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    Tag: divestment

    Cutting Costs without Cutting Corners: The Benefits of Efficient IVR Systems in Banking and Utilities

    We live in a world where customer service is very, very important. If someone leaves your business feeling dissatisfied, you can be sure they’ll discuss it on social media. And, brand loyalty is not a thing anymore.  So, if you upset your patrons, they will make their way to your competitor. After slagging you off on Twitter (or X, as it’s called now), of course. Impeccable customer...

    NEA Launching Pilot Projects to Propel China’s Biodiesel Production and Consumption

    China's National Energy Administration (NEA) has detailed its plans to roll out a series of pilot projects. According to Reuters, these projects promote the production and consumption of biodiesel. This initiative is part of the country's long-standing strategy of positioning itself as a leading force in sustainable energy. With these projects, it hopes to close the gap with other major economies.  The NEA's plan calls on...
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    Schellman & Company, LLC to Take On Cohen & Company’s System and Organisation Controls (SOC) Practice

    Schellman & Company, LLC, the only Top 100 CPA firm specialising in IT Audit and Cybersecurity, has reportedly inked a strategic agreement to take...

    FIS to Spin Off Its Majority Stake in Worldpay

    FIS, a financial services provider, has inked a deal to transfer a significant share of its Worldpay Merchant Business solutions division to GTCR, an...

    Non-Price Factors Influencing Divestiture Transactions

    The value of global divestiture is soaring, with the transaction becoming an integral part of the M&A lifecycle for large corporations. In 2021, divestitures...

    Centene Completes Divestiture of AI Platform Apixio

    Centene Corporation (CNC)—USA's largest Medicaid managed care organisation—has reportedly divested Apixio to New Mount Capital—a pioneer growth-oriented investment firm.  Apixio is a high-end AI platform...

    IBM Mulling Divestiture of Weather Business; Aims to Streamline Software and Cloud Business

    International Business Machines Corporation (IBM) is reportedly divesting Weather Business, a subsidiary of IBM. The divestiture is part of the company's long-term strategy to strengthen...

    Community Health Systems Divested its Last Hospital in West Virginia for $92M

    Franklin, Tennessee-based healthcare giant, Community Health Systems (CHS), has reportedly divested its 25-bed Plateau Medical Center (PMC) in Oak Hill, West Virginia, to the...

    PerkinElmer Completes Divestiture of its Applied, Food and Enterprise Services Businesses; Aims to Accelerate Scientific Innovation

    Right on schedule, PerkinElmer has successfully divested its applied science, food, and enterprise services units to American private equity firm New Mountain Capital, and...

    Olive AI to Divest Its Second Business Line; Plans to Focus on Health System RCM

    Healthcare automation service Olive AI is reportedly planning for the sell-off of its utilisation management service line.  Utilisation Management is the company's prior customer-facing authorisation...

    Kroger and Albertsons Cos. Zero in on Store Divestitures Amid Deal Review

    The Kroger Co. and Albertsons Companies Inc are still on track to divest 250 to 300 stores as part of their effort to dispel...

    Fujitsu to Divest Entire $1.1B Air Conditioning Unit Stake; Bloomberg

    Fujitsu Ltd., a leading Japanese global information and communication technology company, is reportedly divesting its stake in Fujitsu General Ltd.—the unit that manufactures cooling...