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

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% ...

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 ...

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 ...

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 ...

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

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

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

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 ...

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