Pronunciation: /dɪˈvɛstɪtʃər/
noun the sale of assets, business divisions, or subsidiaries by a company
A1 The divestiture of the company's non-core assets was necessary for financial stability.
A2 After the divestiture of the subsidiary, the parent company focused on its core business.
B1 The divestiture of the unprofitable division led to an increase in overall profitability.
B2 Investors reacted positively to the divestiture announcement, causing the stock price to rise.
C1 The divestiture strategy was carefully planned to maximize shareholder value.
C2 The divestiture of the company's international operations was a complex process involving multiple stakeholders.
formal The company announced a divestiture of its non-core assets to focus on its main business operations.
informal The company is getting rid of some stuff they don't need through divestiture.
slang They're ditching those assets with a divestiture move.
figurative In order to grow, sometimes you have to prune the tree of your business through divestiture.
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