Divestiture News

Discover the latest divestiture news. Stay informed about company divestitures, strategic decisions, and their impacts on business operations and market positions. Get insights into the reasons behind divestitures and their financial implications.

Sep 1, 2026 at 8:51 AM

Yum! Brands Completes Sale of Pizza Hut to LongRange Capital

LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) (“Yum!” or the “Company”) today announced the completion of the sale of Pizza Hut, excluding Mainland China (“Pizza Hut Ex-China”), to LongRange Capital (“LongRange”) for approximately $1.5 billion, subject to certain adjustments, with the opportunity for Yum! to receive an additional earn-out of $75 million by 2030 based on future performance. Together with the previously announced sale of Pizza Hut in Mainland China (“Pizza Hut C...
Sep 1, 2026 at 7:00 AM

Bunge Announces the Sale of its Two Sugarcane Mills in Brazil

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA announced an agreement to sell its two sugarcane mills in Brazil to COFCO International....
Aug 31, 2026 at 4:30 PM

Celanese to Sell Additional Shares of Nutrinova Joint Venture to Mitsui & Co., Ltd.

DALLAS & FRANKFURT--(BUSINESS WIRE)--Celanese to Sell Additional Shares of Nutrinova Joint Venture to Mitsui & Co., Ltd....
Aug 31, 2026 at 4:05 PM

Myers Industries Completes Sale of Myers Tire Supply

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries (NYSE: MYE) announces it has completed an agreement to sell its Myers Tire Supply North America business to Lion Equity Partners....
Aug 31, 2026 at 6:30 AM

KKR To Sell USI to Aon plc in $17 Billion Transaction

NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) today announced the signing of a definitive agreement with Aon plc under which Aon will acquire USI Insurance Services (“USI” or the “Company”), a leader in risk management, employee benefits and retirement consulting, for a total consideration of $17 billion from KKR and its co-investors. USI, KKR’s first core private equity investment, is part of KKR’s Strategic Holdings portfolio. As a premier insurance brokerage and consulting firm w...
Aug 28, 2026 at 4:30 PM

Algonquin Announces Agreement to Sell Ownership Stake in Chilean Utility

OAKVILLE, Ontario--(BUSINESS WIRE)--Algonquin Announces Agreement to Sell Ownership Stake in Chilean Utility...
Aug 28, 2026 at 7:01 AM

FiscalNote Announces and Completes the Sale of FrontierView to Oxford Economics, Sharpening Focus on Core Policy Business

WASHINGTON--(BUSINESS WIRE)--FiscalNote Announces and Completes the Sale of FrontierView to Oxford Economics, Sharpening Focus on Core Policy Business...
Aug 25, 2026 at 6:30 AM

Windjammer Capital Announces Sale of IPS Group

NEWPORT BEACH, Calif. & WALTHAM, Mass.--(BUSINESS WIRE)--Windjammer Capital (“Windjammer”) today announced it has signed a definitive agreement to sell its portfolio company, IPS Group, Inc. (“IPS” or the “Company”), to Nayax Ltd. (NASDAQ; TASE: NYAX, “Nayax”) for $350 million cash-free and debt-free. Headquartered in San Diego, California, IPS is a leading provider of mission critical smart parking infrastructure, offering a fully integrated ecosystem spanning smart single- and multi-space met...
Aug 24, 2026 at 7:37 AM

Visible Gold Announces the Sale of Its Non-Core MegaLi Lithium Property to PMET Resources

ROUYN-NORANDA, Québec--(BUSINESS WIRE)--Visible Gold Mines Inc. ("Visible Gold" or the "Company") (TSXV: VGD) (FRANKFURT: 3V41) is pleased to announce that it has entered into a purchase and sale agreement dated August 24, 2026 (the "Agreement") with PMET Resources Inc. ("PMET") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) and Noranda Royalties Inc. (“Noranda Royalties”), pursuant to which PMET will acquire a 100% interest in the Company's wholly owned 78 exclusive exploration rights compr...
Aug 20, 2026 at 4:33 PM

James Hardie Announces Strategic Divestiture of European Operations, Including Sale of Fermacell to Holcim for €840 Million

CHICAGO--(BUSINESS WIRE)--James Hardie Industries plc (NYSE / ASX: JHX) (“James Hardie” or the “Company”), a leading provider of exterior home and outdoor living solutions, today announced a strategic divestiture of its European operations to further align the Company’s portfolio with its long-term growth strategy. The Company has entered into an agreement to sell its sustainable walling and flooring solutions business Fermacell in Europe, including the fermacell® and Aestuver® brands, to Holci...
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