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Divestments
Kim Kardashian in Talks to Buy Back Stake In Beauty Business From Coty
The reality star and entrepreneur had previously sold a 20% position in SKKN at $1 billion valuation. Source link
FIS to Sell Majority Stake in Worldpay for $11.7 Billion
Private-equity firm GTCR will hold a 55% stake following the deal that values the payment processor at $18.5 billion. Source link
Kidney-Care Specialist Diaverum Expected to Be Sold in $2 Billion Deal
Mubadala-backed M42 would buy the operator of 440 dialysis clinics from buyout firm Bridgepoint. Source link
Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
First-quarter earnings were largely wiped out by a $6.9 billion charge tied to litigation and other costs from its Covid-19 vaccine commitments. Source link
IBM Explores Sale of Weather Business
WSJ News Exclusive Deals Weather.com owner could fetch more than $1 billion in a sale Source link
IBM Explores Sale of Weather Business
WSJ News Exclusive Deals Weather.com owner could fetch more than $1 billion in a sale Source link
CarMax Picks the Profit Lane
The used-car retailer has managed to increase its gross margins in a tough selling environment. Source link
Carrier Plots Separation of Fire Unit
WSJ News Exclusive Business Air-conditioning company aims to sell or spin off Fire & Security business Source link
Paramount Explores Sale of Majority Stake in Noggin Streaming Service
WSJ News Exclusive Media & Marketing Potential sale comes as entertainment conglomerate looks to prioritize Paramount+, Pluto TV streaming platforms Source link
Utilities Pursue Pipeline Sales as Natural-Gas Bans Catch On
WSJ News Exclusive Business Possible sales come as regulators debate fossil fuels’ future in home heating and cooking Source link