0 the act of selling something, especially a business or part of a business, or of no longer investing money in something: --
The firm specializes in mergers, acquisitions and divestitures.
The corporation announced plans to consider the divestiture of non-core businesses and reduce corporate staff.
1 the act of selling an asset, a business, or a part of a business: --
Our experience in corporate finance includes mergers and acquisitions, divestitures and restructurings.
The planned reforms include the restructuring and divestiture of public enterprises.
In 1996 a policy of ' outsourcing ' divestitures to private firms became operational.
The biggest losers comprised the large number of workers, who were retrenched in the early stages of the divestiture.
The foreign exchange sector has also realised some gains from privatisation, as a substantial proportion of the divestiture proceeds was realised in foreign currencies.
Significant among these are the high costs of the divestiture, many of which will fall due in the near future.
This freedom includes the right to break up firms before divestiture and\or to propose liquidation rather than sale.
Divestiture (privatisation) can reduce government spending and provide a one-time boost to the budget.
The divestiture reduced company risks, maintained profits and kept the company in business for another fifty years.
As can be seen in the table, over 212 divestiture transactions of state-owned enterprises have hitherto been undertaken.