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Ingevity announces agreement to sell North Charleston crude tall oil refinery and majority of Industrial Specialties product line to Mainstream Pine Products 

(IGT) NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity announces agreement to sell North Charleston CTO refinery and majority of Industrial Specialties product line to Mainstream Pine Products.

Will the divestiture change Ingevity's strategic focus or lead to further asset reallocation within the industrial specialties segment? What valuation multiples and premiums is Mainstream Pine Products offering for the refinery and product line? How will the sale of the North Charleston CTO refinery affect Ingevity's future cash flows and earnings guidance?
Mergers
3 days ago
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IGT PlaySports and Corporación Caliente Team Up to Offer World-Class Retail Sports Betting Across Mexico and Latin America

Multi-year technology and services agreement will yield 42 IGT PlaySports-powered retail sportsbooks across Mexico and more than 100 additional IGT PlaySports-powered venues in Latin America LAS VE...

How might this deal affect IGT's valuation multiples relative to peers in the gaming and sports betting industry? What is the potential upside or downside for IGT's stock price based on market expectations for this Latin American expansion? Are there any performance milestones or revenue sharing terms tied to the number of venues that could affect future financial results?
Partnership
about 1 month ago
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