Lubo Ivanko/iStock Editorial via Getty Images The chief executive of British health and beauty retailer, Boots is set to leave the company after its U.S. owner, Walgreens Boots Alliance (NASDAQ:WBA), wavered on a potential sale or a stock market listing of the unit, according to sources. Sebastian James, who hasContinue Reading
Maksim Labkouski/iStock via Getty Images Everbridge (NASDAQ:EVBG) edged higher by 0.8% after a Nasdaq delisting notice for its planned sale to Thomas Bravo. The deal is tentatively scheduled to close prior to the market open on Tuesday, according to the Nasdaq notice on Friday. In anticipation of the closing, theContinue Reading
jroballo Li-Metal (OTCQB:LIMFF) has entered into a non-binding letter of intent with an arm’s length purchaser, for the sale of its lithium metal business for an indicative purchase price of $11M. The LOI grants the potential purchaser an exclusivity period of no less than 30 days for the parties toContinue Reading
Manuel Milan/iStock Editorial via Getty Images Repsol (OTCQX:REPYY) (OTCQX:REPYF) plans to sell a minority interest in its Eagle Ford shale assets in Texas in a deal that could value the assets at as much as $2B, Reuters reported Friday. The Spanish company reportedly is open to selling as much asContinue Reading
SeventyFour/iStock via Getty Images Labrador Gold (TSXV:LAB:CA) shareholders have approved the sale of the Kingsway Project to New Found Gold (NYSE:NFGC) by a majority of 87.8%, it said Thursday. Shareholders also overwhelmingly approved the re-election of the Board of Directors, the re-appointment of the Labrador Gold’s (LAB:CA) auditors and theContinue Reading
RiverRockPhotos/E+ via Getty Images Lundin Mining (OTCPK:LUNMF) is considering a potential sale of two European zinc mines, as the company seeks to focus on copper in Latin America, Bloomberg reported Thursday. Lundin (OTCPK:LUNMF) reportedly is gauging interest in its Zinkgruvan mine in Sweden and Neves-Corvo mine in Portugal, the company’sContinue Reading
Rmcarvalho/iStock via Getty Images Canadian diversified REIT Pro Real Estate Investment Trust (TSX:PRV.UN:CA) said on Thursday that it has closed the sale of three properties for $13.5M. The sale includes $7.0M worth of two non-core retail properties and a $6.5M flex industrial property. The properties total about 57,500 sq. ft.Continue Reading
Advertising giant Interpublic Group (NYSE:IPG) is in discussion with India’s Tata Consultancy Services for the sale of its digital marketing agency R/GA to push growth, The Wall Street Journal reported. The negotiations are ongoing, and R/GA could fetch ~$300M; however, the deal may still not follow through as both partiesContinue Reading
Maksim Labkouski/iStock via Getty Images Everbridge (NASDAQ:EVBG) expects its planned sale to private equity firm will be completed in Q3 after earlier forecasting a Q2 close. The parties continue to pursue the one remaining outstanding regulatory approval in Sweden required to satisfy the closing conditions set forth in the mergerContinue Reading
Vista Outdoor (NYSE:VSTO) and Czechoslovak Group on Tuesday announced that the Committee on Foreign Investment in the United States (CFIUS) has cleared CSG’s planned acquisition of The Kinetic Group business. Vista Outdoor and CSG received written notice from CFIUS that it has concluded its review and investigation of the transactionContinue Reading
