The products included in the divesture process are: M&J Valve, ClydeUnion Pumps, S&N Pumps, Copes-Vulcan, Dollinger, Plenty, Airpel, and GD Engineering.

Fitch expects the closing of the divesture will likely lead to a downgrade of one to two notches subject to allocation of proceeds and greater visibility on further divestiture and development plans.

M2 EQUITYBITES-July 24, 2018-HFF declares divesture of mixed use high rise property in Colorado for undisclosed amount

Global Banking News-July 24, 2018-HFF declares divesture of mixed use high rise property in Colorado for undisclosed amount

Consistent with its strategy, DHI continues to pursue the divesture of its remaining non-tech businesses.

Technopolis Oyj (HEL:TPS1V), a developer, owner and operator of a chain of smart business parks, announced on Thursday the closing of its EUR104.5m divesture of its operations in JyvAaAaAeAnskylAaAaAeAn, Finl

'This divesture allows us to focus our energy and resources on strengthening our core business, driving innovation, and exploring new products that meet the evolving needs of today's consumer,' DMFI chief operating officer David Meyers said in a disclosure to the Philippine Stock Exchange on Friday.

This divesture comes as part of Mallinckrodt's strategy to focus on driving return on invested capital.

According to Covestro president, Jerry MacCleary, the divesture of the SPF business will allow Covestro to focus on its core assets such as polymers and high performance plastics.

Teledyne said the divesture is consistent with its "ongoing evolution and focus on high-technology, proprietary engineered products."