Category: Divest
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Tempur Sealy to divest more than 100 stores in bid to close $4 billion Mattress Firm deal By Reuters
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(Reuters) – Tempur-Sealy International Inc said on Monday it plans to sell more than 100 stores in a bid to win regulatory approval for its $4 billion deal with Mattress Firm Inc. Tempur-Sealy’s merger with Mattress Firm, which would create a combined empire of about 3,000 stores worldwide, has raised…
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Tempur Sealy to divest more than 100 stores in bid to close $4 billion Mattress Firm deal By Reuters
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(Reuters) – Tempur-Sealy International Inc said on Monday it plans to sell more than 100 stores in a bid to win regulatory approval for its $4 billion deal with Mattress Firm Inc. Tempur-Sealy’s merger with Mattress Firm, which would create a combined empire of about 3,000 stores worldwide, has raised…
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Intel declares no plans to divest Mobileye majority stake
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Advanced Driving Assistance Systems (ADAS) Stock Price Mobily International Company Intel (NASDAQ: MBLY) shares rose 8% in premarket trading after Intel Corp. (NASDAQ: INTC) said it has no plans to sell its majority stake in the Israeli company. “As the majority shareholder of Mobileye, Intel remains focused on creating value…
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Jeff Bezos to divest $5bn of Amazon shares after stock reaches record high
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Amazon.com Inc. founder and CEO Jeff Bezos is set to sell about $5 billion worth of shares in the e-commerce giant, according to a regulatory filing disclosed after market hours on Tuesday. The announcement comes after Amazon stock hit an all-time high of $200.43 during the trading session. The proposed…
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Top Crypto Prices Crash As FOMC Nears, Traders Divest Into New Altcoins Set To Hit Market
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Cryptocurrency prices are once again facing heavy losses as the Federal Open Market Committee (FOMC) meeting approaches. A collapse in cryptocurrency prices is expected due to the upcoming Federal Reserve monetary policy meeting. Bitcoin’s price corrected 2% to start the week, and is trading at $62,400 at press time. Ethereum,…