Sentence examples similar to non core divisions from inspiring English sources

In 1999 it became possible to buy other firms using shares; in 2000 it became easier for companies to spin off non-core divisions.

The French group sees potential to cut costs in overlapping corporate and support functions, and signalled it could offload non-core divisions within Invensys, including its appliance arm, which makes controls for washing machines.

Typical is Denso, a car-parts manufacturer and subsidiary of Toyota, which recently announced that it will stop making mobile phones by the end of the year.Companies are also putting their profitable non-core divisions to one side by means of strategic carve-outs and partial mergers, says Shintaro Hori, North Asian managing director of Bain & Company, a consultancy.

This seems like Yahoo's greater strategy of getting rid of non-core divisions, even if they are doing well.

Other drug companies have been shedding "non-core" divisions lately but none have shed a business this big.

Gruebel's experience at Credit Suisse meanwhile lies in investment banking, and is expected to help the bank whittle its wholesale and corporate banking divisions down to the divisions in which UBS is a global leader, while casting off non-core divisions.

Creating that non-core division is costing £4.5bn, and helping drive the bank to an expected £8bn loss.

The so-called non-core division reported a £1.9bn loss, denting the £4bn of profits in the continuing operations.

The City is anxious about the creation of a bad bank although speculation in recent days has focused on the expansion of the existing non-core division.

As McEwan prepares to set out his stall, some decisions have already been made: in particular the plan for a new £38bn non-core division.

The bank already had a "non-core" division, which Stephen Hester created on joining RBS five years ago when the bank was on the brink of collapse.