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Greif Signs Definitive Agreement to Sell Timberlands to Molpus Woodlands Group for $462 Million
Globenewswire· 2025-08-06 12:00
DELAWARE, Ohio, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has entered into a definitive agreement with Molpus Woodlands Group, on behalf of clients, to sell its Soterra land management business for $462 million. This transaction, which includes over 173,000 acres of timberlands across the Southeastern United States, follows Greif's previously announced intent to divest the business as part of its s ...
Newmont Wraps Up Sale of Musselwhite, Eleonore and CC&V Operations
ZACKS· 2025-03-05 13:55
Newmont Corporation (NEM) has announced the completion of the previously announced sales of three non-core assets, namely the Musselwhite and Eleonore operations in Canada and the Cripple Creek & Victor ("CC&V") operation in Colorado, USA.The divestiture of these three additional non-core assets resulted in total after-tax cash proceeds of $1.7 billion before closing adjustments. NEM anticipates completing the remaining two asset sales and receiving about $0.8 billion in after-tax cash proceeds during the f ...