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Divesture

   Also found in: Legal, Financial, Encyclopedia 0.01 sec.
Di`ves´ture
n.1.Divestiture.


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According to a press release issued by GF, the divesture is part of a broad-based restructuring in which the company will attempt to cut its total costs by more than $3.
Keywords: Portfolio restructuring * Divesture * Asset expansion * Corporate governance * Stakeholder influence * Japan ********** Introduction Corporate restructuring is an action that alters the structure, composition or orientation of a firm in response to changing external environments or altered internal organizational conditions (Bowman/Singh 1993, Kang/Shivdasani 1997).
The divesture means Foremost, which is one of the largest co-operatives in the US, will focus on its butter, cheese and dairy ingredients segments.
 
 
 
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