Sri Lanka seeks bids in divestment of loss-making state carrier
COLOMBO (Reuters) – Sri Lanka has invited bids for state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a $2.9 billion International Monetary Fund…
Canada’s Teck eyes spinoff or divestment of Fort Hills oil sands stake
By Nia Williams (Reuters) – Canada’s Teck Resources said on Thursday it could pursue a spinoff or divestment of its stake in the Fort Hills oil sands project if the value of…
Putin divestment decree complicates OTP’s Russian exit effort
BUDAPEST – Hungarian OTP Bank’s Russian unit has attracted “serious interest” from potential bidders, but a Russian presidential decree banning the sale of Western banks could complicate any deal, deputy chief executive…
Siemens Energy not pursuing divestment of Siemens Gamesa for now
FRANKFURT – Siemens Energy is not currently looking at divesting its wind turbine division Siemens Gamesa as part of a strategic review, its Chief Executive Christian Bruch told journalists on Wednesday. “For…
California pension leaders differ on Russia divestment
By Ross Kerber BOSTON -Top California pension leaders on Monday offered different takes on whether the state’s big retirement funds should divest from Russian assets in the wake of the invasion of…
New York City Comptroller to suggest Russian assets for divestment
By Ross Kerber BOSTON – New York City Comptroller Brad Lander on Sunday said he plans to specify Russian assets for city pension boards to “consider for divestment” in response to Russia’s…
Breaking News
