Divestment

RECENT NEWS
The Australian  Mar 4  Comment 
CHINA Hanking Mining is planning a spin-off of its Australian gold assets into a new ASX-listed vehicle that could be worth about $200m.
Wall Street Journal  Mar 2  Comment 
Brazil’s state-run oil firm said it would sell about $13.7 billion in assets in 2015 and 2016, a sharp increase from a previously announced divestment plan, as it continues to slim down in the wake of a vast corruption scandal.
The Hindu Business Line  Feb 28  Comment 
Finance Minister Arun Jaitley does not seem to be fazed by past failures to achieve targets given that he has projected capital receipts of ₹69,500 crore from disinvestment. This includes ₹41,000 c...
Yahoo  Feb 26  Comment 
Fiat Chrysler Automobiles (FCA) (FCAU.N) Chief Executive Sergio Marchionne has increased his voting stake in the carmaker to nearly 1 percent after benefiting from a stock grant plan, just as the company readies to spin off luxury brand Ferrari....
WA Business News  Feb 24  Comment 
A Curtin University spin-off company has been awarded $5.2 million in a federal grant to develop a biofuel project that has the potential to reduce diesel costs in rural areas.




 

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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