Tag #Divestment

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cnnespanol.cnn.com

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Nov 29, 02:00

Trump Cabinet Faces Conflict-of-Interest Scrutiny

President-elect Trump is assembling a cabinet of wealthy individuals, many of whom will need to divest assets to avoid conflicts of interest; however, loopholes and a lack of enforcement raise concerns.

Trump Cabinet Faces Conflict-of-Interest Scrutiny

President-elect Trump is assembling a cabinet of wealthy individuals, many of whom will need to divest assets to avoid conflicts of interest; however, loopholes and a lack of enforcement raise concerns.

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What are the financial implications for high-level appointees transitioning from the private sector to government service?

Moving from Wall Street to Washington comes with a pay cut for incoming officials; some may see salaries reduced by tens of millions annually. They must divest from any holdings creating conflicts of interest, though loopholes allow many to remain wealthy.

faz.net

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Nov 29, 22:07

Norma Group Sells Water Management Division to Focus on Core Automotive Business

The Norma Group, a German automotive parts manufacturer, announced the sale of its water management division, which generated €300 million in revenue in 2023, to refocus on its core automotive business and improve investor perception; the move is expected to free up resources for reinvestment and ex...

Norma Group Sells Water Management Division to Focus on Core Automotive Business

The Norma Group, a German automotive parts manufacturer, announced the sale of its water management division, which generated €300 million in revenue in 2023, to refocus on its core automotive business and improve investor perception; the move is expected to free up resources for reinvestment and ex...

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What is the main reason behind Norma Group's decision to sell its profitable water management division despite its recent growth?

The Norma Group, a German automotive parts manufacturer, announced plans to sell its water management division, generating approximately €300 million in revenue in 2023. This divestment aims to streamline operations, focusing resources on core metal and plastic automotive connection components, which constitute over half of the company's revenue. The sale is expected to improve investor perception and free up capital for reinvestment in core businesses and expansion into other industrial sectors.

Showing 25 to 26 of 26 results