In the 1990s BAe streamlined its portfolio by selling its corporate jet division to Raytheon Company and the automaker Rover Group PLC (acquired in 1988) to Germany's BMW.
Still, Williams Sorbaraa thinks the company's execution of its divestiture program should be viewed positively overall, as the company has streamlined the portfolio to two core assets – 103,000 net acres in South Texas' Eagle Ford Shale and 43,600 net acres in West Texas and New Mexicoo's Delaware Basin.
Many of these have been cast aside by multinational companies that no longer wanted to invest in marketing them, as they streamlined their portfolios around global brands.
What's more, Mr. Immelt is belatedly streamlining the portfolio.
This worked fine when the goal was to streamline the portfolio and restore financial health.
"We need to streamline our portfolio," the chief executive, Ben Verwaayen, told reporters.
Equity Office, which still owns one complex in suburban Metairie, has been streamlining its portfolio and getting out of markets without robust job growth.
"As we come out of the recession, we're going to see if the moves to streamline the portfolio will pay off," says Steven Winoker, an analyst for Sanford C. Bernstein & Company.
"For Statoil, it frees up capital, streamlines our portfolio and enables us to further strengthen our focus as a technology focused upstream energy company," Statoil's chief financial officer, Torgrim Reitan, said in a statement.
US-based speciality chemicals firm Albemarle Corp has announced that it is streamlining its portfolio of mineral flame retardant products and refocusing its efforts and resources on further development and growth of key product grades.
A detailed analysis of these two existing megajournals after the merger led to the decision to streamline our portfolio.
