Divestment

RECENT NEWS
SeekingAlpha  Dec 6  Comment 
The Australian  Dec 6  Comment 
Origin’s Frank Calabria has revealed he plans to pay off up to $2 billion in debt by spinning off gas and oil assets.
WA Business News  Dec 6  Comment 
Reuters  Dec 5  Comment 
* Hilton Board of Directors approves spin-off of Park Hotels & Resorts and Hilton Grand Vacations
Reuters  Dec 1  Comment 
* OSG completes spin-off of its international business, International Seaways Source text for Eikon: Further company coverage:
The Economic Times  Nov 30  Comment 
Tata Power is now confident of closing the deal by the end of the current quarter, payment may be deferred for it as the buyer struggles with muted cash flows.
Reuters  Nov 25  Comment 
Royal Dutch Shell is in advanced talks with a party interested in buying its onshore operations in Gabon as part of a $30 billion divestment plan following its purchase of...
The Hindu Business Line  Nov 22  Comment 
Business conditions continue to remain challenging, says L&T Group CFO




 

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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