Divestment

RECENT NEWS
Forbes  Oct 17  Comment 
A push by U.S.-led "divestment" activists targeting the Australian resources sector ran off the rails earlier today.
Reuters  Oct 16  Comment 
BHP Billiton said on Thursday it would list a proposed spin-off company comprised of unwanted businesses on the London Stock Exchange as well as in Australia, responding to pressure from some investors.
SeekingAlpha  Oct 15  Comment 
By Lester Goh: A word on the spin-off In my recent article, I examined Automatic Data Processing's (NASDAQ:ADP) decision to spin-off its dealer services division. Despite disagreement from Moody's, one of the top credit rating agencies, I...
WA Business News  Oct 15  Comment 
Prime Minister Tony Abbott has blasted the Australian National University's "stupid decision" to get rid of its fossil fuels share portfolio.
Benzinga  Oct 14  Comment 
Retrophin, Inc. (NASDAQ: RTRX) today announced that it has reached an agreement to divest non-core assets ketamine, Syntocinon Nasal Spray® (oxytocin), and Vecamyl® (mecamylamine HCI tablets) to Turing Pharmaceuticals. Under the terms of the...
Reuters  Oct 13  Comment 
Israel Corp will list a company comprising some of its less profitable assets in Tel Aviv and New York and inject about $100 million into the business, it said on Monday.
The Australian  Oct 12  Comment 
AS bankers line up to secure a role for a potential sale of APN News & Media’s NZ assets, sceptics are questioning just how much interest there will be.
StreetInsider.com  Oct 10  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Compuware+%28CPER%29+Reports+Spin-Off+of+Covisint+%28COVS%29/9903442.html for the full story.
newratings.com  Oct 8  Comment 
HOPKINTON (dpa-AFX) - Elliott Management Corp. sent a letter to the Board of Directors of EMC Corp. (EMC) detailing its recommendations on the right path forward for EMC. Elliott believes that EMC's Federation structure obscures enormous...




 

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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