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VORADictionaryC1Divestiture
CEFR C1 — Advanced

Divestiture

Definition

(formal) The act of selling or disposing of a subsidiary, asset, or business unit, often to focus on core activities or to comply with regulatory requirements.

Example Sentences

1The company's divestiture of its non-core assets allowed it to concentrate on its main business lines.
2Did the government's decision to impose stricter regulations lead to the company's divestiture of its shares in the joint venture?
3The board of directors approved the divestiture of the underperforming division to reduce financial losses.
4To avoid antitrust issues, the company agreed to the divestiture of several key assets as a condition of the merger.
5The trend towards divestiture in the energy sector reflects a shift towards more specialized and efficient operations.

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