'In line with my principle of business focus, we have
divested from our marketing and upstream businesses and shall from now on focus and consolidate on the gains of our power generation business, Geregu Power Plc.
The
divested subsidiary's new owner is Recover Nordic Group.
The same groups were behind pushes to get the Norwegian Sovereign Wealth Fund in 2015 to
divest an estimated $8 billion from the coal sector, and more recently BNP Paribas Asset Management, became the last of more than 100 major financial institutions to
divest from coal, a total of $1 billion in their case.
His remarks came soon after the apex court restored the powers of the Verma as it set aside the Centre's decision to
divest him of his powers to function as the head of the investigating agency.
Ireland's decision to
divest is the latest in a movement that has swept across cities, universities, and pension funds.
If the Irish bill passes, it will make Ireland the world's first government to
divest from fossil fuels.
Ballard Power Systems (NASDAQ : BLDP )( TSX: BLDP), a company that provides clean energy products, has signed a definitive agreement to
divest certain non-core assets of its subsidiary, Protonex, related to the Power Manager business to Revision Military Ltd.
Responding to comments by Prime Minister Tun Dr Mahathir Mohamad that Khazanah had deviated from its original purpose to help the Bumiputera, the MCA deputy president warned the government against asking Khazanah to
divest its profitable assets to a select few Bumiputera individuals.
LAHORE -- According to a notice filed on the exchange, Meezan Bank Limited today announced that Noor Financial Investment has
divested another 3.4 per cent in Meezan Bank.
Pimentel said Calida, who admitted that he has not
divested from his family's security firm, is not a Cabinet member, therefore the requirement to
divest does not apply to him.
"Now that he has new friends, he says he would
divest 'if he wins.' If he thought it was truly problematic, he would
divest now, stay
divested, and not wait."
M2 PHARMA-March 1, 2018-Moberg Pharma
divests brand Balmex for USD4.25m to Randob Labs