Divestiture

Orkla Sells Cleaning Solutions Provider Lilleborg To Solenis

Norwegian conglomerate Orkla has agreed to sell 100% of its shareholding in Lilleborg AS to Solenis for NOK 600 million (€52.36 million) on a cash and...

PZ Cussons To Sell Kardashian Favourite St Tropez Tanning Brand To Tackle Debt

PZ Cussons is exploring the sale of its popular self-tanning brand St Tropez and other assets to reduce its debt, the company said in a statement.

Kroger, Albertsons To Sell 166 More Stores To Gain Regulatory Approval For Merger

Kroger and Albertsons Cos have amended the asset sale agreement with C&S Wholesale Grocers to include an extra 166 stores in a bid to get regulato...

Hain Celestial Sells Thinsters Cookie Brand To J&J Snack Foods

Health and wellness company Hain Celestial has completed the sale of its Thinsters cookie business to J&J Snack Foods.

J.M. Smucker Beats Q3 Profit Estimates On Sustained Demand For Frozen Snacks, Pet Food

Jif peanut butter maker J.M. Smucker topped Wall Street estimates for third-quarter profit, as demand for its high-priced pet food and pantry staples held...

Fortenova Explores Potential Sale Of Agricultural Business Unit

Croatian retailer Fortenova said it has commenced the process of assessing the potential sale of its agricultural business division.

Groupe Casino Disposes Of Stake In Colombia’s Éxito Group

Groupe Casino has completed the sale of its 34.05% direct stake in Colombian subsidiary, Éxito Group.

UK's Mondi To Sell Russian Plant To Sezar Invest For About €770m

Mondi has agreed to sell its largest plant in Russia to a unit of Sezar Group, a Moscow-based real estate development firm, for RUB 80 billion (€770 m...