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divestment
(redirected from Divestitures)

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divestment

Selling of unwanted parts of a business. This may be because the company wishes to reduce costs by selling unprofitable parts of its business, or because of a change in long-term strategy.



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Divestitures may once have been looked upon as a symbol of failure, but no more.
Corporate divestiture gains as value-creator. (Strategic Planning) by Kelly, Shaun T. / Financial Executive
Reno would not predict whether the extra time would produce agreement on divestitures that would satisfy the government's objections.
LOCKHEED, NORTHROP GET TIME TO SAVE DEAL by Daily News (Los Angeles, CA)
The divestiture of Flexible Lamps, a UK manufacturer of lighting systems for commercial vehicles, following the divestitures earlier this year of the company's Neapco and Pioneer business units, furthers UCI's Centers of Excellence strategy, allowing the company now to devote full focus and attention to its core automotive aftermarket businesses: Airtex Products (fuel systems), ASC Industries (cooling systems), Champion Laboratories (filtration) and Wells Manufacturing (engine management).
United Components Completes Sale of Its Flexible Lamps Unit by Business Wire
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