Divestiture

(redirected from divests)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

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 ?
The divested company will operate under the name Recover Nordic Korjausrakentaminen Oy and under its existing business ID after the closing of the acquisition.
The six properties are being divested at a market value of SEK1,775m and this is happening as a step in the company's overall strategy to focus on its core business.
Instalco will divest 100% of Expertkyl, with completion effective 5 March 2018.
Talkline ID is being divested to ensure a more intense focus on the development of the mobile company Talkline, according to the company.
The firm said that it has divested its insurance business to Sogaz Insurance Group.
The operations to be divested are currently performed at Nortel's facilities in North Carolina, US and Monkstown, Northern Ireland but they will be transferred to C-MAC's own facilities in North Carolina and Carrickfergus, Northern Ireland.
Property company Victoria Park AB (STO:VICPA) announced on Friday the signing of an agreement to divest its lifestyle property segment to a company operated by the event manager Bengt Martensson and the registered estate agent Angela Kingberg.
A Dutch pension administrator has announced that it has divested from five Israeli banks over their activity in the West Bank.
NORDIC BUSINESS REPORT-March 4, 2016-Skanska divests operations in Latin America for USD25m
M2 EQUITYBITES-March 4, 2016-Skanska divests operations in Latin America for USD25m
NORDIC BUSINESS REPORT-January 13, 2011-Trelleborg divests light vehicle brake hoses operations in Brazil for SEK65m(C)2011 M2 COMMUNICATIONS http://www.m2.com
M2 EQUITYBITES-August 10, 2015-NetScientific Divests Non-Core Assets