Divestiture- Meaning
What is meant by Divestiture?
By  Harsh Sharma  |  18 May 2016  |  Upvotes: 0  | 

2 Answer(s)

Prateek Kumar

Divested" is a legal term that means relinquished or dispossessed. The term usually refers to the surrender or forfeiture of the property or authority.

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Vishal Kumar Thakur

A divestiture is the partial or full disposal of a business unit through sale, exchange, closure or bankruptcy. Divestiture may result from a management decision to no longer operate a business unit because it is not part of a core competency. It may also occur if a business unit is deemed redundant after a merger or acquisition.

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