hive off


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hive off

v.
To set something apart from a group: The CEO hived off the department into another division. The police academy hived the new recruits off during orientation.
See also: hive, off
References in periodicals archive ?
Whitbread is being forced to hive off the brewing arm after striking a deal to buy 3,500 pubs from Allied Domecq.
UBS AG (NYSE: UBS) has rejected shareholder Knight Vinke's demand to hive off the investment banking unit of the Swiss lender.
Rupert Murdoch's company withdrew its offer to hive off Sky News as a separate company and said it was now ready to engage with the regulator instead.
The Conservatives have said that they'll hive off Radio 1.
64 billion) and unveiling plans to hive off half of its petrochemicals arm.
AMP has spent most of this year working on a plan to hive off its UK arm, which has been blamed for sending the Australian company into the red.
The hive off will see 46 per cent sold to the private sector and five per cent to staff.
Franco-Belgian oil giant TotalFinaElf has announced that it has signed an agreement to hive off to the Israeli company Alon Israel its downstream assets in the United States, comprising the Big Spring refinery in Texas and a network of some 1,700 Fina service stations.
The move follows a series of disposals after the group's announcement a year ago that it would hive off its non-core interests to concentrate on international vehicle distribution.
Hoenig said that he would prefer banks to hive off risky activities such as trading and creating derivatives and eliminate any taxpayer subsidy for such businesses.
The state-owned firm beat an in-house bid to run trains and stations after Nexus was ordered to hive off parts of the service in exchange for pounds 300m worth of rail investment.
Last month, it was reported WH Smith were looking to hive off news distribution - possibly through stock market flotation.
The Crown Prosecution Service claims Maureen McPartland plotted from prison to hive off more than pounds 80,000 into an offshore bank account.
It marks yet another move by the group formed out of the Greenalls brewery business to hive off operations.
The German bank is hoping to shed its cable television network business after weighing up the consequences of Deutsche Telekom's intention to hive off its cable networks to foreign groups that have put in higher bids than DB Investor, the magazine added, without, however, revealing its sources.