Intel Corporation continues its active efforts to reallocate resources and focus on its key business areas. On Monday, the company announced the sale of 51% of its programmable chip division, Altera, to private investment firm Silver Lake Management. The deal is valued at $4.46 billion, placing the full business valuation at $8.75 billion.
Singapore's sovereign investment company, Temasek Holdings Pte, is considering selling Element Materials Technology, a UK-based testing company. If this transaction occurs, it could significantly influence the market and reshape the scenario for both entities involved.
European online company Adevinta ASA $ADEVY is actively finalizing negotiations to sell its stake in the Austrian digital marketplace Willhaben. The involvement of heavyweight investment firms such as Blackstone Inc. $BX and Permira highlights the significance of this event for both the asset and the market as a whole.