divestiture
/dɪˈvɛstɪtʃər/
Definition
The act of a company selling off or disposing of business units, assets, or subsidiary operations.
Etymology
The word stems from the Latin 'vestire,' meaning 'to clothe,' with the prefix 'di-' signifying separation or removal. It entered English to describe the act of 'unclothing' or stripping away assets, typically in a business or legal context.
In the news
In this article, the term is used to describe the specialized professional evaluations provided by a consulting firm that help companies assess the value of assets they intend to sell. This process is a critical part of financial planning within the energy sector.
EnerCom Announces Liberty Energy as a Keynote Speaker at the 31st Annual EnerCom Denver- The Energy Investment Conference, August 17-19, 2026, in Denver, Colorado
Read the full article ↗Investing News Network