Divestment

RECENT NEWS
The Economic Times  Apr 15  Comment 
NBCC has rallied from levels as low as Rs 170-175 (The scrip now trades at Rs 920 level). So, some correction was warranted, points out Thakkar.
guardian.co.uk  Apr 14  Comment 
Whether you believe in climate change or not, there’s no denying the figures – taking your money out of oil, coal and gas makes good financial sense Continue reading...
Reuters  Apr 10  Comment 
REUTERS - U.S. stocks were poised to edge up at the open on Friday as investors lauded GE's decision to divest the bulk of its high-risk GE Capital business.
The Hindu Business Line  Apr 8  Comment 
The government's divestment programme got off to an electrifying start on Wednesday, with the 5 per cent stake sale in REC getting subscribed over five times. The retail interest was especi...
The Australian  Apr 7  Comment 
BHP Billiton spin-off South32 has addressed concerns that it was not doing enough to ensure the gender balance of its board.
Reuters  Apr 7  Comment 
The government has set the floor price for an up to $250 million share sale in state-run Rural Electrification Corp Ltd at 315 rupees apiece, kicking off its stake divestment programme for the fiscal year that started on April 1.




 

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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