Divesture


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Di`ves´ture


n.1.Divestiture.
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5m divesture of its operations in JyvAaAaAeAnskylAaAaAeAn, Finl
According to Covestro president, Jerry MacCleary, the divesture of the SPF business will allow Covestro to focus on its core assets such as polymers and high performance plastics.
In its divesture order, the DOJ explained that without the mandated sales, the prices for broadcast television spot advertising and the retransmission fees charged to cable and satellite providers "would likely increase" in the six DMAs singled out by the Justice Department.
The divesture of Jennmar's European operations, which includes Jennmar Spain, Jennmar MultiTex in the Czech Republic, Jennmar Merol in Poland, is now complete.
Teledyne said the divesture is consistent with its "ongoing evolution and focus on high-technology, proprietary engineered products.
This latest transaction completes the EUR 358m divesture of VTG shares previously held by WL Ross.
The sale of the assets completes the asset divesture directives in line with the mitigation measures required by a Dec 2014 Federal Energy Regulatory Commission (FERC) order that allowed to form Talen Energy.
Recent divesture from Franchise creates new brand but Buyer does not need to keep name or concept.
RIMCO was a small part of Aaron's business, with annual revenues of approximately USD20 million, and this divesture will enable us to further focus efforts on improving the financial performance of our Aaron's and HomeSmart stores.
15 December 2010 - Nomura today retained its "neutral" recommendation on German engineering group Siemens AG (ETR:SIE) and kept the share price target at EUR 72 after the announced divesture of its IT services division.
Still, the economy's impact on members and credit union operations has led some to rethink their relationships including divesture in cases where CUSOs are financially risky or visions and management structures have changed.
Keywords: Portfolio restructuring * Divesture * Asset expansion * Corporate governance * Stakeholder influence * Japan