Divestiture News

DEERFIELD, Ill. & BARCELONA, Spain--(BUSINESS WIRE)--TerSera Therapeutics LLC today announced that it has completed the previously announced sale of its Infusion Specialty Therapies Business Unit (IST), including two specialty medications, Prialt® (ziconotide intrathecal infusion) and Quzyttir® (cetirizine hydrochloride injection) to ESTEVE. Effective today, under the terms of the transaction, ESTEVE fully owns Prialt® and Quzyttir®. Perella Weinberg Partners acted as the financial advisor to E...

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three months and year ended December 31, 2025. The Company commented, "In late 2025, we agreed to sell Fortegra and Reliance First Capital, transactions expected to result in pro-forma book value of approximately $923 million, or $24.40 per share. Since our $139 million initial capital raise in 2007, we have completed more than 21 acquisitions and divestiture...

CALGARY, Alberta--(BUSINESS WIRE)--Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships, including but not limited to, WEF Osum Co-Invest III LP ("Osum III"), Waterous Energy Fund (Canadian) LP, Waterous Energy Fund (US) LP, Waterous Energy Fund (International) LP and Waterous Energy Fund II Aggregator LP (together with certain other entities managed by the WEF Manager, the "WEF Funds"), today announced that Osum III has completed...

CHARLOTTE, N.C.--(BUSINESS WIRE)--SIX FLAGS FURTHER STREAMLINES ITS PORTFOLIO WITH AGREEMENTS TO DIVEST SEVEN PARKS...

DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the “Company") announces that it has entered into a binding memorandum of understanding to sell its 80% ownership stake in the Çöpler mine and related properties in Türkiye (collectively, “Çöpler”) for $1.5 billion (the “Purchase Price”) in cash (the “Transaction”). The entire $1.5 billion cash consideration is payable on the Transaction’s closing. Çöpler is being acquired by Cengiz Holding A.S. (“Cengiz Holding”), one...

SAN FRANCISCO--(BUSINESS WIRE)--Levi Strauss & Co. (LS&Co.) (NYSE: LEVI), today announced the successful final closing, on February 27, 2026, of its previously disclosed sale of the Dockers® brand to Authentic Brands Group. The completion of this transaction sharpens LS&Co.’s focus on the Levi’s® brand and Beyond Yoga®, simplifying the portfolio and strengthening the company’s structural profitability. The divestiture aligns the company’s assets with its highest-return growth opport...

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) today announced that it has successfully completed the previously announced divestiture of its soy crush, concentrates and lecithin businesses to Bunge. This transaction does not include IFF’s soy isolates business. Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in taste, scent, food ingredients, health and biosciences, we’re innovating for the future. Every day, we deliver groundbreaking, sus...

WASHINGTON--(BUSINESS WIRE)--Anthology (the “Company”), a leading software as a service (“SaaS”) educational technology provider, announced that it has successfully emerged from Chapter 11 to finalize its financial restructuring process, completing a comprehensive recapitalization. Rebranded as Blackboard, the Company’s core Teaching & Learning business (comprised of Blackboard LMS, Ally, Illuminate, Evaluate, and Institutional Effectiveness solutions) will operate on a stand-alone, debt-fr...

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it has sold its Green Giant U.S. frozen vegetable product line to Seneca Foods Corporation. B&G Foods previously sold the Green Giant U.S. shelf-stable vegetable product line to Seneca Foods in November 2023 and the Le Sueur U.S. shelf-stable vegetable product line to McCall Farms in August 2025. In addition, in October 2025, B&G Foods entered into an agreement to sell the Green Giant and Le Sieur fr...

WASHINGTON--(BUSINESS WIRE)--Arlington Capital Partners (“Arlington”), a Washington, D.C.-area private investment firm specializing in government regulated industries, today announced the sale of Forged Solutions Group, Inc. (“FSG” or “the Company”), a leading global provider of complex, precision forgings to aerospace, defense and space customers, to J.F. Lehman & Company (“JFLCO”). FSG produces mission-critical components for complex and demanding applications ranging from commercial and...