Khazanah Nasional Bhd's divestment
of its 40 per cent stake in Malaysian Shoaiba Consortium Sdn Bhd will allow the sovereign wealth fund to exit the consortium with a healthy profit at a value based on future cash flows of the project.
According to the company, following these divestments
, it now focuses on two Internet businesses in which it intends to acquire or consolidate a leading position.
Eversheds' study suggests that changes in the commercial and regulatory landscape have made deals less certain and more complex, with divestments
taking longer to complete -- with most companies spending on average three to six months on a routine deal, increasing to one to two years for larger deals.
NORDIC BUSINESS REPORT-February 3, 2015-SSAB divests Plannja Oy in Finland as a part of divestment
remedies under its combination with Rautaruukki
Dow has so far finalised divestments
that have brought in a total of USD1.3bn and the proceeds from the programme are now projected to be closer to USD6bn, the company said.
presidents -- is the largest yet to endorse divestment
at a churchwide convention, and the vote follows a decade of debate -- and a close call at the assembly two years ago, when divestment
failed by only two votes.
23 January 2014 - Eighty percent of executives that based divestment
decisions on a strategic portfolio review saw an increase in value according to a new report from professional services firm EY.
Compared with second quarter 2011, net sales for the second quarter 2012 decreased by 1% (increased by 2% excluding exchange rate effects and divestments
) to SEK 20.27 million ($3.02 million).
British broker KBC Peel Hunt and re-insurer Secura are also among the potential divestments
, the paper said.
Six operating units are also set to go as part of a divestment
initiative, reducing the company's paper and board capacity by 530,000 metric tons/yr, pulp capacity by 305,000 metric tons/yr and sawing capacity by 340,000 m3.
A well-known Palestinian theologian has urged Canadian churches to follow the lead of the Presbyterian Church in America, which voted recently for a selective divestment
Compared with the first quarter 2018, Integrated Gas production is expected to decrease by some 140 - 170 thousand boe/d, mainly due to divestments
, the transfer of some activities into the Upstream segment as of 2019 and higher maintenance activities.