Use of asset divestiture
proceeds and company performance
The acquiring firm has the capacity to absorb the clients identified for divestiture
of private label soup and infant feeding, which is subject to regulatory approval, is expected to be completed by the end of the Company's fiscal year 2006.
Paul Travelers' divestiture
of Nuveen has already resulted in a substantial improvement in holding company liquidity and tangible net worth through a significant reduction in goodwill and increase in cash.
After the proposed merger and divestiture
, BB&T would operate the largest depository institution in the market, controlling deposits of $138.
After a company has chosen its divestiture
strategy, it needs to establish priorities for the process of divesting.
Part II (chapters 3-7) deals with divestiture
in an industrialized economy: the United Kingdom.
HOUSTON -- Anadarko Petroleum Corporation (NYSE:APC) at its investor conference tomorrow will provide an overview of the company's operating and financial expectations, including detailed reviews of the core properties that are expected to help the company deliver a five-year compound annual production growth rate of between 5 percent and 9 percent, pro forma for anticipated divestitures
that are expected to close in 2007.
Based on all the facts of record, including the proposed divestiture
in the Milledgeville banking market and the number and size of competitors remaining in the market, the Board concludes that consummation of the proposal would not result in any significantly adverse effects on competition or on the concentration of banking resources in the banking markets in which BB&T and Premier directly compete or in any other relevant banking market.
With annual sales between $3 billion and $4 billion, that would be the largest divestiture
ever required to win antitrust clearance for an acquisition, senior government officials have conceded.
The largest transaction announced in the first nine months of 1992 was the divestiture
of 30 percent of ITT Corporation's Alcatel N.
The Bell System divestiture
put AT&T squarely into a fiercely competitive business environment.