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Divestment |
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Divestment The process of selling an asset. Also known as divestiture, it is made for either financial or social goals. Divestment is the opposite of investment. Notes: Generally you'd just say that you are selling an asset. The term divestment is more appropriate however in the following contexts:1) A change in corporate strategy - a firm might say that they are divesting a particular subsidiary to focus on their core business. 2) Social goals - there are many political reasons why investors might reduce investments. A notable example was the withdrawal of American firms from South Africa during apartheid. |
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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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Divestment
