At the moment, we are in the process of divesting our oil and gas transmission infrastructure assets.
The announcement follows similar moves by Wells Fargo and U.S. Bank, which told The Washington Post they are in the process of divesting from the private detention sector.
The remaining "big four" accounting firms have divested, or are in the process of divesting, their consulting arms the fact that Andersen earned $27m from non-audit work, compared to $25m for its auditing, was thought to have influenced its judgment.
The rapper and music mogul recently began the process of divesting his stake in the franchise (a 0.67 percent share), according to an ESPN report, since confirmed by two people involved with the team.
"The company believes that the development of the mine and the balancing of the environmental impacts with the social and economic upliftment can be managed to the satisfaction of all stakeholders," said Mark Caruso, executive chairman of Mineral Commodities, which is now in the process of divesting its 56% share in the project.
Jealous says he is in the process of divesting from his investments at Kapor.
Anyway, when last we caught up with Nicolas, you'll recall, he was in the process of divesting himself of some of his 15 residences, after the taxman had finally tired of his failure to meet tax demands.
Many major colleges joined in quickly – world-leading schools from Stanford to Sydney to Scotland to Stockholm are somewhere in the process of divesting, and often their calls have been loud and powerful.
News Corp.'s Rupert Murdoch is in the process of divesting from the Web: first selling Photobucket, then chucking Rotten Tomatoes to Flixster while retaining a stake in the new venture.
One is Campbell Soup (CPB), which is in the process of divesting international assets under pressure from activists.
