Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      House prices suffer biggest August slump in eight years 

      Aerial view of colorful residential houses built on a hillside, nestled among green trees, representing housing markets

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      What Burnham’s Sporting Events Bill means for brands and media owners

      Andy Burnham, Mayor of Greater Manchester, in glasses, showing enthusiasm at a sporting event.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • City AM Puzzles
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      New Revuelto SV is the fastest and most intense Lamborghini ever

      Lamborghini Revuelto SV, a sleek silver and black supercar with red accents, front 3/4 view.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Newsletters
  • Latest Paper

Divestiture

  • IFF Announces Agreement to Sell Its Portfolio of Botanical Extracts, Vitamins & Minerals and Food Enhancement Activities to SuanNutra, a Portfolio Company of Carbyne Equity Partners.

    Business Wire

    IFF (NYSE: IFF) — a global leader in flavors, fragrances, and health and biosciences — today announced that it has entered into an agreement with SuanNutra, a Carbyne Equity Partners portfolio company and global provider of science-backed branded and functional ingredients, to sell its portfolio of botanical extracts, vitamins and minerals, and food enhancement activities, [...]

  • Coty Announces Agreement With Kering for Early Transition of Gucci Beauty License

    Business Wire

    Coty to receive approximately $400 million in consideration for the early termination plus sale of sufficient Gucci Beauty inventory to support the transition Coty to continue operating Gucci Beauty through at least June 30, 2027 Proceeds expected to support debt paydown, reinvestment in Coty’s core prestige fragrance and beauty brands, and optimization of organizational set-up

  • In Line With the LEAP | 28 Portfolio Rotation Strategy, Bureau Veritas Signs an Agreement to Sell Its Oil & Petrochemicals and Coal Testing and Inspection Business

    Business Wire

    Bureau Veritas, a global leader in Testing, Inspection, and Certification services (TIC), announces that it has entered exclusive negotiations with Triton Partners regarding the sale of its Oil & Petrochemicals and Coal testing and inspection business. This strategic divestment is in full alignment with the Group’s LEAP | 28 strategy. The proposed transaction would include [...]

  • Everest Announces Agreement to Sell Colombia Insurance Operations to AIG

    May 19, 2026

    Everest Group, Ltd. (“Everest” or “the Company”) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced a definitive agreement to sell Everest Compañía de Seguros Generales Colombia S.A. to American International Group, Inc. (NYSE: AIG). The transaction builds on Everest’s previously announced sale of its global Commercial Retail Insurance renewal rights to AIG [...]

  • Avantia, Hoxton Ventures’ Portfolio Company, Acquired By Carta

    May 13, 2026

    Acquisition Marks Major Milestone for AI-Native Legal-Tech Pioneer and Early Hoxton Investment

  • GenNx360 Capital Partners Completes Sale of Precision Aviation Group to VSE Corporation for Approximately $2.025 Billion in Cash and Equity.

    May 12, 2026

    GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, has announced the sale of its portfolio company, Precision Aviation Group, Inc. (“PAG” or the “Company”), to VSE Corporation (“VSE”) for a total upfront consideration of approximately $2.025 billion in cash and equity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260512000455/en/ Founded [...]

  • Everest Announces Agreement to Sell Canadian Retail Insurance Operations to The Wawanesa Mutual Insurance Company

    March 23, 2026

    Everest Group, Ltd. (“Everest” or “the Company”) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced that it has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada (“Everest Canada”), to The Wawanesa Mutual Insurance Company (“Wawanesa”). “This transaction represents a strong outcome for both organizations, [...]

  • IFF Completed the Divestiture of Soy Crush, Concentrates and Lecithin Businesses

    March 2, 2026

    IFF (NYSE: IFF) today announced that it has successfully completed the previously announced divestiture of its soy crush, concentrates and lecithin businesses to Bunge. This transaction does not include IFF’s soy isolates business. Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in taste, scent, [...]

  • Soho Square Capital’s First Unicorn – Netomnia – to Be Acquired by InfraVia, Liberty Global and Telefónica Through Their Existing Joint Venture nexfibre

    February 23, 2026

    Soho Square Capital LLP (“Soho Square”), an investment firm focused on financing established and growing UK and European SMEs, is pleased to confirm its portfolio company Netomnia, the UK’s second largest alternative fibre provider, has announced an agreement to be acquired by InfraVia, Liberty Global and Telefónica. The acquisition, which is subject to customary clearances, [...]

  • InfraBridge Announces Agreement to Sell Majority of Its Stake in Leeds Bradford and Newcastle Airports to Aena

    December 18, 2025

    InfraBridge today announces that it has entered into a binding agreement to sell a 51% shareholding in a newly formed holding company owning 100% of Leeds Bradford Airport (“LBA”) and 49% of Newcastle International Airport (“NIAL”) to Aena S.M.E., S.A. (“Aena”). InfraBridge will continue to manage a 49% shareholding in the holding company following completion. [...]

Posts pagination

  • Page 1
  • Page 2
  • Next

Trending Articles

  • Jobs market ‘stops moving’ as employment costs weigh on hirers

  • House prices suffer biggest August slump in eight years 

  • Back bookshops in bid to rebuild high streets, Burnham urged

  • Aldi boss wades into supermarket ‘price-gouging’ row

  • Reform pledges £50bn savings in ‘generational’ benefits shake-up

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited