divest

Meta plans to divest from Kustomer, which it reportedly acquired for ~$1B; sources: the startup's revenue has flattened while burning through ~$200M since 2022 (Wall Street Journal)

March 11, 2023

[ad_1] Wall Street Journal: Meta plans to divest from Kustomer, which it reportedly acquired for ~$1B; sources: the startup’s revenue…

US private equity firm Silver Lake and the Canada Pension Plan Investment Board offer to acquire Qualtrics for $12.4B as SAP looks to divest its 71% stake (Antoine Gara/Financial Times)

March 6, 2023

[ad_1] Antoine Gara / Financial Times: US private equity firm Silver Lake and the Canada Pension Plan Investment Board offer…

The UK blocks the sale of Newport Wafer Fab to Nexperia, owned by China's Wingtech, on national security grounds and orders Nexperia to divest 86% of Newport (Financial Times)

November 16, 2022

[ad_1] Financial Times: The UK blocks the sale of Newport Wafer Fab to Nexperia, owned by China’s Wingtech, on national…

Meta says it will accept the UK CMA ruling and divest itself of Giphy globally (James Vincent/The Verge)

October 18, 2022

[ad_1] James Vincent / The Verge: Meta says it will accept the UK CMA ruling and divest itself of Giphy…

Sources: Tencent plans to divest $14.5B of its $88B listed equity portfolio in 2022 to help reduce pressure from investors and China's anti-monopoly regulator (Financial Times)

September 1, 2022

[ad_1] Financial Times: Sources: Tencent plans to divest $14.5B of its $88B listed equity portfolio in 2022 to help reduce…

Business

Biden senior advisor Anita Dunn has to divest investment portfolio worth between $16.8 million and $48.2 million to avoid conflicts

August 12, 2022

[ad_1] White House senior advisor Anita Dunn is being forced to divest an investment portfolio worth an estimated $16.8 million…