divestiture
/dʌɪˈvɛstɪtʃə
/ /dɪˈvɛstɪtʃə/(also divesture)
noun
Another term for divestment.McGann said at the conference that the options were a merger or a divestiture....
- Rather than regard corporate units as parts of a coherent whole, investors began to demand the divestiture of poorly performing assets.
- Having started this trend, we've gone through a lot of acquisitions and divestitures over a two-year period.
Origin
Early 17th century: from medieval Latin divestit- 'divested' (from the verb divestire) + -ure.