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 ?
"Owners are coming into clubs and just asset-stripping them for their own benefit and destroying them, which is a disgrace."
But instead it was accused of ruining thousands of livelihoods through allegedly asset-stripping to shore up the bank's balance sheet.
"We have mentioned on a number of occasions this concern we have about asset-stripping and we are still finding this going on.
In the House of Commons, Lucas said that Macquarie had "a dismal and terrible environmental record" and "an appalling track record of asset-stripping".
The letter accuses health chiefs of 'asset-stripping' Huddersfield's NHS economy and putting the emergency care unit in the wrong town.
CARDIFF CITY chairman Mehmet Dalman has dismissed suggestions Vincent Tan is not committed to the Bluebirds any more and says claims of 'asset-stripping' anger him.
Summary: Ex-billionaire tycoon Sean Quinn has been jailed for nine-weeks over his role in a multi-million euro asset-stripping plot.
Antonov was arrested in London in connection with an asset-stripping probe at Lithuania's Snoras Bank.
"And I think we should be using the castle and the Zurbarans as a source of regeneration for the town and that the Church Commissioners' idea of asset-stripping is wholly negative."
The MP said: "I think we should be using the castle and the Zurbarans as a source of regeneration for the town and that the Church Commissioners' idea of asset-stripping is wholly negative."
ARSENE WENGER wants to see the introduction of stringent rules to prevent clubs falling into the hands of asset-stripping owners.
"Davvies" fell victim to 1980s-style asset-stripping when it was bought by Greenall Whitley who promptly closed the brewery and sold off the Bath Row site for redevelopment.