Growth Goals Driving Divestitures As Market Jitters Fade

Law360, New York (January 24, 2013, 9:23 PM EST) -- As the sting of the financial meltdown begins to fade, asset sales are being driven less by CEOs' fears over financing needs and market trends and increasingly by strategic growth goals that render certain units superfluous, according to a study Deloitte LLP published Wednesday.

“Noncore assets” has become quite the buzzword in C-suites nationwide, Deloitte determined through a 2.5-week online survey conducted in late October and early November. Of the 148 executives who responded to the survey, 81 percent listed trimming the fat as one of...
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