asset-stripping

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asset-stripping

n
(Commerce) commerce the practice of taking over a failing company at a low price and then selling the assets piecemeal before closing the company down
ˈasset-ˌstripper n
Translations

asset-stripping

nAsset-Stripping nt, Aufkauf von finanziell gefährdeten Firmen und anschließender Verkauf ihrer Vermögenswerte
References in periodicals archive ?
He seems to regard Britain with the voracious eyes of an asset-stripper - as a country ripe for exploitation once we have left the EU.
PRESSURE is mounting on the Government to intervene in the proposed PS7.4bn takeover of engineering giant GKN, with unions warning that bidder Melrose is an "asset-stripper".
No rock stars, and certainly no-one who had climbed the social dung heap to be branded by MPs as a spiv and unprincipled asset-stripper.
The Westminster veteran said of the retail billionaire: "He was and is a very successful traditional asset-stripper."
He will then begin an advertising blitz crafted to persuade voters he is likeable and wise rather than the ruthless asset-stripper of Democratic caricature.
He said the husband, an entrepreneur described by his wife as an "asset-stripper", was no longer challenging the High Court judge's "adverse findings" about his honesty.
And everyone at Longbridge knows that BMW would never have been able to get away with keeping their German workforce in the dark about plans to sell a major plant to an asset-stripper.
He seems to regard Britain with the voracious eyes of an asset-stripper - as a country which will be ripe for exploitation once it has left the EU.
Shares in takeover target GKN took a turn for the worse as pressure mounts on the Government to kill off the proposed PS7.4bn bid by Melrose, amid warnings that the bidder is an "asset-stripper".
FURIOUS MPs yesterday demanded that billionaire BHS asset-stripper Philip Green is stripped of his knighthood.
Steve Richards, the only black boy in the school, now an industrial research chemist, is threatened by racists in Telford, but his nemesis will be the professional asset-stripper who will close down his company's R&D department before moving on with a golden handshake.
But Mr Platts says: "Recent acquisitions have shown he is not an asset-stripper.