Reuters -- Italian airline Alitalia is considering creating a separate company to hive off
its bad debts and appease Gulf-based suitor Etihad, Il Messaggero daily said on Saturday.
He was also expected to order more detailed work on how to hive off
toxic assets from RBS into a "bad" bank after a long-awaited report from the Parliamentary Commission on Banking Standards suggested it could be necessary.
Of all the proposals, the biggest was Claris Otsuka Ltd's plan to hive off
its Infusions business into a new JV with FDI worth ` 1,050 crore.
1,600 crore in revenue in next five years from its telecom tower business, which its plans to hive off
into a separate company.
EFG and QInvest sealed the agreement in May to hive off
EFG's investment banking business in a joint venture in which Qatar state-backed QInvest would hold a 60 percent stake.
A few years ago the industry practice was to hive off
the research unit to bring in new technology and talent, specific only for drug discovery.
It's like the UK being told to hive off
Buck House and stonehenge to the Germans.
New Delhi, July 05 -- Just after reports surfaced in the media which stated that the tractor maker Escorts Ltd will hive off
the railway component and auto component businesses as part of a plan to list big business verticals as separate entities, the company has announced that there is no such immediate plans.
The ministry, which has resisted calls to hive off
its spending divisions into independent corporations, is believed to have racked up heavy debts.
Yesterday, Seadrill said it would hive off
its harsh-environment business in the North Atlantic Basin into an entity named North Atlantic Drilling and launched the placement.
It can never again become such an oversized liability to the British economy, and that is why I think there is a strong case to look at the way you can hive off
, or insulate, very high risk, over-leveraged banking activities from low risk, high-street retail banking.
The upwards revision in the rating follows the complete hive off
of Docpharma (100 per cent subsidiary of Matrix), which has resulted in significant improvement in Matrix's financial risk profile.