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Divestiture
(redirected from divestment)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Divestiture
A complete asset or investment disposal such as outright sale or liquidation.

divestiture
The sale, liquidation, or spinoff of a division or subsidiary. For example, a firm may decide to divest itself of a division in order to concentrate its managerial efforts on more promising segments of its business.

Divestiture
The removal of assets from a person or firm's balance sheet through sale, exchange, closure, bankruptcy, or some other means. Divestiture may occur when a person or company has acquired more than he/she/it can properly administer. This sort of divestiture may occur slowly; for example, a corporation may slowly sell subsidiaries to concentrate exclusively on its core competence. On the other hand, divestiture may occur because a person or company has become cash poor and needs to build liquidity very quickly.


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Lists of companies that do business with the Sudan is available from the Sudan Divestment Task Force at www.
Lanxess, Pittsburgh, PA, announced a divestment of its North American Textile Processing Chemicals (TPC) business unit.
Representatives from Jewish World Watch and the student-led Sudan Divestment Task Force met last week in an effort to convince the Lacers corporate governance committee to divest itself from companies with ties to Sudan.
 
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