asset sale

32 articles
BenzingaBenzinga··Na

ConnectM Divests India Operations to Blue Cloud in $34.2M Share Deal

ConnectM Technology Solutions divests India business and logistics assets to Blue Cloud Softech for 160 million shares valued at $34.2 million, maintaining 17.3% equity stake.
CNTMDAI infrastructuredivestiture
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Pinnacle Bankshares Divests Insurance Unit for $3.8M Gain

Pinnacle Bankshares divests Bearing Insurance Group stake for $3.8M pre-tax gain effective May 2026, recognizing proceeds in Q2 earnings.
PPBNcommunity bankingasset sale
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Worldline Completes Electronic Data Management Sale to SIX, Sharpens European Payment Focus

Worldline completes Electronic Data Management sale to SIX, refocusing on European payments and strengthening financial flexibility under its North Star transformation strategy.
WRDLYasset salestrategic refocusing
BenzingaBenzinga··Na

TowneBank Returns $65M to Shareholders via Special Dividend from Business Sale

TowneBank declares $0.70 special dividend per share ($65M total) from $250M Resort Property Management sale, delivering 32% of transaction gains to shareholders.
TOWNcash dividendshareholder returns
BenzingaBenzinga··Prnewswire

Pardee Resources to Divest California Grape Assets for $6.13M

Pardee Resources agrees to sell California table grape assets to Joseph Vineyard Estates for $6.13M, with closing expected Q2 2026.
PDERQ2 2026 closingjoint venture
BenzingaBenzinga··Lekha Gupta

Honeywell Sells $1.4B Productivity Unit to Brady, Reshaping Pre-Spinoff Portfolio

Honeywell sells $1.4B Productivity unit to Brady Corporation, advancing portfolio simplification ahead of Q3 2026 Aerospace spin-off.
BRCHONspin-offdivestiture
BenzingaBenzinga··B2Gold Corp.

B2Gold Sells Fingold Stake to Agnico Eagle for $325M, Eyes Nunavut Partnership

B2Gold divests 70% Fingold interest to Agnico Eagle for $325M, closing April 2026. Companies plan Nunavut collaboration on knowledge sharing and operations.
AEMBTGgold miningshare buyback
BenzingaBenzinga··Akanksha Bakshi

Spire Divests $650M Gas Storage Assets to Reshape Portfolio Focus

Spire Inc. sells natural gas storage assets to I Squared Capital for $650M, pivoting toward regulated utilities and funding Piedmont acquisition.
SRSRJNM&Astrategic shift
GlobeNewswire Inc.GlobeNewswire Inc.··Na

MRCC to Distribute $0.60/Share After Merger, Asset Sale Close in April 2026

Monroe Capital Corporation declares final $13M distribution contingent on completing asset sale and merger with Horizon Technology Finance, payable April 17, 2026.
HRZNHTFCMRCCmergerdividend reinvestment plan
BenzingaBenzinga··Na

TowneBank Divests Resort Property Unit in $250M Strategic Sale

TowneBank sells Resort Property Management segment to Belcrest Vacations for $250 million, exiting non-core business to strengthen core banking operations.
TOWNshareholder valueM&A
BenzingaBenzinga··Na

Nano Dimension Divests AME, Fabrica Lines for $12.5M to Cut Cash Burn

Nano Dimension sells AME and Fabrica product lines to Inspira Technologies for $12.5M, reducing annual cash burn by ~$10M as part of strategic restructuring to preserve capital.
NNDMIINNIINNWstrategic alternativesasset sale
The Motley FoolThe Motley Fool··Lee Samaha

SSR Mining Surges 19.9% on Turkish Asset Sale and Share Buyback Approval

SSR Mining surges 19.9% on $1.5B Turkish asset sale, 10% share buyback approval, and UBS price target raise maintaining buy rating.
SSRMUBSanalyst upgradegold mining
BenzingaBenzinga··Monroe Capital Corporation

MRCC to Distribute Final Cash Ahead of Horizon Tech Finance Merger

Monroe Capital declares final distribution including $13M in asset proceeds ahead of April 2026 merger with Horizon Technology Finance, providing shareholders comprehensive capital return.
HRZNHTFCMRCCmergercash distribution
The Motley FoolThe Motley Fool··Lee Samaha

SSR Mining Surges 8% on $1.5B Turkish Asset Sale and Gold Price Rally

SSR Mining shares jumped 8% following a $1.5 billion deal to sell an 80% stake in its Turkish mine and announcement of a share buyback program amid rising gold prices.
SSRMgold miningshare buyback
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Allbirds to Sell Assets to American Exchange Group for $39M

Allbirds ($BIRD) to sell assets to American Exchange Group for $39M, with shareholder liquidation and capital return planned for Q3 2026.
BIRDacquisitionintellectual property
Investing.comInvesting.com··Jeffrey Neal Johnson

Mastercard's Strategic Pivot to AI and Data Services Signals Tech-Driven Future

Mastercard pivots toward AI and data services, exploring Nets sale as 25 of 27 analysts see 35% upside potential despite 15% YTD decline.
MAshare buybacktokenization
BenzingaBenzinga··Lekha Gupta

Compass Diversified Sells Sterno Unit for $292.5M to Aggressively Reduce Debt

$CODI sells Sterno food service business for $292.5M, targeting sub-1.0x leverage by May 2026 amid significant debt reduction efforts.
CODICODIpACODIpBCODIpCleverage ratiodebt reduction
The Motley FoolThe Motley Fool··Neha Chamaria

SSR Mining Surges on $1.5B Asset Sale and Buyback Program

SSR Mining jumps 17.5% on $1.5 billion Copler mine sale and 10% buyback program, signaling management confidence in undervalued shares.
SSRMstock valuationbalance sheet
The Motley FoolThe Motley Fool··Eric Volkman

SSR Mining Strikes $1.5B Deal to Exit Turkey, Refocus on Americas Growth

SSR Mining sells 80% stake in Turkish Çöpler mine to Cengiz Holding for $1.5B, shifting focus to Americas operations. Stock surges 7%.
SSRMcapital allocationmining
BenzingaBenzinga··Akanksha Bakshi

CVD Equipment Surges 26% on $16.9M Asset Sale to Atlas Copco

CVD Equipment ($CVV) surges 26% after agreeing to sell Stainless Design Concepts to Atlas Copco for $16.9M, netting $15M while focusing on core CVD operations.
ATLCYCVVM&Astrategic alternatives