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DIVESTITURE
Lockheed to sell part of energy business, sharpen platform focus — Washington Technology
M&A Lockheed to sell part of energy business, sharpen platform focus By Ross Wilkers Oct 23, 2019 Lockheed Martin said Wednesday it has agreed to sell a part of its energy line of business to global consulting and engineering company TRC Companies. TRC will purchase Lockheed’s Distributed Energy Solutions group also known as …
China’s Anbang to offload health insurance unit as government speeds up asset sales
BEIJING (Reuters) – China’s Anbang Insurance Group said it will sell its entire stake in a health insurance unit as Beijing speeds up asset disposals at the troubled government-controlled insurance conglomerate. FILE PHOTO – A general view shows the headquarters of Anbang Insurance Group in Beijing, China, February 23, 2018. REUTERS/Thomas Peter Anbang said it …
