Charles Honnywill Partner in the Divestiture Advisory Services for the UK&I at EY explains that when looking to sell a carved outbusiness, corporates could learn a few things from private equity
Charles' tips on divestment:
• Establish portfolio review protocols so that it’s clear which businesses you might want to sell to and why
• Allow time to enhance the value of the business
• Involve stakeholders so they understand performance expectations and aren’t threatened by a potential sale
• Enlist an internal project leader who has the C-suite’s ear
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