Divestiture News
Discover the latest divestiture news. Stay informed about company divestitures, strategic decisions, and their impacts on business operations and market positions. Get insights into the reasons behind divestitures and their financial implications.
Apr 9, 2026 at 4:15 PM
Pello Companies to Acquire ByAllAccounts from Morningstar
SALT LAKE CITY & CHICAGO--(BUSINESS WIRE)--Pello Companies, LLC, which focuses on open finance innovation, today announced the entry into a definitive agreement for the acquisition of ByAllAccounts, a provider of innovative data aggregation technology for financial applications, from Morningstar, Inc. (Nasdaq: MORN). Upon completion of the transaction, ByAllAccounts will operate as a standalone company. The acquisition is expected to close in the first half of 2026, subject to customary closing...
Apr 8, 2026 at 7:16 AM
Telia to Deploy Seamless OS Following Acquisition of Telness Operator
STOCKHOLM--(BUSINESS WIRE)--Telia becomes first MNO to deploy Seamless OS after acquiring Telness, marking a huge expansion of the BSS/OSS platform from Telness Tech...
Apr 6, 2026 at 4:15 PM
Six Flags Completes Sale of Six U.S. Parks to EPR Properties
CHARLOTTE, N.C.--(BUSINESS WIRE)--SIX FLAGS COMPLETES SALE OF SIX U.S. PARKS TO EPR PROPERTIES...
Apr 6, 2026 at 8:30 AM
Corpay Completes Sale of Vehicle Payments Asset
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), the corporate payments company, today announced it has completed the sale of PayByPhone, its mobile parking payments business, to Lightyear Capital. “We’ve completed the sale of our PayByPhone business,” said Ron Clarke, Chairman and CEO of Corpay. “The transaction simplifies our portfolio and furthers our rotation to corporate payments.” The transaction is expected to reduce Corpay’s rest-of-year 2026 revenues by approximately $75 million re...
Apr 3, 2026 at 12:32 PM
Owner Resource Group Announces the Sale of Bill Gosling Outsourcing
AUSTIN, Texas--(BUSINESS WIRE)--Owner Resource Group, LLC (“ORG”), an Austin, Texas-based private investment firm, is pleased to share that its affiliates have completed a sale of Bill Gosling Outsourcing (“Bill Gosling” or the “Company”), a business process outsourcing (“BPO”) platform providing accounts receivable management, customer experience and other back-office services to enterprise clients, to Frontenac, a Chicago-based private equity firm (“Frontenac”). Headquartered in Barrie, Ontar...
Apr 2, 2026 at 9:00 AM
CVD Equipment Corporation Completes Sale of its SDC Division
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV) (“CVD” or the “Company”) today announced that it has completed the sale of the Company’s Stainless Design Concepts (“SDC”) business division. The previously announced transaction was completed for a purchase price of approximately $16.9 million in cash, subject to certain purchase price adjustments. CVD expects to use the proceeds from the transaction to enhance its financial flexibility and support strategic initiati...
Apr 1, 2026 at 4:15 PM
Arcosa, Inc. Completes Sale of Barge Business
DALLAS--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) (“Arcosa” or the “Company”), a provider of infrastructure-related products and solutions, today announced the completion of the sale of its inland barge business, Arcosa Marine Products, Inc., to Wynnchurch Capital, L.P. for $450 million in cash, subject to customary transaction adjustments. The Company intends to use the net after-tax proceeds to invest in the expansion of its core growth platforms and reduce outstanding debt. Antonio Carrillo,...
Apr 1, 2026 at 12:00 PM
Pernod Ricard Completes the Sale of Mumm Napa Sparkling Wine Activities in the United States and Announces the Sale of Kenwood, Furthering the Streamlining of Its Wine Operations in California
PARIS--(BUSINESS WIRE)--Regulatory News: Pernod Ricard (Paris: RI) Press release – Paris, April 1st 2026 Following satisfaction of closing conditions and in line with the previous press release of December 16, 2025, Pernod Ricard today confirms the successful completion of the disposal of Mumm sparkling wine activities (excluding champagne) in the United States, covering Mumm Sparkling California, Mumm Napa and DVX to Trinchero Family Wine and Spirits. Alongside this transaction, Pernod Ricard...
Apr 1, 2026 at 9:00 AM
Community Health Systems Completes Divestiture of Huntsville, Alabama, Hospital to Huntsville Hospital Health System
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that a subsidiary of the Company has completed the divestiture of substantially all of the assets of 180-bed Crestwood Medical Center in Huntsville, Alabama, and its associated outpatient centers and practices, to Huntsville Hospital Health System for $459 million, before certain transaction expenses. The entry into the definitive agreement for this transaction was announced on January 20, 2026, and the...
Apr 1, 2026 at 9:00 AM
CORE Industrial Partners Completes the Sale of PrecisionX Group
CHICAGO & AUSTIN, Texas--(BUSINESS WIRE)--CORE Industrial Partners Completes the Sale of PrecisionX Group...
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