Core Viewpoint - The Spanish football club Espanyol has officially changed ownership, with the transaction involving a total consideration of €130 million (approximately ¥1.08 billion) [2]. Group 1: Ownership Change - Starry Entertainment's subsidiary, Starry Sports (Hong Kong), has completed the registration change for the sale of Espanyol to VELOCITY SPORTS LTD, receiving €65 million in cash and 38.26 million A-class shares valued at €65 million, representing 16.45% of VELOCITY's total equity [1]. - Following the completion of the equity transfer, Espanyol will no longer be included in Starry Entertainment's consolidated financial statements [1]. Group 2: Financial Impact - The transaction is expected to increase Starry Entertainment's net profit attributable to shareholders by approximately ¥47.07 million, based on the exchange rate as of September 30 [1]. - Starry Entertainment previously estimated that the transaction would increase net profit by about ¥150 million, with the difference attributed to operational profits generated from player sales and other activities during the period from the audit report cutoff date to the equity transfer date [1]. Group 3: Historical Context - Starry Entertainment acquired a 50.1% stake in Espanyol in 2015 for approximately €65 million, becoming the first A-share listed company to control a top European football club [2]. - The company increased its stake to 99.35% in 2016 by investing an additional €40 million [2]. Group 4: Recent Performance - Starry Entertainment's revenue in 2024 was ¥1.36 billion, a decrease of 21.49% year-on-year, with a net loss of ¥458 million, largely due to a 52.36% decline in football-related revenue [3]. - In the first half of 2025, the company reported revenue of ¥1.135 billion, a year-on-year increase of 84.58%, with net profit turning positive at ¥155 million, attributed to player transfer income and increased broadcasting and ticketing revenues [3].

2025年10月8日，全球骨科巨头公司 Enovis（NYSE: ENOV） 宣布完成对旗下足部护理品牌 Dr. Comfort 的剥 离交易。该项交易由总部位于芝加哥的私募机构Promus Equity Partners接手， 交易金额最高达6000万美元（约 合人民币4.3亿）， 包括4500万美元的预付款与最多1500万美元的里程碑付款。 本次资产出售是Enovis战略重组过程中的关键节点，标志着公司进一步聚焦"预防与恢复（Prevention & Recovery）"与"重建（Reconstructive）"两大核心业务板块的方向明确，也意味着其逐步退出非核心慢病器械 领域的实际落地。 # 交 易结构 与 资 金 用 途 ： 剥离并非"变现"，而是再投 资 此次Dr. Comfort的出售结构包括： 交易总金额 ：最高6000万美元 预付款 ：4500万美元 里程碑付款 ：最多1500万美元，依据未来运营表现或销售指标达成情况确定 Enovis未在公告中披露具体的业绩触发条件，但表示该交易所得将用于： 加速债务削减 ：2023年Enovis曾发行4亿美元可转债以支持LimaCorporate收购，资金 ...

伯克希尔·哈撒韦是西方石油公司的最大股东，目前持有该公司约27%的流通股。伯克希尔·哈撒韦2022 年2月开始收购这家油气生产商的股份，当时正值俄乌冲突爆发。不过，国际原油价格的涨势并没有持 续很久，甚至在特朗普重回白宫后明显走低，这打击了包括西方石油在内的能源企业。作为西方石油的 重要股东，伯克希尔·哈撒韦对其战略调整和资产处置高度关注。 数据显示，这将是伯克希尔·哈撒韦自2022年以137亿美元收购阿勒格尼（Alleghany Corp．）以来的最 大一笔并购交易。截至目前，西方石油和伯克希尔·哈撒韦公司的代表没有公开回应上述消息。 《华尔街日报》当地时间9月30日也报道了这项潜在交易。报道称，伯克希尔·哈撒韦正就以约100亿美 元收购OxyChem进行谈判。为筹集现金，西方石油近年来一直在进行一系列资产剥离，对OxyChem的 出售可能是最新一起。该部门供应医疗、食品安全和建筑行业所使用的化工产品。 来源：新浪科技 【#巴菲特将有大动作##知情者透露巴菲特100亿美元大动作#】据媒体援引彭博社当地时间9月30日报 道，知情人士透露，"股神"巴菲特旗下的伯克希尔·哈撒韦接近达成协议，拟以约100亿美元的价 ...

据彭博社当地时间周二报道，知情人士透露，巴菲特旗下的伯克希尔·哈撒韦接近达成协议，拟以约100 亿美元的价格收购西方石油的化工业务子公司OxyChem。不愿公开身份的知情人士称，该交易可能在 未来几天宣布。 数据显示，这将是伯克希尔·哈撒韦自2022年以137亿美元收购阿勒格尼（Alleghany Corp．）以来的最 大一笔并购交易。截至目前，西方石油和伯克希尔·哈撒韦公司的代表没有公开回应上述消息。 （原标题：巴菲特突发！伯克希尔将以100亿美元价格收购西方石油子公司） 巴菲特，传出并购大动作！ 据外媒消息，"股神"巴菲特旗下伯克希尔·哈撒韦即将以100亿美元的价格收购西方石油的石化业务子公 司OxyChem。如果这笔交易最终达成，将成为伯克希尔·哈撒韦自2022年以来规模最大的一笔并购。 巴菲特出手 在多年鲜有大额并购，并逐步减持包括苹果公司在内的重仓股之后，95岁高龄的巴菲特似乎重启了攻 势。 今年8月份，伯克希尔·哈撒韦发布的2025年第二季度财报显示，该公司第二季度实现营收925.15亿美 元，上年同期为936.53亿美元；净利润为123.7亿美元，同比下降59%，不过高于市场预期的107.03亿 ...

点击蓝字，关注我们 据悉，由巴菲特持股支持的西方石油近来一直在通过资产剥离削减债务。报道提到，此次出售事 宜有望在未来几周内正式宣布。 这家总部位于休斯顿的能源企业，此前曾推动美国油气行业的多起整合交易，包括2019年收购阿 纳达科石油公司(Anadarko Petroleum Corp.)，以及去年以108亿美元收购CrownRock LP。自完成 CrownRock交易后，西方石油便启动了资产剥离计划。 Bloomberg Intelligence指出，西方石油在全球油气领域拥有多元化布局。尽管如此，其陆上资产预 计仍将是公司利润和自由现金流的主要来源。 此外， 西方石油旗下子公司1PointFive本月与恩桥(ENB.US)成立了一家持股比例为50:50的合资企 业，计划在路易斯安那州开发鹈鹕封存中心(Pelican Sequestration Hub)及相关运输基础设施。 根据合作规划，1PointFive将负责开发地下二氧化碳封存设施，而恩桥将建设并运营从客户所在地 通往该封存中心的输送管道。 内容来源于智通财经 据报道，西方石油正就出售其石化子公司OxyChem展开谈判，这笔交易估值预计不低于10 ...

这家总部位于休斯顿的能源企业，此前曾推动美国油气行业的多起整合交易，包括2019年收购阿纳达科 石油公司(Anadarko Petroleum Corp.)，以及去年以108亿美元收购CrownRock LP。自完成CrownRock交 易后，西方石油便启动了资产剥离计划。 Bloomberg Intelligence指出，西方石油在全球油气领域拥有多元化布局。尽管如此，其陆上资产预计仍 将是公司利润和自由现金流的主要来源。 此外，西方石油旗下子公司1PointFive本月与恩桥(ENB.US)成立了一家持股比例为50:50的合资企业，计 划在路易斯安那州开发鹈鹕封存中心(Pelican Sequestration Hub)及相关运输基础设施。 根据合作规划，1PointFive将负责开发地下二氧化碳封存设施，而恩桥将建设并运营从客户所在地通往 该封存中心的输送管道。 据报道，西方石油(OXY.US)正就出售其石化子公司OxyChem展开谈判，这笔交易估值预计不低于100亿 美元。 知情人士表示，此次资产剥离将是这家美国公司迄今规模最大的一次，且交易完成后将诞生全球最大的 独立石化企业之一。报道同时指出，目前 ...

Core Viewpoint - China Nuclear Titanium White (中核钛白) has decided to divest its vanadium-titanium assets to focus on its core business areas, which include titanium chemicals, phosphorus chemicals, and new energy materials [1][4]. Group 1: Asset Sale Details - The company announced on September 24 that it is selling 100% of its stake in Hami Zhonghe Vanadium Titanium Co., Ltd. for a base price of 120.8 million yuan, which is the assessed value [1][5]. - Hami Zhonghe Vanadium Titanium was established in 2023 with a registered capital of 500 million yuan, focusing on mining and mineral processing [2]. - As of August 31, 2025, Hami Zhonghe had total assets of 123 million yuan and net assets of 120 million yuan, but reported zero revenue and losses of 273,000 yuan and 252,000 yuan for 2024 and the first eight months of 2025, respectively [2][5]. Group 2: Financial Performance - In the first half of 2025, China Nuclear Titanium White reported a revenue of 3.77 billion yuan, a year-on-year increase of 19.66%, but net profit fell by 14.83% to 259 million yuan due to declining titanium dioxide prices [6]. - The company’s main revenue source is titanium dioxide, which accounts for over 80% of its total revenue, but prices have been declining since 2022, leading to continuous pressure on profitability [1][7]. - In 2022, the company achieved a net profit of 643 million yuan, down 47.14% year-on-year, and in 2023, net profit further decreased to 419 million yuan, a decline of 34.84% [7]. Group 3: Market Context - The titanium dioxide market is facing challenges, with a projected 3% increase in domestic production capacity and a decrease in export trade volume due to trade policies, making profitability more difficult for domestic producers [7]. - The company has a production capacity of nearly 550,000 tons per year for titanium dioxide and has been impacted by changes in trade dynamics and tariffs, which have affected market sentiment [6][7].

Core Viewpoint - The article discusses the ongoing "shell resource defense war" among listed companies in China's A-share market as they face delisting risks, highlighting various strategies such as asset divestiture, mergers, and seeking strategic investors to improve financial health and governance [1][2]. Group 1: Asset Divestiture - Many listed companies are opting to divest loss-making assets to quickly improve their financial statements and avoid delisting risks. For instance, *ST Nan Zhi plans to transfer real estate-related assets and liabilities worth 133.57 billion yuan for 1 yuan to Shanghai Longlin, aiming to shift towards light asset urban operation services [4][5]. - After the asset sale, *ST Nan Zhi's total assets and revenue will significantly decrease, but its equity and net profit are expected to rise substantially, with a projected net profit of 225 million yuan for 2024, an increase of 2.463 billion yuan compared to before the transaction [4]. - Similarly, *ST Bu Sen announced the sale of a 35% stake in Shaanxi Bu Sen to improve liquidity and focus on its core apparel business, with its stock facing delisting risk due to negative net profit for 2024 [5][6]. Group 2: Mergers and Acquisitions - Some companies are attempting to reverse their financial struggles through acquisitions. For example, *ST Fan Li plans to acquire 60% of Guangzhou Feng Teng for up to 28.8 million yuan to enhance its position in internet marketing [8]. - The acquisition includes performance targets for the acquired company, requiring revenues of at least 50 million yuan in 2025, 60 million yuan in 2026, and 70 million yuan in 2027, along with net profits of 5 million yuan, 6 million yuan, and 7 million yuan respectively [8][9]. - Despite the acquisition being a critical step for *ST Fan Li to mitigate delisting risks, uncertainties remain regarding the achievement of these performance commitments [9]. Group 3: Seeking Strategic Investors - In the context of the white liquor industry facing adjustments, *ST Yan Shi is actively seeking strategic investors to optimize resources and support sustainable operations, as it faces delisting risks with a reported revenue of 282.5 million yuan and a net loss of 67.8 million yuan for the first half of 2025 [11][12]. - The company is focusing on inventory clearance and cash flow improvement, launching discount sales for non-core brands to manage its financial situation [11]. - Analysts suggest that while companies may temporarily alleviate delisting pressures through asset divestiture, mergers, and strategic investments, the long-term trend of declining shell resource scarcity remains a challenge [12].

Investor Day 2025 TM Transform. Innovate. Accelerate. 2025 INVESTOR DAY 1 Welcome and Opening Remarks Ann Giancristoforo Vice President, Investor Relations 2 2 2025 INVESTOR DAY 2025 INVESTOR DAY Forward looking statements On January 15, 2025, DuPont de Nemours, Inc. ("DuPont", or after the completion of the Intended Electronics Separation, "New DuPont") announced it is targeting November 1, 2025 to complete the intended separation of its Electronics business (the "Intended Electronics Separation") by way o ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com （责任编辑：贺翀 ） 白宫方面表示，威特科夫尚未剥离其加密货币资产，其中包括持有与特朗普家族相关的"世界自由 金融公司"的股份，这可能会给这位特使带来利益冲突问题。一位白宫官员称，维特科夫已完成财务披 露，目前正与伦理事务官员及法律顾问合作，确保完全遵守政府规定，包括采取所有必要的法律步骤完 成资产剥离。确定官员任命者需剥离哪些资产的过程，可能会演变成与伦理事务官员的协商博弈。若 就"哪些资产构成利益冲突"陷入长期争议，维特科夫可能面临法律风险——尤其是若他实质性参与了与 其个人财务利益相关的具体事务，可能会违反《刑事利益冲突法》。政府伦理规定要求内阁成员及其他 高级官员剥离可能引发财务利益冲突的资产，但总统不受这些限制。 ...