Blackstone Sells Ownership of IBS Software to Apax for $450M
Blackstone Inc BX agreed to sell its stake in the SaaS startup IBS software To Apax for $450 million. Post-transaction, Apax will work with IBS Software’s founder and CEO, VK Mathews, who will remain the majority shareholder. Founded in 1997, IBS Software provides next-generation SaaS solutions that power the most mission-critical operations […]
Nikola focuses on its North American operations; Sells JV…
Italian vehicle manufacturer Iveco Group NV. will accept full ownership of the joint venture with Nikola Corp NKLA in Ulm, Germany. In addition, the Iveco Group will receive a license for free access and further development of vehicle control software for the jointly developed BEV and FCEV. Nikola obtains the IVECO S-Way […]
Saputo sells two fresh milk processing plants in Australia
MONTRÉAL, April 02, 2023 (GLOBE NEWSWIRE) — Saputo Inc. (we, Saputo or the Company) JUICE announces today that it has entered into a definitive agreement for the sale of two fresh milk processing operations in Laverton North, Victoria and Erskine Park, New South Wales to Coles Group Limited, an Australia-based supermarket, retail and consumer services […]
Cathie Wood Buys $21M in Block Stock and Sells Over $26M to Tesla – ARK…
Cathie Wood-LED ARK Investment Management defied a Short sale report from Hindenburg research At Jack Dorsey’s payment company block inc Q and loaded over 338,000 shares of the company’s stock at an estimated value of $20.9 million based on Thursday’s closing price. The purchase was made through the flagship ARK Innovation ETF ARKKThe ARK Next […]
Cathie Wood Sells $13.5M in Coinbase Stock and Increases Intuit Stake – ARK…
Cathie Wood-LED ARK Investment Management sold a whopping $13.5 million stake in a cryptocurrency exchange platform Coinbase Global Inc COIN on Tuesday. ARK sold over 160,000 shares of the company in a day that saw the stock surge over 11%. The sale was made through ARK Fintech Innovation ETF ARKF. Coinbase is the fund’s top […]
Unibail-Rodamco-Westfield sells village in San Fernando Valley
Paris, Amsterdam, December 27, 2022 press release Unibail Rodamco Westfield sold That Village in the San Fernando Valley accept transactions total URW Debt Relief Proceeds in the US to $1.1 billion1 Unibail-Rodamco-Westfield (“URW”) today announced the closing of the sale of The village, an outdoor lifestyle destination in Los Angeles’ San Fernando Valley, to the […]
Junhe® BG3012 stepping tray type curing oven sells well
In the new era of artificial intelligence, leading the industrial revolution, more and more companies invest in more machines and intelligent equipment for production operations, which not only improves labor efficiency but also greatly reduces labor costs. With the rise of traditional labor costs and the rise of production needs, intelligent, convenient, safe and environmentally […]
Emerson Electric sells 55% stake in Climate Technologies unit at…
Emerson Electric Co EMR sells a majority stake in its climate technology business Blackstone Inc BXvalues the unit at $14 billion, including debt. The deal could be the largest private equity buyout in months, when such activity has trended downward amid market volatility. Wall Street Journal First reported the deal. Climate Technologies’ […]
Apple Sells This $330 Gadget That Will Let You Unlock Your Front Door…
apple inc AAPL sells a $330 lock on its website that allows a user to unlock their front door with just a tap iPhone or smart watch. What happened: The Level Lock+ with Home Key support is available from Apple for $329.95. That Tim cook-led company says the locking accessory allows users to “even ask […]
Eastern Sells Argo EMS Business for Undisclosed Sum – Eastern Co…
Eastern Co EML has sold its Argo EMS business (Argo). The conditions of Transaction were not announced. The company announced its intention to divest in August 2021 non-core businesses and began reporting these businesses as discontinued operations. With the recent sale, Eastern has completed the sale of all non-core businesses. The company […]