- Clean break
HEADNOTE The era of conglomeration has passed into a phase of demerging and divestment. But selling off a business unit is not as simple as it sounds IMAGE PHOTOGRAPH 3 Divestitures and demergers are making headlines. Goodman Fielder has been implementing a divestiture program, OneSteel was demerged from BHP Billiton ......
- Conexant Builds Set-Top Bonds
Looking to keep pace with silicon rival Broadcom, Conexant Systems last week introduced a high-powered, integrated chip set that can bond three downstream cable-modem channels. The CX2445X chip's key feature: It has three demodulators with a downstream data channel-bonding capability, which Conexant said would let operators provide up to 120 ......
- Almatis divests business unit, has new
ownership.
The Almatis Group, Frankfurt, Germany, has announced that it has undergone a change of ownership and has divested its Adsorbents & Catalysts business unit as part of its plan to focus on its core alumina business. Investcorp., New York, NY, has acquired The Almatis Group from Rhone Capital and Ontario ......
- Akzo Nobel divests two coatings business
units.
Akzo Nobel, Arnhem, The Netherlands, has announced the sale of two of its coatings product units. The transactions will conclude the company's major divestment initiative, which has been undertaken to strengthen its financial position and maneuverability. The company has signed an agreement to sell its ultraviolet/electron beam (UV/EB) Resins business ......
- Strategic divestments in family firms: role of family
structure and community culture.
Timely acquisition and divestment of resources is essential for sustaining the competitive advantage and longevity of family firms. A combination of past successes, emotional attachments, and path dependencies can lead to extensive inertia toward divestment in these firms. This article develops a framework to understand the influence of community culture ......
- Family firm resource management: commentary and
extensions.
The family firm resource-divestment model by Sharma and Manikutty (2004) is extended into a longitudinal model of family firm resource management. Resource accumulation is included as an additional dependent variable, and the influences of family structure, family involvement, and cultural variables are discussed. Introduction Sharma and Manikutty (2004) argue that ......
- Acquisition and divestiture strategy: the
stockholders' perception.
ACQUISITION AND DIVESTITURE STRATEGY: THE STOCKHOLDERS' PERCEPTION A growing body of literature suggests that systematic differences in business performance can be observed between different generic strategic profiles. In this study, we extend this approach to the study of acquisitions and divestitures. An examination of the stock price performance of firms ......