Divestiture

Asda To Acquire Petrol Forecourt Business From Britain’s Co-op

UK retailer Asda has agreed to acquire Co-op’s petrol forecourt business for an enterprise value of £600 million (€698.9 million).

Kraft Heinz To Sell B2B Powdered Cheese Business To Kerry Group

The Kraft Heinz Company has entered into an agreement to sell its B2B powdered cheese business to taste and nutrition firm Kerry Group.

Mondi To Sell Its Largest Russian Plant For €1.5bn

Packaging firm Mondi has agreed to sell its largest plant in Russia to an investment vehicle owned by Russian billionaire Viktor Kharitonin for RUB 95 bill...

General Mills Closes Sale Of Helper, Suddenly Salad Businesses

General Mills has completed the sale of its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group through a cash transact...

Walgreens Abandons Plan To Sell Boots Business

Walgreens Boots Alliance on Tuesday scrapped its plan to sell its UK high street pharmacy chain, Boots, saying no third party was able to make an adequate...