Divestiture News

TYSONS, Va.--(BUSINESS WIRE)--Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full-year ended December 31, 2025 and provided an operational update and an update on its Non-Core hotel disposition initiative. Fourth Quarter Highlights Include: Comparable RevPAR was $182.49, an increase of 0.8% compared to the same period in 2024, or a 2.8% increase when excluding the Royal Palm South Beach Miami, a Tribute Portfolio Resort (“R...

BOCA RATON, Fla,--(BUSINESS WIRE)--DigitalBridge (NYSE: DBRG), a leading global alternative asset manager focused on digital infrastructure, today announced that a DigitalBridge investment fund, together with fellow shareholders Advencap and Soho Square Capital, has entered into a definitive agreement to sell Substantial Group, the parent company of UK-based wholesale full fibre operator Netomnia. Founded in 2019, Netomnia has grown to serve more than 3 million premises across the UK and approx...

LONDON--(BUSINESS WIRE)--Soho Square Capital confirms its portfolio company Netomnia has announced an agreement to be acquired by InfraVia, Liberty Global & Telefónica....

TORONTO--(BUSINESS WIRE)--Silver Storm Mining Ltd. (“Silver Storm” or the "Company") (TSX.V: SVRS | OTCQX: SVRSF | FSE: SVR) is pleased to announce the sale of the non-core capped production gross royalty on the Springer Mine & Mill property (the “Springer Royalty”) in the state of Nevada, USA for gross proceeds of C$2,183,000 in cash. The Company acquired the Springer Royalty as part of the acquisition of 100% of the issued and outstanding common shares of Till Capital Corp. (“Till”) in 20...

NEW YORK--(BUSINESS WIRE)--Tailwind Capital (“Tailwind”), a growth-oriented private equity firm investing in Industrial Solutions and Technical Services, today announced its exit from Colony Hardware (“Colony” or the “Company”), a direct-to-jobsite distributor of construction materials and jobsite supplies servicing specialty and general contractors. Tailwind initially invested in Colony in 2015 and following a majority recapitalization to Audax Private Equity (“Audax”) in 2018, remained a mino...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Haig Partners LLC, a leading buy-sell advisory firm to auto retailers, served as the exclusive advisor to New Country Motor Car Group (“New Country”) on the sale of its Lexus of Westport, Toyota of Westport and Audi Hawthorne dealerships to Jesse Hord of Keeler Motor Car Company and his capital partner, Open Road Capital. The Lexus and Toyota dealerships are located on the “Gold Coast” in CT, and the Audi dealership is located in Westchester County, NY, b...

TORONTO--(BUSINESS WIRE)--Accord Financial Closes Sale of BondIt Media Capital...

BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--Audax Private Equity (“Audax”), a capital partner for middle and lower middle market companies, announced today it has completed the sale of Colony Hardware (“Colony” or “the company”), a direct-to-jobsite distributor of construction materials and jobsite supplies servicing specialty and general contractors. Audax sold Colony to White Cap, a leading distributor of specialty construction supplies and safety products for professional contractors. The terms...

NEW YORK--(BUSINESS WIRE)--Seaport Entertainment Group Inc. (NYSE: SEG) announced today it has successfully completed the sale of the mixed-use development project located at 250 Water Street for a sale price of $143.0 million to Tavros, a privately owned real estate investment management and development firm based in New York City. 250 Water Street was originally acquired by Howard Hughes Holdings, the Company’s former parent, in June 2018. The one-acre site spans a full city block, bordered b...

CHELMSFORD, Mass.--(BUSINESS WIRE)--The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQB: CBSTF) (“The Cannabist Company” or the “Company”), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced the closing of the transaction, previously announced on December 18, 2025, to sell all of the ownership interests of its subsidiary engaged in the business of cultivating, producing, manufacturing, distributing and selling cannabis i...