part of a “phased withdrawal”…

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London Exchange

abrdn Diversified Income and Growth plc to wind down and return cash to shareholders
ByNNR December 14, 2023December 14, 2023

LONDON, UK: abrdn Diversified Income and Growth plc (the “Company”) has announced that it will wind down its operations and return cash to shareholders following feedback from its shareholders and the persistent discount to its net asset value (“NAV”). The…

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