Divestitures are often part of a larger strategic plan to optimize the company’s portfolio, enhancing its focus on core operations and achieving specific business objectives. Divestitures can reduce ...

Viatris announced the finalisation of a transaction to divest its over-the-counter (OTC) business, completing the last step in its previously declared $3.37bn divestitures. The US-headquartered ...

Not long ago, health systems gobbled up hospitals with the overriding goal of growth, expanded footprints and market share. Some major health systems are now regretting those buys as they have become ...

PARIS — Northrop Grumman is considering selling its TASC unit, also called its Information Systems’ Advisory Services division, sources said at the Paris Air Show. TASC, which does systems engineering ...

Viatris has closed the divestiture of its over-the-counter business to Cooper Consumer Health, a European over-the-counter drug manufacturer and distributor, bringing to substantial completion all ...

Emilie Feldman is the Michael L. Tarnopol Professor and Professor of Management at The Wharton School. Her new book, Divestitures: Creating Value Through Strategy, Structure and Implementation, was ...

The fourth quarter marked another period of financial struggle for the health system. Community Health Systems continues to feel pressure on its bottom line as it works to reshape its portfolio to ...

Experiences from past mergers show that divestitures most likely will not be a successful remedy in the proposed Aetna-Humana merger. The Center for American Progress recently released an analysis of ...

Goodyear Tire & Rubber Co. has some big plans to become smaller, with more focus and a stronger balance sheet that is burdened by less debt. To do that, it plans to sell off some major operations, ...

Community Health Systems (CHS) announced its third-quarter earnings report, which included net operating revenues dropping by 16.3% compared to last year to $3.6 billion. The company said it’s ...

“The divestitures will result in additional liquidity and increase our already strong cash position” Tweet this Strategic Actions On February 2, 2022, we entered into a definitive agreement with ...