[ad_1] The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion…
Tag: Divestments
Shell to Sell Nigeria Onshore Oil Business for Up to $2.4 Billion
[ad_1] Updated Jan. 16, 2024 5:42 am ET Shell has agreed to sell its Nigerian onshore oil subsidiary for up to $2.4 billion, making good on a promise to exit…
Luxury Hand-Me-Downs Are Now Worth Billions of Dollars
[ad_1] As much as luxury companies would love to stamp out the secondhand trade in their products, it’s an impossible task. All the better for fashionistas and investors, who can…
Frasers Property Owners Could Sell Company as Part of Strategic Review
[ad_1] Updated Jan. 10, 2024 1:29 am ET Frasers Property’s majority owners could sell the company or some of its assets as part of a strategic review, people familiar with…
ByteDance in Talks With Potential Buyers to Sell Game Titles
[ad_1] TikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers. Chinese media LatePost…
WSJ News Exclusive | Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships
[ad_1] The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after it found the approach too expensive and struggled in…
UnitedHealth Group to Sell Operations in Brazil
[ad_1] UnitedHealth Group has agreed to sell its operations in Brazil to a private investor. The healthcare and insurance company disclosed Friday that it expects to close the sale in…
WSJ News Exclusive | Cigna Nears Deal to Offload Medicare Business
[ad_1] Cigna is in advanced talks to sell its Medicare business in an about-face for the health-insurance giant, which had been expanding its footprint in the fast-growing sector. Cigna, which…
Welcome to the Neighborhood! Wall Street Designed It
[ad_1] Your new suburban rental has granite kitchen countertops, built to withstand even the most hard-wearing tenant. The neighbors next door have the exact same laundry machine. Welcome to the…
Walmart Goes All In on Africa
[ad_1] Sept. 11, 2023 7:00 am ET JOHANNESBURG—Walmart’s investment in Africa tanked. It is responding by doubling down. More than a decade ago, Walmart spent $2.4 billion to buy a…