单词 | divest |
释义 | divest divest // verb [+ obj] (formal)
to sell part of a business or assets; to get rid of sth you own: He said that the company is not planning to divest its auto-parts business. The government is seeking to divest itself of a 72% stake in the manufacturer. The company has been divesting assets to strengthen its balance sheet. The brands are being sold as part of our strategy to divest non-core businesses.
to divest assets/businesses/brands/products
divestment noun [C,U]: The company has identified non-core assets for divestment. They have announced divestments worth $5bn. a divestment programme
divestiture // noun [C,U]: the possible divestiture of one or more product lines mergers, acquisitions and divestitures |
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