Entries tagged "divestments"
PwC's Mark Ross predicts that there will be an increase in strategic divestments over the next year.
Now that its acquisition of Merrill Lynch is complete, Bank of America Corp. (NYSE: BAC) may sell off First Republic Bank, a private bank it inherited in the acquisition.
It's not really a surprise that American International Group Inc. is looking to sell off some international assets to repay its $85 billion government loan. What is surprising is the selling off of its foreign life insurance operations, after newly appointed CEO Edward Liddy said that the insurer was staying in the life insurance business. ...
Belgian brewer InBev SA made a $46 billion all-cash offer for Anheuser-Busch Cos. Wednesday. Since then, stock is up over $3.00 to around $61.50, and the chatter is rising too. So what's next for the great American beer company? ...