Keyword: divestment


Teva Intends to Divest API Business

02.02.2024 -

Israeli generics manufacturer Teva Pharmaceuticals intends to divest its active pharmaceutical ingredient (API) business, Teva API (TAPI). A standalone business unit of...


TotalEnergies and SABIC Consider Selling US Chemical Plant

22.11.2023 -

Major French oil company TotalEnergies SE and Saudi Basic Industries Corp. (SABIC) are considering selling a jumbo US plant that produces styrene and polystyrene, used in...


Yara to Divest Fertilizer Business in Ivory Coast

13.11.2023 -

Yara has decided to divest its fertilizer import and distribution subsidiary in Ivory Coast. The move follows a thorough analysis of the company’s operations, considering...


Sandoz Spin-off from Novartis to Start on October 4, 2023

25.09.2023 -

Novartis today confirmed the plan to spin off 100% of its generic drugs arm Sandoz, with trading of the new company’s shares as well as ADRs (American Depositary Receipts...


DuPont to Divest Majority Stake in Delrin Business to TJC

23.08.2023 -

DuPont has agreed to sell an 80.1% ownership interest in the Delrin acetal homopolymer (H-POM) business to private equity company TJC in a transaction valuing the...


Lanxess to Sell Chrome Chemicals to Brother

14.08.2019 - German specialty chemicals producer Lanxess is selling its chrome chemicals business to Chinese leather chemicals company Brother Enterprises for an undisclosed sum. The agreement...


Huntsman to Sell Intermediates to Indorama

12.08.2019 - US chemical producer Huntsman has agreed to sell its chemical intermediates businesses to Thailand-based global polyester market leader Indorama Ventures for nearly $2.1 billion...


Inter Pipeline Mulls Sale of European Storage Assets

12.08.2019 - Canadian energy infrastructure company Inter Pipeline is exploring a sale of its Inter Terminals European bulk liquid storage business. Should a sale take place, the company said...