divestiture
Definitions
The partial or full disposal of a business unit, asset, or subsidiary by a company.
The act of depriving someone of power, rights, or possessions.
Examples
The company announced the divestiture of its non-core assets to focus on its primary business operations.
Following the merger, the regulatory commission mandated the divestiture of several retail branches to maintain market competition.
The board of directors is currently considering the divestiture of the international division to improve overall profitability.
Synonyms
disinvestment divestment disposal liquidation selling-off divesting alienation
Antonyms
acquisition investment procurement purchase accumulation buying amalgamation