Carlyle officials have indicated that the firm will focus on divesting existing holdings slightly more than buying new businesses, taking advantage of high company valuations.
With the British financier's proposal rejected, Bumi said it would now focus on divesting itself of coal assets to the Bakrie Group, the family's conglomerate, as well as on developing its remaining mining resources.
A strategy to reduce the impact of money in politics would be a far better tactic for influencing corporate behavior than one focused on the symbol of divesting from fossil fuel companies.
"We decided together to get focused on the Ford brand and divested all the other ones".
The speculation focused on AT&T of the United States, which divested its stake in América Móvil last month.The sale, however, depends on whether the new regulator, the Federal Telecommunications Institute (IFT), approves of the plan.
Guido Hoymann, an equity strategist at Metzler Equity Research in Frankfurt, argues that the brokerage needs either to be divested or more clearly focused on niche markets.
7. Students insist their universities divest from investing in fossil fuels, with more than 70 schools filing for information about divestments, most focused on fossil fuels.
It is more focused on its card business now that it has divested financial planning; its bank is next to go.
Since divesting its military division, iRobot has focused on figuring out what the physical home looks like, using a robot vacuum cleaner to figure that out how those rooms are structured.
Indeed, with the exception of General Electric, he said he prefers companies whose managements are focused on their main business and that were willing to divest unrelated operations.
