Exits

A lawmaker's proposal would require San Francisco grocery stores to provide six months' notice before closing and to look for a replacement supermarket.

Universal Music Group (UMG) announced Wednesday that it would reduce its workforce and streamline operations to save €250 million ($27 million) by 2026...

Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion...

Italy has officially informed China that it is withdrawing from the Belt and Road Initiative (BRI), marking a significant shift in its international economic alliances...

SoFi Invest is exiting the cryptocurrency world amid increased regulat...

Chritmas is just a few days away and shoppers are still looking out fo...

Latest News

As General Motors Co disposes its 7% shareholder interest in France's PSA Peugeot Citroen, the latter said it is currently in talks with Dongfeng about a potential tie-up.

Data from Thomson Reuters Lipper service showed that investors of US-based stock mutual funds pulled out a total of $6.51 billion in the week ending December 11, Reuters reported.

American International Group is said to be negotiating the sale of International Lease Finance Corp. to Netherlands-based independent aircraft lessor AerCap Holdings NV. In December 2012, AIG agreed t

Private equity firm Round Hill Capital is reportedly nearing a deal to exit fromproperty group Vitus Immobilien to Germany's Deutsche Annington Immobilien. The deal is expected to be worth €1.3 billio

After a disagreement on the valuation of the home retailer they founded, the Klein family was able to find an exit on Via Varejo after its $1.2 billion stock sale, Bloomberg reported.

The government of Ireland has chosen a consortium led by British energy supplier Centrica PLC to acquire the retail unit of its gas utility Bord Gais Energy. Centrica's group will buy the asset for €1

Investors Southeastern Asset Management and NNS Holding have been looking to divest their stakes in Texas Industries Inc. Cement producer Texas Industries is said to be working with Citigroup on a pos

Private equity fund CVC is said to be divesting Sunrise, a mobile operator in Switzerland and has already engaged banks to discuss about their roles for a potential listing or sale.

JC Penney Co Inc CEO Mike Ullman told Reuters exclusively that the company is planning to dispose and trim some of its top name brands like Joe Fresh clothes and its own jcp menswear in order to focus

Mizuho Financial Group Inc were said to be focusing on hedge funds as its potential buyers of corporate bonds at the height of the securities trading at below face values, Bloomberg said in its report