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Divestment |
The Economic Times
May 17
Comment
Tata Sons has cancelled their offer for sale (OFS) for Tata Teleservices (Maharashtra) following tepid response from investors.
Bankstocks.com
May 16
Comment
A 20-fold gain in just six months for an Ocwen spin-off has investors salivating at the prospect of a similar deal.
The Australian
May 12
Comment
MORE than two-thirds of Australians would recycle food scraps if the right ways and means were available, according to a study.
The Hindu Business Line
May 10
Comment
The Government of West Bengal has invited expressions of interest for disinvestment of its entire shareholding in Haldia Petrochemicals Ltd (HPL). The State Government currently holds 39.99 per ce...
Wall Street Journal
May 9
Comment
Apache Corp. said it would seek to sell $4 billion in assets this year, doubling its divestiture program as the U.S. oil-and-gas company tries to pay down debt and boost its stock price.
Reuters
May 9
Comment
REUTERS - Rupert Murdoch's News Corp reported quarterly earnings that beat Wall Street expectations, aided by growth at its cable networks, and said it is on track to split off its slow-growing publishing business by the end of June.
Reuters
May 8
Comment
Rupert Murdoch's News Corp reported quarterly earnings that beat Wall Street expectations, aided by growth at its cable networks, and said it is on track to split off its slow-growing publishing business by the end of June.
StreetInsider.com
May 1
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Valero+Energy+%28VLO%29+Completes+Spin-Off+of+CST+Brands/8293390.html for the full story.
StreetInsider.com
Apr 29
Comment
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Kodak+%28EKDKQ%29+Enters+Settlement+with+KPP%3B+Will+Spin-Off+Two+Imaging+Businesses/8284475.html for the full story.
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WIKI ANALYSIS| This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. |
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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