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

According to third quarter results released by Russian bank VTB Group, the bank already sold a 50% stake in Tele2 that it acquired earlier in April this year for RUB40.4 billion or USD1.2 billion.

Moorfields Corporate Recovery, the administrator for Blockbuster UK, said the video rental company is doomed to close after efforts to find a buyer had failed, a Bloomberg report said.

LeapFrog Investments exited from Express Life, a Ghanaian insurer, by selling a majority stake it held in the firm to Prudential Plc for an undisclosed amount.

French building materials business Materis is reportedly in an advanced stage of negotiations to sell its business unit Kerneos. Investment firm Astorg Partners will acquire Kerneos for EUR610 million

A source told Bloomberg that property investment and development company Heron International Ltd will be selling a penthouse in its residential tower in London for GBP 18 million.

Australia-based news firm APN News & Media has agreed to exit from its remaining stake in outdoor advertising company APN outdoor for USD69 million, prompting a 5% increase in its shares.

Private equity firm TDR Capital will sell half of its entire stake in insurance company Phoenix Group for about GBP127 million. TDR will sell 18 million shares out of its total 35.9 million shares in

General Motors Corporation LLC is looking to put up for sale the last of its holdings in Ally Financial Inc. via a private placement. Ally, GM's financing arm, is reportedly eyeing an initial public o

Switzerland's Credit Suisse is selling its private customers business to German Bethmann Bank. Under the deal, Bethmann will take over Credit Suisse's 9,000 clients with EUR10 billion assets in German