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b) We need to exit (sell?) non core businesses and eliminate duplicative projects and businesses.
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Labelled as non-core.
Raising money by selling non-core assets is difficult.
Across the globe, News Corp has been disposing of non-core assets.
This is effectively capitalising the non-core earnings drag seen in 2015/16 in perpetuity.
She earned herself the nickname "Marj in charge" for her ruthless culling of non-core businesses.
It also confirmed plans to sell non-core assetsin an attempt to restore its fortunes.
RBS has over-delivered in terms of non-core run-off and balance sheet repair.
Mouchel said it has made "good progress" towards selling some non-core businesses.
It has been selling off non-core investments to focus on its global equity portfolio.
The second ambition is to "accelerate" (a favourite word) the sell-off of non-core assets.
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