The Bureau's Compliance Division is experienced in vetting
divestiture packages and buyers.
Divestiture of this product grade to Venator was based on the approval granted to the company by the European Commission with regard to Tronox's acquisition of the titanium dioxide business of The National Titanium Dioxide Company Limited, which was consummated on April 10, this year.
What's in focus in this pleading cycle are the
divestitures tied to the merger's completion.
Energizer expects to complete the
divestiture of the Varta Divestment Business during the first half of calendar year 2019.
In addition, the combined gross proceeds from both transactions were about USD2.6bn and Newell continues to expect about USD2.5bn of after-tax proceeds from these
divestitures, subject to customary working capital and other transaction adjustments.
Completion of the
divestiture is subject to the approval of the respective antitrust authorities and the signature of the aforesaid agreement for the French business.
On the other hand, the consequences of
divestiture on JELD-WEN cannot be discerned with certainty in large measure because JELD-WEN has chosen not to internally assess those effects, except in broad and somewhat speculative terms.
These estimates had taken into account the
divestiture of operations in Jyvaskyla, Finland in late 2017.
Divestiture of assets related to Medicare drug coverage would likely be a positive step toward alleviating competitive concerns about the merger.
Divesting non-core businesses represent approximately 40% of 2017 net sales with Jostens and Pure Fishing added as candidates for
divestiture on top of Rubbermaid Commercial Products, Mapa/Spontex/Quickie, The Waddington Group, Process Solutions, Rawlings, Goody, Rubbermaid Outdoor/Closet/Refuse & Garage and U.S.
6 (ANI): In response to queries from investors regarding IndiGo's involvement in the upcoming
divestiture of Air India, IndiGo on Friday said it was not interested in taking over Air India's domestic operations.
Total segment revenue was USD 1.7bn for the quarter, up 2% versus the prior year period, or up 3% excluding the impacts from currency and the
divestiture of the Australian ATM business that occurred at the end of the third quarter of 2016.
Sherwin-Williams previously reported in its 2016 year-end earnings release and 2016 Annual Report that it expected a
divestiture would be required to gain approval from the Federal Trade Commission to complete the Valspar acquisition.
