Asset Sales

Sears Holdings Corp (NASDAQ: SHLD) announced Monday it was exploring a sale of its Kenmore brand and related assets, its Sears Home Improvement business and its Parts Direct business. Why It’s Important The company’s stock has fallen 59 percent year-over-year as management has...

Over the last five trading days, telecom stocks flattered to deceive as the initial upturn was replaced by a sustained downturn on concerns over the implications of the fresh restrictions issued by the U.S. government against Chinese telecom companies. Last week, Treasury Secretary Steven Mnuchin...

ArcelorMittal (NYSE: MT) has submitted a proposed divestment package to the European Commission (EC). The move is aimed at addressing the concerns raised by the EC during its review into the planned acquisition of Ilva S.p.A by the company. The divestment package includes assets in Belgium,...

Shares of Leucadia National Corporation (NYSE: LUK) rose 11.6% on Apr 9, (its biggest jump since 2009) after the diversified conglomerate disclosed the divesture of its auto dealer group and a portion of its stake in its beef cattle business for roughly $1.33 billion. The company is...

Royal Dutch Shell plc (NYSE: RDS-A) recently divested its entire stake in Oman's Mukhaizna oilfield to India's largest oil company, Indian Oil Corporation. The European oil giant sold its entire 17% interest in the oil field to IOCL Singapore PTE Ltd — a wholly-owned subsidiary...

In keepingwith its strategy to focus on core operations, Meredith Corporation (NYSE: MDP) has decided to offload Meredith Xcelerated Marketing ("MXM") to Accenture. Management believes that this digital and customer relationship marketing agency will better integrate with Accenture...