divesture in a sentence
n.
Definition
Divestiture refers to the process of selling off or disposing of a subsidiary, asset, or investment to streamline operations or improve financial performance.
Sample Sentences
- The company announced a divestiture of its non-core assets to streamline operations.
- Investors were concerned about the potential impact of the divestiture on the company’s market position.
- Following the divestiture, the firm focused on its primary business model to enhance profitability.
- The strategic divestiture was seen as a necessary step to reduce debt and improve cash flow.
- In light of recent developments, the board voted unanimously in favor of the divestiture plan.
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