metamorworks/iStock via Getty Images Shares of call center software company Five9 (NASDAQ:FIVN) rose on Thursday after Reuters reported that investment management firm Anson Funds has built up a stake and is pushing the company to sell itself. It’s unclear the size of the stake and if talks will lead toContinue Reading
CUHRIG/E+ via Getty Images South32 (OTCPK:SOUHY) said Monday it secured approval from the Australian Foreign Investment Review Board for the sale of its Illawarra metallurgical coal assets to an entity owned by Golden Energy and Resources and coal trader M Resources. The $1.65B deal announced in February – comprised ofContinue Reading
Maksim Labkouski/iStock via Getty Images NCR Voyix (NYSE:VYX) edged higher by 2% amid a report that it’s evaluating the sale of its digital banking business. NCR Voyix (VYX) is trying to get as much as $3 billion for the unit and has hired Goldman Sachs to solicit interest from possibleContinue Reading
Sean Gallup/Getty Images News Germany’s government said Wednesday it has blocked the planned sale of the gas turbine business of Volkswagen’s (OTCPK:VWAGY) (OTCPK:VLKAF) MAN Energy Solutions unit to a Chinese company, citing security reasons. The sale to Chinese state-owned CSIC Longjiang GH Gas Turbine Co., a subsidiary of China StateContinue Reading
thamerpic/iStock Editorial via Getty Images Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) is scrapping plans to sell its stake in Kazakh mining company Kazzinc after bids from potential buyers failed to match its valuation, Bloomberg reported Wednesday. Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) had been considering exiting the business following interest from Chinese buyers, but it hasContinue Reading
NN, Inc. (NASDAQ:NNBR) on Tuesday said that it has entered a definitive agreement to sell its lone plastics products plant known as Industrial Molding Corporation to Davalor Mold Company. The total proceeds will be about $16M. The company plans to pay down debt with the proceeds from the transaction andContinue Reading
Alexander Farnsworth Walmart (NYSE:WMT) has reportedly held talks with parties such as Humana (HUM) over a possible sale of its financially troubled healthcare centers business. According to Fortune, Walmart has been in discussions with several parties, including health insurance companies. Fortune cited Humana as one of the parties that hasContinue Reading
Renasant Corporation (NYSE:RNST) on Tuesday announced that it sold the assets of Renasant Insurance to Sunstar Insurance Group. Sunstar is a regionally focused insurance broker, risk management consultant, and provider of employee benefits coverage and other human capital solutions based in Memphis, Tennessee. Now a part of Sunstar, Renasant InsuranceContinue Reading
imaginima/iStock via Getty Images Algonquin Power (NYSE:AQN) edges lower in Monday’s trading after giving up early-session gains that followed Wells Fargo’s addition of the stock to its Q3 Tactical Ideas List, reiterating its Overweight rating and $8.50 price target while viewing the likely sale of the company’s renewables platform asContinue Reading
Santa Clara, USA, July 1st, 2024, Chainwire New Initiative to Scale Network and Reward Node Operators with Airdrops and Voting RightsCARV, the largest modular data layer for gaming and AI, today announces the launch of its Alphanet, run by the 38,000 verifier nodes distributed to its community worth $35M. ThisContinue Reading
