Divestiture News

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...

LANSING, Mich.--(BUSINESS WIRE)--Neogen Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today it has entered into a definitive agreement to sell its global genomics business to Zoetis Inc. (“Zoetis”), the world’s leading animal health company, for $160 million, subject to customary closing adjustments. The planned divestiture, which had been previously announced, was part of the company’s portfolio review strategy to simplify the business and focus on core s...

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) announced today that Benjamin W. Schall, the Company’s CEO and President, and select members of the Company’s management team will be participating in a roundtable discussion at the 2026 Citi Global Property CEO Conference on Monday, March 2, 2026, at 11:40 A.M. Eastern Time. During this event, management may discuss the Company's current operating environment and trends; development, redevelopment, disposition and acquisi...

LOS ANGELES--(BUSINESS WIRE)--Niagen Bioscience, Inc. (NASDAQ: NAGE), the global authority on NAD+ (nicotinamide adenine dinucleotide) with a focus on the science of healthy aging, today announces the sale of its ChromaDex Reference Standards business to LGC, as of February 24, 2026, in an all-cash transaction. The divestiture further streamlines Niagen Bioscience’s operations, advances the Company's strategy to exit non-core activities, and focuses resources on NAD+ science, intellectual prope...

ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group Portfolio Optimization; Increase in Share Repurchase Authorization to Replenish Such Authorization to $500M of Availability...

WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories Provides Update on Planned Divestitures...