Bhavna Kaul

Breaking news By Bhavna Kaul, Georgina Barnard Cyanco Holding Corporation, the Sugar Land, Texas-based producer of sodium cyanide, has mandated Morgan Stanley to explore a sale, five sources familiar with the situation said. The sale process is at an early stage, some of the sources said, noting that the seller is expected to conduct a narrow sale process. Financial materials have not been distributed to prospective suitors yet, the same sources said.

Public By Richard Tekneci, Diane Alter, Bhavna Kaul L3Harris Technologies [NYSE:LHX], the aerospace and defense company, is expected to look at further asset sales after the divestiture of its avionics business, an effort which is at an advanced stage, said three sources familiar with the matter. Two of the sources said L3Harris continues to look at rejiggering its segments and this will likely lead to more divests of businesses that may not fit.

Breaking news By Dane Hamilton, Deborah Balshem , Bhavna Kaul Healthcare Outcomes Performance Co. (HOPCo), a doctor management group focused on musculoskeletal and orthopedic care, has appointed Houlihan Lokey to explore a sale, according to multiple sources familiar with the matter. HOPCo, which is jointly held by Linden Capital and Audax Private Equity, generates between USD 80m and USD 90m in EBITDA, four of the sources said.