asset stripping


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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 ?
2 billion granted the telecom company by the banks, the Central Bank of Nigeria (CBN) on Friday, June 23, 2017 said the apex Bank and the Nigeria Communications Commission (NCC) decided to intervene in the crisis in order to prevent job losses and asset stripping.
Following its sale for PS1 the retail trade tycoon will undoubtedly hate being accused of asset stripping as MPs tear into the "have yacht" member of an unbelievably wealthy elite.
Tata Steel said this week it was exploring "all options for portfolio restructuring" including the potential whole or broken up and sold in parts, leading to fears of asset stripping and merging of resources and teams.
Tuesday, 4pm, Cabinet: To consider specialist provision for disabled children; asset stripping of land and buildings; plus financial reports.
Greatrex tried and failed to coax David Cameron into condemning Klesch's asset stripping.
We are all aware that when mergers take place in the world of business they are frequently followed by asset stripping.
Stranglehold is nothing new THE SNP controlled Scottish Government is asset stripping Aberdeen to the tune of PS13m.
The closures seem to me suspiciously like asset stripping.
Do we see a conspiracy here of Liverpool asset stripping Wirral?
Hedge fund talks drew to a close after a fractious 18 months as a special review clause for private equity was inserted into the Commission's draft directive on alternative investment fund managers (COM(2009)207), placating MEPs nervous about asset stripping by fund managers.
This is the biggest piece of community asset stripping I have seen proposed for a very long time, and it cannot be allowed to go ahead.
Instead it had allowed the group to slip into scandal, abuse and asset stripping.