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asset-stripping
(redirected from asset-stripper)

   Also found in: Encyclopedia 0.01 sec.
asset-stripping
n
(Business / Commerce) Commerce the practice of taking over a failing company at a low price and then selling the assets piecemeal
asset-stripper  n
Translations
asset-stripping
nAsset-Stripping nt, Aufkauf von finanziell gefährdeten Firmen und anschließender Verkauf ihrer Vermögenswerte


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He warned he had discussed LDV's future with Russian owners and Swedish managers - but was now in talks with Chinese asset-strippers.
Let's not forget that the previous board tried for months to get the Treasury to agree to a more reasonable timescale for repayment of loans, and that the increased repossessions, people being forced to seek more expensive mortgages elsewhere, and redundancies are the direct result of the demands of the Treasury and the appointment of their asset-strippers as the new board.
And as for Mr Ellis saying he is worried about asset-strippers, he has been doing just the same thing and claiming he is a genius.
 
 
 
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