divestiture in a sentence
n.
Definition
Divestiture is the process of selling off or disposing of subsidiary assets or business units to streamline operations and focus on core activities.
Sample Sentences
- The company's divestiture of its non-core assets allowed it to focus on its primary business objectives.
- After the divestiture, many employees were left uncertain about their future in the newly restructured organization.
- Regulatory approval was a crucial step in the divestiture process, ensuring compliance with antitrust laws.
- Investors were pleased with the divestiture, believing it would enhance the firm's overall profitability and market position.
- The strategic divestiture of underperforming divisions marked a significant shift in the company’s long-term strategy.
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