Deal Dispatch: Britney Spears Sells, Humana Eyes MaxHealth, Mercedes Spins Off Stake

New On The Block

• Mercedes-Benz Group AGplans to sell part of its 35% stake inDaimler Truck Holding AGto raise funds, with the stake valued at around €12 billion ($14.2 billion). Proceeds will be returned to shareholders, and details of the sale will be provided in May. Despite the cash infusion, Mercedes-Benz is bracing for a tough year. Margins will likely stay flat due to trade tensions and stiff competition in China.

• Baker Hughes Co. is considering selling its Waygate Technologies unit, which provides industrial testing and inspection equipment. The sale could be worth around $1.5 billion and is expected...