Definition of «noncore assets»

The phrase "noncore assets" refers to the assets that are not essential or central to a company's main operations or business. These assets may not contribute significantly to the company's core activities and may be sold or divested to focus on the essential aspects of the business.

Sentences with «noncore assets»

The grocery chain's 16 Manhattan locations are up for sale by the ailing A&P, which is unloading noncore assets in an attempt to turn a profit after seven quarters in the red. (therealdeal.com)
By: Henry Lazenby 11th February 2017 Yukon Territory - focused Wellgreen Platinum has sold a suite of noncore assets held by subsidiary Ursa Major Minerals to a private company for C$ 200 000, payable over three years. (miningweekly.com)
Copper output fell 10.5 % year - on - year to 85 - million, reflecting the company's strategic divestment of noncore assets as it continues to repair the balance sheet and stream line its production portfolio. (miningweekly.com)
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