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The company has recently proposed to abandon its business of production and sale of tissue culture business by divesting the same.
So I'm glad to see that the Norwegian government has upheld its commitment to international law, and we encourage them to continue reviewing and divesting from other companies in their portfolio that are complicit in Israeli apartheid, including Africa Israel Properties.
CalPERS spokesman Clark McKinley added that the agency believes it can be more effective in persuading corporations to change their policies by exerting influence as a major stockholder, rather than giving up that leverage by divesting from those companies.
The company is divesting this activity through a purchase agreement with the management of the operations.
Divesting can be beneficial to clients and CPAs alike for the very reasons the Pareto Principle identifies.
Uncertainty about the true values of the divested assets, to the outside shareholders of the divesting firms and to the buyers, may be resolved over time.
However, given the difficulty and cost of divesting a major subsidiary, it is assumed that almost one in five firms divesting was not due to random chance but rather to a significant event (i.
In July, UANI announced the results of a three month-long investigation into the influence of Iran and Hizballah in the Lebanese banking system (LBS) and Lebanon's sovereign bond market, and announced a campaign to compel legitimate financial institutions into divesting from Lebanon's bond market.
The transaction was part of an ongoing programme of divesting unprofitable activities and focusing on Atlantic routes and the business area Special Tonnage, B&N Nordsjofrakt said.
UANI believes that divesting from these securities is not only the ethical thing to do, but that continuing to hold these securities, given what you now know about them, would be a problematic position to take from a compliance and fiduciary perspective.
Divesting from the three banks to protest their actions, as some are considering, would cost the city up to $590,000, according to the report by City Administrator Keith Comrie and Chief Legislative Analyst Ron Deaton.
NEW YORK -- On Wednesday, United Against Nuclear Iran (UANI) applauded the Austrian investment firm, Erste-Sparinvest KAG (Erste-Sparinvest), for divesting from Lebanese debt securities in response to UANI's campaign regarding the influence Iran holds over the Lebanese banking system.