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34 Sentences With "divesture"

How to use divesture in a sentence? Find typical usage patterns (collocations)/phrases/context for "divesture" and check conjugation/comparative form for "divesture". Mastering all the usages of "divesture" from sentence examples published by news publications.

That marked the first step in the divesture of the lighting business.
COMPLETES NON-CORE ASSETS DIVESTURE INITIATIVE Source text for Eikon: Further company coverage:
Cenovus shareholders and investors will watch closely for any news on the divesture program, said Wood Mackenzie analyst Mark Oberstoetter.
For example, the company announced the proposed divesture of its Wesson oils brand, a low margin business with significant private label activity.
Noble raised its 2016 sales volume forecast by more than 7 percent to an average of 415,000 boepd on a divesture-adjusted basis.
FBR's Halper still sees a 65 percent chance that the DOJ will reach a divesture agreement with Aetna and Humana to approve the deal.
The divesture could potentially help ease competition concerns by lowering NXP's exposure to the Chinese market as the country's commerce ministry considers Qualcomm's takeover bid.
While Indonesia can point to a victory that appeals to nationalist sentiment, pinning down the details on the divesture indicates a further fight with Freeport.
TO) has reached a deal to sell its Weyburn oil facility for C$940 million ($738.53 million), the company said on Monday, completing its main divesture plans.
They haven't responded at all, not one basis point, to our request to do something about the theft of intellectual property and the forced divesture of our technology.
While divesture is designed to avoid monopolies, conduct remedies literally allow the government to control the conduct of a company as a condition of approving a merger or acquisition.
The phone group said after its board meeting on Monday it would continue to analyse opportunities for investments and divesture of non-core assets, but the matter is subject to further discussions.
NEW YORK (Reuters) - T-Mobile US said on Friday that the cost required to acquire smaller rival Sprint will come down by 10 percent from the initial $26.5 billion following the divesture of assets to Dish Network.
For a dozen prior years, following the implementation of the AT&T divesture negotiated by the Department of Justice, much of our nation's fundamental communications policy was controlled by neither Congress nor the Federal Communications Commission (FCC).
CALGARY, Alberta, Nov 13 (Reuters) - Canada's Cenovus Energy Inc has reached an agreement to sell its Weyburn oil facility for C$940 million ($738.53 million) to Whitecap Resources Inc, Cenovus said on Monday, completing its main divesture plans.
NEW YORK, July 26 (Reuters) - T-Mobile US said on Friday that the cost required to acquire smaller rival Sprint will come down by 10 percent from the initial $26.5 billion following the divesture of assets to Dish Network .
It also reflects the strengthening of the group's balance sheet and financial flexibility, mainly achieved by the divesture of Tesco's Korean operations (Homeplus) and other capital preservation measures, including working capital and capex rationalisation, and no dividends being paid.
NEW YORK/LONDON (Reuters) - Thomson Reuters Corp is open to selling its intellectual property and science business in two or three parts to facilitate a divesture that could raise more than $3 billion, according to people familiar with the matter.
Sheller-Globe Corporation was a U.S. auto parts manufacturer and industrial conglomerate based in Toledo, Ohio. Formed in 1966 on a heritage of much older companies, Sheller-Globe grew through the acquisition (and divesture) of many other businesses before it was acquired by United Technologies Corporation in 1989.
Later, the service expanded to include 350 grocery and 10,000 general merchandise items by 1981 when Jewel decided to sell its "Jewel Home Shopping Service" division to its employees and divest itself from its roots. Alternate Link via ProQuest. At the time of the divesture, the division provided service to customers in mostly small towns located along 1000 routes in 42 states. Alternate Link via ProQuest.
In May 2015, Wendy's announced they would be expanding into India, with its first outlet located in Gurgaon. In 2017, the company sold 540 of its restaurants. The divesture was the second step in a three-step action plan to improve the brand. Other steps include new openings and remodeling of existing stores. In 2015, the brand opened 80 new restaurants and remodeled 450 of its existing locations.
On October 2, 2006, Atari, Inc. announced that it had sold off Shiny Entertainment to Foundation 9 Entertainment, which culminated in the completion of their strategic divesture. On April 5, 2007, Bruno Bonnell resigned his position as chairman and chief financial officer. On November 7, 2007, GameSpot reported that Atari was beginning to run out of money, losing 12 million dollars in the first fiscal quarter of 2008.Sinclair, Brendan (November 7, 2007).
After the divesture, eight stores remain, with a ninth under construction. The Rice Epicurean concept pays close attention to the regular stock of grocery store items, but special requests, gourmet products and customer service figure prominently in the overall operation. The perishable departments receive special attention, featuring the finest meat, produce, chef prepared salads and entrees, upscale floral departments and European bakery departments. The charge card system with monthly billing, introduced in 1964, remains in effect.
Following the divesture from TN Bank, TN Holdings Limited rebranded to Lifestyle Holdings Limited. In July 2013, TN Bank rebranded to Steward Bank and began a series of reforms to separate itself from its former owners, including setting up a new Board of Directors, creating a new corporate logo, launching a new website and relocating its branches away from Lifestyle Holdings locations. In June 2019, Dr. Lance Mambondiani resigned and was replaced by former Econet Wireless CFO, Kris Chirairo.
" "On [November] 17, requests for proposals (RFP) were released" and eleven "prospective buyers" emerged . By the middle of November 2004, Trainer stated that it had "started to be controversial" and reported receiving over a dozen calls protesting the decision . noted that Trainer had "voted in favour of the sale." In December 2004 Bill Pearce offered a controversial reflection on the numerous interested buyers, noting that "the response shows that council's decision to look at divesture was probably the right course to follow.
Following the initial divestitures, the company focused on core businesses, including OSB, siding; engineered wood products, and plastic building products (vinyl siding, composite decking and mouldings). In December 2002, Louisiana-Pacific Corporation (LP) finalized the sale of 33,000 acres of timberland near Oakdale, Louisiana, to Barrs & Glawson Investments, LLC for approximately $30 million. Throughout 2003 LP continued to sell Timberland in Louisiana, Texas, Idaho along with several mills related to the company's divestures. The timberland portion of the company's divesture program exceeded the initial $700 million target by more than $50 million.
Wells Fargo, Fifth Third Bank, and crosstown rival KeyBank all also expressed interest in National City, with Fifth Third even offering to move its corporate headquarters to Cleveland from across the state in Cincinnati if it were to buy National City. Like U.S. Bancorp, Fifth Third had a redundant footprint with National City, while Wells Fargo (even after its acquisition of Wachovia) had virtually no overlap with National City at all. KeyBank and National City had very little overlap outside Ohio, although some branches in Northeast Ohio would've likely required divesture.
Shortly after the Applebee's restaurant divesture, Apple South changed its name to Avado Brands to emphasise the change of business. Things did not go as well as Avado had originally planned, and it filed for bankruptcy in 2004. At that time, it had 106 Don Pablo's. Avado exited bankruptcy a year later with 96 Don Pablo's in operation. After spending two years trying to revitalize the brand, Avado filed for bankruptcy for the second time in September 2007 and subsequently closed or sold about half of its 90 locations.
Starting in November 2015, WRSJ intends to produce Local programming that provides News, Sports & Entertainment under the management of broadcaster Juan "Papotito" Rosario, who owns and operates other successful radio stations in Puerto Rico. also, will change its branding to Metro Radio 1560 AM. Effective December 21, 2015, owner International Broadcasting Corporation assigned WRSJ's license to the IBC Divestiture Trust (Jean Paul Vissepó, trustee), to comply with FCC ownership limits. On November 21, 2016, WRSJ changed its call letters to WBYM. On December 27, 2016, WBYM agrees itself to reacquire the station back to International Broadcasting Corporation from the Divesture Trust.
The sale of Straus Media to iHeartMedia (then known as Clear Channel Communications) in 2000 led to the divesture of the Hudson/Catskill stations and WBPM in Kingston to Concord Media, an affiliated holding company. With this sale came the relocation of WTHK and its sister stations to its old facility in Hudson along with a format change that November to its current oldies format with the WZCR calls soon following. Clear Channel would later buy the Hudson/Catskill stations (less WCKL) in early 2003 with satellite-fed programming being soon replaced. WZCR would drop satellite broadcasting and go local in January 2005.
Lorraine Bergstrand also "reminded Trainer about her election promises for open, accessible and responsible government for the people" and "criticized council for its quick decision to look for a buyer" . At the meeting's close, Trainer addressed her fellow councilors and stated that she "hoped" the councilors "would take citizen comments under advisement and make sure they were addressed in purchase applications" which would be considered at the closed meeting scheduled for January 31, when Trainer and the other councilors would make their final decision . Marsha Cox, a Dunnville resident who registered and spoke at the meeting noted to that, in "her opinion, council members acted like school yard bullies who didn't care and who were acting in a parochial manner ... 'It's about control.'" On February 1, 2005 "council decided unanimously to stop the divesture process" .
The South African Motor Corporation, more commonly known as Samcor, was a South African car manufacturer created in 1985 through the merger of Ford Motor Company of Canada's South African subsidiary and Sigma (previously known as Amcar),Ford Divesture Plan Readied For S. Africa, Chicago Tribune, June 15, 1987 which produced Mazdas for the local market.South Africa's Shrinking Auto Industry, Chicago Tribune, October 25, 1985 As a result of the merger, Ford and Mazda began to share models in South Africa, as they already did in other markets. For example, in 1986, the European-sourced Ford Escort was replaced by the Laser and Meteor based on the Mazda 323.Financial Mail, Volume 104, Issues 5-9, page 221 Similarly, in 1993, the Ford Sierra was replaced by the Telstar, based on 626.
Budget cuts motivated the divesture; a C-27J allegedly costs $308 million over its lifespan in comparison with a C-130's $213 million 25-year lifespan cost.New Air Force Planes Go Directly to 'Boneyard' – Military.com, 7 October 2013. In November 2012, the C-27J deployed for its first domestic mission, contributing to the Hurricane Sandy relief effort. In July 2013, the U.S. Coast Guard considered acquiring up to 14 of the 21 retired C-27Js and converting them for search-and-rescue missions, while cancelling undelivered orders for the HC-144 Ocean Sentry to save $500–$800 million. EADS claimed that the HC-144 costs half as much as the C-27J to maintain and operate. The U.S. Forest Service also wanted 7 C-27Js for aerial firefighting."Surplus C-27J Spartans Could Mean Big Windfall for Coast Guard" . Nationaldefensemagazine.
In the West Midlands, after the divesture of some radio holdings to Orion Media, the Gold brand continued as a franchise, however, in late 2012 these stations were rebranded as Free Radio 80s and no longer carried Gold network programming. Most Gold stations on AM/local DAB transferred to receive their network programming provision from Smooth Radio on 24 March 2014; local news/travel and advertising drop-ins into the network programming feed continue as previously provided under Gold, and the former Gold stations in Wales continue to offer a four-hour local show as Smooth Wales. Three Gold areas where Smooth is already provided on FM – London, Manchester and the East Midlands – retain a reduced Gold service on AM and (bar Manchester, where capacity is unavailable) local DAB, with most presented shows (aside from a daily morning show) ceasing. A number of areas gained or regained Gold as a DAB service in September 2015 in space vacated by XFM, following XFM's move from local to national transmission as Radio X.

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