divestment News

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• Senate Committee Advances Legislation to Ban Institutional Investors From Single Family Housing Market

  Published: Mar 4, 2026

  Section: Property Investment

  The United States Senate Banking Committee has approved a bill that would prohibit hedge funds and large institutional investors from owning single family homes. The legislation ma...

• White House Weighs Forced Divestment of Tencent Gaming Assets Amid Escalating National Security Data Concerns

  Published: Mar 4, 2026

  Section: Online Gaming

  The Trump administration is reportedly considering a mandate for Chinese conglomerate Tencent to sell its significant stakes in major American gaming companies. This move stems fro...

• Nedbank Forecasts Substantial Earnings Decline Following R1.8 Billion Divestiture of International Operations

  Published: Feb 28, 2026

  Section: Global Economy

  Nedbank Group has notified shareholders of an expected decline in headline earnings for the upcoming financial period. This fiscal shift follows the strategic sale of its internati...

• Libstar Realignment Follows Loss of Key Denny Mushrooms Production Hub to Suspected Arson

  Published: Feb 15, 2026

  Section: Business & Economy

  Libstar Holdings has officially divested its fresh mushroom operations at a loss of up to R55 million, a strategic pivot accelerated by the permanent closure of the Denny Mushrooms...