Shell to Sell Nigeria Onshore Oil Business for Up to $2.4 Billion

Shell to Sell Nigeria Onshore Oil Business for Up to $2.4 Billion

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 what was for decades one of its most dependable cash cows but in recent years has become a big drag on its reputation. The London-based energy … Read more

Unilever to Sell Elida Beauty Business

Unilever to Sell Elida Beauty Business

Published: Dec. 18, 2023 at 2:27 a.m. ET By Ian Walker Unilever is selling the Elida Beauty business to Yellow Wood Partners for an undisclosed sum, as part of the company’s plan to optimize its personal care portfolio and grow its power brands. The Anglo-Dutch consumer goods company–which houses Ben & Jerry’s ice cream and … Read more

Truist Stock Pops on Reported Insurance Business Sale. Why It’s Still a Buy.

Truist Stock Pops on Reported Insurance Business Sale. Why It’s Still a Buy.

Banks Follow-Up By Jacob Sonenshine Oct 10, 2023, 12:27 pm EDT Share Reprints Financial (TFC) stock is rising following reports that it will sell its insurance business. The stock remains a buy.  Continue reading this article with a Barron’s subscription. View Options Source link credite

MSG Entertainment Stock Looks Set to Rise

MSG Entertainment Stock Looks Set to Rise

The latest and final stock sale of Madison Square Garden Entertainment by its former parent, Sphere Entertainment Group, is clearing an overhang and looks bullish for the owner of the Madison Square Garden arena in Manhattan. Madison Square Garden Entertainment (ticker: MSGE) said Monday that Sphere Entertainment Group (SPHR) had begun a sale of 7.15 … Read more