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 ?
The group has also started to divest its other non-healthcare company, MOF Technologies Ltd, and is discontinuing support for certain projects and companies, including Morphodyne SA, Qlida Diagnostics, Inc.
NORDIC BUSINESS REPORT-3 October 2005-Uponor Oyj divests last investment property(C)1994-2005 M2 COMMUNICATIONS LTD http://www.
NORDIC BUSINESS REPORT-1 July 2005-Swedish Match AB divests Wimco Ltd to Indian Tobacco Company(C)1994-2005 M2 COMMUNICATIONS LTD http://www.
NORDIC BUSINESS REPORT-15 August 2003-Skanska divests construction operations in Latvia(C)1994-2003 M2 COMMUNICATIONS LTD http://www.
NORDIC BUSINESS REPORT-18 March 2003-B&N Nordsjofrakt AB divests bulk carrier MV Bergon(C)1994-2003 M2 COMMUNICATIONS LTD http://www.