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was divestment
noun
The sale or other disposal of some kind of asset.
synonyms
Exact(2)
One of the penalties the EU imposed in exchange for allowing £65bn of taxpayer money to be poured into RBS and Lloyds was divestment of branches – 631 of them hived off under Lloyds's TSB brand and 314 of RBS's to be reinvented as Williams & Glyn's.
Exploring this decision, McKibben consulted with Desmond Tutu and other South Africans steeped in the divestment movement; however, in the end, the big decider for him he told me, was: "Divestment made sense to me because of how outspoken colleges were becoming about their desire to go green!" Of course campuses.
Similar(58)
Or to put the question another way, is "divestment" a bit like pregnancy, something that is either happening (with all the momentous consequences that implies) or not happening?Hypothetical matters, you might say.
There has been divestment in these neighborhoods for too long.
"If we get to the point where there are divestments," Mr. Mills said, "there is going to have to be some incredibly agnostic third-party process about how that is arrived at.
The issue then was whether divestment, potentially costly, would have much real effect on companies doing business in South Africa.
He said investors were coming to the conclusion that the potential for stranded assets existed and this was driving divestment.
The final decision point in this case study was the divestment of the firm by the founding entrepreneur.
"The issue isn't divestment.
To us, that is why divestment succeeds.
Yale has said it is considering divestment options.
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