Divestiture News

ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global, Inc. Announces Record Date for Cash Dividend...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of common stock to be paid on July 17, 2025, to stockholders of record on June 18, 2025. About Medical Properties Trust, Inc. Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its incepti...

PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) signed an agreement with Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for the sale of its non-operated 12.5% interest in the OML118 Production Sharing Contract (PSC) for an amount of $ 510 million. OML118 PSC is operated by SNEPCo (55%), in partnership with Esso Exploration and Production Nigeria (20%), TotalEnergies EP Nigeria (12.5%), and Niger...

CHICAGO--(BUSINESS WIRE)--Sheridan Capital Partners (“Sheridan”) today announced the majority sale of DAS Health Ventures, LLC (“DAS Health” or “the Company”), a provider of healthcare IT and business solutions, to Coalesce Capital. Sheridan initially partnered with DAS Health in 2021 and will retain a minority ownership position following the transaction. Founded in 2003 by David Schlaifer and headquartered in Tampa, FL, DAS Health provides managed IT services, cybersecurity, cloud hosting, re...

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Broadband Corporation Announces GCI Liberty Investor Conference Call...

NEW YORK--(BUSINESS WIRE)--ATL Partners (“ATL”), a sector-focused private equity firm, today announced the sale of Geost, LLC (“Geost”), a subsidiary of its portfolio company LightRidge Solutions, to Rocket Lab USA, Inc. (Nasdaq: RKLB), a leading space systems and launch services provider. This transaction represents a successful exit for ATL, which acquired Geost in 2021 and, in partnership with management, scaled the business into a market leader in electro-optical and infrared (EO/IR) sensin...

NEW YORK--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced that it has signed a definitive agreement to sell the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial Corporation (TSX: DFY) for approximately US$2.4 billion. The purchase price represents a multiple of 1.8 times book value, adjusting for approximately US$0.8 billion of excess local capital which is being repatriated as part of this tra...

BOSTON--(BUSINESS WIRE)--D.A. Davidson announced today that it served as the exclusive financial advisor to Cha Technologies Group — a global conglomerate with diversified businesses in property, technology, textiles, financial services, and healthcare — in its sale of Fiber Innovation Technology (“FIT” or “the company”) to Universal Fiber Systems, a global leader with a family of brands specializing in the production of high-quality synthetic fibers. Paul Colone, Managing Director, commented,...

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Commerce, CA for $97.0 Million...

TORONTO--(BUSINESS WIRE)--Hudson’s Bay Company ULC (“Hudson’s Bay” or the “Company”), as part of its ongoing restructuring under the Companies' Creditors Arrangement Act (“CCAA”), today announced that it has entered into a definitive agreement to pursue the assignment of up to 28 lease locations in Ontario, Alberta and British Columbia (the “Assigned Leases”) to Ruby Liu Commercial Investment Corp (the “Purchaser”), a corporation indirectly controlled by Ms. Ruby Liu, for the purposes of launch...