Business ❯ Corporate Strategy

Divestitures

Asset Sales Stake Sales Asset Management Spin-offs Warner Bros. Discovery Financial Performance International Business Joint Ventures Media Companies Product Portfolio Management

Authentic Brands Agrees to Buy Lee in Deal Valued Up to $1 Billion

The buyer plans to convert Lee to an asset-light licensing model, lining up operating partners to grow the brand worldwide.

Xtant Raises 2026 Outlook After Q1 Revenue Dip and Hemostat Market Entry

S&P Global Posts Q1 Beat, Boosts Capital Return Plan and Reaffirms 2026 Outlook

Porsche to Sell Bugatti-Rimac and Rimac Stakes to HOF Capital–Led Consortium

Porsche Sells Bugatti Rimac and Rimac Group Stakes to HOF-Led Consortium

Honeywell Profit Tops Views as Middle East Disruptions Weigh on Outlook

Johnson & Johnson Tops Q1 Forecasts and Lifts 2026 Outlook

Xtant Medical Sets 2026 Outlook After Selling Spine Assets to Focus on Biologics

Unilever to Combine Most of Its Foods Business With McCormick in $44.8 Billion Deal

Nestlé Moves to Exit Ice Cream and Set 2027 Waters Sale in Portfolio Overhaul

Organon Sets Flat 2026 Outlook After Q4 Impairment, Jada Sale and Nexplanon Label Win

Telefónica Completes Colombia Exit With $214 Million Sale to Millicom, Cutting Net Debt by €1.55 Billion

International Paper to Split Into North America and EMEA Packaging Companies

WD-40 Reaffirms 2026 Outlook After Q1 Miss as Sales Inch Up and Profits Fall

L3Harris Sells 60% of Space Propulsion Unit to AE Industrial in $845 Million Deal

Cade Clears Petz–Cobasi Merger With Order to Sell 26 São Paulo Stores

Kingswood to Acquire Safran Passenger Innovations in Carve-Out Deal

Warner Bros. Discovery Receives Preliminary Bids From Paramount, Comcast and Netflix

Motiva Sells Entire 20-Airport Platform to Mexico’s ASUR for R$11.5 Billion

Jack in the Box Agrees to Sell Del Taco to Yadav Enterprises for $115 Million