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Groupon may divest 4 businesses: analyst

Published Mon, Apr 13, 2015 · 09:50 PM

Portland

GROUPON Inc could divest four businesses in the next two years, netting as much as US$730 million, to raise cash as it expands into an e-commerce marketplace, according to Gene Munster, an analyst at Piper Jaffray Cos.

Groupon has a market value of about US$5 billion, though it should be closer to US$6…

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Companies & Markets

Groupon may divest 4 businesses: analyst

Consumer & Healthcare

Sony deal for Paramount would draw added regulatory scrutiny

Lululemon to shutter Washington distribution center, lay off 128 employees

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

P&G raises annual core profit forecast on resilient demand, price hikes

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

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