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They will receive the money upon completion of the divestment process.
First, the night ended with a commitment to set the divestment process in motion — a rarity in what can be a long and difficult process.
But after a meeting with Sergio Marchionne, the chief executive of both Chrysler and Fiat, Jim Flaherty, the finance minister, said that Canada would let the divestment process in the United States unfold before making any decision about its holdings.
Unfortunately, the divestment process has been progressing steadily into an increasingly bearish commodity price market, such that our potential valuation for the spin-off has been in continual decline throughout.
HCF said it had not announced the decision publicly because it was not intended to generate publicity, but it would consider an announcement after the divestment process was complete.
The measure calls for the California Public Employees Retirement Systemm (CalPERS) and the California State Teachers Retirement Systemm (CalSTRS) to begin a divestment process in any holdings of thermal coal, and to complete that divestment within 18 months of the law being applied to a particular pension system.
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The Environment Agency and Southwark council in London have been among the first major schemes to divest, and as once independently run council schemes begin a pooling process, divestment is likely to spread to more authorities.
Units that are more integrated through processes of PMI would require different processes of divestment than businesses that were not integrated in the first place.
In the past decade, he has begun a very profitable process of divestment.
By the end of the novel, she has tried to get rid of her very life, which is given back to her by another process of divestment — psychiatry.
Divestment advocates say that process is actually an advantage of their campaign — a chance for institutions to take a more active role in ensuring that their investments reflect their values.
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