Grand Metropolitan, the British food and drinks group with large American holdings, announced management changes.
British and Dutch investors have accumulated large American holdings without causing great anxiety.
The Japanese company's other American holdings include reseach centers, an electronics company and a winery.
It is time to unload some long-term American holdings, he added.
A weak dollar makes American holdings less attractive to foreign investors.
The British agency has substantial American holdings as well.
After significant write-downs in the last two or three years, Heron estimates that its American holdings are worth about $520 million.
Kmart bought out the chain's entire American holdings in 1989, having previously owned a 49 percent share.
A recession struck in 1604 as the amount of gold and treasure Spain's American holdings fell.
The managers sold off shares in September 1999, including all of their American holdings, a move that they conceded owed much to luck.