divestitures Archives - CFO

Private Equity’s 2022 Game Plan

Private Equity’s 2022 Game Plan

As fund sizes swell with investor cash, PE firms feel pressure to find untapped value opportunities.

By Kevin Thornton and Chris Reeves | February 25, 2022

Building a Case for Macy’s and Just Eat Takeaway’s Spinoffs

Building a Case for Macy’s and Just Eat Takeaway’s Spinoffs

Macy’s e-commerce unit could fetch a handsome valuation as a standalone, and poorly performing Grubhub is dragging down JET's stock price.

By Vincent Ryan | October 26, 2021

Five Accounting and Reporting Considerations Before Reopening

Workplace Issues

Five Accounting and Reporting Considerations Before Reopening

Companies must now adjust to a yet-evolving new normal.

By Vincent Ryan | June 4, 2020

10 Key Principles for Effective Capital Deployment: Part 2

10 Key Principles for Effective Capital Deployment: Part 2

Acquire carefully, beware of leverage, have rules-based buyback processes, don’t bank on dividends, and realize that value creation is hard work.

By Gregory V. Milano | March 13, 2020

Share Prices Plummet Following Divestitures in 2019

Mergers & Acquisitions

Share Prices Plummet Following Divestitures in 2019

Almost two-thirds of companies are seeing their stock prices underperform industry benchmarks, with the average underperformance at 7%.

By David McCann | August 21, 2019

The Link Between Divestitures and Share-Price Malaise

The Link Between Divestitures and Share-Price Malaise

An extensive study counterintuitively reveals that a majority of divestitures are accompanied by lagging stock performance for the divesting firm.

By David McCann | February 28, 2019

Newell Continues ‘Accelerated Transformation’

Newell Continues ‘Accelerated Transformation’

The struggling consumer products firm agrees to sell its Pure Fishing and Jostens units as part of its turnaround effort.

By Matthew Heller | November 7, 2018

Valeant Sells Dendreon, Other Assets for $2B

Valeant Sells Dendreon, Other Assets for $2B

The sales of Dendreon and three skincare brands will help the troubled drug maker to reduce its $30 billion debt burden.

By Matthew Heller | January 11, 2017

Total Sells Chemical Unit to Carlyle for $3.2B

Total Sells Chemical Unit to Carlyle for $3.2B

The French energy group is seeking to shed $10 billion in assets by the end of 2017 as it responds to low oil prices.

By Matthew Heller | October 7, 2016

Devon Energy to Sell $1B in Upstream Assets

Devon Energy to Sell $1B in Upstream Assets

The divestitures are part of the energy producer's program to sell from $2 billion to $3 billion in assets this year.

By Katie Kuehner-Hebert | June 6, 2016

Twice as Many Firms Plan Asset Sales in 2016

Twice as Many Firms Plan Asset Sales in 2016

Divestments are being used mostly to grow core businesses and invest in new products, an EY study finds.

By Katie Kuehner-Hebert | January 29, 2016

Halliburton Pushing to Keep Baker-Hughes Deal Alive

Halliburton Pushing to Keep Baker-Hughes Deal Alive

The oilfield services supplier has taken another step to ease the concerns of regulators who fear the merger would be anticompetitive.

By Matthew Heller | January 25, 2016

FTC Rejects Staples’ Offer on Office Depot Deal

FTC Rejects Staples’ Offer on Office Depot Deal

Staples' proposal to divest up to $1.25 billion of commercial contracts isn't enough to ease the FTC's concerns that the merger will stifle competition.

By Katie Kuehner-Hebert | December 21, 2015

Ready, Set, Divest!

Ready, Set, Divest!

“Reallocating capital from non-core to core business and core business adjacencies will be the name of the game in 2015,” says an Ernst & Young chair.

By Katie Kuehner-Hebert | March 3, 2015

Divestitures Can Spawn Costly Human-Capital Errors

Divestitures Can Spawn Costly Human-Capital Errors

Amid a rush of spinoffs and carve-outs, parties to deals must watch out for people-related things they assume will work but won’t and important but often-overlooked considerations.

By David McCann | July 12, 2013