asset stripping

(redirected from Asset Strippers)
Also found in: Financial.

asset stripping

The practice of buying a large company with the intention of breaking up its component businesses and selling them individually.
References in periodicals archive ?
But Melrose, branded asset strippers by critics, claim they can make investors more money.
It's no wonder this government fails to tackle asset strippers like Sir Philip Green when they do the same, selling assets and letting us be ripped off.
There must be no truck with asset strippers or organisations that want to cherry pick the immediately more promising parts of the business and leave the rest to sink.
He said: "We cannot have a situation where asset strippers can toy with workers so that thousands lose their jobs with no warning while the management were able to make plans.
Clearly that is too late and the business will have been smashed to pieces by then as the asset strippers hover like vultures over the corpse.
All accessories and products for surface preparation such as asset strippers, coated filler, finish coatings, sealants, caulking products for joints and cracks, sandpaper, tarpaulins for protection, masking tapes etc.
Phil Davies, of the GMB union, said the union recognised the move as a breakthrough, but urged its supporters to view it with caution, claiming: "This could invite asset strippers into the bidding process".
In pursuit of headlines, politicians have rediscovered old terms of abuse - boardroom cronies, fat cattery, asset strippers.
It's not exactly clear, but his talk of Predators vs Producers seems to be hinting at a society that values wealth creators as opposed to wealth gamblers and asset strippers.
England's most successful football club is slowly being drained by the greed of two American asset strippers and this is having a negative impact on regeneration projects for the whole area.
What Teesside does not want is for the company to fall into the hands of asset strippers.