Divesting

Ark’s sale of Coinbase shares is part of a larger trend of divesting from crypto-related assets, as seen in their Grayscale Bitcoin Trust shares.

DIPAM said that the offer-for-sale (OFS) route has been actively pursued by the government for divesting its shareholding in CPSEs.

Instead, Divest is beginning to look toward potential financial gains that may come from divesting from fossil fuels to support its campaign.

It’s been divesting real estate, selling the CBS Black Rock corporate headquarters in NYC and Television City in LA, and the CBS Broadcast Center on far West 57 Street could be next.

Lord Markham, a health minister since September, remains part-owner of a private Covid testing company despite having repeatedly said he was in the process of divesting his stake.

The Government’s move towards divesting from businesses is a positive step that must be done transparently.

Besides being eager to manage that monstrous $94 billion PERS fund, Steiner is also focused on financial literacy to help Oregonians save for college, retirement, and future health needs, as well as divesting the state from the grasp of fossil fuels.

Divesting is an easy chant.

In the 2024 budget, after struggling to find funding for museum maintenance, the Milwaukee County Board directed the county administration to evaluate options for divesting the county of the two cultural institutions.

Omar Al Olama, Minister of State for Artificial Intelligence, was speaking Tuesday after a state-linked Emirati AI firm secured a major investment from Microsoft, reportedly divesting Chinese interests as part of the deal.

The Australian hedge fund also suggested increasing dividends by discontinuing share buybacks and divesting a minority stake in Glencore’s lucrative trading division via an initial public offering instead of spinning off its coal business, the FT said.

The Federal Government yesterday said international oil companies (IOCs) will not be blocked from divesting their assets in the country even as the government warned that short-changing Nigeria in the process will not be tolerated.

An argument Brunner often hears when discussing divesting from fossil fuels is that if one investor steps out, another steps in. The investee company feels no pressure to change its behaviour.

Three demands came up repeatedly: decolonising the curriculum; divesting funds away from police forces in favour of a public health-focused approach to crime; and better representation of black Britons across a wider section of society.

To mark the occasion earlier this month, the Vatican urged Catholics around the world to take practical steps to fulfill this mission — including by divesting from fossil fuel-based industries.

Activist hedge funds push for changes at companies, ranging from ousting management and board directors to buying back stock and divesting non-core assets.

As such, Clean TeQ has appointed Macquarie Capital to run a partnering process for the company as it considers divesting up to 50 percent of Sunrise in combination with long-term offtakes.

CFIUS is talking with TikTok about measures it could take to avoid divesting the Musical.ly assets it acquired, Reuters reported.

The company was on track to meet its target of delivering an 18% return on equity to shareholders by the end of March 2021 by divesting its non-core assets, according to Amit Shah, a research analyst at Motilal Oswal.

The upcoming divesting of federal lands by Transport Canada along the St. Lawrence River in Cornwall is a major economic and environmental opportunity for our region.