Sentences with phrase «divest businesses»

January 19, 2017 • Next week, leaders of the House Oversight Committee are expected to meet with the director of the Office of Government Ethics, who has been under fire for admonishing Trump to divest his businesses.

Seven in 10 said they plan to divest businesses in 2018 because of financing needs and changes in strategy.

The tax cut could also spur industrial giants to divest businesses that aren't core to current strategy, Jefferies said.

Pfizer has struggled to divest the business for as much as $ 20 billion, after Reckitt Benckiser dropped out last month and Johnson & Johnson stepped away in January.

National Australia Bank's MLC - home to the country's largest retail superannuation fund and $ 199 billion in assets under management - officially joined the bulging list of financial services sector initial public offering candidates on Thursday morning, when NAB chief executive Andrew Thorburn flagged intentions to divest the business.

In their eyes, having announced plans to divest the business National Australia Bank is probably more worried about a smooth deal rather than squeezing a P / E-point or two out of incoming investors.

Dispositions may also involve continued financial involvement in the divested business, such as through continuing equity ownership, guarantees, indemnities or other financial obligations.

Under these arrangements, performance by the divested businesses or other conditions outside of our control could affect our future financial results.

RBS is divesting the business under EU rules for receiving a bailout of # 46bn during the financial crisis.

Stora Enso has just signed an agreement to divest the business and assets of its Swedish subsidiary Stora Enso Re-board AB, a producer of rigid paperboard for expositions and displays, to Culas AB, which is partially owned by the current managing director of Stora Enso Re-board AB, John - Åke Svensson.

In the case of the latter, he looks at divesting a business that is either dragging down the companies valuation multiple or not getting the multiple it deserves.

In that case, U.S. District Judge George Daniels ruled that Congress, not the courts, should decide whether Trump is violating the Constitution by failing to divest his business holdings.

Warren, who on Monday introduced a bill that would require Trump to divest his business holdings, asked Carson if he could vow that no HUD funding would benefit Trump.

Not exact matches

The brothers are already asserting their influence by divesting the family's luxury jet business.

LAGOS, May 2 - Nigerian energy firm Forte Oil said it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus on its core fuel distribution operation at home.

We also expect Valeant to divest its dental business as well as its interests in select geographies.

So it's disheartening that the student body at Barnard, a women's college that is part of Columbia University, voted Wednesday to encourage the administration to divest from companies that do business with Israel.

But taking share — a.k.a. growing the business — and divesting assets aren't necessarily aligned.

Trump operates a sprawling global business with real estate holdings that aren't as easily divested as stock.

Benefit from resolution of tax matters During the first quarter of 2017, the Spanish Supreme Court decided, in the company's favor, an ongoing transfer pricing case with the Spanish tax authorities related to businesses Cadbury divested prior to the company's acquisition of Cadbury.

These businesses, which represent approximately $ 278 million of the company's 2017 revenue, are part of the previously announced Conduent plan to divest up to $ 500 million in revenue in 2018 associated with non-core assets across the company.

They might try to force Google to divest itself of YouTube or demand a separation of its search and mobile apps businesses.

Some major institutions may have to divest assets, and Canaccord with Genuity is a larger more profitable firm that could make acquisitions to grow our businesses.

That would raise obvious alarm with regulators in the U.S., but it could work if AB InBev divested most of the U.S. business right away, selling to MolsonCoors, the most likely buyer.

After divesting most if its finance arm, GE Capital, in 2015, the company is paring the business further and could even consider selling it off, the Wall Street Journal said.

Packaged food companies have seen their sales slow as consumers prefer fresh foods and have reacted by cutting costs, divesting underperforming businesses and increasing...

Investing in the Mirzas» sales team in India and divesting in Dallas would allow them to target companies doing business in and between South America and India and China.

The business is the seventh to be divested from the group and, with turnover in excess of $ 600 million, was the largest in the group.

RBS had also contemplated seeking to keep Henry Bath as a merchant deal after buying into the Sempra Commodities business in 2008, but ultimately decided that it would be better to divest Henry Bath than hold it at arm's length, according to a person familiar with the decision.

These businesses, which generate approximately $ 43 million in revenue are part of the announced Conduent plan to divest up to $ 500 million in revenue in 2018 associated with non-core assets across the company.

While Canyon Bridge could choose to divest MIPS, which accounts for a small fraction of Imagination Technologies» business, there is no certainty that would be enough to resolve all CFIUS issues, according to the sources.

My uncle took over the U.K. business, Associated British Foods, following a strategy that ultimately divested the retail business and increased investment in ingredients — oils, flours, sugars and the like.

The company spent 2016 restructuring, launching new products, integrating IoT tech maker Altera, and announcing plans to divest its security business.

To save the company then, Chen needs to focus on this core viable business and quickly divest all assets not directly related to it.

And so in maybe 2014 I announced a $ 10 billion restructuring program some of which was divesting slow - growth businesses.

The deal marks another step by Chicago - based Conagra, which has been divesting many of its private label and condiment businesses to become a branded foods - only company.

Previously, he was director of exchange - traded funds at FactSet Research Systems, a position he took when ETF.com divested itself of its ETF data business.

For Q1 of FY» 13, assuming neither Cole Haan nor Umbro is divested during the quarter, we estimate a consolidated pretax loss from these businesses of approximately $ 30 million, including costs of preparing for the divestitures.

The combined new business will most likely need to divest itself of overlapping locations.

AT&T (T) told a federal judge that it should spurn any request by the U.S. Justice Department to make it divest its DirecTV business or Turner networks as part of approving its proposed $ 85.4 B takeover of Time Warner (TWX), Reuters reports.

Disney might have to divest a cable channel or two (the company's power over distributors would be even stronger; basically the opposite of the some of the concerns that halted the Comcast acquisition of Time Warner), and potentially be limited in its ability to make operational decisions about Hulu (Disney would have a controlling stake after the merger; Comcast was similarly restricted after acquiring NBC Universal, but there the concern was more about Comcast's conflict of interest with regards to its cable TV business competing with Hulu).

He was assigned by Pandit in April 2009 to divest $ 573 billion of assets as permanent head of the Citi Holdings unit, which held unwanted businesses.

Voya is planning to divest substantially all of its CBVA segment, as well as its individual fixed and fixed indexed annuity business, through an agreement with a consortium of investors.

We called on you to divest your money from Trojan Horse businesses with no regard to community — to us the long - term residents and businesses of New York City.

To build a successful business, you must resist the temptation to divest your capital or profit; you must resist the urge to spend your money on frivolous activities.

«A general trend of increased merger control complexity to deals has also prompted them to be considered more often, sometimes in exchange for reducing «hell - or - high - water» purchaser covenants to divest existing businesses,» he said.

They began urging institutional investors, including universities, to divest their assets from companies that did business with the regime.

The divested cattle feed business includes two production plants in Ylivieska and Kouvola, as well as the brands, of which Maituri and Melli are the best - known.

In 2015, a group of foundations launched the DivestInvest initiative, which helps foundations, individuals and businesses divest from fossil fuels.

Vista Outdoor, Inc (owner of Savage Arms and Stevens) has announced that they are seeking to divest themselves of the Arms manufacturing business.