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BNET Business Dictionary
- 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...
- Divestment definition on BNET »
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- This Tracker Covers Merger And Acquisition Activity Globally In The Wealth Management Space.
- M2 PRESSWIRE-20 March 2008-Research and Markets: This Tracker Covers Merger And Acquisition Activity Globally In The Wealth Management SpaceC1994-2008 M2 COMMUNICATIONS LTD RDATE:20032008 Dublin - Research and Markets (http://www.researchandmarkets.com/reports/c86459) has announced the addition of "M&A, Partnerships and Organic...
- Research articles 2008-03-20
- This Tracker Covers Merger and Acquisition Activity Globally in the Wealth Management Space
- DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c86458) has announced the addition of "M&A, Partnerships and Organic Growth in Wealth Management, Q4 2007" to their offering. This tracker covers merger/acquisition activity globally in the wealth management space. It also highlights the strategic partnerships, and expansion or contraction of existing businesses....
- Research articles 2008-03-20
- Elmer Smith | Can 'Philadelphia Model' stop Darfur genocide?
- THEY THROW a rock and hide their hands. But there is no mystery about who supports and sponsors the ongoing genocide in Darfur.Sudanese President Omar Al Bashir claims he has no control over the government-trained Arab militia men known as the Janjaweed even as their murderous raids are supported by...
- Research articles 2007-10-26
- FEDERAL LEGISLATIVE REVIEW
- The fall has been a time for examining many areas of interest to those in the public sector world of pensions and benefits. Over the past two months, House Ways and Means Committee Chairman Charlie Rangel (D-New York) requested comments on the Pension Protection Act PPA of 2006 technical corrections...
- Research articles 2007-09-01
- Bill would force pension funds to sell off investments with ties to Iran
- Assemblyman Joel Anderson, R-El Cajon, has proposed legislation to sever the state,s two employee pension funds from companies that do business with Iran. AB 221--approved by the Assembly 75-0--would pull money invested by the California Public Employees' Retirement System and California State Teachers' Retirement System from foreign-owned companies involved...
- Research articles 2007-06-25
- US fund sells stake in Korean Exchange Bank
- SEOUL AFP — US private fund Lone Star, bogged down in legal wrangling with the government, has sold a 13.6-percent stake in Korea Exchange Bank, South Korea's fifth-largest lender, for some 1.3 billion dollars, market sources and officials said Friday. The stake sale will reduce the Dallas-based fund's holding...
- Research articles 2007-06-22
- Texas Governor to Join Lawmakers, Celebrities, and Activists in Signing Legislation to Help Stop Genocide in Sudan
- To: FOREIGN EDITORSContact: Adam Sterling of Sudan Divestment Task Force, +1-310-500- 7776, info@sudandivestment.org HOUSTON, June 20 /PRNewswire/ -- What: Texas Governor Rick Perry will hold a public signing for Senate Bill 247, a targeted divestment bill which will divest the Employees Retirement System of Texas and the State Teachers...
- Research articles 2007-06-20
- Nokia negotiates divestment of its Automotive Business
- NORDIC BUSINESS REPORT-28 January 2008-Nokia negotiates divestment of its Automotive BusinessC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
- Research articles 2008-01-28
- Trio to sell Medibank.
- Byline: Fleur Anderson May 06, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Australian Finance Minister Nick Minchin has selected three investment banks to oversee the sale of Medibank Private in 2008. Minchin announced that Credit Suisse, ABN Amro Rothschild and Goldman...
- Research articles 2007-05-06
- Iowa Passes Sudan Divestment Legislation
- To: FOREIGN EDITORSContact: Kula Koenig of Genocide Intervention Network, +1-202-481- 8220, kkoenig@genocideintervention.net DES MOINES, Iowa, April 5 /PRNewswire-USNewswire/ -- Today, Iowa Governor Chet Culver signed Senate File 361, a targeted divestment bill requiring the state to divest from companies that support the government of Sudan, which has been accused of...
- Research articles 2007-04-05
- Some investors want money out of Sudan
- When mutual fund investor Eric Cohen discovered in September that Fidelity Investments owned a big stake in PetroChina, which has an oil project in war-torn Sudan, he and two friends started FidelityOutOfSudan.com. Their aim: to push the Boston-based fund giant to sell stocks of some companies that do business in...
- Research articles 2007-03-21
- Gas giant Linde sees profits more than triple in 2006
- WIESBADEN, Germany AFP — German industrial gas giant Linde said Friday that bottom-line profits more than trebled last year, thanks to windfall gains from divestments, but also to a strong underlying performance. Linde said in a statement it booked net profit of 1.838 billion euros (2.4 billion dollars) in...
- Research articles 2007-03-02
- Oil dollars to help sugar.(JAMAICA)(Brief article)
- The government is using US$44 million earned from its oil deal with Venezuela to help its struggling state-owned sugar company, said Agriculture Minister Roger Clarke, reports AP (Feb. 8, 2007). A portion of the money was also used to refurbish factories for the 2007 sugar crop,...
- Research articles 2007-03-01
- CanWest deal raises heat on Ten sell-off.
- Byline: Ian Austen Jan 15, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- Canadian mass media group CanWest is acquiring pay TV channel operator and program producer Alliance Atlantis for $C2.3bn ($A2.5bn). CanWest CEO Leonard Asper is rejecting speculation that this...
- Research articles 2007-01-15
- Goldman doubles managing directors.
- Byline: Robert Clow Nov 14, 2006 (The Australian - ABIX via COMTEX) -- Investment banking and stockbroking firm Goldman Sachs JB Were has appointed 18 new MDs across its Australasian operations. The split was about equal between the two sides of the business,...
- Research articles 2006-11-14
- RWE ups full-year profit forecast, denies Russian interest
- ESSEN, Germany AFP — RWE -- Germany's second-biggest power supplier -- says it is raising its full-year 2006 profit forecast to take into account the windfall gains from the divestment of its Thames Water unit. At the same time, RWE denied any interest in moving into the Russian market and...
- Research articles 2006-11-09
- Wyllie boss to map out blueprint.
- Byline: Catie Low Nov 05, 2006 (The West Australian - ABIX via COMTEX) -- A decision is near on the future strategy of Western Australian WA investment entity and property developer, Wyllie Group. The board is scheduled to hear a presentation by late...
- Research articles 2006-11-05
- Futuris loses $47m tax battle over 1998 Bristile float profits.
- Byline: Neale Prior Aug 20, 2006 (The West Australian - ABIX via COMTEX) -- The Federal Court of Australia has ruled against rural conglomerate Futuris in a taxation matter. It decided that the Australian Taxation Office was right to demand an extra $47m...
- Research articles 2006-08-20
- ATO takes heart at response to rules.
- Byline: Damien Lynch May 18, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Australian companies have been praised by the Australian Taxation Office ATO for the way they have responded to consolidation rules. Assistant commissioner, Peter Coakley, noted the high level...
- Research articles 2006-05-18
- Students applaud decision on Sudan
- University of California regents voted unanimously Thursday to divest holdings in nine major companies doing business in Sudan, sending student activists into spasms of cheers and igniting hopes that other organizations will follow suit and help force an end to genocide in Darfur. "We're counting on divestment...
- Research articles 2006-03-17
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