asset-stripping


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asset-stripping

n
(Commerce) commerce the practice of taking over a failing company at a low price and then selling the assets piecemeal before closing the company down
ˈasset-ˌstripper n
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

asset-stripping

n → Asset-Stripping nt, Aufkauf von finanziell gefährdeten Firmen und anschließender Verkauf ihrer Vermögenswerte
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
References in periodicals archive ?
"Owners are coming into clubs and just asset-stripping them for their own benefit and destroying them, which is a disgrace."
a view of the vale from a dedicated fan
But instead it was accused of ruining thousands of livelihoods through allegedly asset-stripping to shore up the bank's balance sheet.
ANGER AS RBS LET OFF HOOK; For live business news visit city desk
"We have mentioned on a number of occasions this concern we have about asset-stripping and we are still finding this going on.
Hospital merger fears; CONCERNS NORTH MANCHESTER GENERAL TO BE 'STRIPPED' OF STAFF AND SERVICES
In the House of Commons, Lucas said that Macquarie had "a dismal and terrible environmental record" and "an appalling track record of asset-stripping".
MPs urge halt to Green Investment Bank sale
The letter accuses health chiefs of 'asset-stripping' Huddersfield's NHS economy and putting the emergency care unit in the wrong town.
GPs urge health chiefs to call off A&E closure
CARDIFF CITY chairman Mehmet Dalman has dismissed suggestions Vincent Tan is not committed to the Bluebirds any more and says claims of 'asset-stripping' anger him.
Dalman puts record straight on fans' fears about Tan's strategy
Antonov was arrested in London in connection with an asset-stripping probe at Lithuania's Snoras Bank.
Pray up Pompey
"And I think we should be using the castle and the Zurbarans as a source of regeneration for the town and that the Church Commissioners' idea of asset-stripping is wholly negative."
Parliament to hear of region's art row
The MP said: "I think we should be using the castle and the Zurbarans as a source of regeneration for the town and that the Church Commissioners' idea of asset-stripping is wholly negative."
MP's art pledge; In brief
ARSENE WENGER wants to see the introduction of stringent rules to prevent clubs falling into the hands of asset-stripping owners.
WENGER HITS OUT
"Davvies" fell victim to 1980s-style asset-stripping when it was bought by Greenall Whitley who promptly closed the brewery and sold off the Bath Row site for redevelopment.
The BIRMINGHAM POST: Raise a glass

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