Coty Divests Remaining Stake in Wella
PARIS – Coty Inc. continues deleveraging and divesting non-core assets, and has sold its remaining 25.8 percent stake in hair care giant Wella to KKR. Under terms of the deal, Coty is to…
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divests
Stoneweg Europe Stapled Trust divests office asset in Italy for 34 million euros
Following the divestment, the trust’s exposure to Italy will fall from 18% to 17% The managers of Stoneweg Europe Stapled Trust (Sert) on Friday (Dec 19) said that it has entered an…
Keppel divests remaining interests in two Singapore data centres for S$50.5 million to Keppel DC Reit
Asset manager Keppel announced on Tuesday (Dec 16) that its connectivity division has agreed to sell its stakes in two data centres for a total cash consideration of S$50.5 million to…
Stoneweg Europe Stapled Trust divests Slovakia portfolio for 70 million euros
This comes as it focuses on Western European markets with ‘deeper liquidity and stronger tenant demand’ Stoneweg Europe Stapled Trust (Sert) has divested its entire Slovakia investment in…
Straits Trading partners Cromwell, divests 19.9% of Australian industrial portfolio for S$40.5m
Mainboard-listed Straits Trading announced a partnership with Cromwell Property Group on Tuesday (Nov 11) to grow its Australian industrial and logistics platform. Under the deal, Cromwell…
Thakral Corp divests Yotsubashi Nakano Building in Osaka for 5.3 billion yen
Thakral Corporation announced on Tuesday (Sep 30) that it has completed the divestment of its commercial building, Yotsubashi Nakano Building, in Osaka, Japan, for 5.3 billion yen (S$46.2…
Seatrium divests AmFELS shipyard in Texas for S$65 million
The group will transition its strategic presence in the US post-sale to focus on engineering innovation and technology capabilities Offshore, marine and energy engineering solutions…
Stoneweg Europe Stapled Trust divests Italy asset for 11.4 million euros, completes sale in Poland
The completion of the divestment is subject to the customary conditions and is expected in the fourth quarter of this year The managers of Stoneweg Europe Stapled Trust (Sert) on Thursday…
GuocoLand unit divests Thistle Johor Bahru hotel for RM150 million
The group is expected to enjoy a net gain of about RM35 million upon completion of the sale Property developer GuocoLand is selling the Thistle Johor Bahru hotel and the associated land…
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Singapore Post (SingPost) has divested its entire freight forwarding business, Famous Holdings, for about S$177.9 million. The sale resulted in an estimated realised gain on disposal of…
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus Energy back to the renewable energy solutions…
Trek 2000 divests stake in Terrenus Energy valued at around S$8.2m
The shares are currently held as investment and do not generate any income or revenue for FY2024 Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be…
ST Engineering divests entire equity interest in US-based construction manufacturer LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST Engineering LeeBoy, a US-based construction…
ST Engineering divests entire equity interest in US-based construction player LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST Engineering LeeBoy, a US-based construction…
Keppel divests S$80 million of assets as part of multi-billion dollar monetisation programme
Asset manager Keppel is divesting its stakes in a New-York based company and an integrated agricultural logistics park in China to unlock more than S$80 million from the monetisation of…
Keppel DC Reit divests German data centre for 50 million euros
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the real estate investment trust’s (Reit) manager said…
OUE Reit divests entire stake in Shanghai property owned by Indonesia’s Lippo Group
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and operates an office building in Shanghai, to an…
OUE Reit divests entire stake in Shanghai office property for 1.9 billion yuan
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and operates an office building in Shanghai, to an…