BNET Business Dictionary
Business Definition for: Divestment
- the sale or closure of one or several businesses, or parts of a business. Divestment often takes place as part of a rationalization effort to cut costs or to enable an organization to concentrate on core business or competences, and may take the form of a management buy-out.
- the proportional or complete reduction in an ownership stake in an organization
Additional Resources
- Divestment Seen Through the Lens of International Business Strategy
- This paper deals with divestment, i.e. the closure or sell-off of units in foreign locations, or conversely units owned by foreign firms. Such actions are discussed from the perspective of the firms making such decisions, and divestment assessments are looked at through the lens of international business strategy. Based on...
- White papers 2003-11-06
- Sweden's Tele2 AB completes divestment of Tele2 Portugal
- NORDIC BUSINESS REPORT-11 September 2007-Sweden's Tele2 AB completes divestment of Tele2 PortugalC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Swedish-based European telecomms operator Tele2 AB said on Tuesday (11 September) that it has completed the divestment of its subsidiary Tele2 Portugal to Sonaecom. The total consideration was valued at EUR16m in...
- Research articles 2007-09-11
- ALTADIS : Imperial Tobacco Group PLC announces divestment of fine cut and pipe tobacco brands
- Imperial Tobacco Group PLC announces divestment of fine cut and pipe tobacco brands Imperial Tobacco Group PLC has agreed to divest a number of fine cut and pipe tobacco brands to Philip Morris International for a consideration of EUR 254 million. The divestment of a small number of...
- Research articles 2008-04-24
- American Jewish Congress Statement in Response to Episcopal Church Recommendation Against Divestment
- NEW YORK, Oct. 10 /U.S. Newswire/ -- Following is a statement by the American Jewish Congress in response to the Episcopal Church's recommendation against divestment: The American Jewish Congress lauds the Episcopal Church's Social Responsibility and Investment Committee recommendations against divestment from companies doing business with Israel, and the church's...
- Research articles 2005-10-10
- Completion of the divestment of coal-fired generating plant to Eastern Group plc and confirmation of payment of Special Dividend
- LONDON--BUSINESS WIRE--June 27, 1996-- National Power today completed the divestment of 4,000 MW of coal-fired generating plant (West Burton, Rugeley and Ironbridge power stations) to Eastern Group plc. The divestment fulfils the Company's undertaking to the Regulator to dispose of plant to create additional competition in generation. Completion...
- Research articles 1996-06-27
- Divestment, Entrepreneurial Incentives and the Decision to Go Public
- This paper develops a theory of the life cycle of the firm based on incentive constraints. The optimal sale of the firm is restricted by entrepreneurial moral hazard and a lack of commitment regarding future divestment. This leads to a dynamic inefficiency that causes the entrepreneur to delay and to...
- White papers 2002-05-01
- Divestment by Foreign-Based Companies: Portuguese Experiences
- Economic landscape is changing, as new players, with new business concepts and organizational designs, are gaining ground, and globalisation, trade liberalisation and regional integration are leading to a redefinition of the geographic location of economic activities. This process is inherently international, leading to company reconfiguration, in terms of value chains,...
- White papers 2005-09-16
- INDONESIAN GOVT ASKED TO POSTPONE INDOSAT DIVESTMENT.
- JAKARTA, Dec 30 Asia Pulse - The House of Representatives, by a letter dated 27 Dec 2002, has asked the government to postpone the divestment of its shares in publicly listed telecom firm PT Indosat (JSX:ISAT). JAKARTA, Dec 30 Asia Pulse - The House...
- Research articles 2002-12-30
- ExxonMobil completes divestment of Exxon assets.(in California, per consent decree)(Brief Article)(Statistical Data Included)
- In June, ExxonMobil Corporation, Irving, Texas, completed the divestment of Exxon refining and marketing assets and operations in California as required by the Federal Trade Commission's Consent Agreement, dated November 30, 1999, and the consent dec In June, ExxonMobil Corporation, Irving, Texas, completed the divestment...
- Research articles 2000-08-01
- ADL Calls On UC Administrators, Community To Reject Anti-Israel Divestment Campaign
- SAN FRANCISCO, June 4 /U.S. Newswire/ -- The Anti-Defamation League ADL today called on the University of California administration and community to reject a proposed anti-Israel divestment campaign. A press conference held today at UC-Berkeley, ostensiSAN FRANCISCO, June 4 /U.S. Newswire/ -- The Anti-Defamation League ADL today called on the...
- Research articles 2002-06-04
- Pepsi divestment decision reconsidered.
- Jul. 23--NEW DELHI -- In a move that could delay a decision of cola giant Pepsi's plea for exemption from mandatory divestment, the food processing ministry has decided to study the implication of such exemptions before taking a view on Pepsi's reque Jul. 23--NEW DELHI --...
- Research articles 2007-07-23
- DuPont Pharma Highlights Strong Pipeline, Portfolio.(DuPont Pharmaceuticals, divestment possibilities)(Brief Article)
- DUPONT PHARMACEUTICALS last week updated investors on the status of the sale of the business and highlighted the strengths of its product portfolio and pipeline. The company says the most likely course for the divestment will come from either a DuP DUPONT PHARMACEUTICALS last...
- Research articles 2001-04-16
- Students from Harvard, Tufts, Boston University Join with Anti- Slavery Group to Demand Divestment from Companies Operating in Sudan
- BOSTON, Feb. 24 /U.S. Newswire/ -- Student activists from across the Boston area are gathering on the steps of the Massachusetts State House to demand divestment from Sudan. A candlelight vigil organized by the American Anti-Slavery Group and featuring stBOSTON, Feb. 24 /U.S. Newswire/ -- Student activists from across the...
- Research articles 2005-02-24
- Antiperspirant and deodorant brands Right Guard, Soft & Dri and Dry Idea are to be acquired by The Dial Corporation--which is owned by the Henkel Group--following their divestment by Procter Gamble (P& G) after its merger with Gillette.
- ANTIPERSPIRANT AND deodorant brands Right Guard, Soft & Dri and Dry Idea are to be acquired by The Dial Corporation--which is owned by the Henkel Group--following their divestment by Procter Gamble (P& G) after its merger with Gillette. The p ANTIPERSPIRANT AND deodorant brands Right Guard,...
- Research articles 2006-02-24
- Deconstructing Divestment And Duke
- Firestone, Wayne The Jewish Week 12-17-2004 Much has been written about the Palestinian Solidarity Movement's Divestment from Israel Conference held recently at Duke University. In the conference's aftermath, we in the pro-Israel community must assess what transpired and place it in...
- Research articles 2004-12-17
- ACCC accepts divestment undertaking from DCA.
- M2 PRESSWIRE-17 September 2004-ACCC: ACCC accepts divestment undertaking from DCAC1994-2004 M2 COMMUNICATIONS LTD RDATE:09172004 Following the offer of divestment undertakings, the Australian Competition and Consumer Commission will not oppose DCA Group Limited's proposed acquisition of MIA Group Limited, ACCC Chairman, ...
- Research articles 2004-09-17
- Sudan Divestment Legislation Passes Texas House
- To: STATE EDITORSContact: Matt Welch of The Patriot Group, +1-512-477-6712, Matt.Welch@patriot-group.com, for The Sudan Divestment Task Force AUSTIN, Texas, May 15 /PRNewswire-USNewswire/ -- Senate Bill 247, the "Stop the Darfur Genocide Act", passed the Texas House of Representatives unanimously today. The bill has already cleared the Texas Senate and is...
- Research articles 2007-05-15
- Register Your Opposition to Divestment at Christian Science Monitor.
- Israel Faxx News Service The Christian Science Monitor, a national newspaper, has an online survey that asks readers the basic question of whether or not to support divestment from companies doing business in Israel. The poll is linked to a...
- Research articles 2004-12-10
- Saab's Divestment of Saab Space Finalized
- Saab's Divestment of Saab Space to the Swiss Aerospace and Defence Group RUAG is Now Completed STOCKHOLM, Sweden -- Regulatory News: Saab AB (STO:SAABB) divests 100 percent of the shares in Saab Space AB, including its subsidiary Austrian Aerospace, to the Swiss company RUAG Holding AG. All conditions...
- Research articles 2008-09-01
- Derlan Announces Divestment of Aircraft Seating Product Line
- TORONTO--BUSINESS WIRE--June 17, 1999-- Derlan Industries Limited (TSE:DRL.) announced today the closing of the divestment of the aircraft seating product line of Santa Ana, California to ERDA, Inc. of Peshtigo, Wisconsin. This is a further step in Derlan's divestment program announced in November 1998. Negotiations for further...
- Research articles 1999-06-17
