Divestment

RECENT NEWS
guardian.co.uk  Jul 30  Comment 
Profits at British arm rise 67% but long-mooted flotation not expected in the next two years, says CEO The spin-off of Spanish bank Santander’s UK arm has been pushed back for a number of years, the CEO of the British operation has...
The Economic Times  Jul 29  Comment 
The divestment target is pegged at Rs 69,500 crore for this fiscal year, two-thirds of which will be through stake sales in public sector companies.
newratings.com  Jul 28  Comment 
WASHINGTON (dpa-AFX) - Supervalu, Inc. (SVU) Tuesday reported an increase in profit for the first quarter, as revenues increased and margins improved, with both earnings and revenues trumping estimates. Shares of the grocery retailer surged...
The Economic Times  Jul 24  Comment 
This is a far cry from the situation that existed a few years ago when these banks used to fall over each other and local rivals for mandates.
Reuters  Jul 24  Comment 
NEW YORK, July 24 (IFR) - Exterran withdrew a high-yield bond offering on Friday and said a related spin-off of its international services business would be delayed due to "adverse market conditions".
The Economic Times  Jul 23  Comment 
FinMin is seeking support of embassies to draw investors for its disinvestment plan that has moved 4 months into current financial yr.
The Australian  Jul 22  Comment 
The first detailed look under the hood of South32 has revealed the deep challenges within some of its business units.




 

Divestment

Divestment is the reduction of an asset held by a company. Often divesment is used as a means to grow financially in which a company sells off a business unit in order to focus their resources on a market it judges to have more growth or profit potential. Sometimes, divestment is used to create a spin-off, in which one division of the original company becomes an indepedent firm or a subsidiary of the parent company.

Spin-outs occur when the equity owners of the parent company receive equity stakes in the newly spun out company.

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