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.
For many companies, divestments
are a key path to achieving growth, and 74% of respondents used funds from their most recent divestment
The company added that this divestment
of Forma is in line with the strategy it had adopted in autumn 2013 for its portfolio operations and which meant that Forma, Kjell & Company and Cervera will have to be sold.
Operating profit for the second quarter of 2012, excluding exchange rate effects, divestments
and items affecting comparability increased by 16% compared with the same period a year ago.
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
Operating profit excluding exchange rate effects, divestments
and items affecting comparability rose 17%.
The government today received the Office of Fair Trading s (OFT) recommendations in its report on the impact of the divestments
currently being made by Lloyds Banking Group (LBG) and Royal Bank of Scotland (RBS) in increasing choice and competition in the banking sector.
This outlook is impacted by the divestments
carried out in 2010.
To know that IOCs have used the proceeds of divestments
to amass lucrative E&P assets to improve the sustainability of their operations.
Information about divestments
of downstream assets and plans for growth in the upstream sector by major integrated oil companies also features in the report, which is built using data and information sourced from company reports, primary and secondary research and in-house analysis by GlobalData's team of industry experts.
Investments, acquisitions and divestments
During the next few years, current investments will as before amount to about 5% of sales.
We are continuing to evaluate opportunities to grow our investment returns through acquisitions, as well as divestments
," said Blumberg.
STOCKHOLM, Sweden -- The below-mentioned have signed agreements regarding divestments
and acquisition of shares in Mekonomen AB ("Mekonomen").
Best believes that Winterthur Group's capitalisation will continue to recover at a slower pace than in prior years when the group's capitalisation benefited from its divestments
, restrained premium growth and retained profits.