Divestiture News

TOKYO--(BUSINESS WIRE)--PAG and KKR to Acquire Sapporo Real Estate from Sapporo Holdings...

NAPERVILLE, Ill.--(BUSINESS WIRE)--The Partners of ShoreView are pleased to announce the sale of Cornerstone Foodservice Group (“CFG”). ShoreView partnered with CFG in September 2016. At that time, the company, formerly known as Spring (U.S.A.) Corporation, was a designer and provider of small foodservice equipment for the hospitality sector. The company was owned by a consumer-focused conglomerate that was carving out the business segment due to a lack of fit with its home, garden, and outdoor...

ST. GEORGE, Utah--(BUSINESS WIRE)--Pica Rica BBQ, #7 Best Texas-Style BBQ Outside of Texas located in Utah, sells majority ownership paving new chapter for this Americana Barbecue Brand...

PARIS--(BUSINESS WIRE)--Regulatory News: Arkema (Paris:AKE) announces the proposed divestment to the Indian group Praana of some of its businesses in impact modifiers and processing aids, additives used in the manufacture of PVC profiles, pipes and packaging as well as engineering plastics. With this project, the Group continues to refocus its portfolio on its strategic activities. This proposed divestment concerns Arkema's impact modifiers and processing aids businesses, and covers the global...

SAN DIEGO--(BUSINESS WIRE)--Jack in the Box Inc. (NASDAQ: JACK) (the “Company”) today announced that it has completed the sale of Del Taco Holdings Inc. (“Del Taco”), to Yadav Enterprises Inc. (“Yadav”). The closing of this transaction is an important step in the Company’s “Jack on Track” plan to strengthen the Company’s balance sheet and accelerate its shift toward a simpler, asset-light business model. The Company completed the sale to Yadav for approximately $119 million in consideration, su...

TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust (“Primaris” or the “REIT”) (TSX: PMZ.UN) announced today progress on its disposition program that supports its capital recycling objectives. Northland Disposition On December 19, 2025, Primaris completed the sale of Northland Village and Northland Professional Centre (“Northland”) in Calgary, Alberta, for $154.0 million, to a Canadian institutional investor. Northland Village, a recently redeveloped, high quality, open air centre,...

IRVING, Texas--(BUSINESS WIRE)--Fluor to Divest its Zhuhai Fabrication Yard in China...

NEW YORK--(BUSINESS WIRE)--Regulatory News: Coty Inc. (NYSE: COTY) (Paris: COTY) (“Coty” or “the Company”) today announced that it has sold its remaining 25.8% stake in Wella to KKR managed capital accounts and investment affiliates. Under the terms of the transaction, Coty will receive upfront cash consideration of $750 million and 45% of any proceeds from a further sale or an initial public offering of the business, after KKR’s preferred return has been met. Based on Wella’s strong recent and...

LONDON--(BUSINESS WIRE)--Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (“PSH”) today announces that it has entered into an equity commitment letter to subscribe for up to $1 billion of non-voting exchangeable perpetual preferred stock to be issued by Howard Hughes Holdings Inc. (NYSE: HHH) (“HHH”) (the “PSH Preferred”) (the “PSH Investment”) in connection with HHH's agreement to indirectly acquire Vantage Group Holdings, Ltd. (“Vantage”), a privately held specialty insurance and reinsurance...

LONDON--(BUSINESS WIRE)--InfraBridge today announces that it has entered into a binding agreement to sell a 51% shareholding in a newly formed holding company owning 100% of Leeds Bradford Airport (“LBA”) and 49% of Newcastle International Airport (“NIAL”) to Aena S.M.E., S.A. (“Aena”). InfraBridge will continue to manage a 49% shareholding in the holding company following completion. The transaction values the stake at approximately GBP 270 million1. The transaction is subject to customary con...