Sentences with phrase «selling state assets»
I wasn't aware that the sitting government was elected on a platform of selling state assets - i.e. held for the people and by the people.
https://www.businessnews.com.au/ Not exact matches
In the meantime, muni experts point out states can renegotiate contracts with servicers, raise fees on things like drivers license renewals, sell assets and privatize prisons and tolls roads to cut expenses and raise cash.
The $ 1.7 billion valuation Malaysia's troubled state investment fund put on a deal to sell property assets may be too high, the Financial Times has reported.
The auditor general says the state government has made a good start on its $ 400 million land asset sales program but improvements could be made, following criticism earlier this week that some properties are being sold at a loss.
March 27 - Reliance Industries Ltd said on Tuesday its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $ 100 million, as the Indian oil - to - telecom conglomerate moves closer to exit U.S. shale investments.
The United States central bank, the Federal Reserve, buys and sells assets in the open market.
Southern Cross Care WA has purchased the state government - owned Kaleeya Hospital in East Fremantle for $ 17.5 million, which is the first property sold under the state government's asset sales program announced earlier this year.
Hydro - Quebec, meanwhile, would combine its extensive hydro - based generation assets with NB Power's thermal - based ones, creating a more efficient and synergistic utility with increased capacity to sell to the lucrative markets in the northeastern United States.
I've recently started investing through a company structure though and have learnt that accounting principles state that I should not do this until such time an asset is sold and a gain is realised.
SAO PAULO / RIO DE JANEIRO, May 3 Brazil's CPFL Energia SA is eyeing distribution assets being sold off by state - run utility Centrais Elétricas Brasileiras SA, three sources with knowledge of the matter said on Thursday.
(Reuters)- Teva Pharmaceutical Industries Ltd (TEVA.TA)(TEVA.N) is close to a deal to sell its women's health assets outside the United States to private equity firm CVC Capital Partners, the Fly reported, citing Bloomberg.
We sell our units on a continuous basis at initial offering prices of $ 10.00 per Class A unit, $ 9.576 per Class C unit, and $ 9.186 per Class I unit; however, to the extent that our net asset value on the most recent valuation date increases above or decreases below our net proceeds per unit as stated in the Company's prospectus, our board of managers will adjust the offering prices of all classes of units to ensure that no unit is sold at a price, after deduction of selling commissions, dealer manager fees and organization and offering expenses, that is above or below our net asset value per unit as of such valuation date.
[4] Peter Spiegel, «Greek assets could go to «fund of experts»,» Financial Times, May 24, 2011, Dimitris Kontogiannis, Kerin Hope and Joshua Chaffin, «Greece to sell stakes in state - owned groups,» Financial Times, May 24, 2011, and Alkman Granitsas, «Greece Speeds Up Plans to Sell Off State - Held Assets,» Wall Street Journal, May 24,assets could go to «fund of experts»,» Financial Times, May 24, 2011, Dimitris Kontogiannis, Kerin Hope and Joshua Chaffin, «Greece to sell stakes in state - owned groups,» Financial Times, May 24, 2011, and Alkman Granitsas, «Greece Speeds Up Plans to Sell Off State - Held Assets,» Wall Street Journal, May 24, 2sell stakes in state - owned groups,» Financial Times, May 24, 2011, and Alkman Granitsas, «Greece Speeds Up Plans to Sell Off State - Held Assets,» Wall Street Journal, May 24, state - owned groups,» Financial Times, May 24, 2011, and Alkman Granitsas, «Greece Speeds Up Plans to Sell Off State - Held Assets,» Wall Street Journal, May 24, 2Sell Off State - Held Assets,» Wall Street Journal, May 24, State - Held Assets,» Wall Street Journal, May 24,Assets,» Wall Street Journal, May 24, 2011.
Athens has agreed to sell off state assets worth $ 50bn, with the proceeds earmarked for a trust fund supervised by its creditors.
For example, in December 2017, China Merchants Group, a state - owned firm, said it would work with China Construction Bank to issue asset - backed notes worth Rmb20 billion to be sold in the interbank market, in what would be China's largest rental housing securitization.
In February 2018, the company signed an agreement to sell floors 8 through 14 of its State Street store in Chicago to a private real estate fund sponsored by Brookfield Asset Management.
Dole management has also stated that after the sale to Itochu is finalized that it may look to sell or spin off further assets, or make some acquisitions to bolster its operations within new Dole, any of which may help unlock further value in its shares.
** Croatia's government chose Romanian Grup Feroviar Roman (GFR) as the best bidder for a 75 percent stake in its freight railway operator, pursuing a drive to sell off state assets to help the budget.
As John Maynard Keynes explained, unless debtor countries can export more, they must pay either by borrowing (German states and municipalities borrowed dollars in New York and cashed them in for domestic currency with the Reichsbank, which paid the dollars to the Allies) or by selling off domestic assets.
Last month, 1MDB agreed to sell its energy assets, which stretch from Malaysia to Pakistan, to state - owned China General Nuclear Power for 17.3 billion ringgit including debt.
Mr Boon said the board had considered demerging one or more of Tatts» business units, selling some assets and maintaining the company in its current state after receiving Tabcorp's takeover proposal last October.
Informed Sources has noted that Mobil does not currently retail petrol in Australia and has no stated objective to do so; Mobil has not subscribed to Informed Sources since 2010 when it sold its retailing assets in Australia (7 - Eleven currently runs Mobil branded stores - they are not operated by Mobil).
Australia's biggest superannuation funds are reportedly urging the federal and state governments to sell public assets worth up to $ 92 billi...
He also pointed to NAB's disciplined turnaround, driven by CEO Andrew Thorburn, and the potential sale of assets including its troubled UK banks and further sell down of Great Western Bank in the United States.
Everton are of course seemingly in a constant state of financial crisis and this may well lead to Moyes having to consider selling one or more of his prized assets and one would imagine that if Sir Alex Ferguson upped his offer to meet any valuation placed on the player then it would probably be begrudgingly accepted.
Although it will be incredibly difficult to ever match his contributions on the pitch, it's vitally important for a former club legend, like Henry, to publicly address his concerns regarding the direction of this club... regardless of those who still feel that Henry has some sort of agenda due to the backlash he received following earlier comments he made on air regarding Arsenal, he has an intimate understanding of the game, he knows the fans are being hosed and he feels some sense of obligation, both professionally and personally, to tell it like he sees it... much like I've continually expressed over the last couple months, this team isn't evolving under this current ownership / management team... instead we are currently experiencing a «stagnant» phase in our club's storied history... a fact that can't be hidden by simply changing the formation or bringing in one or two individuals... this team needs fundamental change in the way it conducts business both on and off the pitch or it will continue to slowly devolve into a second tier club... regardless of the euphoria surrounding our escape act on Friday evening, as it stands, this club is more likely to be fighting for a Europa League spot for the foreseeable future than a top 4 finish... we can't hope for the failures of others to secure our place in the top 4, we need to be the manufacturers of our own success by doing whatever is necessary to evolve as an organization... if Wenger, Gazidis and Kroenke can't take the necessary steps following the debacle they manufactured last season, their removal is imperative for our future success... unfortunately, I strongly believe that either they don't know how to proceed in the present economic climate or they are unwilling to do whatever it takes to turn this ship around... just look at the current state of our squad, none of our world class players are under contract beyond this season, we have a ridiculous wage bill considering the results, we can't sell our deadwood because we've mismanaged our personnel decisions and contractual obligations, we haven't properly cultivated our younger talent and we might have become one of the worst clubs ever when it comes to way we handle our transfer business, which under Dein was one of our greatest assets... it's time to get things right!!!
The state appoints the auditors responsible for the portfolio and decides which assets should be sold when sufficiently developed, but it can not influence how the fund itself is managed.
The Peoples Democratic Party in Kogi State has rejected proposed plans by Governor Yahaya Bello - led administration to sell some of the state aState has rejected proposed plans by Governor Yahaya Bello - led administration to sell some of the state astate asset.
Work to identify unneeded state assets and sell them to reduce costs.
Gov. David Paterson this morning raised the possibility that the state might have to consider selling some of its assets if its financial troubles and budget deadlock continue apace.
Cut taxes for everyone and businesses, reduce regulatory barriers for businesses, sell off state assets to private companies and reduce spending
If we need the money, we debate the need for it in the state legislature and if we agree that the need is there and worth paying for, we raise the money the right way: either through taxation, through fees or by selling or leasing state assets or by borrowing..
I just think it's a completely ridiculous policy... you can argue about the right to buy a council house, as it is state money, but there's something deeply wrong about selling off somebody else's assets.»
Mr. Mutawakilu also insisted that, selling off state assets to solve problems is not always the best action to take.
The Nigeria Labour Congress has further threatened to embark on a nationwide protest to resist the plan by President Buhari and his economic team to sell off the nation's assets, stating that the effect of such action on Nigerians would be grievous.
On Friday the Adam Smith Institute published a report calling on David Cameron to sell the government's stakes in the nationalised banks, Royal Mail, Network Rail, BBC Worldwide, Channel 4 and other state assets.
(I also know to fund the millions required for the new state finance law, that state assets had to be sold off: cars, land, furniture.
Selling off state assets could be the easiest way around a problem.
Concurrent with deCODE's recent petition for bankruptcy protection in the United States, deCODE has entered into and filed with the court an asset purchase agreement with Saga Investments LLC (Saga) to sell its Iceland - based subsidiary as a going concern, including latter's product lines and service businesses.
Fairfax, the publisher of Business Day, has sold a number of digital assets in that time, including online accommodation business Stayz to United States rental operator HomeAway for $ 220 million and New Zealand auction website Trade Me in late 2012.
Assuming a company's working capital (current assets less current liabilities) is conservatively stated, Graham and Rea felt that a firm could reasonably be expected to be sold off for the value of these assets.
Distribution Restrictions: None, the custodian can sell the assets for the child's benefit at any time and for any reason, and the child can once he reaches 18 or 21, depending on the state
Overall rebalancing a portfolio is the «process of buying and selling portions of your portfolio in order to set the weight of each asset class back to its original state.»
This theory states that it is possible to make profits by purchasing assets (which may be over-priced) and selling it to another person (a bigger or greater fool) who is willing to pay even a higher price for that asset.
American Electric Power serves parts of 11 states and has improved its financial performance by gradually selling off non-core assets.
The study also found that the highest market performance response to activist activities were when the stated objective was strategic in nature whether intending to sell the company, divest non-core assets, or refocus the business strategy.
Under Chapter 7, some of your non-exempt assets may be sold to pay off your debts, while other property is protected (exempt) and can't be sold (what property is exempt versus non-exempt depends on both state and federal law).
In the United States, money market funds sold to retail investors and those investing in government securities may maintain a stable net asset value of $ 1 per share, when they comply with certain conditions.
What assets can be sold will depend on what state you live in.
The court to which Steel Partners appealed a failed injunction to prevent Bulldog's poison - pill strategy stated: «[Steel Partners] pursues its own interests exclusively and seeks only to secure profits by selling companies» shares back to the company or to third parties in the short term, in some cases with an eye to disposing of company assets....