5 million in the corresponding period of the prior year primarily attributable to net gains from divestures
in the prior year period and higher income taxes partly offset by lower net financial expense as mentioned above.
In this study, we focus on an important subset of portfolio restructuring activities: namely, asset divesture
and asset expansion restructuring.
Fitch expects proceeds from divestures
and cash generated by operations to be used for investments into its core businesses, acquisitions and for return of capital to shareholders (dividends and/or share buybacks).
Fitch expects proceeds from all of these divestures
to be used for investments into its core businesses, acquisitions and for return of capital to shareholders (dividends and/or share buybacks).
Prior to joining IASIS, he served in similar roles for two other hospital companies - most recently as the senior vice president of development for Signature Hospital Corporation, headquartered in Houston, Texas, and previously as the vice president of acquisitions and divestures
for Hospital Corporation of America, which operates 163 hospitals and 105 freestanding surgery centers.
Currently, the Company estimates that the incremental store divestures
will result in a $0.
This dynamic industry offers challenges associated with tracking new entries, mergers, acquisitions, divestures
and health plans that no longer exist.
Adjusted operating income (operating income before loss on product divestures
and litigation settlement charges) for the quarter rose to $14.
Organic growth excludes the impact of currency exchange and acquisitions and divestures
As they occur, Biogen Idec will provide gain and loss financial information on these divestures
The downgrade also reflects Fitch's concerns about maintaining production levels post divestures
as well as the company's long-term ability to replace reserves at economic costs.
Ian Shaw was Vice President Finance & CFO of the company from April to October 2004 and brings over thirty years of senior executive experience in the exploration and mining industry in accounting, finance, mergers, divestures
, and regulatory compliance.