AssetSales

Forvia Targets Major Asset Sales to Diminish Debt Load

1 month ago

In a strategic move to stabilize its financial position, Forvia, the automotive technology conglomerate formed from the merger of Faurecia and Groupe PSA, has announced plans to divest significant assets as part of a broader initiative to reduce its substantial debt. The company is focused on selling off larger portions of its business to ensure a more manageable financial structure and improve long-term profitability.

Hong Kong's MTR Corporation Considers Bond Issuance and Asset Sales Amid Financial Strain

3 months ago

In light of challenging financial conditions and an extensive capital expenditure plan, the Hong Kong Mass Transit Railway Corporation (MTR Corp) is contemplating various strategies to bolster its financial stability. Recent reports indicate that the company is exploring options such as issuing bonds and divesting select assets to secure necessary funds for future developments.

KKR Reports Massive 45% Surge in Profit from Asset Sales in Q4

4 months ago

In a remarkable financial revelation, KKR & Co. Inc. has announced a staggering 45% increase in profits from asset sales during the fourth quarter of 2024. This surge demonstrates the investment firm’s ability to navigate and capitalize on the ever-changing market landscape, securing deals that significantly bolstered its bottom line.

New Fortress Energy Expands Horizons with Asset Sale Exploration

4 months ago

New Fortress Energy, a prominent player in the energy sector, has initiated a strategic review of its assets, enlisting the expertise of leading financial advisors Lazard and Intrepid Financial Partners. This move aims to explore potential asset sales that could reshape the company’s financial landscape and streamline its operations amid evolving market dynamics.

Santander Embraces Capital-Light Model Through Key Asset Sales

6 months ago

In a significant strategic pivot, Banco Santander S.A. has announced plans to divest a substantial portion of its assets to transition towards a more capital-light business model. This change is poised to enhance the bank's operational efficiency while also bolstering its financial robustness in a dynamically shifting economic landscape.