Bayer's divestment program, aimed at shedding noncore operations, is set to continue.

Large steel companies have increasingly shed various operations that they considered to be outside their long-term strategy.

Two years ago, it shed poorest-performing operations and trimmed its staff.

AS 3Com makes plans to become a much smaller networking solutions company, shedding several slower-growing operations, executives have decided to change agencies.

That is requiring AT&T to become more nimble and to shed unprofitable operations like computers.

The sale is part of Degussa's program to shed noncore operations and focus on the specialty chemicals business.

But by the mid-1980's, Singer faced huge debts, had sold off its flagship sewing-machine business, and was shedding other operations.

The provision is intended to avoid subsidizing a company that might reduce its payroll or shed operations soon.

The spinoff is part of Sears's plan to shed financial operations to concentrate on its core retail operations.

As part of the deal, Scott's, based in Toronto, would also shed its restaurant-franchise and food-service operations.