Editing Divestment (section)

== Method of divestment ==

Some firms are using technology to facilitate the process of divesting some divisions. They post the information about any division that they wish to sell on their website so that it is available to any firm that may be interested in buying the division. For example, Alcoa has established an online showroom of the divisions that are for sale. By communicating the information online, Alcoa has reduced its hotel, travel, and meeting expenses.

Firms use transitional service agreements to increase the strategic benefits of divestitures.

Divestment execution includes five critical work streams: governance, tax, carve-out financial statements, deal-basis information, and operational separation.<ref>{{cite web |last1=Hammes |first1=Paul|title=Are You Considering Divesting Assets? If Not, You Should Be|url=https://www.transactionadvisors.com/insights/are-you-considering-divesting-assets-if-not-you-should-be|publisher=Transaction Advisors |issn=2329-9134}}</ref> Companies often create cross-disciplined teams composed of IT, HR, legal, tax, and other key business units, to implement a business separation.<ref>{{cite web |last1=Markel|first1=Carina|last2=Smith |first2=Lawson |last3=Farkas|first3=Jennifer|title=A Billion Dollar Successful Separation |url=https://www.transactionadvisors.com/insights/billion-dollar-successful-separation|publisher=Transaction Advisors |issn=2329-9134}}</ref>

With [[economic liberalization]] of the [[Economy of India|Indian economy]], India's [[Ministry of Finance (India)#Department of Disinvestments|Ministry of Finance]] set up a separate [[Ministry of Finance (India)#Department of Disinvestments|Department of Disinvestments]].