In this study, we focus on an important subset of portfolio restructuring activities: namely, asset divesture
and asset expansion restructuring.
Rhodia added that the operation forms part of the divesture
of non-strategic activities being pursued by the group, which wants to consolidate its business portfolio.
This decision comes in conjunction with International Paper's previously announced $3 billion divesture
program to sell assets.
If completed in 1998, the MedCenters sale would be the second large divesture
by UniHealth in two years.
In its concerted effort to reduce credit risks, General Electric Company (NYSE: GE Free Report) is planning to shrink its finance business by 2015 through the divesture
of its North American consumer lending unit.
means Foremost, which is one of the largest co-operatives in the US, will focus on its butter, cheese and dairy ingredients segments.
received $300 million in cash, a $25 million subordinated note and preferred stock in the sale of its Aluminum Products segment, a divesture
it has been planning since November 2007.
The ratings reflect the planned divesture
of the healthcare business.
In its complaint and related public statements to the media and investors, Eastman contends that recent changes made by Westlake to the pipeline tariff and the terms and conditions of the pipeline usage, cost and service, were made to delay the divesture
of some of Eastman's ethylene cracking units and would also impact its production capacity in Longview, Texas.
Under a program called "Plan to Win," Metaldyne has performed a product review and determined that the divesture
of some of its automotive manufacturers, including metalcasters, will streamline its cost structure and improve overall performance.
of Berkshire Mortgage is consistent with our long-term strategy of creating new businesses, growing those business to be market leaders and creating significant value for our equity holders," said Douglas Krupp, chairman of The Berkshire Group.
TRI expects the divesture
to be completed before the end of the year.