Divestiture - Financial definition
Financial acronyms
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Concise definition of the term divestiture
Divestiture refers to the process of selling or disposing of a company's assets, subsidiaries, divisions, or business units. It is a strategic decision made by a company to reduce its operations or focus on core areas of business.
Comprehensive definition of the term divestiture
Divestitures can be done to improve financial performance, streamline operations, or reallocate resources.