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divestment

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divestment

Selling of unwanted parts of a business. This may be because a company wishes to reduce costs by selling unprofitable parts of its business, or because of a change in long-term strategy.



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Lists of companies that do business with the Sudan is available from the Sudan Divestment Task Force at www.
Lanxess, Pittsburgh, PA, announced a divestment of its North American Textile Processing Chemicals (TPC) business unit.
Representatives from Jewish World Watch and the student-led Sudan Divestment Task Force met last week in an effort to convince the Lacers corporate governance committee to divest itself from companies with ties to Sudan.
 
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