divestiture

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.

Lightspeed Commerce sells Upserve to Skyview Equity for $81M, refocusing on core retail and hospitality. Stock rises 1.38% despite technical weakness.

Sonoco shares fell after Q1 earnings miss on inflation. Flat EPS of $1.20 vs. $1.38 prior year amid energy cost pressures.

Certara sells Regulatory and Medical Writing business to Veristat for $135M, refocusing on core biosimulation platform ahead of Q2 2026 closing.

Honeywell sells $1.4B Productivity unit to Brady Corporation, advancing portfolio simplification ahead of Q3 2026 Aerospace spin-off.

Hyperscale Data declares monthly preferred dividends ($0.27 Series D, $0.21 Series E) as company plans Ault Capital Group divestiture in Q2 2027.

CareDx sells Lab Products unit to EuroBio Scientific for $170M, concentrating on faster-growing Testing Services and Digital Solutions segments amid strong 39% Q1 revenue growth.

Spire Inc. sells natural gas storage assets to I Squared Capital for $650M, pivoting toward regulated utilities and funding Piedmont acquisition.

Magna International sells Lighting and Rooftop Systems businesses generating $1.1B in 2025 sales, with closings expected later in 2026.

Baker Hughes sells Waygate Technologies to Hexagon for $1.45B in cash, aiming to streamline portfolio and strengthen balance sheet. $BKR shares rise 1.61%.

Magna International sells lighting and rooftop systems businesses through multiple transactions. $1.1B in annual sales divested; closings expected H2 2026.

Liberty Gold completes sale of Gage Project to Blue Moon Metals for approximately $2 million, retaining royalty stake while refocusing on Black Pine.

BrightSpring completes ResCare Community Living sale to Sevita, refocusing on core home health and rehabilitation services while Sevita expands disability care footprint.

Hyperscale Data's cash and Bitcoin holdings represent 157% of market cap, positioning the company as a crypto-native enterprise with plans to divest subsidiary ACG.

$CODI sells Sterno food service business for $292.5M, targeting sub-1.0x leverage by May 2026 amid significant debt reduction efforts.

Orange enters exclusive talks to sell Globecast media division to Verdoso, with deal completion targeted for end of 2026, pending employee consultation.

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.

Hyperscale Data ($GPUS) holds 627.9 Bitcoin worth $42.6M, with combined cash and crypto assets representing 147% of market cap.

Hyperscale Data declared monthly preferred stock dividends of $0.2708333 (Series D) and $0.20833 (Series E) per share, payable April 10, 2026, while planning Ault Capital Group divestiture in Q1 2027.

General Mills sells Brazil operations including Yoki and Kitano brands for $350M annual revenue, seeking margin enhancement and portfolio focus by 2026.