Divestiture

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Divestiture

A complete asset or investment disposal such as outright sale or liquidation.

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.

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.
References in periodicals archive ?
Our purpose is not to complement the previously cited literature in evaluating the diversification strategy of Japanese firms, but instead to focus on portfolio restructuring in Japan from the perspective of both divesture activities and related-asset expansion activities.
The dual efforts are a requirement, providing enforcement of the divestures needed by Nexstar.
According to a press release issued by GF, the divesture is part of a broad-based restructuring in which the company will attempt to cut its total costs by more than $3.25 million.
The divesture means Foremost, which is one of the largest co-operatives in the US, will focus on its butter, cheese and dairy ingredients segments.
Our financial results for the first nine months of 2017 included the hurricane related expenses and hurricane insurance recoveries, as discussed above, and a gain of $27.2 million recorded in connection with our purchase of the minority ownership interest in, and subsequent divesture of, the St.
The letter further states that if the company determines to pursue a divesture of any of Kenmore, SHIP, or PartsDirect, ESL would be interested in participating as a buyer.
TelecityGroup's Bonnington House, Sovereign House, Meridian Gate and Oliver's Yard data centers and Equinix's West Drayton data center in London; TelecityGroup's Science Park and Amstel Business Park I in Amsterdam; and TelecityGroup's Lyonerstrasse data center in Frankfurt were the divesture of eight European assets to Digital Realty in the purchase of Telecity.
Under a program called "Plan to Win," Metaldyne has performed a product review and determined that the divesture of some of its automotive manufacturers, including metalcasters, will streamline its cost structure and improve overall performance.
"Divesture of real estate assets allows companies to focus their capital on core operations for greater efficiency or expansion and acquisitions.
Services included evaluation of accounting procedures and controls, financial statement and financial forecast attestation, tax planning and compliance, business plans and financing proposals, business acquisition and divesture, choice of entity evaluation, bank and equity financing.
This latest transaction completes the EUR 358m divesture of VTG shares previously held by WL Ross.
The sale of the assets completes the asset divesture directives in line with the mitigation measures required by a Dec 2014 Federal Energy Regulatory Commission (FERC) order that allowed to form Talen Energy.