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And it will divest some commodity operations to raise cash.
Mathews Phosa, the ANC's treasurer, says Chancellor House will divest from the consortium soon.
He will divest his interest in all three funds upon her confirmation, according to the filing.
Mediobanca will divest its holdings in other companies and focus only on retail and investment banking.
Bank of America will divest itself of a stake it acquired in 2003 for $1.6 billion.
"There will be quite a few more holdings that we will divest," he added.
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They'll divest when they perceive the damage to their brand may be consequential.
"If they need to improve we'll give them time to improve, but if there isn't substantial improvement then we'll divest," said Mark Zinkula, chief executive of LGIM.
Getting better Mad cows and farm votes I'll divest, then For Europe's Parliament, power without love English is still on the march You have ways of making us talk Gunning for Fischer Mart Laar, Estonia's punchy prime minister ReprintsOn the face of it, the economy is doing nicely: this year, for the third in a row, it should grow by more than 7%.
We will screen those commingled funds which are not central to our portfolio, and, if those funds will not divest of fossil-fuel stocks, we will withdraw from those funds and find some which will.
It will also divest itself of other assets.
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