Asset Sales - Spark Newswire

1 minute read

eBay Announced it Completed Transfer of Classifieds Business to Adevinta for $2.5B in Cash and 44% Stake Advenita

Today, 11:58 AM

eBay Inc. (Nasdaq: EBAY) today announced that it has completed the transfer of its Classifieds business to Adevinta in exchange for $2.5 billion in cash and a 44% equity stake in Adevinta, equivalent to approximately 540 million shares.

EBAY

2 minute read

Tesla Battery Supplier Panasonic Cuts Entire Stake In Elon Musk Company

By Rachit Vats

Today, 11:58 AM

Panasonic Corp (OTC: PCRFY), a key battery supplier and an early investor in Tesla Inc (NASDAQ: TSLA), has shed all of its stake — worth about $730 million — in the Palo Alto, California-based electric ve

PCRFY

2 minute read

Vinco Ventures Reports Will Spin Out Its Emmersive Entertainment Unit

By Benzinga Newsdesk

Today, 11:58 AM

Vinco Ventures, Inc. (NASDAQ:BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing the B.I.G. Strategy: Buy. Innovate. Grow., is pleased to announce the planned 'spin out'

BBIG

1 minute read

Great Elm Group Sells Interest In Real Estate Business For $4.6M

By Bill Haddad

Today, 11:58 AM

Great Elm Group, Inc. ("GEG" or "Great Elm") (NASDAQ:GEG), a diversified holding company, today announced that it sold its entire ownership interest in two Class A office buildings located in Fort

GEG

1 minute read

Emart To Acquire Majority Stake eBay’s Korea Businesses For $3B

By Anusuya Lahiri

Today, 11:58 AM

Emart inked an agreement to acquire an 80.01% stake in eBay Inc’s (NASDAQ:EBAY) Korean businesses for $3 billion. Over the next four…

ADEVF

1 minute read

Cannabis Co. Green Organic Dutchman Completes Sale Of Quebec Facility To Cannara Biotech

By Jelena Martinovic

Today, 11:58 AM

Cannabis producer The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has sold its Valleyfield, Quebec-based facility to Cannara Biotech Inc. (TSXV: LOVE) for $32.7 million.

TGODF

2 minute read

CatchMark Announces Agreement To Sell 18,063 Acres Of Prime Oregon Timberlands To Roseburg Resources For $100M In Cash

By Benzinga Newsdesk

Today, 11:58 AM

CatchMark Timber Trust, Inc. (NYSE:CTT) today announced a definitive agreement to sell 18,063 acres of prime Oregon timberlands – known as the Bandon property – for $100

CTT

1 minute read

McKesson Said To Explore Sale Of European, UK Businesses

By Benzinga Newsdesk

Today, 11:58 AM

-Bloomberg

MCK

2 minute read

BrightSphere Investment Group Announces Agreement To Sell Campbell Global; Co Had 75% Stake In Campbell

By Benzinga Newsdesk

Today, 11:58 AM

BrightSphere Investment Group Inc. (NYSE:BSIG) today announced that it has entered into a definitive agreement to sell its 75% ownership interest in Campbell Global, LLC, ("Campbell") to J.P. Morgan

BSIG