Type: sale

Stan Kroenke's acquisition of the Los Angeles Angels for $4 billion sets a new record for MLB team valuations, reflecting a significant increase in the overall market value of Major League Baseball franchises.

The U.S. government sold the seized megayacht Amadea for $187 million to Abbas Sajwani, a Dubai billionaire with connections to the Trump Organization, marking a significant transaction in the luxury yacht market amid rising demand for high-end vessels.

The Indian government's decision to sell up to a 6.5% stake in Life Insurance Corporation of India at a 10% discount is significant as it aims to comply with regulatory requirements while raising up to $3.3 billion.

A leather jacket worn by Nvidia CEO Jensen Huang sold for $960,000 at a Sotheby's auction, significantly exceeding its estimated value and highlighting the growing interest in collectibles linked to the AI sector.

Singtel has divested 2.8% of its stake in Gulf Development for approximately S$1 billion to fund new investments, particularly in AI and data centers, while maintaining a significant stake in the company.

Yum Brands is divesting Pizza Hut for approximately $2.7 billion, a move aimed at maximizing shareholder value and addressing the chain's ongoing struggles in the competitive pizza market.