BP has agreed to sell a 65% stake in its Castrol lubricants business to Stonepeak for $6 billion, advancing its $20 billion ...

BP is close to selling a majority stake in its Castrol lubricants unit to investment firm Stonepeak for $10 billion. BP will retain a 35% stake after the sale, and is set to receive $6 billion. The ...

The divestment of nearly 376,000 sq ft at Embassy Manyata is expected to boost distribution per unit and support Embassy REIT ...

Scatec’s divestment strategy helped drive revenues of around US$270 million in the third quarter of 2024. Image: Scatec. Norwegian renewable power developer Scatec has published its latest financial ...

PricewaterhouseCoopers (PwC) Optimised Exit Services' survey of senior management worldwide reveals that an overwhelming majority of companies fail to make the most of divestments. While more than 80% ...

As per a Reuters report published on January 27, 2025, the Indian government has recalibrated its approach to state-run ...

Furthermore, Nestlé faces a stringent twelve-month deadline to provide scientific proof that its filtration methods do not adversely affect the water's microbiological profile. This requirement stems ...

Finnish engineering group Wärtsilä has agreed to divest its Gas Solutions business to German private equity investor Mutares ...

Copel has been privatized and is focusing on divesting small businesses to improve efficiency and capital structure. The company's financial indicators are strong, with potential for repricing and ...

Newmont is selling its Porcupine operation to Discovery Silver for up to $425 million, including cash, equity, and deferred payments. Total proceeds from Newmont's 2024 divestiture strategy are ...

Renewable energy group Orsted (OTC:DNNGY) disclosed the sale of a 50% equity stake in three U.S. onshore projects to Energy Capital Partners valued at $572 million. The divested assets include ...

After 54 year of support, the Army divested its aerial intelligence, surveillance, and reconnaissance turboprop fleet.