Summary: Eversheds' Streamlining for Success research reveals that divestments
are moving to the fore of M&A plans, as companies seek to streamline their operations and focus capital resources in their core businesses
will be a core component of companies capital strategy in the next year as management teams address pressure to improve portfolio performance and shareholder returns, according to EY s Global Corporate Divestment
Study, Closing the deal: strategies to increase speed and value.
According to the company, the final purchase price, and consequent final earnings impact, will be determined in conjunction with completion of the divestments
to Egmont and ICA-handlarnas Forbund, preliminarily scheduled for the beginning of October 2014.
The group's growth in net sales during the first half of 2012, excluding exchange rate effects and divestments
, was 4%.
IP believes that the most of the divestments
can be achieved by the middle of next year, although it could take until the end of 2007 to offload the forest holdings and associated wood products lines.
I think we've learned the power of sanctions, divestments
and so on in the South African situation.
commented on in the report refer to the formation of a joint venture in Australia/New Zealand through the sale of 50% of the shares and deconsolidation of the operations from the start of the year, and to the divestment
of Aylesford Newsprint, which is deconsolidated as from the start of the fourth quarter.
Government receives OFT s recommendations in report on Lloyds Banking Group and Royal Bank of Scotland divestments
3m in 2010 and were related to capital gains from divestments
of businesses and real estate, impairment write-downs in several businesses as well as restructuring costs.
It focusses on IOCs efforts to amass lucrative E&P assets using the proceeds of divestments
Business Restructuring in International Oil Companies (IOCs) - Increasing Focus on Upstream Business With Spin-Offs and Divestitures in Downstream Operations, is the latest report from GlobalData analyzing the recent divestments
and spin-offs by integrated oil companies in the oil and gas industry.
CEO Jan Astrom: "We can strengthen our market positions considerably through strategic investments, selective acquisitions and divestments
within the framework of our business areas.