divestiture

Etsy’s stock rose after selling its fashion resale app Depop to eBay for $1.2 billion, signaling a focus on its core marketplace. While Q4 earnings beat expectations, revenue and gross merchandise sales slightly missed targets, partly due to a prior divestiture. The Depop sale aims to streamline operations, while eBay enhances its presence in the growing fashion resale market. Etsy’s active seller base grew, though active buyers saw a minor dip. Future GMS guidance indicates a cautious outlook.

Ovintiv is selling its Anadarko assets in Oklahoma for $3 billion to an undisclosed buyer. This move, covering roughly 360,000 acres and producing 90,000 barrels of oil equivalent daily, allows Ovintiv to streamline its portfolio, reduce debt, and focus on premium North American acreage like the Permian and Montney. The deal is expected to close in early Q2 2026.

Ecovyst Inc. has sold its Advanced Materials & Catalysts segment to Technip Energies for approximately $530 million. This move significantly reduces Ecovyst’s debt and enhances its financial flexibility, allowing a sharper focus on its core Ecoservices business. Technip Energies gains a leader in catalysts and advanced materials, complementing its engineering and technology offerings to create a more comprehensive solution for clients in the energy and chemical industries.

Matthews International has divested its Warehouse Automation division to Duravant for $232.1 million. This strategic sale, closing December 31, 2025, will significantly reduce Matthews’ debt, supporting its goal of a 2.5x net leverage ratio. The company will now concentrate on its core Industrial Technologies and Memorialization segments, aiming to enhance shareholder value through disciplined capital allocation and ongoing portfolio review.

Fluor Corporation is selling its Zhuhai fabrication yard in China to COOEC for approximately $122 million. This move allows Fluor to optimize its asset portfolio, focus on core EPC services, and retain access to fabrication capacity through a deal with COOEC. The transaction aligns with Fluor’s strategy of enhancing operational efficiency and financial flexibility.

Evotec SE has entered a non-binding agreement with Sandoz AG for the potential sale of its Just – Evotec Biolog

**Summary:**
Hyperscale Data (NYSE: GPUS) achieved 36 consecutive monthly dividend payments for its 13% Series D Preferred Stock ($0.270833 monthly per share). Management reaffirmed commitment to these distributions. The company is strategically pivoting to focus solely on data center operations via subsidiary Sentinum. It will spin off its subsidiary Ault Capital Group (involving lending, AI software, etc.) by December 2025, with Series F holders eligible to exchange shares. Bitcoin mining may continue within Sentinum.